Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please answer ASAP Course. operations Research A. to calculate the reorder point, so that replenishments take place at a proper time B. to minimize the
please answer ASAP Course. operations Research
A. to calculate the reorder point, so that replenishments take place at a proper time B. to minimize the sum of carrying cost and holding cost C. to maximize the customer service level D. to calculate the optimum safety stock 5. If the daily demand is 60 and the lead time in days is 4 , what is the reorder point? A. 200 B. 220 C. 240 D. 260 6. In the basic EOQ model, if Demand =6,000 units per year, ordering cost is $100 and holding cost is $5 per unit, the economic order quantity is approximately A. 24 B. 100 C. 141 D. 490 (2517) 7. Determine the transpose of A. (1275) B. (2157) C. (1001) D. (32112) (1537).What is the inverse of A ? 8. Given the matrix A A. 1/8(7531) B. 1/8(7531) C. 1/6(7531) D. 1/6(7531) 9. Which of the following is NOT true about the basic EOQ model? A. Stock-outs are not permitted B. The rate of demand is not constant C. The rate of demand is constant D. The holding cost is known and is constant 10. Which of the following is an example of order cost? A. Rent B. Transport C. Insurance D. RefrigerationStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started