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1CSCP
Why would a planner convert a planned order into a firm planned order?
ATo protect the planned order from automatic changes to its quantity and timing.
BTo convert the planned order immediately into a scheduled receipt.
CTo calculate the projected inventory balance without changing the plan
DTo modify the quantity and delivery date of a customer order.
2CSCP
A company has annual demand D = 1200 units, ordering cost S = 50 per order and holding cost H = 6 per unit per year. Using \(EOQ = \sqrt{\frac{2DS}{H}}\), what is the EOQ (in units)?
A100
B141
C200
D245
3CSCP
When production output cannot be measured using a common physical unit, which measure can be used to represent workload and output?
AMachine operating speed.
BNumber of assemblies produced.
CStandard time.
DNumber of acceptable-quality parts produced.
4CSCP
Daily demand d = 20 units, lead time L = 5 days and safety stock SS = 30 units. What is the reorder point if \(ROP = d \times L + SS\)?
A100
B130
C150
D170
5CSCP
\[ \text{Inventory Turnover} = \frac{COGS}{\text{Average Inventory}} \] If COGS = 600000 and average inventory = 100000, what is the inventory turnover?
