7.Which one of the following is NOT a cost Anniqueshould consider to reduce warehousing costs? aWarehouse staff bWarehouse insurance cWarehouse levies dWarehouse obsolescence 8. Which of the following are disadvantages of Anniquehaving too much inventory? i. Bigger insurance premiums ii. More warehouse staff iii. Higher unit prices iv. Higher production costs v. Depreciation losses a. i ii iii iv v b. i ii v c. iii iv v d. i ii iii v 9.Annique decided that they need a new inventory-control system, preferably computer-assisted, to maintain their inventory at a minimum level. What inventory-control system would Annique make use of? 1The cyclical-ordering system. 2The system of fixed-order quantities. 3The just-in-time system. 4The materials-requirements planning system.
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Annique is a leading consumer products company dealing in cosmetics and other personal care products. Annique aims to reduce the high inventory levels across their forward supply chain and reduce high warehousing costs within the next financial year. |
7.Which one of the following is NOT a cost Anniqueshould consider to reduce warehousing costs?
aWarehouse staff
bWarehouse insurance
cWarehouse levies
dWarehouse obsolescence
9.Annique decided that they need a new inventory-
1The cyclical-ordering system.
2The system of fixed-order quantities.
3The just-in-time system.
4The materials-requirements planning system.
10.The purchasing and supply manager at Anniqueproposed that inventory be bought at exact quantities required at a certain time. What criteria should be met first before they will be able to do so?
iThere were no supply problems in the supplier market.
iiThe
iiiThe operations function was 100% certain of the quantity of materials required to be used in the manufacturing process.
ivThe incoming materials completely satisfied quality requirements.
ai ii iii
bi iv
cii iii iv
di ii iii iv
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