QUESTION: 13

Consignment inventory requires that manufacturers:

deliver their products to the consumer and payment from consumers is based on supply.
stock their products on retail stores shelves and payment from consumers is based on forecast.
deliver their products to the consumer and wait for payment until consumers requires to refill stock level.
stock their products on retail stores shelves and wait for payment until consumers purchase the product.

Answer(s): D

A pharmaceutical company makes drugs that control the spread of the influenza virus after outbreaks occur. Deployment to outbreak areas requires a transportation mode that is fast and provides door-to-door connectivity.

Which of the following modes of transportation should the company choose?

Intermodal
Truck
Drone
Air

Answer(s): B

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QUESTION: 15

Which of the following inventory ordering techniques would a company's corporate warehouse utilize if it is interested in meeting both the quantity and timing requirements of demand from its regional warehouses?

Distribution requirements planning (DRP)
Fixed order quantity/variable cycle
Periodic review
Kanban

Answer(s): D

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QUESTION: 16

A company setting up a warehouse wants to maintain a first in, first out (FIFO) stock rotation. Which of the following storage systems should they utilize?

Pallet racking
Block stacking
Flow racking
Push-back racking

Answer(s): A

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QUESTION: 13

QUESTION: 14

QUESTION: 15

QUESTION: 16