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Pre-test Inventory

Quiz by apa

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5 questions
Show answers
  • Q1
    What is inventory?
    Supply for certain period
    Given time to allow for variation and uncertainty supply and demand
    Items to sell accordingly to the demand forecast
    Business investment which needs a keen eye on the entire process of inventory management.
    20s
  • Q2
    Duration of SKUs store in warehouse is the definition from?
    Excess
    Stock on Hand
    Days on Hand
    Transit stock
    20s
  • Q3
    What is cycle stock?
    Active average inventory component which covers customer demand uncertainty & supply variability
    Active average inventory component which covers demand betweek replenishmen cycle
    20s
  • Q4
    What is inventory component that is classified as unrestrictred?
    Transit stock norm
    Safety stock norm
    Blocked stock norm
    Average Norm
    20s
  • Q5
    How to calucate cycle stock based on replenishment time
    (Replenishment time + Daily demand)/2
    (Replenishment time/Daily Demand)*2
    (Replenishment time *Daily demand)/2
    (Replenishment time-Daily Demand)*2
    20s

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