Which among the following are the tools for reducing acquisition costs in purchasing?
1. Procurement card
2. Automated Storage & Retrieval System
3. Porter's value chain
4. P2P system
ASI Ltd is known for its commitment to sustainability. ASI builds railroad ties and pilings using recycled plastic bottles and industrial waste instead of standard materials such as wood, steel, and cement. This practice helps the company save 15% in compare with traditional material purchases. Which pillar of sustainability would include the practice of ASI Ltd?
Which of the following can replace pallets as bases for unit loads but they require push pull acces-sories to retrieve or discharge unit load?
A major investment bank is planning to purchase a complex banking system that will interface with multiple applications at varying times of the day. Before deploying the system, there are various levels of testing that must be performed through joint testing between the in-house team and off-shore testing consultants. The testing will be performed in a resource-constrained shared environment and managed by the on-shore development team. The costs for testing are generally classified as...?
The following are examples of scheduled maintenance except...
Objective forecasting techniques must be based on which of the following?
1. Opinions
2. Figures
3. Facts
4. Jugdement
Among different types of costs associated with inventory, the opportunity cost of the investment tied up in inventory belongs to which of the following?
Which of the following best describe the function of MRP?
Which of the following is the core idea of Lean manufacturing?
MRP software is a powerful tool for managing material requirements of manufacturing processes. To keep the software function well, an organisation must have appropriate input data. Which of the following are the inputs of MRP software? Select THREE that apply.
Which of the following are recognised as disadvantages of ERP systems? Select TWO that apply.
Lean principle focuses on eliminating eight types of waste. Waste in Lean manufacturing is defined as...?
Company XYZ is a candy manufacturer. Company XYZ makes a batch of 1,000 Christmas candy canes that are no longer edible after December 31. Company XYZ is able to sell 750 canes of the batch, but the other 250 are sitting in the warehouse. December 31 comes, and these candy canes is no longer sell-able. The batch of 250 candy canes belongs to which type of inventory?
Which of the following is a main objective of just-in-time?
When accounting for the disposal of fixed assets, the gain or loss on disposal is equal to...?
Which of the following best describes what happens when order volumes from customers increase and multiply through the supply chain?
In inventory management, the cost of insurance and taxes are included in which group?
Which of the following lists all components, ingredients, and materials required to produce the final product?
Which of the following is the minimum aisle width for using standard counterbalanced forklifts?
Which of the following refer to material used for filling the void left in the box but they have poor environmental profile?