Question: MCQ 8 : When we order a quantity more than EOQ, which of the following statemnet is corre a . The total annual holding cost
MCQ : When we order a quantity more than EOQ, which of the following statemnet is corre
a The total annual holding cost is greater than the total annual ordering cost
b The total annual holding cost is equal to the total annual ordering cost
c The total annual holding cost is smaller than the total annual ordering cost
d We can't determine
MCQ : What is the primary advantage of using a very high Safety Stock in inventory manage
a Decrease holding costs
b Decrease stockouts
c Decrease ordering costs
d Decrease purchasing costs
MCQ : In the EOQ model, what happens to the order quantity if the standard deviation of the time increase?
a Increases
b Decreases
c Remains unchanged
d Depends on the ordering cost
MCQ : Which of the following is not accurate?
a Services cannot be stored in inventory
b In services, capacity becomes the dominant issue
c Too much capacity leads to lost customers
d Insufficient capacity leads to lost customers
MCQ : Which of the following cannot be a proper Pokayoke example?
a Boarding on the plane for flying from one city to another
b Gmail and Outlook suggesting the rest of the sentence as we type
c In many mechanical systems, parts can only fit together in the correct way
d Traffic lights blinking green before turning to red
MCQ : Which of the following is not a method for managing queues by segmenting customers? that will turn right
c In grocery stores, creating separate dedicated waiting lines for customers purchasing less than
items
d Installing digital displays that show the ticket number for the line
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