4. From the EOQ, Q is 100, and annual demand is 500. What is the length of the order cycle?

·        4. From the EOQ, Q is 100, and annual demand is 500. What is the length of the order cycle?

·        select

·        47 days

·        365 days

·        100 days

·        121 days

·        73 days

·        5. Daily usage is 5, and lead time to replenish is 12 days. What is the ROP?

·        select

·        0

·        5

·        60

·        12

·        2

·        6. A manager wants no more than 5% risk of stockout. What value of z is appropriate?

·        .92

·        -1.68

·        1.65

·        1.88

·        2.28