Refer to Smart Products

question 96

Multiple Choice

Refer to Smart Products.If management determines that a four day safety stock is appropriate for this input,what is the new reorder point?

• A) 822 units
• B) 3288 units
• C) 4932 units
• D) 4110 units

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Definitions:

Return On Investment

A profitability ratio that calculates the return gained on an investment relative to the investment’s cost.

Investment Opportunity

Investment Opportunity is a term used to describe a business, project, or asset that has the potential to generate significant financial returns or profits.

Minimum Required Rate

The lowest acceptable rate of return on an investment, set by the investor.

Throughput Time

The total amount of time it takes for a product to move through the entire production process, from start to finish.