What is the direct reflection of planned and actual lead time?

A company use MRP for an electronic product family. Which of the following ordering techniques is MOST likely to already incorporate the rounding factor for a part where inventory is in units and purchase orders are in cartons of 100?

A company has a cost of goods sold of $500,000 and net sales of $800,000 in one year. Beginning inventory was valued at $50,000 and ending inventory at $60,000. What was the inventory turnover for the year?

MRP has identified 20 C-item purchase orders that should be de-expedited by 2 weeks. Each order averages a 2-month supply. Which of the following actions is most appropriate for the planner to take?

A synchronous pull system controls the velocity of flow through processes by using takt time. This results is

Which production environment most leads to lean principles, yet would not be applicable for the use of Kanban?

In a min-max inventory system, inventory equal to the order point plus a variable order quantity is the

Maintaining physical control of point-of-use is accomplished by

The target inventory level of a periodic review system is

A company is experiencing a change in demand from steady to sporadic. It currently uses EOQ to determine purchase quantities for a key component. Which of the following models should it use in the future?

Storage consideration related to inventory accuracy are most likely to include