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9. In the basic EOQ model, the demand is 1000 units, the EOQ is 500 units and the number of working days is 250. The cycle time is: А. 2 В. 4 С. 125 D. 250

9. In the basic EOQ model, the demand is 1000 units, the EOQ is 500 units and the number of working days is 250. The cycle time is: А. 2 В. 4 С. 125 D. 250

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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12. Which of the following is NOT an assumption of the EOQ model? A. Ordering cost is fixed B. Annual demand is known C. The order is received the instant it is made D. The stock is used up in a random manner 13. If the daily demand of a company is 50 and they have a lead time in days of 4, what is their 9. In the basic EOQ model, the demand is 1000 reorder point? units, the EOQ is 500 units and the number of А. 200 working days is 250. The cycle time is: В. 220 А. 2 С. 240 В. 4 D. 260 С. 125 D. 250 14. Which of the following is an example of order 10. Which of these is NOT in the setup cost cost? calculations? A. insurance A. economic ordering cost B. refrigeration B. Annual ordering cost C. rent C. annual demand D. transportation D. cost per order 15. Which of the following is NOT an assumption of the BOQ model? A. Inventory is replenished instantaneously B. Ordering cost is constant C. The stock is used up gradually D. The annual demand is known 3
Transcribed Image Text:12. Which of the following is NOT an assumption of the EOQ model? A. Ordering cost is fixed B. Annual demand is known C. The order is received the instant it is made D. The stock is used up in a random manner 13. If the daily demand of a company is 50 and they have a lead time in days of 4, what is their 9. In the basic EOQ model, the demand is 1000 reorder point? units, the EOQ is 500 units and the number of А. 200 working days is 250. The cycle time is: В. 220 А. 2 С. 240 В. 4 D. 260 С. 125 D. 250 14. Which of the following is an example of order 10. Which of these is NOT in the setup cost cost? calculations? A. insurance A. economic ordering cost B. refrigeration B. Annual ordering cost C. rent C. annual demand D. transportation D. cost per order 15. Which of the following is NOT an assumption of the BOQ model? A. Inventory is replenished instantaneously B. Ordering cost is constant C. The stock is used up gradually D. The annual demand is known 3
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