Question 11 2.5 pts A retail store that carries twice as much inventory as its competitor will provide twice the customer service level. True O False Question 12 2.5 pts In project management. Which of the following statements is true about a critical path? O There is no slack in the activities along the critical path. All of the options are correct. The total time of activities on the path take the longest time. It consists of activities for which early start time equals late start time. For the following two questions, use the following information: Cyberphone, a manufacturer of cell phone accessories, ended the current year with annual sales (at cost) of $90 million. During the year, the inventory of accessories turned over four times. For the next year, Cyberphone plans to increase annual sales (at cost) by 20 percent. What is the increase in the average aggregate inventory value required if Cyberphone maintains the same inventory turnover during the next year? (provide your answer in millions e.g. enter 10.25 for 10.25 million) Question 21 2.5 pts What change in inventory turns must Cyberphone achieve if, through better supply chain management, it wants to support next year's sales with no increase in the average aggregate inventory value?
