Questions
1
Which of the following is not a trend in job design?
Answer:9 to 5 scheduling
2
Work measurement techniques include all of the following except:
Answer:On the job training
4
The appropriate level of safety stock is typically determined by
Answer:Choosing the level of safety stock that assures a given service level.
5
Inventory carried for the purpose of providing flexibility to each decision-making unit to'manage its operations independently is known as
Answer:Decoupling inventory
6
Higher number of stock points required for risk pooling results in higher savings in terms of
Answer:Cycle inventory
7
A system that triggers ordering on a uniform time basis is called a
Answer:Fixed-period system.
8
Extra units that are held in inventory to reduce stockouts are called
Answer:Safety stock.
9
ABC analysis divides an organization's on-hand inventory into three classes based upon
Answer:Annual dollar volume.
10
In the probabilistic model, increasing the service level will
Answer:Increase the cost of the inventory policy.
