Use the Following Information to Answer the Questions:
Suppose Kim

question 62

Multiple Choice

Use the following information to answer the Questions:
Suppose Kim and Chris want to take turns, using the bottom-up strategy, to allocate several textbooks currently held jointly. Their ranked preferences are listed below: $$\begin{array} { | l | l | l | l | l | l | l | } \hline & 1 ^ { \text {st } } & 2 ^ { \text {nd } } & 3 ^ { \text {nd } } & 4 ^ { \text {th } } & 5 ^ { \text {th } } & 6 ^ { \text {th } } \\\hline \text { Chris } & \text { botany } & \text { sociology } & \text { physiology } & \text { biology } & \text { ecology } & \text { chemistry } \\\hline \text { Kim } & \text { biology } & \text { chemistry } & \text { botany } & \text { sociology } & \text { ecology } & \text { physiology } \\\hline\end{array}$$
-If Chris chooses first, what is Kim's first choice?

• A) biology
• B) chemistry
• C) botany
• D) sociology

---

Definitions:

Expected Shortage

The anticipated deficit in supply of a product or resource, often calculated based on current inventory levels and projected demand.

Safety Stock

Additional inventory held to protect against stockouts caused by variations in supply and demand, ensuring that a sufficient quantity of goods is available for production or sale.

Average Flow Time

The average time that it takes for a product to go through the entire supply chain, from procurement of raw materials to the delivery of the final product.

Reorder Point

The inventory level at which a new order should be placed to replenish stock before it runs out.