WGU C215 CH12 Pre/Post Practice Exam
Q&A 100% Solved | Graded A+
raw materials inventory - What are purchased items or extracted
materials that will be transformed into components or products called?
anticipation inventory - Which inventory function specifically is designed
to allow the compan...
achieve cost-efficient operations by using which of the following inventory
approaches?
continuous operations - ✔✔If inventory records fail to accurately reflect the
quantity of materials available, all except which of the following may occur?
poor customer service, lower productivity, poor material planning,
excessive expediting - ✔✔Name four effects if inventory records fail to
accurately reflect the quantity of materials available
Periodic counting generally counts every item in stock, whereas annually
cycle counting generally does not daily. - ✔✔Which of the following
statements is true?
JIT inventory - ✔✔Which of the following is not one of the six ways to use
inventory?
anticipation inventory/seasonal inventory
fluctuation inventory/ safety stock
transportation/pipeline inventory
lot-size Inventory / cycle Stock
speculative/hedge inventory
MRO inventory - ✔✔What are the six ways of using inventory?
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