Question 1: Product D has gross needs, on-hand inventory, and scheduled receipts as pointed in the time-phased inventory status record below. Its lead time is 3 weeks.
The value of entry A is:
A. 100
B. 200
C. 400
D. 600
E. None of above.
Question 2: Product D has gross needs, on-hand inventory and scheduled receipts as pointed in the time-phased inventory status record below. Its lead time is 3 weeks.
The value of entry B is:
A. 50
B. 200
C. 250
D. 350
E. None of the above
Question 3: A specific brand of soap has a lead time of three weeks to reorder, a weekly standard deviation of 10 units and a weekly average usage of 30 units. The reorder point for this soap, supposing a 95% service level (z = 1.65), is (around):
A. 46.50
B. 81.96
C. 106.50
D. 118.58
E. None of the above
Question 4: The Cowboy Saddle Company manufactures plastic saddles which are used in the assembly procedure of their Mr. Ed doll. If the run time for generating a batch of saddles is 4 days, the rate of production is uniform at 600 saddles per day, and the uniform usage rate is 150 saddles per day, determine the maximum inventory quantity? (Round to the closest integer value)
A. 600 saddles
B. 1800 saddles
C. 2400 saddles
D. 3000 saddles
E. None of above