Scenario 9.9 Demand = 5,200 Units/year

question 55

Multiple Choice

Scenario 9.9
Demand = 5,200 units/year
Standard deviation of weekly demand = 11 units
Ordering costs = $45/order
Holding costs = $2/unit/year
Cycle-service level = 90% (z for 90% = 1.28)
Lead-time = 3 weeks
Number of weeks per year = 52 weeks
-Use the information in Scenario 9.9.The firm decided to change to the periodic review system to control the item's inventory.For the most recent review,an inventory clerk checked the inventory of this item and found 500 units.There were no scheduled receipts at the time.How many units should be ordered? (HINT: Use the EOQ model to derive P,the time between reviews. )

• A)0 units
• B)greater than 0 but less than or equal to 300 units
• C)greater than 300 but less than or equal to 600 units
• D)greater than 600 units

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Definitions:

Neuroglial Cells

Supportive cells in the nervous system that do not conduct electrical impulses but play key roles in providing support and protection for neurons.

Neurons

Nerve cells that transmit information through electrical and chemical signals, serving as the basic building blocks of the nervous system.

Chemical Role

The chemical role refers to the function or position that a specific chemical species or group of species plays within a particular chemical process or reaction.

Brain Volume

The total space occupied by the brain, typically measured in cubic centimeters (cm³) or milliliters (mL), which can be indicative of various health conditions or cognitive capabilities.