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Which type of cost is GAP targeting?
GAP Ltd is a growing retail business. It spends a lot of money on buying stock for sale. However, the procurement process is still largely manual. This manual process contains a lot of tasks that are repeated for each procurement event and time consuming. The company management team decides to...
The following are examples of scheduled maintenance except...
The following are examples of scheduled maintenance except...A . Oil changes and regular servicingB . Overhauling of machineC . Repair signage damage from a recent stormD . Cleaning of tankView AnswerAnswer: C Explanation: Scheduled maintenance is any repair and upkeep work performed within a set timeframe. It details when given...
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 codeB . QR codeC . Aztec codeD . 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...
Finished goods
Finished goodsA . 1, 3 and 4B . 1, 2 and 4C . 2, 3 and 4D . 2, 3 and 4View AnswerAnswer: A Explanation: The normal breakdown in a manufacturing organisation would be raw materials, components, work in progress and finished goods. Following are the different types of inventory:...
Which of the following best describes the relationship between a service level and safety stock?
Which of the following best describes the relationship between a service level and safety stock? A. A safety stock is not always required to achieve a required service level B. A service level decreases in proportion to a decrease in safety stock C. When safety stock is zero the service...
Which of the following refer to material used for filling the void left in the box but they have poor environmental profile?
Which of the following refer to material used for filling the void left in the box but they have poor environmental profile?A . Polystyrene chipsB . CagesC . Metal rackingD . Polypropylene strapsView AnswerAnswer: A Explanation: Void filling is the general term giving to the challenge of filling the space...
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 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 component of an RFID device is responsible for sending and receiving radio waves?
Which component of an RFID device is responsible for sending and receiving radio waves?A . Network databaseB . Laser beamC . Integrated circuitD . AntennaView AnswerAnswer: D Explanation: RFID tags are made of three different components: an RFID chip, which is an integrated circuit (IC), an antenna, and a substrate....
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...
