Which of the following is NOT an underlying assumption of the EOQ?
A) constant unit price B) variable carrying cost
C) instantaneous delivery D) uniform demand
B
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Paula Hillison sells a line of copy machines that feature a "quick change" toner cartridge. The empty toner cartridge can be replaced quickly, without any mess, in a matter of seconds
Which of the following statements represents the most effective presentation of this feature? A) "We have recently developed the only office copy machine that features a quick change toner cartridge." B) "After years of research and development, our engineers have developed a quick change toner cartridge." C) "If you purchase one of our copy machines, you will enjoy the benefits of a quick change toner cartridge." D) "All of our copy machines are equipped with a quick change toner cartridge, which means you no longer waste time replacing an empty toner cartridge." E) "We have set a new industry standard with the quick change toner cartridge."
Four hundred and eighty minutes of production time are available per day. Scheduled production is 120 units per day. What is the required cycle time?
A) 4 minutes B) 5 minutes C) 6 minutes D) 7 minutes E) 8 minutes