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HEDIN OPER 340 EXAM 3A QUESTIONS WITH SCORED A+ SOLUTIONS!!
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HEDIN OPER 340 EXAM 3A QUESTIONS WITH SCORED A+ SOLUTIONS!!
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HEDIN OPER 340 EXAM 3A QUESTIONS WITHSCORED A+ SOLUTIONS!!
The primary enabler for effective supply chain management is
Entry field with correct answer
inventory
forecasting
information technology
quality Answer - Information Technology
A recent supply chain management practice that places suppliers near buyers
and enables suppliers to make replenishment decisions and provide inventory
to the buyer, as needed, and requires information sharing is
Entry field with correct answer
single sourcing
continuous replenishment programs
supplier hubs
third party service providers Answer - Supplier Hubs
An example of a dependent demand item is a
,Entry field with correct answer
house
car
shipping container
paint Answer - Paint
The relationship of shortage costs to carrying costs
Entry field with correct answer
inverse
constant
linear
exponential Answer - inverse
An inventory system in which the inventory stock is replenished by a fixed
amount whenever the inventory on hand decreases to a predetermined level is
a
Entry field with correct answer
ABC system
continuous system
fixed-time-period system
periodic system Answer - continuous system
, An inventory system in which the inventory on hand is counted at set times on
a continual basis and an order is placed to return the inventory stock to a
desired level is a
Entry field with correct answer
continuous system
ABC system
perpetual system
periodic system Answer - periodic system
A method for classifying inventory according to its dollar value is a
Entry field with correct answer
continuous system
ABC system
perpetual system
periodic system Answer - ABC system
In an EOQ model the optimal order quantity occurs where
Entry field with correct answer
all of the above
the differential of the total cost curve with respect to the order size equals
zero
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