BUSI 411 Exam 4/BUSI 411 Exam 4
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Question 1 
The need for safety stocks can be reduced by an operations strategy which:
increases lead time.
increases lead time variability.
increases lot sizes.
decreases ordering costs.
decreases lead time variability.
3 points 
Question 2 
The materials manager for a billiard ball maker must periodically place orders for resin, one of the raw materials used in producing billiard balls. She knows that manufacturing uses resin at a rate of 50 kilograms each day, and that it costs $.04 per day t...
- Exam (elaborations)
- • 11 pages's •
-
BUSI 411 Exam 4/BUSI 411 Exam 4•BUSI 411 Exam 4/BUSI 411 Exam 4
Preview 1 out of 11 pages
Question 1 
The need for safety stocks can be reduced by an operations strategy which:
increases lead time.
increases lead time variability.
increases lot sizes.
decreases ordering costs.
decreases lead time variability.
3 points 
Question 2 
The materials manager for a billiard ball maker must periodically place orders for resin, one of the raw materials used in producing billiard balls. She knows that manufacturing uses resin at a rate of 50 kilograms each day, and that it costs $.04 per day t...
Question 1 
The need for safety stocks can be reduced by an operations strategy which:
increases lead time.
increases lead time variability.
increases lot sizes.
decreases ordering costs.
decreases lead time variability.
3 points 
Question 2 
The materials manager for a billiard ball maker must periodically place orders for resin, one of the raw materials used in producing billiard balls. She knows that manufacturing uses resin at a rate of 50 kilograms each day, and that it costs $.04 per day t...
- Exam (elaborations)
- • 11 pages's •
-
BUSI 411 Exam 4/BUSI 411 Exam 4•BUSI 411 Exam 4/BUSI 411 Exam 4
Preview 1 out of 11 pages
Question 1 
The need for safety stocks can be reduced by an operations strategy which:
increases lead time.
increases lead time variability.
increases lot sizes.
decreases ordering costs.
decreases lead time variability.
3 points 
Question 2 
The materials manager for a billiard ball maker must periodically place orders for resin, one of the raw materials used in producing billiard balls. She knows that manufacturing uses resin at a rate of 50 kilograms each day, and that it costs $.04 per day t...