Section A: Select the right answer. (1 point each) 1. If multiple activities are

Question

Section A: Select the right answer. (1 point each) 1. If multiple activities are delayed simultaneously by extent of the slack time, it would a. Definitely delay the project b. May delay the project-will have to be determined c. Will definitely not delay the project 2. By adding safety stock a. Inventory carrying cost is increased b. Probability of stock out is reduced c. Higher customer service level is achieved d. All of the above 3. Which of the following is NOT one of the eight key supply chain business processes? a. Product Development and Commercialization b. Customer Relationship Management c. Order Fulfillment d. Strategic Management

Explanation / Answer

Ans:

1) Option C

Will definitely not delay the project

Slack is the length of time we can delay an activity in the project.Hence delaying a activity which has slack time will not delay the project.

2) Option D

All of the above

The increase of stock by safety stock will increase the carrying cost and reduce the chances of stock out.However this will increase the customer service by on time delivery of products.

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