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Dafna1 [17]
3 years ago
11

Demand each period is normally distributed and an order-up-to model is used to decide order quantities. Which of the following i

nfluences the chosen order-up-to level (i.e., a change in which of the following would change the chosen order-up-to level)?
I. The mean of demand in one period
II . The standard deviation of demand over L+1 periods
III. The target in-stock probability
a) Only I
b) Only II
c) Only II
d) I and II
e) I and III
f) II and III
g) I, II and III
Business
1 answer:
zmey [24]3 years ago
6 0

Answer:

Correct answer is G.

I, II and III

Explanation:

Order-up-to-level (T) = d(P+L) + safety stock

d = mean demand

When Lead time is fixed,

Safety stock = function of (std deviation of demand, L, P, in-stock probability)

When Lead time also has variability,

Safety stock = function of (std deviation of demand, std. deviation of lead time, d, L, P, in-stock probability)

So, in any case, T will depend on d, std deviation of demand, and in-stock probability.

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7 0
2 years ago
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ratelena [41]

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Financial performance indicators are quite necessary as they are quantifiable metrics which are used to measure how well a company is doing. Some companies also hire an outside accounting firm to audit the financial statements.

Hence, it is necessary to compare the financial performance of a company from year to year.

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6 0
2 years ago
The one-year forward rate of the British pound is quoted at $1.60, and the spot rate of the British pound is quoted at $1.63. Is
mihalych1998 [28]

Answer:

discount; 1.8%

Explanation:

Calculation for the forward rate using this formula

forward rate=(F/S) - 1

Let plug in the formula

forward rate= ($1.60/$1.63) - 1

forward rate= -1.8 percent.

Therefore The forward DISCOUNT is 1.8 percent.

7 0
3 years ago
which of the following is true about product life cycles? group of answer choices a reminder promotion is normally used in the i
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Usually, the product life cycle is in different stages, and each of the stages is important to the success of the products in the market.

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Generally, the in the introduction stage of a product's life the early adopters are the first category of consumers that try new products before most other consumers key into it.

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8 0
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