Question 71
Given the data below, calculate the reorder point (ROP)
Average daily demand = 30 units/day
Lead time = 4 days Safety stock = 20
Average daily demand = 30 units/day
Lead time = 4 days Safety stock = 20
Question 72
An organization concentrating its efforts on meeting the internal performance standards related to availability, operational performance, and reliability has focused on which of the following aspects of the customer relationship?
Question 73
In an effort to increase their customer service levels and reduce order cycle time, a company is considering adding two additional warehouses to their overall operations.
As a result, which of the following statements best reflects the cost impact of the additional warehouses?
As a result, which of the following statements best reflects the cost impact of the additional warehouses?
Question 74
A logistics service provider has an average on-time delivery of 30%, and average correct documentation of
30%. Which of the following values represents the probability that the next delivery would be on-time, damage free, and with correct documentation?
30%. Which of the following values represents the probability that the next delivery would be on-time, damage free, and with correct documentation?
Question 75
A trucking company purchased a tractor-trailer for $150,000 to support its short-haul business. The tractor- trailer will be in service for 5 years before it will be sold at $55,000.
With annual fuel costs estimated at $12,000, what is the annual depreciation for the vehicle?
With annual fuel costs estimated at $12,000, what is the annual depreciation for the vehicle?
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