SCMT 2103 TEST 3 MODULE
QUESTIONS (UARK) WITH CORRECT
ANSWERS
What are the components of lead time? - Correct Answers -Order Picking
Order Transmittal
Loading Onto the Truck
In a retail store, when does the lead time end? - Correct Answers -When the inventory
is stocked on the shelf
Which is a common bottleneck mentioned in the video that increases lead time? -
Correct Answers -Receiving Facilities at or near Capacity
Which has the correct order of lead time processes? - Correct Answers -Order creation,
picking, staging, transit
Lead time is the time between when an order is placed and the inventory is
___________________. - Correct Answers -Available for use
Lead time variability is really a measure of lead time ___________________. - Correct
Answers -Uncertainty
Lead time is best defined as: - Correct Answers -The time between when an order is
placed and when it is received and available for use or sale.
A reorder point is a point in _______________________. - Correct Answers -A
company's inventory position
How can a company's inventory position be determined? - Correct Answers -On-hand
inventory plus on-order inventory minus backorders
If a customer uses a continuous review policy to manage inventory, when is it possible
to stockout? - Correct Answers -Only during the lead time
If a fulfillment center has no on-hand inventory but receives an order that cannot be
immediately filled, this order represents ______________ if the customer will wait. -
Correct Answers -A backorder
QUESTIONS (UARK) WITH CORRECT
ANSWERS
What are the components of lead time? - Correct Answers -Order Picking
Order Transmittal
Loading Onto the Truck
In a retail store, when does the lead time end? - Correct Answers -When the inventory
is stocked on the shelf
Which is a common bottleneck mentioned in the video that increases lead time? -
Correct Answers -Receiving Facilities at or near Capacity
Which has the correct order of lead time processes? - Correct Answers -Order creation,
picking, staging, transit
Lead time is the time between when an order is placed and the inventory is
___________________. - Correct Answers -Available for use
Lead time variability is really a measure of lead time ___________________. - Correct
Answers -Uncertainty
Lead time is best defined as: - Correct Answers -The time between when an order is
placed and when it is received and available for use or sale.
A reorder point is a point in _______________________. - Correct Answers -A
company's inventory position
How can a company's inventory position be determined? - Correct Answers -On-hand
inventory plus on-order inventory minus backorders
If a customer uses a continuous review policy to manage inventory, when is it possible
to stockout? - Correct Answers -Only during the lead time
If a fulfillment center has no on-hand inventory but receives an order that cannot be
immediately filled, this order represents ______________ if the customer will wait. -
Correct Answers -A backorder
