Using the fixed-order quantity model, which of the following is the total ordering cost of inventory given an annual demand of 36,000 units, a cost per order of $80, and a holding cost per unit per year of $4?

You have just used the network planning model and found the critical path length is 60 days and there are two critical paths. The standard deviation of the first critical path is 10 days and the standard deviation of the second critical path is 15 days. The probability that the project will be completed in 70 days or less is equal to _________(2 decimal accuracy) based on the formula below:

Which of the following statements about the “Time-Cost CPM Model” is FALSE? 

Based on the information and formula provided below, compute the inventory turnover (1.5 points) and weeks of supply (1.5 points). Show computation details to receive credit.

In ABC Printing, Queen’s black is a popular input with an annual demand of 50,000 gallons. Ordering cost of $50 per order, and the holding cost is $5 per unit per year; the economic order quantity is 1000. Hence during the year, they used 1000 as the order quantity. An audit of the costs revealed that the true ordering cost was only $25 and the true holding cost was $10 per gallon per year. The correct order quantity would have been 500. How much did ABC lose due to incorrect cost information during the year?

In a project analysis using three time estimates with more than one critical path existing, how does the project manager decide which variances to use in arriving at the probability of meeting the project due date?

Match a description with a term. A term can be used more than once or not used at all. 

You have the following time and cost information below for use in a Time-Cost CPM Scheduling model. What are the three costs per unit of time to expedite each activity? Activity Normal Time Crash Time Normal Cost Crash Cost A 3 2 $ 400 $ 600 B 5 3 $ 600 $ 1200 C 4 1 $ 300 $ 1500

The total cost of ownership (TCO) can be categorized into three areas: acquisition costs, ownership costs, and post-ownership costs.

If it takes a supplier 25 days to deliver an order once it has been placed and the standard deviation of daily demand is 20, which of the following is the standard deviation of usage during lead time?