Examlex

Solved

Table 5.85.8 Demand =52,000= 52,000 Units/year
Standard Deviation of Weekly Demand =110= 110

question 7

Multiple Choice

Table 5.85.8
Demand =52,000= 52,000 units/year
Standard deviation of weekly demand =110= 110 units
Ordering costs =$45/= \$ 45 / order
Holding costs =$0.50/= \$ 0.50 / unit // year
Cycle- service level =90%= 90 \%
Lead time =2= 2 weeks
Number of weeks per year =52= 52 weeks
You will need to refer to a normal table to answer the question(s) .
-Use the information in Table 5.8. A firm uses the periodic review system to control the item depicted above. It reviews the item's status every three weeks (P = 3) . At the most recent review an inventory clerk just checked the inventory of this item and found 1500 units. There were no scheduled receipts and no back orders. How many units should be ordered? (Hint: You must calculate T before answering this question.)


Definitions:

Placenta Previa

A pregnancy complication where the placenta covers the cervix, often leading to bleeding.

Highly Vascular Organ

An organ with an abundant supply of blood vessels, critical for its function and health, such as the liver or kidneys.

Lower Uterus

The inferior portion of the uterus, which narrows to form the cervical canal leading to the vagina.

Developing Fetus

A term referring to an unborn offspring during the period between embryonic development and birth, highlighting its ongoing growth and development stages.

Related Questions