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Which of the following are main objectives of warehouse operations? Select TWO that apply.
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?
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?
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...
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 risesB . Equal the number of orders placed times the cost of placing an orderC . Rise as the order quantity risesD . Fall with the per period usage rateView AnswerAnswer:...
Which of the following should be considered when an organisation plans for disposing obsolescent and redundant stock? Select TWO that apply.
Which of the following should be considered when an organisation plans for disposing obsolescent and redundant stock? Select TWO that apply.A . Financial costsB . Economic order quantityC . ABC analysisD . Takt timeE . Environmental issuesView AnswerAnswer: A, E Explanation: If the planning and mitigation measures fail and redundant...
What would be the estimated total cost of ownership of this freezer if the restaurant owner buys the extended warranty package?
A restaurant needs to buy a new freezer. The owner applies total cost of ownership model to calculate the life-time cost of the freezer. This equipment has a price tag of $1,000, the supplier can offer free delivery if the restaurant pays off immediately. Estimated electricity consumption of the freezer...
Which of the following need to be considered when selecting the location of the new facility?
ANTA Logistics is looking for a place to build a new, integrated cold chain facility, “Chill Hub”, to its customers. Which of the following need to be considered when selecting the location of the new facility? Select TWO that apply.A . Availability of the buildingB . Ease of objective forecasting...
Which standard family provides the guidance on environmental policies and procedures?
Decommissioning, removal and disposal of assets may have impact on the environment. An organisation should have policies and procedures in place to enhance its environmental performance. Which standard family provides the guidance on environmental policies and procedures?A . ISO 22000 familyB . ISO 9000 familyC . ISO 14000 familyD ....
What would be the estimated total cost of ownership of this freezer if the restaurant owner buys the extended warranty package?
A restaurant needs to buy a new freezer. The owner applies total cost of ownership model to calculate the life-time cost of the freezer. This equipment has a price tag of $1,000, the supplier can offer free delivery if the restaurant pays off immediately. Estimated electricity consumption of the freezer...
Which of the following should be considered when an organisation plans for disposing obsolescent and redundant stock? Select TWO that apply.
Which of the following should be considered when an organisation plans for disposing obsolescent and redundant stock? Select TWO that apply.A . Financial costsB . Economic order quantityC . ABC analysisD . Takt timeE . Environmental issuesView AnswerAnswer: A, E Explanation: If the planning and mitigation measures fail and redundant...
