What is the average inventory for this product

Assignment Help Operation Management
Reference no: EM131806420

1. The order quantity (cycle stock) for a product is 1550 units. The firm also carries safety stock of 50 units. What is the average inventory for this product?

a. 425 units

b. 450 units

c. 825 units

d. 800 units

e. 850 units

2. CSF is an acronym for Critical Success Factor. It means:

A. A. The business element(s) that have the most effect on the financial viability of a business.

B. The amount of money the firm needs to get started.

C. A. The key relationships you need to have in order to get your business funded.

D. A. None of the above.

3. A five-year free-cash flow forecast is the best method for determining a new venture's financial viability.

True

False

Reference no: EM131806420

Questions Cloud

What sorts of assumptions or biases might audiences : What sorts of assumptions or biases might audiences who are not the target audiences draw from these stories?
Explain at least three challenges and opportunities : Identify and explain at least three challenges and opportunities that might face an international executive over the next five years.
What is the sales price per widget : The widget market is $150,000. 200 different corporate customers together buy 10,000 widgets. What is the sales price per widget.
Computation method to continuous compounding : A bank proudly announces that it has changed its interest computation method to continuous compounding.
What is the average inventory for this product : The order quantity (cycle stock) for a product is 1550 units. The firm also carries safety stock of 50 units. What is the average inventory for this product?
Explain what the phrase unity through diversity means : Then, explain what the phrase unity through diversity means and how the metaphor of a tossed salad illustrates this concept.
Input conveyor of a coal-processing plant : If an electromagnet is installed on the input conveyor of a coal-processing plant, it will pick up scrap metal in the coal. Removing this scrap will save.
Determine that the manager invest in the rfid system : A grocery distribution center is considering whether to invest in RFID or bar code technology to track its inventory within the warehouse and truck loading.
Identify the global societal problem : Identify the global societal problem within the introductory paragraph and conclude with a thesis statement that states your proposed solution.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd