Suppose the newsvendor model is used to manage inventory. Which of the followingcan happen when the order quantity is increased by one unit? a. Expected sales increases by more than one unit.b. Expected leftover inventory increases by more than one unit.c. Expected sales decrease by less than one unit.d. Expected leftover inventory increases by less than one unit.

17   Which of the following is not an assumption of the basic fixed-order-quantity inventory model? Select one: a. Lead time is constant. b. Returns to scale of holding inventory are diminishing. c. Demand for the product is uniform throughout the period. d. Ordering or setup costs are constant. e. Inventory holding cost is based on average inventory.

10   The bullwhip effect: Select one: a. occurs as orders are relayed from retailers to distributors to wholesalers to manufacturers. b. occurs because of distortions in information in the supply chain. c. increases the costs associated with inventory in the supply chain. d. results in increasing fluctuations at each step of the sequence. e. All of the above are true.

31 The bullwhip effect: Select one: a. occurs as orders are relayed from retailers to distributors to wholesalers to manufacturers. b. occurs because of distortions in information in the supply chain. c. increases the costs associated with inventory in the supply chain. d. results in increasing fluctuations at each step of the sequence. e. All of these are true.

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At Dot Com, a large retailer of popular books, demand is constant at 17,000 books per year. The cost of placing an order to replenish stock is $8, and the annual cost of holding is $3.00 per book. Stock is received 12 working days after an order has been placed. No backordering is allowed. Assume 250 working days a year. books. (Enter your response rounded to the nearest whole number.) orders. (Enter your response rounded to the nearest a. Dot Com's optimal order quantity is 301 b. The optimal number of orders per year is whole number.)