A. Two-bin system
B. Periodic system
C. Perpetual inventory system
D. Point-of-sale systems
View AnswerA. Two-bin system
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
Price reductions for larger orders are known as ____?
A. Quantity Concessions
B. Quantity relaxation
C. Quantity discounts
D. Quantity offs
View AnswerC. Quantity discounts
The order size that minimizes total annual cost is ______?
A. economic order quantity
B. economic production quantity
C. quantity discount model
D. none
View AnswerA. economic order quantity
A-B-C approach classifies inventory according to _____?
A. Manufacturing time
B. Ordering measures
C. Importance measure
D. Customer preferences
View AnswerC. Importance measure
Physical count of items in inventory made at intervals is _____?
A. Two-bin system
B. Periodic system
C. Perpetual inventory system
D. Point-of-sale systems
View AnswerB. Periodic system
Ratio of average cost of goods sold to average inventory investment is known as ______?
A. Inventory turnover
B. Little’s Law
C. Inventory management
D. None
View Answer A. Inventory turnover
The aim of Six Sigma initiative is to ______?
A. Identifying cause of defects
B. Removing the cause of defects
C. Feedback to defects
D. Both A and B
View AnswerD. Both A and B
The concept of Six Sigma was developed by the following company?
A. General Electric
B. Motorola
C. Honeywell
D. DuPont
View AnswerB. Motorola
Who is considered to be the father of Six Sigma______?
A. Bill smith
B. Walter Shewhart
C. Jack Welch
D. None
View AnswerA. Bill smith
While setting Quality objectives, ____ to be considered?
A. Material Quality
B. Customer need
C. Market demand
D. All of above
View AnswerD. All of above