If a retailer is reviewing its inventory and notices that the order lead time for one of the products it stocks has increased, the retailer should
A. decrease its reorder point
B. increase its reorder point
C. eliminate safety stock
D. increase the amount of safety stock
E. increase the usage rate of the product
Answer: B
You might also like to view...
Gus owes a lot of money to his creditors. Recently one of the creditors turned over Gus's account to a collection agency. The agency continually calls Gus to try to recover the debt he owes. It has started calling him at work several times a day. May the collection agency do this?
What will be an ideal response?
When writing for mobile devices, what arrangement of ideas is easier for the audience?
A) Passive B) Active C) Direct D) Cause and effect E) Indirect
An operations flow document
a. tracks the cost and quantity of material through an operation. b. tracks the network of control points from receipt of a customer's order through the delivery of the finished product. c. specifies tasks to make a unit and the times allowed for each task. d. charts the shortest path by which to arrange machines for completing products.
?Commercial banks may buy and sell reserves in the federal funds market.
Answer the following statement true (T) or false (F)