Hi: Please help with a few OM questions. A million thanks. Document Preview: l. The introduction of quantity discounts will cause the optimal order quantity to be: A) smaller B) unchanged C) greater...

l. The introduction of quantity discounts will cause the optimal order quantity to be: A) smaller B) unchanged C) greater D) smaller or unchanged E) unchanged or greater 2. Lead time is exactly 20 days long. Daily demand is normally distributed with a mean of 10 gallons per day and a standard deviation of 2 gallons. What is the standard deviation of demand during lead time? A) 40 B) 200 C) 2 times the square root of 20 D) 2 times the square root of 10 E) none of the above 3. Which inventory model is most appropriate if unused or unsold items cannot be carried over to subsequent periods? A) economic order quantity B) economic production quantity C) single period D) quantity discount E) reorder point 4. If average demand for an item is 20 units per day, safety stock is 50 units, and lead time is four days, the ROP will be: A) 20 B) 50 C) 70 D) 80 E) 130 5. With an A-B-C system, an item that had a high demand but a low annual dollar volume would probably be classified as: A) A B) B C) C D) none of these The materials manager for a billiard ball maker must periodically place orders for resin, one of the materials used in producing billiard balls. She knows that manufacturing uses resin at a rate of 50 kilograms each day, and that it costs $.04 per day to carry a kilogram of resin in inventory. She also knows that the order costs for resin are $100 per order, and that the lead time for delivery is four (4) days. 6. At what point should resin be reordered? A) 0 kilograms remaining B) 50 kilograms remaining C) 200 kilograms remaining D) 400 kilograms remaining B) 500 kilograms remaining 7. If order size were 1,000 kilograms of resin, what would be the length of an order cycle? A) 0.05 days B) 4 days C) 16 days D) 20 days E) 50 days 8. If the order size were 1,000 kilograms of resin, what would be the average inventory level? A) 50 kilograms B) 200 kilograms C) 500 kilograms D) 800 kilograms E) 1,000 kilograms 9. If the order size were 1,000 kilograms of...