Scenario 9.7 You Are the Operations Manager of a Firm That Uses

question 101

Multiple Choice

Scenario 9.7
You are the operations manager of a firm that uses the continuous-review inventory control system.Suppose the firm operates 52 weeks a year,365 days,and has the following characteristics for its primary item:
Demand = 25,000 units/year
Ordering cost = $30/order
Holding cost = $8/unit/year
Lead time = 2 weeks
Standard deviation in weekly demand = 100 units
A normal distribution table is appended to this exam.
-Use the information in Scenario 9.7.What is the length of their order cycle if they order the economic order quantity each time?

• A)less than or equal to 4 days
• B)greater than 4 days but less than or equal to 5 days
• C)greater than 5 days but less than or equal to 6 days
• D)greater than 6 days

Understand the implications of race and bias in policing, especially in the context of use of force.

Comprehend the complexities surrounding police confrontations and decision-making under duress.

Understand the historical significance and contributions of key racial and ethnic leaders in American history.

Recognize the role and impact of immigrant organizations in aiding the adaptation of newcomers to American society.

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Definitions:

Earnings Differentials

The variations in pay that result from differences in occupation, education, experience, gender, or other factors among workers.

Locational Characteristics

Refers to the attributes, features or factors of a place that affect its appeal to individuals, businesses, or investors.

Corrected Earnings

Adjusted financial figures that account for errors, unusual occurrences, or non-recurring events to provide a clearer picture of a company's performance.

Employment Discrimination

Unfair treatment of employees or job applicants based on race, gender, age, religion, nationality, physical disabilities, or sexual orientation, rather than on their qualifications or performance.