GSCM 520 Week 6 Quiz 1. � Question : � (TCO 4) Which of the following is one of the categories of manufacturing inventory? 2. � Question : � (TCO 4) When material is ordered from a vendor, which of the following is not a reason for delays in the order arriving on time? 3. � Question : � (TCO 4) In making any decision that affects inventory size, which of the following costs do not need to be considered? 4. � Question : � (TCO 4) Which of the following are fixed-time period inventory models? 5. � Question : � (TCO 4) Assuming no safety stock, what is the reorder point (R) given an average daily demand of 78 units and a lead time of 3 days? 6. � Question : � (TCO 4) If annual demand is 50,000 units, the ordering cost is $25 per order, and the holding cost is $5 per unit per year, which of the following is the optimal order quantity using the fixed-order quantity model? 7. � Question : � (TCO 4) If the average aggregate inventory value is $1,200,000 and the cost of goods sold is $600,000, which of the following is weeks of supply? 8. � Question : � (TCO 3) In Hau Lee’s uncertainty framework to classify supply chains, a supply chain for functional products with a stable supply process is called which of the following? 9. � Question : � (TCO 3) Which of the following is an organizationally driven reason for outsourcing? 10. � Question : � (TCO 3) Which of the following of Fisher’s product categories includes fashionable clothing, personal computers, and other products that typically have a very brief life cycle?
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