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  11) In ABC inventory analysis, items that account for only

Question :   11) In ABC inventory analysis, items that account for only : 2066002

 

11) In ABC inventory analysis, items that account for only up to 10% of the revenue but for a majority of the inventory items are classified as

A) A items.

B) B items.

C) C items.

D) none of the above.

12) In ABC inventory analysis, items that account for sixty percent of the revenue but account for only few inventory items are classified as

A) A items.

B) B items.

C) C items.

D) none of the above.

13) In ABC inventory analysis, the typical percentage for the total dollar volume of C items is

A) 10%.

B) 50%.

C) 75%.

D) 100%.

14) A supermarket orders inventory every Friday afternoon. What type of inventory systems is the supermarket using?

A) Continuous review

B) Periodic review

C) Continuous replenishment

D) ABC

15) In a continuous review inventory system, if daily usage is 20 units and lead-time is 5 days, the reorder point will be when on-hand inventory is

A) 100 units.

B) 4 units.

C) 5 units.

D) 25 units.

 

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