material management multiple choice questions and answers
Questions
Free download in PDF Material Management Multiple Choice Questions and Answers for competitive exams. These short objective type questions with answers are very important for Board exams as well as competitive exams. These short solved questions or quizzes are provided by Gkseries.
1
Purchasing responsibilities can be divided into Buying, Clerical and ………..division.
3
Product life cycles for many products are ________, forcing companies to not only become ________ in design but also to communicate changes and needs to suppliers and distributors.
7
________ is responsible for analyzing the marketplace and deciding the firm's response, the markets to be served, the products supplied, and desired levels of customer service.
A
To maintain the desired level of customer service by maintaining finished goods inventory levels or by scheduling to meet customer delivery requirements
B
To make the best use of material, labor, and equipment
C
To maintain inventory investment at the required levels
18
In the _____________ environment, several product options exist (e.g., automobiles) and the customer is not willing to wait until the product is made. Therefore manufacturers produce and stock standard component parts.