Demand during lead time with associated probabilities is shown below:

Expected demand during lead time is ___________

The word Kanban is most appropriately associated with

An item can be purchased for Rs.$$100.$$ The ordering cost is Rs.$$200$$ and the inventory carrying cost is $$10\% $$ of the item cost per annum. If the annual demand is 4000 units, the economic order quantity (in units) is

One of the following statements about $$PRS$$ (Periodic Reordering System) is not true. Identify.