Question 1

Which of the following are most likely to be the purposes of packing and packaging?

1. To bring the product cost down

2. To protect the product

3. To improve the product recognition

4. To test the product durability

Options :

A : 3 and 4 only

B : 1 and 2 only

C : 1 and 4 only

D : 2 and 3 only

Answer: D

Question 2

Which of the following best describes what happens when order volumes from customers increase and multiply through the supply chain?

Options :

A : Pareto curve

B :

Opitz system

C : Seasonal demand

D : Forrester effect

Answer: D

Question 3

The amount of inventory available at the start of an accounting period is known as...?

Options :

A : Closing stock

B : Buffer stock

C : Opening stock

D : Work-in-progress

Answer: C

Question 4

Which of the following are critical factors that must be considered when evaluating warehouse or storage locations? The cost of the proposed locationWho owns the storage location or warehouse Access to transport networks The number of windows in the building

Options :

A : 1 and 3 only

B : 2 and 3 only

C : 2 and 4 only

D : 1 and 4 only

Answer: A

Question 5

What is a key requirement for successful just-in-time implementation?

Options :

A : Larger warehouse for larger amount of inventory

B : Strong links between the suppliers and the buying organisation

C : Regular machine changeovers

D : No need for smoothing production

Answer: B

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