ACCT 434 Course Great Wisdom / tutorialrank.com ACCT 434 Course Great Wisdom / tutorialrank.com | Page 20

(TCO 12) Which of the following statements about theeconomicorder-quantity decision model is FALSE?
9. Question :
(TCO 12) When using a vendor-managed inventory system to
enhance thefeatures of supply-chain management, a challenging issue
is
10. Question :
(TCO 12) Liberty Celebrations, Inc., manufactures a line of flags. The
annual demand for its flag display is estimated to be 100,000 units.
The annual cost of carrying one unit in inventory is $1.60, and the
cost to initiate a production run is $40. There are no flag displays on
hand butLiberty had scheduled 60 equal production runs of the
display sets for the coming year, the first of which is to be run
immediately. Liberty Celebrations has 250 business days per year.
Assume that sales occur uniformly throughout the year and that
production is instantaneous.
If Liberty Celebrations does not maintain a safety stock, the estimated
total carrying cost for the flag displays for the coming year is
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