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When setting safety stocks, if your service level is 99%, that means that 99% of your units demanded will be in stock when needed

In a linear program, every variable must show up in the objective function.

Linear programs must have at least two constraints.

It is possible for a linear program to have more than one optimal solution.

The way we make safety stock and reorder point decisions assumes that demand is lumpy.

When quantity discounts are available, purchase costs need to be considered when making the quantity decision.

The service level used when setting safety stock should always be at least 90%.

It is possible for a decision variable in a linear program to be equal to a negative value.

In a linear program, you can only have one objective function.

Carrying inventory allows us to buy in bulk.