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Question
In the basic EOQ model, if D = 6000 per year, S = $100, and holding cost = $5 per unit per month, what is the economic order quantity?
A) 24
B) 100
C) 141
D) 490
E) 600
Answer
This answer is hidden. It contains 40 characters.
Related questions
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A) immediate rivals
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The probability of rejecting a good lot is known as consumer's risk.
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Because most services cannot be inventoried, there is little place for JIT to help service organizations achieve competitive advantage.
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Demand for a given item is said to be dependent if:
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Q:
Industries in which revenue management techniques are easiest to apply are those where:
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________ rely on a variety of supplier relationships to provide services on demand.
Q:
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A) higher capital cost
B) higher wage rates
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E) All of the above are limitations of job expansion.
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When a worker obtains clear and timely information about his/her performance, his/her job includes which of the following characteristics?
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Q:
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Q:
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A) estimate the trend line.
B) eliminate forecast errors.
C) measure forecast accuracy.
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Q:
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A) increased quality
B) better response to customer orders
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Q:
Demand for a given item is said to be dependent if:
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B) there is a deep bill of material.
C) the finished products are mostly services (rather than goods).
D) there is a clearly identifiable parent.
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Q:
Weight Day
Package 1
Package 2
Package 3
Package 4 Monday
23
22
23
24 Tuesday
23
21
19
21 Wednesday
20
19
20
21 Thursday
18
19
20
19 Friday
18
20
22
20 (a) If he sets an upper control limit of 21 and a lower control limit of 19 around the target value of twenty ounces, the control chart is based on what value of z?
(b) With the UCL and LCL of part a, what do you conclude about this processis it in control?
Answer:
Q:
What is the difference between natural and assignable causes of variation?
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What are the three possible results (or findings) from the use of control charts?
Q:
An assembly line has 10 stations with times of 1, 2, 3, 4, , 10, respectively. What is the bottleneck time?
A) 18.18% of the throughput time
B) 100% of the throughput time
C) 550% of the throughput time
D) 50% of the throughput time
E) 1.82% of the throughput time