If a Company Has Demand of 1,600 Units for the Month

question 44

Multiple Choice

If a company has demand of 1,600 units for the month of May and a beginning of 900 units, and if X_m = production in May and L_m = the number of lost sales in May, which of the following represent the material-balance constraint?

• A)X_m - I_m + 900 + L_m = 1,600
• B)X_m + I_m - 900 + L_m = 1,600
• C)X_m - I_m + 900 - L_m = 1,600
• D)-X_m - I_m + 900 - L_m = 1,600

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Definitions:

Regulations Compliance

entails adhering to laws, policies, and regulations that govern how a business operates, ensuring it meets legal and ethical standards.

Measuring Performance

The process of evaluating the efficiency, effectiveness, and quality of work done by an organization, program, or employee.

Supply Function

The role or operation focused on managing and overseeing the procurement and provision of goods and services.

Supply Management

The process of managing and optimizing the flow of materials, information, and finances as products move from suppliers to manufacturers to wholesalers to retailers to consumers.