Which inventory system is the preferred inventory system since orders are not built until the customer places an order? O Bullwhip effect O Push system O Vendor managed inventory Pull system

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Which inventory system is the preferred inventory system since orders are not built until the customer places an order?
O Bullwhip effect
O Push system
O Vendor managed inventory
Pull system
Transcribed Image Text:Which inventory system is the preferred inventory system since orders are not built until the customer places an order? O Bullwhip effect O Push system O Vendor managed inventory Pull system
Stacy has been assigned to calculate the work-in-process (WIP) using Little's law for her biling department. The actual production time per invoice is 0.20 invoices per hour,
which equates to a throughput of five (5) invoices per hour. The average cycle time for each invoice processed is nine (9) minutes. What is the WIP?
O 075
O Cannot be determine from the information given
O 180
O 45
Transcribed Image Text:Stacy has been assigned to calculate the work-in-process (WIP) using Little's law for her biling department. The actual production time per invoice is 0.20 invoices per hour, which equates to a throughput of five (5) invoices per hour. The average cycle time for each invoice processed is nine (9) minutes. What is the WIP? O 075 O Cannot be determine from the information given O 180 O 45
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