Logistics Management Midterm

Logistics Management Midterm

University

108 Qs

quiz-placeholder

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Logistics Management Midterm

Logistics Management Midterm

Assessment

Quiz

Other

University

Practice Problem

Easy

Created by

Bokuto San

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108 questions

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1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

literally defined as a stock of goods which a business manages to produce products or perform services.

2.

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1 min • 1 pt

This is represented by an item whose demand is linked directly to the demand or production level of another item.

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

This refers to the inventory requirement for finished goods or a product available for customers’ consumption or use

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

These are made up of the resources a business uses to produce its own goods. This category also includes goods used in the manufacturing process, such as components used to assemble a finished product.

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

These are materials and parts that have been partially transformed from raw materials but are not yet finished goods and can include partially assembled items that are waiting to be completed.

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

These are products that are ready to be shipped directly to customers, including wholesalers and retailers.

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

These are items a business needs to operate, such as office equipment, packing boxes, and tools and parts to repair equipment.

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