In a Kanban System, the Numerator of the Formula K $\alpha$

question 11

Multiple Choice

In a Kanban system, the numerator of the formula K =[d(p + w) (1 + $\alpha$ ) ]/C is analogous to

• A)demand during the lead time only in a fixed quantity inventory system.
• B)safety stock only in a fixed period inventory system.
• C)the order up-to-level (M) in a fixed period inventory system.
• D)the reorder point (r) in a fixed quantity inventory system.

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Definitions:

Settlement Date

The date on which a trade or financial transaction must be completed, with the transfer of the asset and payment.

Year End

The end of a fiscal year or accounting period, at which time companies close books and prepare financial statements.

Exchange Loss

A financial loss resulting from foreign exchange rate fluctuations when converting foreign currency transactions into the domestic currency.

Transaction Date

The date on which a transaction actually takes place, often used in the context of financial trades or agreements.