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Question 7 please. Thank you.. A, B 1 7 1 7 17 13 Considering the new informatio

ID: 348265 • Letter: Q

Question

Question 7 please.

Thank you..

A, B 1 7 1 7 17 13 Considering the new information about activity E and activity F, what is the expected project duration? (A) 18 days (B) 19 days (C)20 ays (D) 21 days(E) 22 days letion target (total time, in days) has 97.5% chance of realization (z -196y? 61 G 62 C 63 64 G 4. Continuing question #3, what project compl Answer 5. Which of these statements about cycle inventory is most accurate? A) Changing the lead time for an item has no direct effect on cycle inventory 3) Cycle inventory should be larger when demand is uncertairn (Q) Cycle inventory should be smaller when demand is uncertain. inventory should be higher D) Shorter average time between orders means average cycle (E) If there is no pipeline inventory, then 6. You use the EOQ m (A) Don't do anything, because t (C) Decrea (D) I cycle inventory must be at its maximum level odel for inventory management. If setup cost for orders decreases, what should you do, and why? use the setup cost has no direct effect on inventory holding cost. se the order size, because the lower cost per order means you can order more frequently. ncrease the order size, because the lower cost per order means you can order more frequently ncrease the order size, because the lower cost per order means you can accept more holding cost. rease the order size, because the lower cost per order means you can accept more holding cost m sells boxes and uses a system, to manage the inventory. The policy specifies Q = 58 boxes, R = 90 boxes. At an order, which will be delivered tomorrOW 7. A fir one moment yesterday they had 32 boxes in the warehouse and they placed that moment 48 boxes were sent to customers from the warehouse. How many boxes are in the warehouse now? Answer Page 1 of 2

Explanation / Answer

Order quantity, Q = 58 boxes

Re-order point, R = 90 boxes

When the quantity of boxes in the warehouse reaches 90, an order of 58 boxes is placed.

Lead time is 1 day. So, if the order is placed yesterday, it will be replenished today.

Order is placed when there are 32 boxes in the warehouse. Till that time 48 boxes were sent to the customer from the warehouse.

Hence, number of boxes in the warehouse now = 32 + 58 - 48 = 42 boxes

Number of boxes in warehouse at the time of ordering + order quantity (Q) - boxes sent to the customer from warehouse = Remaining boxes in the warehouse

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