L4M7 V2

Bulk loose coal that requires massive handling system should be stored in which area?A . Chill hubB . StockyardC . Heating warehouseD . 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 correctly describes the triple bottom line?A . Professional, Planet, ProfitB . People, Planet, ProjectC . People, Product, ProfitD . People, Planet, ProfitView AnswerAnswer: D Explanation: The triple bottom line is a sustainability framework that examines a company’s social, environment, and economic impact (or People, Planet, Profit)....

XYZ Ltd is a major distributor of electrical equipment protection products in the United States. XYZ found that there was a lack of communication between the company and its key supplier, leading to the supplier trying to predict distributor needs and distributor attempting to estimate lead times. Essentially, both the...

To test the product durabilityA . 1 and 2 onlyB . 3 and 4 onlyC . 2 and 3 onlyD . 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 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 valuesB . A process by which the reorder of an item is triggered by the inventory level dropping to a predetermined...

The amount of inventory available at the start of an accounting period is known as...?A . Buffer stockB . Work-in-progressC . Opening stockD . 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...

To test the product durabilityA . 1 and 2 onlyB . 3 and 4 onlyC . 2 and 3 onlyD . 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 of the following are main objectives of warehouse operations? Select TWO that apply.A . To ensure stock available when customers demandB . To create sufficient space for redundant stockC . To minimise stock loss and deteriorationD . To generate check digits for a product codeE . To maintain the...

Which of the following is the minimum aisle width for using standard counterbalanced forklifts?A . 4.9 ft - 5.2 ftB . 5.6 ft - 5.9 ftC . 6.9 ft - 7.2 ftD . 10.5 ft - 13.1 ftView AnswerAnswer: D Explanation: Minimum open aisle width for standard counterbalance forklift is...

An organisation always obtains negative cash flow regarding removal and disposal of assets. Is this statement true?A . No, the organisation may recover the value of the assets by reselling itB . Yes, the organisation incurs high maintenance cost during the disposal processesC . Yes, some assets require enormous decommissioning...