What does inventory management primarily focus on?

Quiz on Inventory, Logistics, and Finance Management

Quiz
•
Education
•
12th Grade
•
Medium
Hy Fernz
Used 5+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Maximizing production speed
Efficient stock control
Minimizing employee turnover
Increasing marketing efforts
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which system allows for continuous tracking of inventory levels?
Periodic System
Dynamic System
Static System
Perpetual System
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of logistics management?
To increase employee satisfaction
To reduce marketing costs
To optimize the flow of goods and services
To enhance product design
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a KPI for inventory management?
Delivery Accuracy
Carrying Cost of Inventory
Return on Investment
Net Profit Margin
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does cash flow management ensure?
Maximizing sales revenue
Sufficient liquidity for short-term obligations
Minimizing production costs
Increasing inventory levels
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a component of finance management?
Accounting
Transportation
Forecasting
Budgeting
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the term 'reverse logistics' refer to?
The distribution of goods to retailers
The storage of goods in warehouses
The movement of goods to suppliers
The return of goods from customers
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