Starting point for setting up information governance program

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Reference no: EM132230915

1. An obvious starting point for setting up an information governance program is for an organization to complete a needs assessment.

A. True

B. False

2. Information governance really doesn't require much change in an organization's culture or processes.

A. True

B. False

3. A solid information governance program will rely on input from a few departments rather than many, as it follows the old saw that too many cooks spoil the broth.

A. True

B. False

4. Annual demand for an item is 9,000 units with the cost per unit at $150. The holding rate is 12% and the order cost is $18.00 per order. The standard deviation of daily demand is 5 units. Assume 265 days in the year and a lead-time of 3 days. If a service level of 95% is desired during the reorder interval, what is the reorder point? (Note: Due to rounding and your exact choice of z, your answer may be a few units off the choices given.)

87 units

99 units

110 units

116 units

Reference no: EM132230915

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