A. Average demand rate and average lead time
B. Demand and lead time variability
C. The desired service level
D. All of these
View Answer
MCQs for Undergraduate Students
Computer Science Quiz
- Digital logic Design MCQs
- Operating System Concepts MCQs
- Software Engineering II MCQs
- Artificial Intelligence MCQs
- Assembly Language MCQs
- Computer Architecture MCQs
- Computer Graphics MCQs
- Data Base System MCQs
- Visual Programming MCQs
- Distributed Database Management Systems MCQs
- Object Oriented Programming MCQs
- Advanced Object Oriented Programming MCQs
Mathematics Quiz
- Mechanics MCQs
- Linear Algebra MCQs
- Number Theory MCQs
- Measure theory MCQs
- Complex Analysis MCQs
- Ideal Fluid Dynamics MCQs
- Quantum Mechanics MCQs
- Probability Theory MCQs
- Ring Theory And Field MCQs
- Advance Real Analysis MCQs
- Multi-Variate Calculus MCQs
- Advance Group Theory MCQs
- Mathematical Methods MCQs
- Modern Computer Algebra MCQs
- Partial Differential Equation MCQs
Chemistry Quiz
BBA-Business Administration Quiz
Expanded approach to production resource planning, involving other areas of a firm in the planning process is known as _____?
A. MRP I
B. MRP II
C. ERP I
D. ERP II
View Answer
ERP stands for?
A. Entrepreneurial resource planning
B. Evaluating resource planning
C. Enterprise resource planning
D. Environmental resource planning
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Service level is the probability that demand will not _____ supply during lead time?
A. Increase
B. Decrease
C. Sustain
D. None
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Reorder point is equal to _____?
A. Supply × Lead time
B. Demand × Lead time
C. Supply × ordering time
D. None
View Answer
Economic order Quantity is used to identify a _____ order size?
A. Fixed
B. Perpetual
C. Small
D. All of these
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TQM focuses on ____?
A. Employee
B. Customer
C. Both A and B
D. None
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The costs involved in preparing equipment for a job is known as _____?
A. Ordering costs
B. Holding cost
C. Purchase cost
D. Setup costs
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Lead time is the time interval between ordering and _____?
A. Packaging the order
B. Delivering the order
C. Receiving the order
D. None
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Bar code printed on a label that has information about the item is known as ____?
A. Unifier product code
B. Unique product code
C. Universal product code
D. None
View Answer