Multiple Choice
Scenario 9.10
Demand = 52,000 units/year
Standard deviation of weekly demand = 110 units
Ordering costs = $45/order
Holding costs = $0.50/unit/year
Cycle-service level = 90%
Lead time = 2 weeks
Number of weeks per year = 52 weeks
A normal distribution table is appended to this exam.
-Use the information in Scenario 9.10.If the firm changed to a continuous review system,what would be the reorder point?
A) 0 units
B) greater than 0 but less than or equal to 1,000 units
C) greater than 1,000 but less than or equal to 2,000 units
D) greater than 2,000 units
Correct Answer:
Verified
Correct Answer:
Verified
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