Kanban
Just-in-time system
MRP
Least unit cost
Least total cost
Question 9.9. (TCO 3) Which of the following is not an
improvement-driven reason to outsource? (Points : 4)
Improve risk management
Increase commitment in a noncore area
Shorten cycle time
Improve quality and productivity
Obtain expertise, skills, and technologies that are otherwise not
available
Question 10.10. (TCO 9) What transportation mode has very high
initial investment costs but gives a very low cost per mile for
products that are highly specialized and require no packaging?
(Points : 4)
Highway
Rail
Water
Pipeline
Air
Page 2
Question 1.1. (TCO 4) a company has recorded the last 5 days of
daily demand on their only product. Those values are 120, 125, 124,
128, and 133. The time from when an order is placed to when it
arrives at the company from its vendor is 5 days. Assuming the basic
fixed-order quantity inventory model fits this situation and no safety
stock is needed, which of the following is the reorder point (R)?
(Points : 10)
120
126
630
950