Using the fixed-time-period inventory model, and given an average daily demand of 200 units, 4 days between inventory reviews, 5 days for lead time, 120 units of inventory on hand, a z of 1.96, and a standard deviation of demand over the review and lead time of 3 units, which of the following is the order quantity?
A. About 2,686
B. About 1,086
C. About 1,806
D. About 1,686
E. About 2,206
Answer: D
You might also like to view...
Adya loaned $300 from Olga to buy a phone. He gave Olga the authority to sell his music system if he failed to pay her back $300. He failed to pay back the loan as promised. Under these circumstances, ________.
A. if Adya dies and the debt remains unpaid, there is termination of the agency B. a dual agency exists C. Adya can revoke Olga's power if the phone is damaged D. Adya cannot revoke Olga's power to sell the music system
Businesses within a purely competitive market have few opportunities to raise or lower their prices
Indicate whether the statement is true or false
Today's brands are more or less international brands due to the _______________________.
a. Competitors b. Internet c. Television d. Economy
Harlow Industries reported net income of $23,500 for the current year. During the year, Inventory decreased by $7600, Accounts Payable decreased by $8300, Depreciation Expense was $10,600, and Accounts Receivable increased by $7100. If the indirect method is used, what is the net cash provided by operating activities?
A. $26,300 B. $11,100 C. $57,100 D. $42,900