• In the basic EOQ model, if annual demand doubles, the effect on the EOQ is:
• The manager of the Quick Stop Corner Convenience Store (which never closes) sells four cases of Stein beer each day. Order costs are \$8.00 per order, and Stein beer costs \$.80 per six-pack (each case of Stein beer contains four six-packs). Orders arrive three days from the time they are placed. Daily holding costs are equal to 5 percent of the cost of the beer. If he were to order 16 cases of Stein beer at a time, what would be the average inventory level?
• Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for pepperoni are \$10.00 per order, and carrying costs are 4 cents per pound per day. Lead time for each order is three days, and the pepperoni itself costs \$3.00 per pound. If she were to order 80 pounds of pepperoni at a time, what would be the length of an order cycle?
• Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for pepperoni are \$10.00 per order, and carrying costs are 4 cents per pound per day. Lead time for each order is three days, and the pepperoni itself costs \$3.00 per pound. If she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?
• Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for pepperoni are \$10.00 per order, and carrying costs are 4 cents per pound per day. Lead time for each order is three days, and the pepperoni itself costs \$3.00 per pound. If she were to order 80 pounds of pepperoni at a time, what would be the average total daily costs, including the cost of the pepperoni?
• In the Toyota Production System, waste and inefficiency are referred to as __________, and the ongoing effort to reduce this is referred to as __________.
• Which of the following contributes to the competitive advantage enjoyed by service firms using lean concepts?
• A system of lights used at each workstation to signal problems or slowdowns is:
• A potential obstacle to conversion to a lean system is:
• Which of the following would you not expect to see in a lean environment?
• _________ has/have helped firms to concentrate on their core business.
• Which of the following is not an application of E-business?
• Which of the following is an advantage of E-business? (I) reduction of  transaction costs
(II) shortened supply chain response time
(III) greater customer loyalty
• A factor that makes it desirable for business organizations to actively manage their supply chains is:
• It is especially the case for small businesses that closer interactions and increased agility make __________ relatively more attractive.
• Scheduled due dates are the result of:
• A work center can be a:(I) machine.
(II) group of machines.
(III) department.
IV) a part used to produce a product.
• There are four resources and four jobs to be done. Assume there must be one-to-one matching between jobs and resources. The time required for each resource to do each job is as follows:
• Scheduling pertains to:
• Which of the following is critical to effective yield management?
• Annual ordering cost is inversely related to order size.
• The service function of purchasing interfaces with many areas, including legal, accounting, and engineering functions.
• Starting with the final customer and moving backward through the supply chain, batch sizes and the level of safety stock tend to decrease.
• Priority rules are used in low-volume systems to identify an optimal processing sequence.
• Sequencing is concerned with the order in which jobs are done, while loading is concerned with assigning jobs to work centers or workstations.