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A linear safety inventory policy sets the safety inventory of a product equal to the demand for the product multiplied by a constant, (T/F) (1).

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A linear safety inventory policy sets the safety inventory of a product equal to the demand for the product multiplied by a constant, (T/F) (1). A lower inventory turnover ratio is desirable, (T/F) _(2). A mandated service level of 98 % of the product delivered out of inventory will create higher levels of safety inventory than a mandated service level of the probability of no stock out more than or equal to 98 %, (T/F) (3). A supply chain configuration that minimizes the cost of constructing and operating that configuration will also minimize the cost caused by changes in the demand for the final products. (T/F) _(4). An advantage of continuous review inventory policies is that they can take advantage of joint transportation economies. (T/P) _(5). At this time, there exist a well develop scientific methodology to design flexible and robust supply chain systems. (T/F) (6). Consider the case of models for the location of distribution centers. The expense to estimate the cost data and other parameters is larger in discrete models than in continuous models, (T/F)_ _(7). The results of continuous models are more realistic than the results generated by equivalent network-based models. (8). Determining the inventory levels for a product throughout its entire supply chain with many echelons is typically done with EOQ formulas, (T/F). (9) DRP is an extension of MRP to allow integrated supply scheduling throughout the entire logistics channel. (T/F)_ _(10). For an inventory system with a stochastic lead time, the safety inventory in a system with a larger coefficient of variation of the lead time will be less than or equal to than the safety inventory in a system with a smaller coefficient of variation of the lead time, (T/F) (1 1)

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