Flashcards
Chapter 9; 9th edition
Flashcards do conjunto (12)
- 1Inventory as an asset on the balance sheet and a __________ on the income statement. a. liability b. footnote c. statement d. variable expensed
- 2Batching economies or cycle stocks usually arise from three sources. Which of these is not a source? a. procurement b. transportation c. production d. demandd
- 3WIP inventories a. not included on the balance sheet. b. are associated with manufacturing. c. are the same as VMI inventories. d. are not impacted by EOQ.b
- 4Seasonal stocks are not influenced by a. EOQ. b. weather. c. transportation. d. holidaysa
- 5Which department does not have any impact on inventory? a. finance b. manufacturing c. corporate governance d. marketingc
- 6Capital cost focuses on the cost of capital tied up in ________and the resulting lost opportunity from investing that capital elsewhere. a. plants b. inventory c. distribution centers d. WIPb
- 7Ordering cost refers to the expense of placing an order and a. includes the cost of capital. b. relates to the material management concept. c. does not include the cost of the product. d. not receiving itc
- 8In the event of a “stockout” one of the things that could happen is a. the vendor’s plant shuts down. b. the cost of capital is increased. c. the SCOR process would come into play. d. extra shipping cost may be incurred.d
- 9Dependent demand relates to a. demand for another inventory item or product. b. the spare parts needed to fill the order. c. VMI inventories. d. the cost of capital for the firm.a
- 10An organization selling its products FOB destination holds the title to the goods until: a. picked up by the trucker b. products reach the customer’s facility c. the customer is invoiced d. the customer receives the goods into their inventory systemb
- 11JIT is a _______ system. a. push b. Pareto’s Law c. MRP d. pulld
- 12A DRP system is usually coupled with a _______ system in an attempt to manage the flow and timing of both inbound materials and outbound finished goods. a. Kan Ban b. VMI/ Consignment c. MRP d. JITc
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- FlashCards sobre Chapter 9; 9th edition, criado por j h em 31-03-2022.
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- j h
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