Question: Bonus Questions (1 point per question) 1. There are two parts to the order management process. The first is is a. managing the order after
1. There are two parts to the order management process. The first is and the second is a. managing the order after it is received, influencing how the customer orders b. shipping the order, taking the order c. influencing how the customer orders, managing the order after it is received d. the Internet model, the traditional model 2. The absolute length of lead time influences inventory. a. seasonal b. safety stock c. cycle/demand stock d. everything except 3. Mean Absolute Deviation (MAD) is a good metric of forecast accuracy because it shows whether a forecast is above or below actual demand. a. true b. false 4. As the level of substitutability for a product increases, its stockout costs to the manufacturer: a. increase b. decrease c. stay the same d. cannot be determined 5. As the fill rate for a product increases, inventory increases: a. at a steady rate b. at a decreasing rate c. at an increasing rate d. eannot be determined 1. There are two parts to the order management process. The first is and the second is a. managing the order after it is received, influencing how the customer orders b. shipping the order, taking the order c. influencing how the customer orders, managing the order after it is received d. the Internet model, the traditional model 2. The absolute length of lead time influences inventory. a. seasonal b. safety stock c. cycle/demand stock d. everything except 3. Mean Absolute Deviation (MAD) is a good metric of forecast accuracy because it shows whether a forecast is above or below actual demand. a. true b. false 4. As the level of substitutability for a product increases, its stockout costs to the manufacturer: a. increase b. decrease c. stay the same d. cannot be determined 5. As the fill rate for a product increases, inventory increases: a. at a steady rate b. at a decreasing rate c. at an increasing rate d. eannot be determined
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
