Question

1.In the Order Up To model, each period's order quantity needs to take into account all of the following except:

A. Used Inventory

B. Backordered Demand

C. On-Hand Inventory

D. On-Order Inventory

2.To implement a vendor managed inventory model, no additional levels of communication beyond the normal supplier relations are required.

True

False

3.A consignment inventory management model would make sense for an expensive product that has a low holding cost.

True

False

Answer 1

Answer:

1.

In the Order Up To model, each period's order quantity needs to take into account all of the following except the used inventory

Used inventory

Option A is right answer.

2.

To implement a vendor managed inventory model, no additional levels of communication beyond the normal supplier relations are required

Here the given statement is false

False

3.

Stock administration alludes to the way toward requesting, putting away, and utilizing an organization's stock.

These incorporate the administration of crude materials, segments, and completed items just as warehousing and preparing such things.

For organizations with complex stock chains and assembling forms, adjusting the dangers of stock excesses and deficiencies is particularly troublesome.

The given statement is true.

True.