Which of the following statements regarding the reorder point is not true?
A) The reorder point is that quantity that triggers an action to restock an item.
B) There is a reorder point even if lead time and demand during lead time are constant.
C) The reorder point is larger than d x L if safety stock is present.
D) The fixed-period model has no reorder point.
E) The re-order point is not determinable.
Correct Answer:
Verified
Q47: An inventory decision rule states "when the
Q52: A product whose EOQ is 40 experiences
Q53: The primary purpose of the basic economic
Q53: Which of these statements about the production
Q55: A product whose EOQ is 400 experiences
Q55: If the actual order quantity is the
Q57: For a certain item, the cost-minimizing order
Q58: The assumptions of the production order quantity
Q60: Which of the following statements regarding the
Q69: In the basic EOQ model, if the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents