Stack #4163668
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
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| show | Negative Exponential
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| The common measures of a queuing system's performance include: | show 🗑
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| show | Renege
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| show | Multiple-server, Unlimited queue length
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| show | A single-phase system
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| Which of the following is a measure of queue performance? | show 🗑
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| Which of the following represents serving automobiles on an interstate? | show 🗑
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| show | copy machines in a copying shop that break down.
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| show | Cost of waiting time increases, and cost of providing service decreases.
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| Which of the following represents a customer who reneged due to the waiting line? | show 🗑
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| show | Raw Materials, satisfied customers
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| show | capacity, speed, and flexibility
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| show | outsourcing
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| Which of the following strategies is part collaboration, part purchasing from few suppliers, and part vertical intergration? | show 🗑
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| show | Some products or services may be better or less expensive if obtained externally
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| show | offer lower prices in the short term
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| What is the developing the ability to produce goods or services previously purchased or actually buying a supplier or a distributor | show 🗑
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| A disadvantage of the "few suppliers" sourcing strategy is | show 🗑
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| show | Keiretsu
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| show | cross-sourcing
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| show | perpetual inventory
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| ABC analysis divides on-hand inventory into three classes, generally based upon which of the following? | show 🗑
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| Which of the following statements about the EOQ model is FALSE? | show 🗑
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| Most inventory models attempt to minimize: | show 🗑
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| show | TRUE
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| show | FALSE
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| Which of the following is NOT one of the four main types of inventory? | show 🗑
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| show | 1.) If the annual demand were to double, the number of orders per year would increase 2.) If annual demand were to double, the EOQ would increase 3.) If the carrying cost were to increase. the EOQ would fall. 4.) If the ordering C 2x. rise - all above
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| A product whose EOQ is 40 units experiences an increase in ordering cost from $10 per order to $90 per order. The revised EOQ is: | show 🗑
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| show | 1.) A shorter lead time implies a smaller reorder point 2.)There is a reorder point even if lead time and demand lead time are constant. 3.) The reorder point is larger than dxl is safety is present 4.) The reordep that T- all above
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| An inventory decision rule states: "When the inventory level goes down to 14 gearboxes, 100 gearboxes will be ordered." which of the following is TRUE? | show 🗑
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| Which of the following inventory items warrants the use of a single-period inventory model? | show 🗑
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| show | Shortage cost/(Overage cost + Shortage cost).
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Created by:
rlamb01