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For questions 26-75, choose the most appropriate choice 26. In the A-B-C classification system, items represent 50%-60% of all items but only 10%-15% of the total value? A. A items B. B items C. C items D. A items plus B items E. B items plus C items 27. If no variations in demand during the items lead time exist and no safety stock is needed, then the ROP will equal to: A. the EOC B. expected demand during lead time C. amount of safety stock D. the service level E. the EOQ plus safety stock
28. which of the following is not one of the assumptions of the basic EOQ model? A. Annual demand requirements are known and constant. B. Lead time does not vary C. Each order is received in a single delivery D. Quantity discounts are available. E. All of the above are necessary assumptions. 29. In the basic EOQ model, an annual demand of 40 units, a $1/unit per year will result in an EOQ of n ordering cost of $5, and a holding cost of A. 20 8. square root of 200 C. 200 D. 400 E. none of these 30. If average demand for an inventory item is 200 units per day, lead time is three days, and safety stock is 100 units, the reorder point is: A. 100 units B. 200 units C. 300 units D. 600 units E. 700 units The following should be used for questions 31-34 Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 10 pounds of pepperoni each day in preparin
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Answer #1

Question no : 26

The answer is C items (Option C)

Question no : 27

The answer is EOQ ( Option A)

Question no : 28

The answer is " Quantity discounts are available ( Option D)

Question no : 29

The answer is "20" ( Option A)

Question no : 30

The answer is "700" ( Option E)

        

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