<span>False. Shortage occurs in a replenishment cycle only if the demand during the lead time exceeds the ROP. True. The fill rate increases and the cycle service level decreases as the safety inventory is increased. False. For the same safety inventory, an increase in lot size increases the fill rate but not the cycle service level.</span>
Answer:
Explanation:
If there is a warranty, that will be a shoppers protection providing it is not a recall situation. Shopper's Insurance in Canada at least, does not exist.
Unless it is a class action suit, there is no need for mediation.
Boycotts are generally not used in the situation you have described.
Explanation:
Considering the given situation, I am being a shop keeper and you are being a customer.
Most likely to do:
- Customers are king. So I don't want to tell any customer "no". So I would support him by saying "Currently the stock has moved, we expect the order to be placed today and will assure to give him tomorrow".
- So the customer will get hope and would continue to bring business. Building rapport and keeping contacts with customer is the most important.
Least likely to do:
- Just say to the customer that the stock is not available.
Answer:
She pays the inheritance tax , while the estate is responsible for the estate tax.
Explanation:
Inheritance tax is a form of tax that every beneficiary of an inherited estate must pay. Regardless of the situation and location of the inherited property , inheritance tax is calculated individually for different beneficiary.
The estate in which a particular property is located is responsible for the estate tax. This is calculated based on the value of the property and paid by the estate management for all properties within the estate before rents are remitted to the landlords.
Answer:
D. Re-order point = 26 days
Explanation:
Given,
Annual Demand, D = 2,080 units
Number of working days = 320 days
Lead time = 4 days
We know,
Re-order point = (Annual demand/Number of working days)*Lead Time
Re-order point = (Annual demand/Number of working days)*Lead Time
Re-order point = (2,080/320)*4
Re-order point = (6.5*4)
Re-order point = 26 days
Therefore, the answer choice is D.
As there is no maximum and average lead time and no replenishment stock, I exclude the safety stock from the re-order point calculation.
