Items purchased or manufactured in quantities greater than needed immediately create
.

• A.bulk-size inventories
• B.massive-size inventories
• C.lot-size inventories
• D.lion's share inventories

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To result in optimal performance for customer service and cost, it is felt that the supply chain of activities as an extension of partnership. This implies many issues, but critical one/s include/includes:

• A.Flow of material
• B.All of these
• C.Flow of information and sharing of information, mostly through the internet
• D.Fund transfers

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Process specifications are step-by-step set of instructions describing how the product is made this information is usually recorded an:

• A.A Routing file
• B.Process sheet
• C.Both A& B are the same
• D.A route sheet

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Order quantity is 1000 units and safety stock is 300 units. What is the average inventory?

• A.890 units
• B.900 units
• C.800 units
• D.980 units

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Capacity is the quantity of work done and not the rate of doing work.

• A.True
• B.False

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