Question

What is a technique for improving inventory record accuracy? Select one: a. drum, buffer, rope b....

What is a technique for improving inventory record accuracy?

Select one:

a.

drum, buffer, rope

b.

tracking signal

c.

statistical process control

d.

cycle counting

e.

Kanban

Independent demand is the demand for ______________.?

Select one:

a.

components

b.

parts

c.

finished products

d.

subassemblies

e.

raw materials

Gross requirements for finished products are taken from ________________________.?

Select one:

a.

the order entry file

b.

the inventory records file

c.

the authorized MPS

d.

forecasted sales

e.

the bill of materials file

Which of the following most closely describes dependent demand?

Select one:

a.

demand that is seasonal

b.

demand estimates using regression analysis

c.

demand derived from finished products

d.

demand for repair parts

e.

demand generated by suppliers

Business   Economics   
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Homework Answers

Answer #1

Answer:- Option (d) " cycle counting " is the correct answer.

Cycle counting is a technique for improving inventory record accuracy.

Answer:- Option (c) " finished products " is the correct answer.

Indenpendent demand is the demand for finished products such as a bicycle, a computer etc.

Answer:- Option (c) " the authorized MPS " is the correct answer.

Gross requirement for finished products are taken from the authorized MPS.

Answer:- Option (c) " demand derived from finished products " is the correct answer.

Demand derived from finished most closely describes dependent demand.

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