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If holding costs increased, would you order quantities tend to be ___? Larger Smaller The same If ordering cost increased, would your order tend to

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  1. If holding costs increased, would you order quantities tend to be ___?
    1. Larger
    2. Smaller
    3. The same
  2. If ordering cost increased, would your order tend to be ___?
    1. Larger
    2. Smaller
    3. The same
  3. In the simulation, the truck delivers products the week after you submit the order. This is essentially a zero week lead time. Assume that the lead time increased to two weeks . Would your order quantities tend to be ___?
    1. Larger
    2. Smaller
    3. The Same
  4. Assume you could get next-day delivery for a small additional fee. That is, you could order on any day and the order would be delivered the next day rather than having to wait until the end of the week to place your order. For which product would that be most helpful in lowering inventory costs?
    1. wrenches
    2. rock salt
    3. it doesn't matter
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