Table $5.9$ Demand $= 140$ Units/week
Standard Deviation in Weekly Demand $= 21$

question 74

Multiple Choice

Table $5.9$
Demand $= 140$ units/week
Standard deviation in weekly demand $= 21$ units
Ordering cost $= \$ 20$ /order
Holding cost $= \$ 1$ per unit per year
Cycle-service level $= 85$ percent
Lead time $= 6$ w eeks

You will need to refer to a normal table to answer the question(s) .
-Use the information in Table 5.9. Design a continuous review system making Q equal to EOQ. What will be the economic order quantity (EOQ) ?

• A) less than or equal to 560
• B) greater than or equal to 560 but less than or equal to 575
• C) greater than 575 but less than or equal to 590
• D) more than 590

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Definitions:

Peri-

A prefix meaning around or surrounding, often used in medical terms to describe areas surrounding a structure or organ.

Audi/o

A prefix meaning related to hearing or sound.

Organ of Corti

A structure located in the cochlea of the inner ear, responsible for converting sound vibrations into nerve impulses.

Otorhinolaryngology

A surgical subspecialty within medicine that deals with conditions of the ear, nose, and throat (ENT) and related structures of the head and neck.