Object- oriented design models software.
Answer:
D
Explanation:
A statement of the basic purpose that makes the organization different from others.
Answer:
Please find the complete solution in the attached file.
Explanation:
PW = 15000×1.09^-8 = $7527.99
PW = 15000×1.09^-6 = $8944.01
Answer:
(Q, R) = (1555, 1400)
shortage imputed = $0.388
Explanation:
Lot size-reorder point system is one of the multi period models. This system is denoted by decision variables (Q, R). This multi period model is implemented when there is uncertain demand in inventory control.
nevertheless, in the simple EOQ model, demand is known and fixed. But when the demand is random, these lot size-reorder point (Q, R) systems allow random demand.
There are two decision variables in a (Q, R) system:
Order quantity, Q and
Reorder point, R
Additional steps are attached as files