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MGT496 Week 1 Quiz


MGT496 Week 1 Quiz


1. Question : Which of the following is NOT an example of independent demand?


Student Answer: ROP/ROL


MRP


Continuous patterns.


Forecast on all items.


None of the above


REF: Page 26
Instructor Explanation: Page 26


Points Received: 1 of 1
Comments:


Question 2. Question : Economic order quantity (E.O.Q.) is a balance of ____________ and __________.


Student Answer: cost of placing an order, cost of holding it


supply, demand


cost of capital, order costs


inventory value, inventory cost


lead times, fulfillment time


Instructor Explanation: Page 59


Points Received: 1 of 1
Comments:


Question 3. Question : Which of the following statements are true about independent or random demand?


Student Answer: It is independent of all other products.


It is consumer driven.


It uses reorder point for replenishing inventory.


All of the above


None of the above


Instructor Explanation: Page 54


Points Received: 1 of 1
Comments:


MGT496 Week 1 Quiz



http://www.fres-courses.com/product/mgt496-week-1-quiz

MGT496 Week 1 Quiz


1. Question : Which of the following is NOT an example of independent demand?


Student Answer: ROP/ROL


MRP


Continuous patterns.


Forecast on all items.


None of the above


REF: Page 26
Instructor Explanation: Page 26


Points Received: 1 of 1
Comments:


Question 2. Question : Economic order quantity (E.O.Q.) is a balance of ____________ and __________.


Student Answer: cost of placing an order, cost of holding it


supply, demand


cost of capital, order costs


inventory value, inventory cost


lead times, fulfillment time


Instructor Explanation: Page 59


Points Received: 1 of 1
Comments:


Question 3. Question : Which of the following statements are true about independent or random demand?


Student Answer: It is independent of all other products.


It is consumer driven.


It uses reorder point for replenishing inventory.


All of the above


None of the above


Instructor Explanation: Page 54


Points Received: 1 of 1
Comments:


MGT496 Week 1 Quiz



http://www.fres-courses.com/product/mgt496-week-1-quiz

MGT496 Week 1 Quiz


1. Question : Which of the following is NOT an example of independent demand?


Student Answer: ROP/ROL


MRP


Continuous patterns.


Forecast on all items.


None of the above


REF: Page 26
Instructor Explanation: Page 26


Points Received: 1 of 1
Comments:


Question 2. Question : Economic order quantity (E.O.Q.) is a balance of ____________ and __________.


Student Answer: cost of placing an order, cost of holding it


supply, demand


cost of capital, order costs


inventory value, inventory cost


lead times, fulfillment time


Instructor Explanation: Page 59


Points Received: 1 of 1
Comments:


Question 3. Question : Which of the following statements are true about independent or random demand?


Student Answer: It is independent of all other products.


It is consumer driven.


It uses reorder point for replenishing inventory.


All of the above


None of the above


Instructor Explanation: Page 54


Points Received: 1 of 1
Comments: