Ch. 12 - Ch12 Quiz Question 1 1 points Which of the...

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Ch12 Quiz Question 1 1 points Save Which of the following is not one of the assumptions of the basic EOQ model?
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Annual deman d require ments are known and consta nt. Lead time does not vary. Each order is receive d in a single deliver y. Quantit y discou nts are availabl e. All of the above are necess ary
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Question 2 1 points Save If no variations in demand or lead time exist, the ROP will equal:
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the EOQ expect ed usage during lead time safety stock the service level the EOQ plus safety stock Question 3 1 points Save
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Which one of the following is not generally a determinant of the reorder point? rate of deman d length of lead time lead time variabili ty stocko ut risk purcha se cost Question 4 1 points Save In an A-B-C system, the typical percentage of the number of items in
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inventory for A items is about: 10 30 50 70 90 Question 5 1 points Save The management of supply chain inventories focuses on:
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internal invento ries externa l invento ries both internal and externa l invento ries safety stock elimina tion optimizi ng reorder points
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Question 6 1 points Save The purpose of "cycle counting" is to:
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count all the items in invento ry count bicycle s and motorc ycles in invento ry reduce discrep ancies betwee n invento ry records and actual reduce theft count 10% of the items each month
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Question 7 1 points Save Dairy items, fresh fruit and newspapers are items that:
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do not require safety stocks cannot be ordere d in large quantiti es are subject to deterior ation and spoilag e require that prices be lowere d every two days have minima l holding costs
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Question 8 1 points Save An operations strategy for inventory management should work towards:
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increas ing lot sizes decrea sing lot sizes increas ing safety stocks decrea sing service levels increas ing order quantiti es Question 1 points Save
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9 A risk avoider would want ______ safety stock. Less More The same Zero 50% Question 10 1 points Save In a supermarket, the every Monday morning restocking of shelves by a bread vendor is an example of:
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safety stock repleni shment econo mic order quantiti es reorder points fixed order interval blanket orderin g Ch 13 Quiz Question 1 
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 In doing"aggregate planning" for a firm producing paint, the aggregate planners would most  likely deal with: just gallons of paint, without concern for the different colors and sizes gallons of paint, but be concerned with the different colors to be produced
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This note was uploaded on 07/26/2011 for the course MANA 3363 taught by Professor Cagwin,douglass during the Summer '08 term at Texas Brownsville.

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Ch. 12 - Ch12 Quiz Question 1 1 points Which of the...

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