OPSY EXAM 3 Review (CH 11,12,15) questions n answers rated A+ 2025-
2026-7.docx, Exams of Advanced Education
Which of the following is a technique that aims at building and evaluating
supply chain performance? - ANSWERevaluating disaster risk
Which of the following remedies may reduce the bullwhip
effect? - ANSWERshare demand information throughout the supply chain
Which of the following is TRUE regarding the bullwhip effect measure? -
ANSWERVariance amplification is present if the bullwhip measure is greater
than one.
Which of the following is an advantage of faster shipping? - ANSWERlower
holding costs
Which of the following statements is NOT true? - ANSWERA less expensive
shipper tends to result in slower shipments and lower holding costs.
, When determining warehouse storage locations, why would an operations
manager place the item with the highest ratio of trips to blocks closest to the
dock? - ANSWERPlacing frequently needed items with small space
requirements up front minimizes travel.
Efficiency in a warehouse is primarily improved by - ANSWERreducing worker
travel time.
Why might a company carry inventory? - ANSWERto decouple steps in a
production process
The objective of inventory management is to - ANSWERstrike a balance
between inventory investment and customer service.
Which of the following is NOT a type of inventory? - ANSWERMRP
Which of the following types of inventory describes inventory that has been
purchased but not processed? - ANSWERraw material inventory
When an inventory manager uses ABC analysis, which of the following will
they consider to be the most critical A item? - ANSWERhighest dollar-volume
each year
Policies based on ABC analysis might include investing - ANSWERmore in
supplier development for A items
Which of the following should a company include as part of an item's holding
cost? - ANSWERinvestment costs, including taxes and insurance
2026-7.docx, Exams of Advanced Education
Which of the following is a technique that aims at building and evaluating
supply chain performance? - ANSWERevaluating disaster risk
Which of the following remedies may reduce the bullwhip
effect? - ANSWERshare demand information throughout the supply chain
Which of the following is TRUE regarding the bullwhip effect measure? -
ANSWERVariance amplification is present if the bullwhip measure is greater
than one.
Which of the following is an advantage of faster shipping? - ANSWERlower
holding costs
Which of the following statements is NOT true? - ANSWERA less expensive
shipper tends to result in slower shipments and lower holding costs.
, When determining warehouse storage locations, why would an operations
manager place the item with the highest ratio of trips to blocks closest to the
dock? - ANSWERPlacing frequently needed items with small space
requirements up front minimizes travel.
Efficiency in a warehouse is primarily improved by - ANSWERreducing worker
travel time.
Why might a company carry inventory? - ANSWERto decouple steps in a
production process
The objective of inventory management is to - ANSWERstrike a balance
between inventory investment and customer service.
Which of the following is NOT a type of inventory? - ANSWERMRP
Which of the following types of inventory describes inventory that has been
purchased but not processed? - ANSWERraw material inventory
When an inventory manager uses ABC analysis, which of the following will
they consider to be the most critical A item? - ANSWERhighest dollar-volume
each year
Policies based on ABC analysis might include investing - ANSWERmore in
supplier development for A items
Which of the following should a company include as part of an item's holding
cost? - ANSWERinvestment costs, including taxes and insurance
