Which inventory system is the preferred inventory system since orders are not built until the customer places an order? O Bullwhip effect O Push system O Vendor managed inventory Pull system

Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Chapter16: Lean Supply Chain Management
Section: Chapter Questions
Problem 10DQ: The chapter presented various approaches for the control of inventory investment. Discuss three...
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Which inventory system is the preferred inventory system since orders are not built until the customer places an order?
O Bullwhip effect
O Push system
O Vendor managed inventory
Pull system
Transcribed Image Text:Which inventory system is the preferred inventory system since orders are not built until the customer places an order? O Bullwhip effect O Push system O Vendor managed inventory Pull system
Stacy has been assigned to calculate the work-in-process (WIP) using Little's law for her biling department. The actual production time per invoice is 0.20 invoices per hour,
which equates to a throughput of five (5) invoices per hour. The average cycle time for each invoice processed is nine (9) minutes. What is the WIP?
O 075
O Cannot be determine from the information given
O 180
O 45
Transcribed Image Text:Stacy has been assigned to calculate the work-in-process (WIP) using Little's law for her biling department. The actual production time per invoice is 0.20 invoices per hour, which equates to a throughput of five (5) invoices per hour. The average cycle time for each invoice processed is nine (9) minutes. What is the WIP? O 075 O Cannot be determine from the information given O 180 O 45
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