The Time Between Orders Is Given by the Formula ELS/D

question 26

Multiple Choice

The time between orders is given by the formula ELS/D. What is the significance of its inverse, D/ELS?

• A) the number of orders per year
• B) the time between consuming an order
• C) the ratio of demand only to production and demand cycles
• D) the ratio of the maximum inventory to the production quantity

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Definitions:

Cartilage

A flexible, connective tissue found in various parts of the body, including the joints, ear, and nose.

Squamous Epithelium

A type of epithelial tissue consisting of flat, scale-like cells arranged in layers, found lining surfaces such as the skin.

Elastic

A material or property that allows an object to resume its normal shape spontaneously after being stretched or compressed.

Nitrates

Inorganic compounds made of one nitrogen atom and three oxygen atoms that are commonly found in fertilizers and can be naturally present in water and soil.