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Question 10.10. (TCO 9) What transportation mode has very high
initial investment costs but gives a very low cost per mile for products
that are highly specialized and require no packaging? (Points : 4)
Highway
Rail
Water
Pipeline
Air
Page 2
Question 1.1. (TCO 4) a company has recorded the last 5 days of daily
demand on their only product. Those values are 120, 125, 124, 128,
and 133. The time from when an order is placed to when it arrives at
the company from its vendor is 5 days. Assuming the basic fixed-order
quantity inventory model fits this situation and no safety stock is
needed, which of the following is the reorder point (R)?
(Points : 10)
120
126
630
950
1,200
Question 2.2. (TCO 4) If it takes a supplier 25 days to deliver an order
once it has been placed and the standard deviation of daily demand is
20, which of the following is the standard deviation of usage during
lead time?
(Points : 10)
50
100