OPS 571 Final Exam Guide (May, 2019)
FOR MORE CLASSES VISIT www.ops571help.com In Hau Lee's uncertainty framework to classify supply chains, a supply chain for functional products with a stable supply process is called which of the following? Responsive Agile Efficient Risk hedging Forward looking If annual demand is 12,000 units, annual holding cost is $15 per unit, and setup cost per order is $25, which of the following is the EOQ lot size? 1,000 1,200 200 300 2,000 Matching the production rate to the order rate by hiring and laying off employees as the order rate varies is which of the following pure production planning strategies?
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