verified to pass 2026
What is the name of the model that has been created to examine the four different supply chain
perspectives of reliability, flexibility, expenses, and assets/utilization? - correct answer ✔SCOR (supply
chain operations reference)
The annual cost of goods sold for a company is $8,400,000 and the average inventory is $ 1,200,000.
What is the number of weeks of supply? - correct answer ✔7
A manufacturing firm uses warehouses and shippers in their supply chain. At which stage of the firm's
inventory management system would the statement "percentage of line items shipped on schedule" be
used? - correct answer ✔Finished goods
How does inventory management differ for manufacturing organizations compared to service
organizations? - correct answer ✔Manufacturing organizations must keep large amounts of product
on hand at all times, regardless of demand
What is one advantage of a periodic review system? - correct answer ✔Less inventory is needed to
protect against stock-outs
A company's monthly widgets demand has been consistent for the past few years but now a variable
shift in demand is forecasted. The demands are predicted to be.
· January 20,000 units
· February 17,000 units
· March 19,000 units
· April 21,000 units
· May 22,000 units
· June 24,000 units