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SCM 303 Swink Chapter 7 Questions and Correct Answers the Latest Update $12.49   Add to cart

Exam (elaborations)

SCM 303 Swink Chapter 7 Questions and Correct Answers the Latest Update

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  • Course
  • SCM 303
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  • SCM 303

T or F: Ordering cost only consists of the shipping cost from supplier to customer. False Ordering cost is which type of cost? Variable Overhead Fixed Which of the following would be considered part of Ordering Cost? (choose all that apply) -Minimum shipping charge -Postage to mail t...

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  • November 7, 2024
  • 14
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • SCM 303
  • SCM 303
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SCM 303 Swink Chapter 7 Questions and
Correct Answers the Latest Update
T or F: Ordering cost only consists of the shipping cost from supplier to

customer.


✓ False



Ordering cost is which type of cost?

Variable

Overhead

Fixed






Which of the following would be considered part of Ordering Cost? (choose all

that apply)




-Minimum shipping charge




-Postage to mail the order to a supplier (who still lives in the early 20th century)




-Renting a truck to haul the order (and only this order, no other business is used

for this truck's one time rental)
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-Cost of the office building housing your employees.


✓ -Minimum shipping charge

✓ -Renting a truck to haul the order (and only this order, no other business is used for
this truck's one time rental)



T or F: The standard deviation of demand during lead time is the same whether

or not lead time is variable.


✓ False



Finding average demand during lead time involves doing which of the following?




Summing the square root of average demand per day and summing




Integrating average daily demand from zero to four




Summing the daily average demand per day




Squaring average demand per day and summing


✓ Summing the daily average demand per day



Since standard deviations don't sum, we have to sum which thing instead?
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