If customer demand is 100 a day and production available is 8 hours, what is the takt time?

The material requirements planning logic will plan a receipt for an item with safety stock and a fixed order quantity when the projected available balance is less than

Inventory in excess of consumption that has not been used for a defined period is identified as

The carrying cost rate used in the economic order quantity (EOQ)is

Using a 365 day/year, if the cost of goods sold is $100,000 and the average inventory is $55,000 then the average age of the inventory is

The distribution center servicing a corner store chain initiated isolating food groups by storage temperature. This action represents competing with

Conducting business via electronic transfer of data and documents is considered

A component stockout has occurred, and production has substituted a higher-priced alternate. What is the effect on cost variance?

A common measure of a capacity planning process in a lean environment is

In-transit time is accounted for in distribution requirements planning by

A company has made a decision to locate a new distribution center in an area that is currently only served by the manufacturing warehouse, in order to improve customer service levels with faster deliveries and fewer item stockout. Which of the following results should they expect?