Mathematics, 23.04.2020 16:33, angelteddy033
The computation of a firm's inventory position is found by taking the inventory on hand and adding it to the on-order inventory, and then subtracting back-ordered inventory.
A) Fixed-order quantity inventory models are "time triggered."
B) Fixed-time period inventory models generate order quantities that vary from time period to time period, depending on the usage rate.
C) Safety stock can be computed when using the fixed-order quantity inventory model by multiplying a "z" value representing the number of standard deviations to achieve a service level or probability by the standard deviation of periodic demand.
D) Safety stock is necessary in any fixed-time period system.
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The computation of a firm's inventory position is found by taking the inventory on hand and adding i...
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