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To test the product durability
To test the product durabilityA . 1 and 2 only B. 3 and 4 only C. 2 and 3 only D. 1 and 4 onlyView AnswerAnswer: C Explanation: It would be really convenient if we could just hand our products directly to the customers, but that’s not possible. Packaging needs...
Which type of codes can a barcode laser scanner (linear scanner) read?
Which type of codes can a barcode laser scanner (linear scanner) read?A . Numerical code B. QR code C. Aztec code D. 1D barcodeView AnswerAnswer: D Explanation: One-dimensional (or 1D) barcodes systematically represent data by varying the widths and spacings of parallel lines. These include some of the most traditional...
There are no duplicate product codes
There are no duplicate product codesA . 2 and 4 only B. 3 and 4 only C. 1 and 3 only D. 1 and 2 onlyView AnswerAnswer: C Explanation: The product code is often the key to obtaining documentation relating to products. Product codes are often use to link to...
The following are examples of scheduled maintenance except...
The following are examples of scheduled maintenance except...A . Oil changes and regular servicing B. Overhauling of machine C. Repair signage damage from a recent storm D. Cleaning of tankView AnswerAnswer: C Explanation: Scheduled maintenance is any repair and upkeep work performed within a set timeframe. It details when given...
Which of the following best defines ‘exponential moving average’?
Which of the following best defines ‘exponential moving average’?A . A forecasting technique where the average is calculated by dividing the sum of the val-ues by the number of values B. A process by which the reorder of an item is triggered by the inventory level dropping to a predetermined...
Among different types of costs associated with inventory, the opportunity cost of the investment tied up in inventory belongs to which of the following?
Among different types of costs associated with inventory, the opportunity cost of the investment tied up in inventory belongs to which of the following?A . Acquisition costs B. Purchase price C. Holding costs D. Costs of stockoutsView AnswerAnswer: C Explanation: Direct and indirect costs of holding inventory include the following:...
Bulk loose coal that requires massive handling system should be stored in which area?
Bulk loose coal that requires massive handling system should be stored in which area?A . Chill hub B. Stockyard C. Heating warehouse D. StoreView AnswerAnswer: B Explanation: Materials that will not easily deteriorate, are generally stored in open or fairly covered areas (stockyard). The materials are usually in bulk, like...
Which of the following is the correct statement about total ordering cost?
Which of the following is the correct statement about total ordering cost?A . Rise as the average stock level rises B. Equal the number of orders placed times the cost of placing an order C. Rise as the order quantity rises D. Fall with the per period usage rateView AnswerAnswer:...
Do all types of warehouses require access to daylight to reduce the cost of electricity?
Do all types of warehouses require access to daylight to reduce the cost of electricity?A . No, because only ventilation can help to reduce the humidity in the warehouse B. No, because some types of stock are sensitive to sunlight C. Yes, because sunlight sterilises inventories in damp conditions D....
The amount of inventory available at the start of an accounting period is known as...?
The amount of inventory available at the start of an accounting period is known as...?A . Buffer stock B. Work-in-progress C. Opening stock D. Closing stockView AnswerAnswer: C Explanation: Opening stock is the starting amount of inventory that a business has at a fixed moment in time. This could be...
