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Exhibit 12.3 The Following Questions Use the Information Below

question 33

Multiple Choice

Exhibit 12.3
The following questions use the information below.
An auto parts store wants to simulate its inventory system for engine oil. The company has collected data on the shipping time for oil and the daily demand for cases of oil. A case of oil generates a $10 profit. Customers can buy oil at any auto parts store so there are no backorders (the company loses the sale and profit) . The company orders 30 cases whenever the inventory position falls below the reorder point of 15 cases. Orders are placed at the beginning of the day and delivered at the beginning of the day so the oil is available on the arrival day. An average service level of 99% is desired. The following spreadsheets have been developed for this problem. The company has simulated 2 weeks of operation for their inventory system. The current level of on-hand inventory is 25 units and no orders are pending.
-Using the information in Exhibit 12.3, what formula should go in cell G9 to compute inventory position?

Understand the use and calculation of flow rates for medication administration devices (e.g., pumps).

Recognize and calculate the correct dose for direct IV medications and the appropriate rate of administration.

Understand the principles of Total Parenteral Nutrition (TPN) solutions, including their purpose and typical contents.

Estimate the caloric value of IV dextrose solutions and understand their relevance in patient care.

Definitions:

Blepharoptosis

A medical condition characterized by the drooping or falling of the upper eyelid.

Drooping Eyelid

A condition known medically as ptosis, characterized by the upper eyelid falling to a lower position than normal, potentially obstructing vision.

Sagging

The condition of drooping or sinking under weight or pressure, often referring to structures or physical appearance.

Sialolithiasis

A medical condition characterized by the formation of calculi or stones in the salivary glands.