- What are the two main challenges of the P-system? (select two)Check All That Apply Unhappy customersUnhappy customers Length ofreview periodLength of review period Figuring out when toorderFiguring out when to order ComputersComputers Amount ofinventory to have
- What is the great benefit of the P-system? Multiple Choice Aname that is easy to remember Customer satisfaction is guaranteedSimplicity in managing the system Complicated mathematicalrequirements
- An offered discount makes no change to determining optimalorder quantity. True or False
- Which of the following statements is true when comparing thetotal cost curve for a product without discounting and the totalcost curve with discounting? Multiple Choice The discounted curveis always below the undiscounted curve The undiscounted curve isalways below the discounted curve The discounted curve is alwaysbelow the undiscounted curve but does not really exist for valuesless than the minimum order amount to receive the discount. Theundiscounted curve is always below the discounted - If I calculatethe EOQ with the new, discounted material cost and the resultingquantity is enough to get the discount, what should I do? MultipleChoice Order the discounted EOQ amount Order the regular EOQ amountAverage the discounted and undiscounted EOQ amounts and order thatCompare total costs of the two EOQ amounts
- In the end, the point of using the EOQ formula is to: MultipleChoice Properly enter the values we have calculated Identify thenumber that is best under any condition Point us toward thepossible lowest cost option Keep people who create math modelsemployed