SCMT 2103 TEST 3 2026/27 MODULE
QUESTIONS (UARK) WITH
COMPLETE SOLUTIONS
What are the components of lead time? - ANSWER-Order Picking
Order Transmittal
Loading Onto the Truck
In a retail store, when does the lead time end? - ANSWER-When the inventory is
stocked on the shelf
Which is a common bottleneck mentioned in the video that increases lead time? -
ANSWER-Receiving Facilities at or near Capacity
Which has the correct order of lead time processes? - ANSWER-Order creation,
picking, staging, transit
Lead time is the time between when an order is placed and the inventory is
___________________. - ANSWER-Available for use
Lead time variability is really a measure of lead time ___________________. -
ANSWER-Uncertainty
Lead time is best defined as: - ANSWER-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 _______________________. - ANSWER-A company's
inventory position
How can a company's inventory position be determined? - ANSWER-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? - ANSWER-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. -
ANSWER-A backorder
Which inventory policy will create the most uncertainty for a company's
transportation providers? - ANSWER-Continuous review
Safety stock increases which aspect of a continuous review policy? - ANSWER-
Reorder point
QUESTIONS (UARK) WITH
COMPLETE SOLUTIONS
What are the components of lead time? - ANSWER-Order Picking
Order Transmittal
Loading Onto the Truck
In a retail store, when does the lead time end? - ANSWER-When the inventory is
stocked on the shelf
Which is a common bottleneck mentioned in the video that increases lead time? -
ANSWER-Receiving Facilities at or near Capacity
Which has the correct order of lead time processes? - ANSWER-Order creation,
picking, staging, transit
Lead time is the time between when an order is placed and the inventory is
___________________. - ANSWER-Available for use
Lead time variability is really a measure of lead time ___________________. -
ANSWER-Uncertainty
Lead time is best defined as: - ANSWER-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 _______________________. - ANSWER-A company's
inventory position
How can a company's inventory position be determined? - ANSWER-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? - ANSWER-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. -
ANSWER-A backorder
Which inventory policy will create the most uncertainty for a company's
transportation providers? - ANSWER-Continuous review
Safety stock increases which aspect of a continuous review policy? - ANSWER-
Reorder point
