Reference no: EM132238277

- What are the two main challenges of the P-system? (select two) Check All That Apply Unhappy customersUnhappy customers Length of review periodLength of review period Figuring out when to orderFiguring out when to order ComputersComputers Amount of inventory to have

- What is the great benefit of the P-system? Multiple Choice A name that is easy to remember Customer satisfaction is guaranteed Simplicity in managing the system Complicated mathematical requirements

- An offered discount makes no change to determining optimal order quantity. True or False

- Which of the following statements is true when comparing the total cost curve for a product without discounting and the total cost curve with discounting? Multiple Choice The discounted curve is always below the undiscounted curve The undiscounted curve is always below the discounted curve The discounted curve is always below the undiscounted curve but does not really exist for values less than the minimum order amount to receive the discount. The undiscounted curve is always below the discounted - If I calculate the EOQ with the new, discounted material cost and the resulting quantity is enough to get the discount, what should I do? Multiple Choice Order the discounted EOQ amount Order the regular EOQ amount Average the discounted and undiscounted EOQ amounts and order that Compare total costs of the two EOQ amounts

- In the end, the point of using the EOQ formula is to: Multiple Choice Properly enter the values we have calculated Identify the number that is best under any condition Point us toward the possible lowest cost option Keep people who create math models employed.