Class tests
24 important questions on Class tests
“Entry of goods” is one of the basic operations in a warehouse:
Select one:
a. True
b. Only if we speak about services
c. False
Is stocking material free?
Select one:
a. Yes
b. No
c. Only the products, not the services
“C” products in a ABC analysis:
Select one:
a. Has the lowest consumption value
B. Has medium consumption value
c. Has the highest consumption value
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We must have a safety stock:
Select one:
a. Depends on the service level we want to have.
b. Always
c. Never
An objective of inventory management is:
Select one:
a. Not have flexibility in the localization of products
b. To maximize the stock management cost
c. To minimize the needed space to storage
How many units will we recieve in the 7th week? Use the following data:
Batch quantity = 35 units
Order point = 30 units
Lead Time = 2 weeks
Demand is controlled. Your customer wants 20 units every week
Initial inventory = 60 units
Select one:
a. 35
b. 45
c. 0
How many orders will we request in 10 weeks? Use the following data:
Batch quantity = 35 units
Order point = 30 units
Lead Time = 2 weeks
Demand is controlled. Your customer wants 20 units every week
Initial inventory = 60 units
Select one:
a. 5
b. 3
c. 6
How many stockouts will we have in 10 weeks? Use the following data:
Batch quantity = 35 units
Order point = 30 units
Lead Time = 2 weeks
Demand is controlled. Your customer wants 20 units every week
Initial inventory = 60 units
Select one:
a.
3
b.
2
c.
0
How many units will we have in 3th week? Use the following data::
Batch quantity = 35 units
Order point = 30 units
Lead Time = 2 weeks
Demand is controlled. Your customer wants 20 units every week
Initial inventory = 60 units
Select one:
a.
0
b.
10
c.
20
HOW MANY UNITS WILL WE HAVE IN 8TH WEEK? USE THE FOLLOWING DATA:
Batch quantity = 35 units
Order point = 30 units
Lead Time = 2 weeks
Demand is controlled. Your customer wants 20 units every week
Initial inventory = 60 units
Select one:
a.
35
b.
15
c.
0
How many units will we have in 9th week? Use the following data:
Batch quantity = 35 units
Order point = 30 units
Lead Time = 2 weeks
Demand is controlled. Your customer wants 20 units every week
Initial inventory = 60 units
Select one:
a.
10
b.
20
c.
0
How many units will we recieve in the 6th week? Use the following data:
Batch quantity = 35 units
Order point = 30 units
Lead Time = 2 weeks
Demand is controlled. Your customer wants 20 units every week
Initial inventory = 60 units
Select one:
a.
0
b.
35
c.
45
Calculate the safety stock and the order point if we want a service level of 75%, 95%, and 99%. Use the following data:
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Lead Time = 4 weeks
Week
Real Demand
1
1000
2
863
3
1112
4
955
5
874
SS 95%=314
SS 75%=128
OP 99%=4287,2
OP 95%=4157,2
OP 75%=3971,2
The main objective of purchase area is:
Select one:
a.
To maximize the profit of the company
b.
To minimize the delivery times
c.
To minimize the delivery times and maximize the quality of the products
To maximize the profit of the company
The steps of the negotiation process are:
Select one:
a.
Planning, development and closing
b.
Select suppliers, planning negotiation, development negotiation and closing negotiation
c.
The other both answers aren't correct
Planning, development and closing
Purchase area:
Select one:
a.
Can performance its functions without help
b.
Can’t performance its functions without help
c.
The other both answer aren't correct
The other both answer aren't correct
Multiple provisioning is:
Select one:
a.
The other both answers aren't correct
b.
The most used strategy
c.
The best strategy of provisioning
The most used strategy
The best strategy of provisioning is:
Select one:
a.
It depends
b.
Local shopping
c.
Exclusive provisioning
It depends
Horizontal demand is:
Select one:
a.
Repeated in periods
b.
Constant over time
c.
Increased or decreased over time
Constant over time
What do you need to create an aggregate production plan?
Select one:
a.
Capacity of production facilities
b.
The other to answers are correct
c.
Sales forecast
The other to answers are correct
An aggregate production plan has a planning:
Select one:
a.
week by week
b.
month by month
c.
year by year
month by month
One of the main objectives of an aggregate production plan is:
Select one:
a.
Minimizing costs
b.
knowing your plant's capacity
c.
hiring employees
Minimizing costs
If we have to balance our capacity and demand, It's better to:
Select one:
a.
modify the capacity
b.
modify the demand
c.
It depends
It depends
Which is the best tactical plan strategy?
Select one:
a.
Levelling strategy
b.
Hunting strategy
c.
It depends on the cost
It depends on the cost
The question on the page originate from the summary of the following study material:
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- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
