QUESTION 11In a periodic review inventory system, how many units are ordered?OA. Target inventory level- on hand balanceB. Max inventory level - min inventory levelC. Average demand during review period + average demand during lead timeD. The EOQE. Target inventory levelQUESTION 12Under a periodic review system, enough inventory must be carried to protect against stockout for theOA. bottleneck cycle time plus the replenishment lead timeB. bottleneck cycle timeOC. replenishment lead time plus the review periodD. replenishment lead timeO E. review periodQUESTION 13If demand is not uniform and constant, then stockout risks can be controlled byOA. reducing the reorder pointB. increasing the EOQC. raising the selling price to reduce demandD. spreading annual demand over more frequent, but smaller, ordersE. adding safety stock

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Answered: QUESTION 11 In a periodic review…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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QUESTION 11 In a periodic review inventory system, how many units are ordered? OA. Target inventory level- on hand balance OB. Max inventory level-min inventory level C. Average demand during review period + average demand during lead time D. The EOQ OE. Target inventory level