1) In which case is one of the basic EOQ assumptions violated?

a) The supplier always delivers orders 6 days after they are sent

b) Arriving inventory can be sold immediately after arrival or receipt

c) The supplier is offering quantity discounts for orders greater than a 100 units

d) The weekly demand is constant or fixed at 12 unites per week

2) In the case of a stock out, a backorder is described by which situation?

a) The customer order is fulfilled from the backroom inventory

b) The customer drives to another stock and buys it there

c) The customer returns to buy the item later when new stock arrives

d) The customer orders the item from Amazon

3) Which of the following is not a MRP data requirement?

a) Customer service levels

b) Bill of materials

c) Current inventory level

d) Procurement and production lead times

4) Which statement about MRP is incorrect?

a) The primary output of an MRP system is the order tableau

b) The tableau columns represent time buckets (typically a week)

c) In a regenerated MRP all previous PORs are preserved

d) Scheduled receipts are incoming items ordered prior to this MRP session

5) An outdoor furniture manufacturer faces high demand in Spring/Summer but weak demand in Fall/Winter. There is a high cost of changing production capacity. What is the right promotion strategy?

a) Sales promotions during Spring/Summer

b) Sales promotions during Fall/Winter

c)Promote retailer forward buying in Spring/Summer

d) None of the above

6) Which one of the following is not a supplier buyback contract feature?

a)Manufacturer offers holding-cost subsidies

b)The retailer has the option to return unsold inventory

c)The manufacturer pays the retailer for online shipping costs

d)The manufacturer offers price support by lowering the wholesale price