Please choose the correct choice for each question

Ruestion 10 Which of the following cannot be a possible reason for obselete inventory? A. Change in demand due to market forces B. High levels of inventory stocked to cover long lead times of overseas shipments O C. High levels of inventory purchased to get quantity discounts D. High leveles of raw materials to fulfil the order from a customer uestion 11 In Which of the following type of inventory control techniques. When the first bin is exhausted the materials are taken from A. Open Access bin B. Re-order level C. Two bin system D. Exhaust Bin aestion 5 Spare parts required regularly for the replacement from time to time after a specified period can be dassified as A. Maintenance spares B. Insurance spares C. Repairable spares D. Rotable spares Question 8 level refers to a zero or empty situation. There are various levels of stock. A. Exhaust Bin B. Danger warning C. Reorder D. Maximum stock uestion 4 A company is following A-B-C Analysis for inventory classification. Applying 80-20 rule. Which of the following types would have high percentage of dollar value? A. Type A items O 3. Type B items C. Type C items D. Type Ditems Question 15 Shortening the lead times trough proper planning will prevent organizations from carrying large amounts of obsolete stock Trung False estion 1 Which is the most widely used classification for spare parts inventory A. A-B-C classification B. H-M-L Classification C. F-S-N Classification D. V-E-D classification Question 8 level refers to a zero or empty situation. There are various levels of stock. A. Exhaust Bin B. Danger warning C. Reorder D. Maximum stock tion 16 level, the management must take immediate action to place a rearder, or else there w Once the stock reaches A. Exhaust Bin B. Danger warning C. Reorder D. Maximum stock uestion 7 Which of the following is a benefit of having a good spare parts inventory system in place? A. Increased downtime B. Reduced equipment availability C. Increased availability of working capital D. increased inventory costs uestion 4 A company is following A-B-C Analysis for inventory classification. Applying 90-20 rule. Which of the following types would have high percentage of dollar valur? A. Type A items OB. Type B items C. Type C items D. Type Ditems estion 2 A big supermarket orders 25,000 bottles of water whenever the stock falls to 2.500 bottles Which of the followers A. Fixed order quantity B. Periodic review C. Supply Demand model D. All of these stion 13 Vith respect to inventory, Which of the following organizational unit has the goal of having a high stock of finished goods to be A. Finance B. Purchasing C. Production D. Marketing tion 12 an organization following F-S-N classification for their inventory, which type has highest chance of becoming obsolete inventory? A. F items OB. N items Sitems D. None of these