Podcast
Questions and Answers
In the basic EOQ model with no shortages, which assumption does not apply?
In the basic EOQ model with no shortages, which assumption does not apply?
- There is an upper bound on the quantity ordered
- The entire reorder quantity is delivered instantaneously
- The demand rate is uniform and constant
- There is a positive cost on each unit inventoried (correct)
What will cause the optimal lot size in the classic EOQ model to increase?
What will cause the optimal lot size in the classic EOQ model to increase?
- Either option A or C
- A decrease in inventory carrying cost
- A decrease in demand
- An increase in demand (correct)
During loan repayment, what is a borrower almost always required to do?
During loan repayment, what is a borrower almost always required to do?
- Pay exactly the same amount of interest each payment
- Repay the loan over an agreed-upon amount of time
- Pay exactly the same amount of principal each payment
- Both options A and C (correct)
How is 'work in process' classified?
How is 'work in process' classified?
What does the IPC spending variance represent?
What does the IPC spending variance represent?
What does the Economic Order Quantity (EOQ) minimize?
What does the Economic Order Quantity (EOQ) minimize?
Which of the following best describes a material that has been spheroidized, cold drawn, and slightly tempered?
Which of the following best describes a material that has been spheroidized, cold drawn, and slightly tempered?
What are the matrix elements of Z in order of descending data magnitude?
What are the matrix elements of Z in order of descending data magnitude?
Where do stress concentrations occur?
Where do stress concentrations occur?
After the program segment is performed, what are the values of X and Y?
After the program segment is performed, what are the values of X and Y?
What is the purpose of the program segment involving the DIMENSION and DO loops?
What is the purpose of the program segment involving the DIMENSION and DO loops?
What is the correct definition of normal strain (ε) in terms of elongation (δ) and length (L) of a specimen?
What is the correct definition of normal strain (ε) in terms of elongation (δ) and length (L) of a specimen?
What is the value of R in the MAIN program based on the given statements?
What is the value of R in the MAIN program based on the given statements?
In a stress-strain diagram, what is the correct term for the stress level at ε = 0.2% offset?
In a stress-strain diagram, what is the correct term for the stress level at ε = 0.2% offset?
Under which type of loading does fatigue occur?
Under which type of loading does fatigue occur?
Which of the following are true statements regarding user-defined functions?
Which of the following are true statements regarding user-defined functions?
When a load is removed from a material and the strain disappears, what can be deduced about the material?
When a load is removed from a material and the strain disappears, what can be deduced about the material?
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