2023 who-can-answer-these-in-5-minutes

who-can-answer-these-in-5-minutes

QUESTION 9

An increase in the inventory holding costs would ________________ the economic order quantities.

not affect

increase

decrease

would cancel

10 points

QUESTION 10

Assume that your company follows a continues review system and you are told to use this ‘exact system’ and convert it into a periodic review inventory management system. Which one of the following would you have to determine for the new system?

		Safety inventory, quantity to order (EOQ), and the reorder point for the new system
		safety inventory, time between the orders, and the target for the new system
		All of the above must be determined before you start a new system
		None of the above.

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		not affect
		increase
		decrease
		would cancel