A) lot-for-lot
B) EOQ
C) part-period balancing
D) the Wagner-Whitin algorithm
E) All of the above are appropriate for the situation.
G) A) and B)
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A) future demand should be known for several weeks
B) setup cost should be relatively small
C) annual volume should be rather low
D) item unit cost should be relatively small
E) the independent demand rate should be very stable
G) B) and C)
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ERP is very expensive to purchase, and e...View Answer
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A) lower than 90%
B) 90%
C) 95%
D) 97%
E) 99%
G) A) and B)
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A) quality increases
B) better response times to customer orders
C) faster response to market changes
D) improved utilization of facilities
E) reduced inventory levels
G) A) and C)
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A) a schedule that shows total demand for an item, and when it must be ordered from a supplier or when production must be started
B) an intermediate range plan for the scheduling of families of products
C) a chart illustrating whether capacity has been exceeded
D) a table that corrects scheduled quantities for inventory on hand
E) a schedule showing which products are to be manufactured and in what quantities
G) None of the above
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A) it originates from the external customer
B) there is a deep bill of material
C) the finished products are mostly services (rather than goods)
D) there is a clearly identifiable parent
E) the item has several children
G) A) and B)
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ERP provides integration of the supply c...View Answer
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