Who can answer these in 5 minutes?

QUESTION 9

1. An increase in the inventory holding costs would ________________ the economic order quantities.

   		not affect
   		increase
   		decrease
   		would cancel

10 points

QUESTION 10

1. Assume that your company follows a continues review system and you are told to use this ‘exact system’ and convert it into a periodic review inventory management system. Which one of the following would you have to determine for the new system?

   		Safety inventory, quantity to order (EOQ), and the reorder point for the new system
   		safety inventory, time between the orders, and the target for the new system
   		All of the above must be determined before you start a new system
   		None of the above.

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