Which of the following is something NOT advised when devising appropriate discounting schemes for a supply chain

Question 24 options:

	Use quantity discounts in lot-sizing decisions when they lead to overall supply chain profits increasing.
	Use lot-sized discounts discounts if the decrease in material costs and ordering costs offset the increased holding costs.
	Use quantity discounts when suppliers have high storage / holding costs.
	Use volume-based discounts over lot-sized discounts.

Match the term with the defintion

Question 23 options:

1234	Carried to satisfy demand that exceeds the amount forecasted
1234	The fraction of orders that are completely filled
1234	The fraction of demand for a product that is filled from inventory
1234	The fraction of replenishment cycles in which no stockouts occur.

1.	Safety Inventory
2.	Product Fill Rate
3.	Fill Rate
4.	Cycle Service level