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Question 1 Not yet answered Marked out of 1.00 Flag question Question 2 Not yet answered Marked out of 1.00 Flag question Question 3 Not yet answered Marked out of 1.00 Flag question Question 4 Not yet answered Marked out of 1.00 P Flag question Question 5 Not yet answered Marked out of 1.00 Flag question If a customer order arrives when product is not available a. the order is filled from safety inventory. b. a stockout results. c. a sale results. d. the retailer allocates product to the customer. Anual demand is 240000 , ordering cost is 200 and cost of product is 5 . Holding cost is 20% of product cost. Calculate total cost (ordering +holding). a. 7867 b. 10123 c. None of these options are true. d. 5768 e. 9798 Demand is 250 and standard deviation of demand is 150. Lead time is 2 weeks.Calculate demand during lead time. a. 300 b. 500 C. 1000 d. 1740 e. None of these options are true. The fraction of replenishment cycles that end with all the customer demand being met is the a. order fill rate. b. cycle service level (CSL). c. product fill rate. d. customer fill rate. Demand is 250 and standard deviation of demand is 150 . Lead time is 2 weeks, standard deviation of supplier lead time (SL) is 1.5 weeks and CSL is 95%. Calculate safety stock. a. 620 b. 709 c. 688 d. None of these options are true. e. 420 Question 6 Not yet answered Marked out of 1.00 P Flag question Anual demand is 240000 , ordering cost is 200 and cost of product is 5 . Holding cost is 20% of product cost. Calculate holding cost. a. 2380 b. 1748 c. None of these options are true. d. 2280 e. 4899 Question 7 Not yet answered Marked out of 1.00 F Flag question Anual demand is 240000 , ordering cost is 200 and cost of product is 5 . Holding cost is 20% of product cost. Calculate ordering cost. a. None of these options are true. b. 5678 c. 6888 d. 4200 e. 4899 Demand is 300 and standard deviation of demand is 200. Lead time is 2 weeks and CSL is 95%. Calculate the safe stock. a. None of these options are true. b. 748 C. 380 d. 845 e. 465 Cost of understocking is 12 and cost of overstocking is 9. Calculate the CSL. a. 1.234 b. 0.571 c. None of these options are true. d. 1 e. 0.671 Anual demand is 240000 , ordering cost is 200 and cost of product is 5 . Holding cost is 20% of product cost. Calculate EOQ. a. None of these options are true. b. 10123 c. 9798 d. 7867 e. 5768 The distinction between product fill rate and order fill rate is a. significant when a firm is selling multiple products. b. not significant when a firm is selling multiple products. c. not significant in a single product situation. d. significant in a single product situation. The trade-off that a supply chain manager must consider when planning safety inventory is a. decreasing product availability versus decreasing inventory holding costs. b. decreasing product availability versus decreasing the level of safety inventory. c. increasing product availability versus increasing inventory holding costs. d. increasing product availability versus raising the level of safety inventory. Demand is 300 and standard deviation of demand is 200. Lead time is 2 weeks and CSL is 95%. Calculate the ROP. a. None of these options are true. b. 1280 c. 1065 d. 1380 e. 1748 Demand is 250 and standard deviation of demand is 150. Lead time is 2 weeks, standard deviation of supplier lead time (SL) is 1.5 weeks and CSL is 95%. Calculate the standard deviation of leadtime (sigma L). a. None of these options are true. b. 431 C. 531 d. 643 e. 653 The issue of product availability and the level of safety inventory is particularly significant in industries where a. product life cycles are long and demand is stable. b. product life cycles are long and demand is very volatile. c. product life cycles are short and demand is very volatile. d. product life cycles are short and demand is stable

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