7. If demand is deterministic (no uncertainty in demand) in an economic order quantity (EOQ) model, then: A. Safety stock is equal to the re-order point B. Re-order point is equal to zero C. Lead time is equal to zero D. None of the above
9. If we use a simple exponential smoothing method with a=0.3, F11=100 and F12=120, what is your forecast for next year? A. 120 B. 126 C. 128 D. None of the above
7. If demand is deterministic (no uncertainty in demand) in an economic order quantity (EOQ) model, then: A. Safety stoc
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7. If demand is deterministic (no uncertainty in demand) in an economic order quantity (EOQ) model, then: A. Safety stoc
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