If the average daily demand rate is 50 units per day and the lead time is 3 days, then the reorder point is ______.
a. 50 / 3 (i.e., about 17 units)
b. 50 * 3 (i.e., 150 units)
c. 50 ^ 3 (i.e., 125,000 units)
d. 50 units
a. 50 / 3 (i.e., about 17 units)
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A. Crowdsourcing B. Debugging C. Consumer profiling D. Load balancing
A physical inventory count is an example of a
a. preventive control b. detective control c. corrective control d. Feed-forward control
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Indicate whether the statement is true or false
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A. improved strategy execution and a potential for competitive advantage. B. lower costs for employee training. C. an increased ability to reduce total operating costs. D. the added ease with which strategic fit and resource fit benefits can be captured. E. the enhanced ability to avoid the perils of outsourcing.