Refers to the stock or store of goods waiting to be sold or used for manufacture.
MAR214 - FINALS - March14

Quiz
•
Business
•
University
•
Medium
Ann General
Used 3+ times
FREE Resource
35 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Inventory
Procurement
Forecasting
Operations
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is not a strategy for Inventory Management?
Value Analysis
Variation Reduction
Lean Operation
Supply Chain Management
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The process of keeping track of accurate and up-to-date information in order to make better inventory decisions.
Value Analysis
Variation Reduction
Record Keeping
Supply Chain Management
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following can yield significant improvement in inventory management?
Value Analysis
Variation Reduction
Record Keeping
Supply Chain Management
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When goods are pulled through the system to match demand
Value Analysis
Lean Operation
Record Keeping
Supply Chain Management
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Working more closely with suppliers to coordinate shipments to reduce the size and frequency of stockouts while lowering inventory carrying costs.
Value Analysis
Lean Operation
Record Keeping
Supply Chain Management
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Refers to the overseeing and designing of production, manufacturing, and distribution of products and services.
Operations Management
Inventory Management
Materials Management
Forecasting
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