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uurt purchase orders smaller and more frequent purchase orders larger Which of the following statements best defines a materials requirements planning 37) system? Al a

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uurt purchase orders smaller and more frequent purchase orders larger Which of the following statements best defines a materials requirements planning 37) system? Al a demand-pull system in which each component in a production line is produced immediately as needed by the next step in the production line B) a push-through system that manufactures finished goods for inventory on the basis demand forecasts c)a demand-pull system that manufactures finished goods for inventory on the basis of demand forecasts D) a push-through system in which each component in a production line is produced immediately as needed by the next step in the production line 38) The optimal safety stock level is the quantity of safety stock that minimizes the sum the annual relevant stockout costs and carrying costs B) ordering costs and carrying costs C) ordering costs and stockout costs D) ordering costs and purchasing costs The following information applies to Krausert Corp. which supplies microscopes to laboratories throughout the country. Krausert purchases the microscopes from a manufacturer which has a reputation for very high quality in its manufacturing operation. Annual demand (weekly demand- 1/52 of annual demand) 14,000 units 12 15 days ($2.800) Orders per year as per EOQ model Lead time in days Annual relevant carrying costs 39) What are the annual relevant ordering costs, assuming that relevant total costs are minimal? A) $2,800 B) $2,253.33 C) $2,600 D) $6,000 40) Assuming each order was made at the economic order quantity amount, what is the cost of placing an order? A) $322 per order B) $200 per order C) $231 per order D) $233 per order

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