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1、SupplementD?SpecialInventyModelsCopyright?2010PearsonEducationInc.PublishingasPrenticeHall555SupplementDSpecialInventyModelsTRUEFALSE1.Theeconomicproductionlotsizerepresentsthemaximumquantityofonhinventyfamanufacturer.An

2、swer:FalseReference:NoninstantaneousReplenishmentDifficulty:ModerateKeywds:ELSeconomicproductionlotsizeinventy2.Fanalysisusingtheeconomicproductionlotsize(ELS)modeltobeusefultheproducermustbeabletoproducetheitemfastertha

3、nitisconsumed.Answer:TrueReference:NoninstantaneousReplenishmentDifficulty:ModerateKeywds:ELSeconomicproductionlotsize3.WhenfacingquantitydiscountstheEOQfoundwiththelowestpricelevelisalwaysthelowesttotalcostplan.Answer:F

4、alseReference:QuantityDiscountsDifficulty:ModerateKeywds:EOQquantitydiscount4.Theoneperiodinventymodeliscommonlyknownasthenewsboyproblem.Answer:TrueReference:OnePeriodDecisionsDifficulty:ModerateKeywds:newsboyoneperiodpe

5、riodMULTIPLECHOICE5.Consideranoninstantaneousreplenishmentsituationinwhichtheproductionrateis100unitsperdaythedemrateisfourunitsperdaytheeconomicproductionlotsizeis500units.Whichofthefollowingstatementsistruea.Theaverage

6、cycleinventyisfewerthan225units.b.Theaveragecycleinventyisgreaterthan300units.c.Therateofbuildupincycleinventyduringtheproductioncycleisfewerthan100unitsperday.d.Therateofbuildupincycleinventyduringtheproductioncycleisgr

7、eaterthanequalto400unitsperday.Answer:cReference:NoninstantaneousReplenishmentDifficulty:ModerateKeywds:noninstantaneousreplenishmentbuildupSupplementD?SpecialInventyModelsCopyright?2010PearsonEducationInc.PublishingasPr

8、enticeHall55710.UsetheinfmationinScenarioD.1.IfJerrychoosestoproducethebatchsizesuggestedbytheeconomicproductionlotsize(ELS)modelwhatistheannualcosta.Lessthanequalto$900b.Greaterthan$900butlessthanequalto$950c.Greatertha

9、n$950butlessthanequalto$1000d.Greaterthan$1000Answer:bReference:NoninstantaneousReplenishmentDifficulty:ModerateKeywds:ELSnoninstantaneousreplenishmenteconomicproductiontotalcost11.Warren’sIceCreammakes4differentflavsofi

10、cecreamusingtheirsecretprocesstopsecretrecipes.Eachoftheirflavsisequallypopularexperiencesademof5000gallonsyear.Warren’sprocessiscapableofproducing100gallonsdayoncetheyincurthe$25setupcost.Theicecreamholdingcostis10%ofth

11、e$5pergallonprice.Warren’splantruns250daysayearstaysbusydoingsobutmanagementfeelstheycanaddanotherflavtotheirproductlineincreasetheirrevenue.Whichofthefollowingstatementsisappropriatefthisscenarioa.Warren’scancomftablyad

12、dafifthflavwithoutincreasingthenumberofdaystheyoperate.b.Warren’scannotaddthefifthflavbecausetheholdingcostwouldincrease.c.Warren’scanaddthefifthflavonlyifthereiszerosetuptimebetweenflavs.d.Warren’scannotaddthefifthflavb

13、ecausedemwouldexceedcapacity.Answer:cReference:NoninstantaneousReplenishmentDifficulty:DifficultKeywds:ELSnoninstantaneousreplenishmenteconomicproductiontotalcost12.Inanoninstantaneousreplenishmentmodelasthedailydemappro

14、achesthedailyproductionrate:a.thenumberofproductionrunsperyeardecreases.b.thelengthindaysofaproductionrunincreases.c.theeconomiclotsizeincreases.d.thetimebetweenproductionrunsdecreases.Answer:dReference:NoninstantaneousR

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