Which of the following is not an assumption of the basic fixed-order-quantity inventory model?
A. Inventory holding cost is based on average inventory.
B. Lead time is constant.
C. Returns to scale of holding inventory are diminishing.
D. Ordering or setup costs are constant.
E. Demand for the product is uniform throughout the period.
Answer: C
You might also like to view...
______________________________ expect convenient and timely access to information about their order from order initiation, through product delivery, and until after the bill had been paid
Fill in the blank(s) with correct word
A goal is ______ if each participant to the conflict possesses some of it.
Fill in the blank(s) with the appropriate word(s).
Which SAP modules would a manufacturing company use to create a delivery order for a sales transaction?
A. Sales and Distribution. B. Logistics Execution. C. Materials Management. D. Production Planning and Control.
August's gross monthly income is $4,600. If according to the rule of 36 he can afford a maximum PITI of $1,125, what must his monthly consumer credit debt be?
Hector a Maria have been married for almost one year now and are thinking about buying a house. Maria is an executive for a large, multi-national corporation with offices around the world. She has been told by her company that she will be transferred to a new location every three years. Hector is a car salesman and he is willing to move to wherever Maria gets transferred. Together they make $8,000 in gross monthly income and pay 40% in taxes and withholdings every month. Between them they have monthly payment of $400 in student loans and $700 in car loans, and their credit cards payments average $450 per month. They currently lease a luxury condo for $1,400 per month. They travel to Cancun every Christmas. Since they both work a lot of hours, they eat out at restaurants for most meals. They currently have nothing in savings but Hector's grandparents have said they will give them a 20% down payment for the new home. A) $531 B) $163 C) $417 D) $383