Suppose an item stays in an inventory system for an average of 8 days, and the demand rate for this item is 15 units per day. Determine the average inventory level for this item.
a. 100
b. 80
c. 120
d. 150
c. 120
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Answer the following statement(s) true (T) or false (F)
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Which approach to capacity management makes use of spare plant capacity that exists in the form of hours when the plant is not operational?
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When a franchise agreement contains a notice-and-cure provision, a franchisee's breach of the duty of honesty and fidelity is not enough to allow the franchisor to terminate the franchise
Indicate whether the statement is true or false