A redundant part or component increases reliability because it is connected in parallel, not in series.

Question 40 options:

	True
	False

Question 41 (2 points)

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In the simple EOQ model, if annual demand were to increase, the EOQ would increase proportionately.

Question 41 options:

	1) True
	2) False

Question 42 (2 points)

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A product whose EOQ is 400 experiences a 50% increase in demand. The new EOQ is

Question 42 options:

1)	unchanged
2)	increased by less than 50%
3)	increased by 50%
4)	increased by more than 50%

Question 43 (2 points)

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Cycle counting

Question 43 options:

1)	is a process by which inventory records are verified once a year
2)	provides a measure of inventory accuracy
3)	provides a measure of inventory turnover
4)	assumes that all inventory records must be verified with the same frequency

Question 44 (2 points)

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Which of the following is not one of the four main types of inventory?

Question 44 options:

1)	raw material inventory
2)	work-in-process inventory
3)	maintenance/repair/operating supply inventory
4)	safety stock inventory

Question 45 (2 points)

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Units of safety stock are additions to the reorder point that allow for variability in the rate of demand, the length of lead time, or both.

Question 45 options:

	1) True
	2) False

Question 46 (2 points)

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The demand for automobiles would be considered an independent demand.

Question 46 options:

	1) True
	2) False

Question 47 (2 points)

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All the following factors affect order processing time except

Question 47 options:

1)	Sequential processing
2)	Accurate order-filling
3)	Order batching
4)	Customer questionnaire

Question 48 (2 points)

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Email is the most used technology in placing electronic orders

Question 48 options:

	1) True
	2) False

Question 49 (2 points)

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Customer satisfaction should be measured individually to get an accurate total picture

Question 49 options:

	1) True
	2) False

Question 50 (2 points)

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The customer order states the way employees should behave to improve the overall experience for customers

Question 50 options:

	1) True
	2) False