Which of the Following Is Not Necessary to Compute the Order

question 50

Multiple Choice

Which of the following is not necessary to compute the order quantity using the fixed-time-period model with safety stock?

• A) Forecast average daily demand
• B) Safety stock
• C) Inventory currently on hand
• D) Ordering cost
• E) Lead time in days

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Definitions:

Punctual

Describes the characteristic of being on time or performing tasks within the agreed or expected timeframe.

Preservation

The act of maintaining or protecting something from harm, decay, or destruction, often to keep its original state or value intact.

Innovation

The process of introducing new ideas, devices, or methods, or the novel ideas, devices, or methods themselves.

Survival Value

The extent to which a particular behavior, trait, or characteristic increases the likelihood of survival and reproduction of an organism.