Characteristic of plastic packaging

Assignment Help Operation Management

Reference no: EM132262023

1. The monopolist will always produce ___________ the most allocative efficient amount if government does not get involved and thus create a ____________.

more than; DWL from underproduction.

more than; DWL from overproduction.

less than; DWL from underproduction.

less than; DWL from overproduction.

2. Which of the following is not a characteristic of plastic packaging?

It takes a long time to biodegrade.

There is a lack of versatility.

Plastic packaging is cheaper than paper packaging.

Plastic litter can kill marine animals.

3. The key provisions of the Patient Protection and Affordable Care Act have resulted in all of the following except:

A. Expanding regulation of the private health insurance market.

B. Expanding Medicaid eligibility and creating health exchanges.

C. Using Medicare revenues to fund coverage expansion for non-Medicare recipients.

D. Reducing new federal taxes.

E. Inserting government-favored insurance options into the private health insurance market.

4. Which of the following statements about the use of an organization's code of ethics is not true?

a. An organization's code of ethics applies to its executives, managers, and hourly employees, but not its board of directors, who are often senior executives in other companies.

b. Breaches in the code of ethics must be identified and dealt with appropriately.

c. An effective code of ethics helps ensure that employees abide by the law, follow necessary regulations, and behave in an ethical manner.

d. The code of ethics must continually be applied to a company's decision-making processes and emphasized as an important part of its culture.

5. The pharmacy at the Longest Student Health Center at MSU distributes roughly 900 pills of erythromycin antibiotics each day to student patients. Lead time is 8 workdays and there is a standard deviation of 150 pills during lead time demand. The pharmacy desires a service level of 95%. If demand suddenly became uncertain and now could be considered an average instead of an absolute and had a standard deviation of 500 pills, calculate the new appropriate reorder point amount. (Round down to the nearest pill).

7700 pills

6,809 pills

883,147 pills

9519 pills

Reference no: EM132262023

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