Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Which of the following is not a lever for reducing cycle inventories?

09/11/2020 Client: papadok01 Deadline: 3 days

Operations Management Quiz #8

Question 1 (1 point)

Question 1 Unsaved

The primary lever to reduce anticipation inventory is to place orders closer to the time when they must be received.

Question 1 options:

True

False

Save

Question 2 (1 point)

Question 2 Unsaved

Items sold to a firm's customers are called:

Question 2 options:

quarantined materials

work-in-process

raw materials

finished goods

Save

Question 3 (1 point)

Question 3 Unsaved

Repeatability is an undesirable feature of some orders because they must be repeated until the order is filled correctly.

Question 3 options:

True

False

Save

Question 4 (1 point)

Question 4 Unsaved

A backorder occurs when a customer order cannot be filled when it is placed, but is instead filled later.

Question 4 options:

True

False

Save

Question 5 (1 point)

Question 5 Unsaved

One of the secondary levers for reducing pipeline inventory is to:

Question 5 options:

offer seasonal pricing plans.

increase capacity cushions.

accept only large orders.

select more responsive suppliers.

Save

Question 6 (1 point)

Question 6 Unsaved

Inventory management is the planning and controlling of inventories in order to meet the competitive priorities of the organization.

Question 6 options:

True

False

Save

Question 7 (1 point)

Question 7 Unsaved

As the annual demand increases, the EOQ also increases.

Question 7 options:

True

False

Save

Question 8 (1 point)

Question 8 Unsaved

One component of the ordering cost of inventory is shrinkage.

Question 8 options:

True

False

Save

Question 9 (1 point)

Question 9 Unsaved

Which of the following is NOT a lever for reducing cycle inventories?

Question 9 options:

place purchased item orders at fixed intervals

reduce lot sizes for items moving in the supply chain

streamline methods for placing orders and making machine set ups

increase repeatability to eliminate the need for changeovers

Save

Question 10 (1 point)

Question 10 Unsaved

Considering the EOQ model, smaller lots are justified when holding costs are decreased.

Question 10 options:

True

False

Save

Question 11 (1 point)

Question 11 Unsaved

One component of the holding cost of inventory is interest.

Question 11 options:

True

False

Save

Question 12 (1 point)

Question 12 Unsaved

A stockout occurs when an item that is typically stocked is not available to satisfy a demand the moment it occurs.

Question 12 options:

True

False

Save

Question 13 (1 point)

Question 13 Unsaved

A quantity discount is attractive because there is a drop in the price per unit when the order is sufficiently large.

Question 13 options:

True

False

Save

Question 14 (1 point)

Question 14 Unsaved

Reducing setup costs will increase the pressure to keep larger inventories.

Question 14 options:

True

False

Save

Question 15 (1 point)

Question 15 Unsaved

EOQ should be used if you use a make-to-order strategy and the customer specifies the entire order be delivered in one shipment.

Question 15 options:

True

False

Save

Question 16 (2 points)

Question 16 Unsaved

Scenario 9.2 The Burdell Company is a small manufacturing company that uses gear assemblies to produce four different models of mountain bikes. One of these gear assemblies, the "Smooth Shifter", is used for the two most expensive of Burdell's four models, and has an estimated annual demand of 300 units. Burdell estimates the cost to place an order is $40, and the holding cost for each assembly is $60 per year. The company operates 250 days per year. Use the information in Scenario 9.2. What are the annual inventory holding costs if Burdell orders using the EOQ quantity?

Question 16 options:

less than or equal to $300

greater than $300 but less than or equal to $500

greater than $500 but less than or equal to $700

greater than $700

Save

Question 17 (2 points)

Question 17 Unsaved

Scenario 9.1 The Talbot Company uses electrical assemblies to produce an array of small appliances. One of its high cost / high volume assemblies, the XO-01, has an estimated annual demand of 8,000 units. Talbot estimates the cost to place an order is $50, and the holding cost for each assembly is $20 per year. The company operates 250 days per year. Use the information in Scenario 9.1. What are the annual inventory holding costs if Talbot orders using the EOQ quantity?

Question 17 options:

less than or equal to $1,500

greater than $1,500 but less than or equal to $4,000

greater than $4,000 but less than or equal to $6,500

greater than $6,500

Save

Question 18 (2 points)

Question 18 Unsaved

Scenario 9.1 The Talbot Company uses electrical assemblies to produce an array of small appliances. One of its high cost / high volume assemblies, the XO-01, has an estimated annual demand of 8,000 units. Talbot estimates the cost to place an order is $50, and the holding cost for each assembly is $20 per year. The company operates 250 days per year. Use the information in Scenario 9.1. What is the economic order quantity for the XO-01?

Question 18 options:

less than or equal to 100 units

greater than 100 units but less than or equal to 180 units

greater than 180 units but less than or equal to 250 units

greater than 250 units

Save

Question 19 (2 points)

Question 19 Unsaved

Use the following to answer the questions below. Shipments of Product A from a distribution center to a retailer are made in lots of 350. The retailer's average demand for A is 75 units per week. Lead time from distributor to retailer is 3 weeks. The retailer pays for the shipments when they leave the distributor. The distributor has agreed to reduce the lead time to 2 weeks if the retailer will purchase quantities of 400 per shipment instead of 350. Refer to the instruction above. With the change in purchased quantities, the average cycle inventory will:

Question 19 options:

decrease by 75 units.

increase by 50 units.

decrease by 25 units.

increase by 25 units.

Save

Question 20 (2 points)

Question 20 Unsaved

Scenario 9.2 The Burdell Company is a small manufacturing company that uses gear assemblies to produce four different models of mountain bikes. One of these gear assemblies, the "Smooth Shifter", is used for the two most expensive of Burdell's four models, and has an estimated annual demand of 300 units. Burdell estimates the cost to place an order is $40, and the holding cost for each assembly is $60 per year. The company operates 250 days per year. Use the information in Scenario 9.2. The purchasing manager decides that, in order to save purchasing time, orders for the Smooth Shifter will be placed once a month, or twelve times per year. How much does this approach cost Burdell in additional annual holding and ordering costs (instead of Burdell ordering using the EOQ quantity)?

Question 20 options:

more than $500

more than $200 but less than or equal to $500

more than $50 but less than or equal to $200

less than or equal to $50

Save

2

3

4

5

6

7

8

9

10

1

11

12

13

14

15

16

17

18

19

20

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Quality Homework Helper
Buy Coursework Help
Writer Writer Name Offer Chat
Quality Homework Helper

ONLINE

Quality Homework Helper

Hi dear, I am ready to do your homework in a reasonable price.

$62 Chat With Writer
Buy Coursework Help

ONLINE

Buy Coursework Help

Hi dear, I am ready to do your homework in a reasonable price.

$62 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

I need help in creating a thorough powerpoint w/ presenter's notes - Difference between cash receipts and cash disbursements - Elder abuse neglect or negligence presentation - 6 core economic principles - Quantitative Research - Every photograph is a self portrait - Part 2: BRD - Templates cakemail - Project management for engineering business and technology 5th edition pdf - Insurance Accounting -1 - Northrop grumman st augustine - Research paper with atleast 500 words - Unit 6 test a spanish - Workers performing similar work are paid more in some industries than others. Explain why this is so. - 800 words-Book Summary - Niebuhr textbook - Specialised welding products haydock - Liz addison two years are better than four - Book Repor - 4 year old shoe size australia - N300 wifi gigabit router nf12 review - Starbucks case study strategic management - Anarchy william dalrymple pdf - Critical path analysis tutor2u - Wall squat test normative data - Property essay - Holderness coast geology map - Remiro freight services bv - Abnormal psychology 17th edition study guide - Acdsee powerpack 7 license code - Y 3x 2 2 - Social media friend or foe by kara woodridge - Discussion week1 - Camphor in water experiment - Lift traffic analysis software - Cad / Cam Assignment - Human figure from ain ghazal - Island of sodor real - 3 2 3x 9x 4 - Four steps in managing external stakeholder relationships - Tutor2u economics unit 3 - Flow model of distribution to services - Pseg meter reader test - Discussion Board International Business - Round white pill n 25 scored in quarters - Accountable care organizations vs managed care - Rasmussen college algebra - Questions - How to prepare 0.1 m potassium hydrogen phthalate - Current cost accounting pdf - This is a song for all the lonely people - Conformity and conflict james spradley - Cbus abn and usi - Kaplan elearn - The 'beijing consensus' was deemed an alternative to _________ by joshua cooper ramo. - Backward Design Unit Plan - Were the freedom riders successful in australia - Can someone help me in my exam 30 questions 70 mins - Flowol 4 lesson plans - Nancy poole london ontario - The bright lights of sarajevo by tony harrison - Gcu learn - Lorma colleges nursing uniform - Valencia atlas help desk - Case Study - Dream chocolate company choosing a costing system answers - Cann river free camping - Grand chase rufus 4th job - Military arsenal systems case study - Competency Final Paper - World Civilization before 1650. Gibby - Nursing - Discussion 3 - Week 7 Assignment Consumer Behavior - French Revolution have on terrorism - Higher grounds coffee shop boone nc - Essay - Case study treatment plan example - Milton friedman vs archie carroll - Psychotherapy with individual - 5 - Felkin anh model example - Circuit board fabricators case study answers - Society basics w out mysociologylab - Who is julia in my sister's keeper - Week 6 - Chubb employment practices liability - Research paper - What is the ba and ka - Az lyrics katy perry firework - Which of the following is first generation of computer - Used jack haggis saddle for sale - Ethical and Legal aspect Of Nursing week 2 DQ 3 student replay Yanet Garrido - Twitter sees 2 more top executives depart report jane messe - Separation of mixtures experiment - Is a multivitamin a mixture or pure substance - Job aid hrm 326 - Quantitative Analysis Project - Co active coaching certification - Ops 571 week 4 - Ms public service commission