1)An effect inventory management system must have ______________________________
ID: 432975 • Letter: 1
Question
1)An effect inventory management system must have _______________________________.
A system for tracking inventory
A forecast of demand
A classification system
All of the above
QUESTION 2
A function of inventory is to __________________________
know all of the needs of the supply chain
smooth production requirements
roduce the distribution requirements plan
all of the above
QUESTION 3
To calculate have many items to produce in a production run we would use _________________
EOQ
quantity discount models
EPQ
none of th above
QUESTION 4
An inventory counting system that uses two bins is _____________________
UPC
Periodic system
Perpetual system
Two bin system
QUESTION 5
EOQ ______________________________
A)minimizes holding and setup costs
B)maximizes holding and setup costs
C)minimizes holding costs only
D)Maximizes setup costs only
a.A system for tracking inventory
b.A forecast of demand
c.A classification system
d.All of the above
Explanation / Answer
Question:- 1)An effect inventory management system must have
Answer:- All of the above
Question:- To calculate have many items to produce in a production run we would use
Answer:- EPQ
Question:- An inventory counting system that uses two bins is
Answer:- Two bin system
Question:- EOQ
Answer:- minimizes holding and setup costs
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