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20. A researcher is given three options for leasing time on a supercomputer: 1/ Unlimited computer time for $6,000 per month; 2/ Pay $2,000 per month plus $40/hour of use; 3/ Pay $80/hour. The researcher has developed this probability distribution concerning his monthly use of computer time: 3 #hours of use penth 50 100 JO 150 200 Which option should be selected, wie (Construct a payoff table reflecting the possible con the EV criterios) 3. Option1 b. Option 2 30 20 the expected the cris i s Option 3 d. It does not matter option is chos 21. When the Eo formula is used, which couts are minimize A Order costs and carrying costs Order, carrying and stockout b. Order costs and stockout costs d. Carrying costs and stockout What assumption is made in developing and applying the EOsodel B. Demand is variable c. Demand is now and constant b. Demand is always maximized d Demand is not relevant 43The Queens Box Company experiences a constant demand of 48.000 boxes per year to open its bases The unit cost is.30. (cents), Placing an order costs $20 and annual carrying costs are t he on e operates 250 days per year and maintains a safety stock of 576 boxes. The lead time for onder of bones is business days. The EOO (rounded to the Dearest whole number is a. 576 units C. 3098 units b. 490 units d. 980 units 24. Refer to the preceding question. The total order and carrying costs associated with the 100 levels a. $980 c. $1960 b. $490 d. None of these 25. Refer to question 23. The reorder point, R, is: a. 1,344 units c. 576 units b. 768 units d. Cannot be determined from this information 20. A researcher is given three options for leasing time on a supercomputer: 1/ Unlimited computer time for $6,000 per month; 2/ Pay $2,000 per month plus $40/hour of use; 3/ Pay $80/hour. The researcher has developed this probability distribution concerning his monthly use of computer time: 3 #hours of use penth 50 100 JO 150 200 Which option should be selected, wie (Construct a payoff table reflecting the possible con the EV criterios) 3. Option1 b. Option 2 30 20 the expected the cris i s Option 3 d. It does not matter option is chos 21. When the Eo formula is used, which couts are minimize A Order costs and carrying costs Order, carrying and stockout b. Order costs and stockout costs d. Carrying costs and stockout What assumption is made in developing and applying the EOsodel B. Demand is variable c. Demand is now and constant b. Demand is always maximized d Demand is not relevant 43The Queens Box Company experiences a constant demand of 48.000 boxes per year to open its bases The unit cost is.30. (cents), Placing an order costs $20 and annual carrying costs are t he on e operates 250 days per year and maintains a safety stock of 576 boxes. The lead time for onder of bones is business days. The EOO (rounded to the Dearest whole number is a. 576 units C. 3098 units b. 490 units d. 980 units 24. Refer to the preceding question. The total order and carrying costs associated with the 100 levels a. $980 c. $1960 b. $490 d. None of these 25. Refer to question 23. The reorder point, R, is: a. 1,344 units c. 576 units b. 768 units d. Cannot be determined from this information
