MGSC 492 Actual Questions and Correct Answers
Q1
Warehouses are often...
Answer: One of the costliest elements of the supply chain and therefore their
successful planning and management is critical in terms of both cost and service.
Q2
The nature of warehouses can vary within the supply chain and many different types of
classification have developed: (first 5) By stage in the supply chain By geographic area By
product By function By ownership
Answer: By stage in the supply chain: raw materials, Work-in-process, finished goods,
or returned goods. By geographic area: a global warehouse may service the whole
world, a regional warehouse may service a few countries, and a national warehouse
may service only one country, or a local warehouse may service a specific region of
the country By product - small part, large assemblies, frozen foods, perishables,
security items or hazardous goods. By function - inventory holding for sorting By
ownership - owned by the user
Q3
The nature of warehouses can vary within the supply chain and many different types of
classification have developed: (second 4) By company usage By a... By h... By equipment
Answer: By company usage - a dedicated warehouse for one company, or a shared
warehouse handling the supply chains for a number of companies. By area By height
By equipment - a largely manual operation or a highly automated one.
Q4
Warehouse - primary objective
Answer: To facilitate the movement of goods through the supply chain to the end
consumers.
Q5
Two conditions to hold inventory
Answer: The demand for the product is continual The supply lead time is greater than
the demand lead time.
Q1
Warehouses are often...
Answer: One of the costliest elements of the supply chain and therefore their
successful planning and management is critical in terms of both cost and service.
Q2
The nature of warehouses can vary within the supply chain and many different types of
classification have developed: (first 5) By stage in the supply chain By geographic area By
product By function By ownership
Answer: By stage in the supply chain: raw materials, Work-in-process, finished goods,
or returned goods. By geographic area: a global warehouse may service the whole
world, a regional warehouse may service a few countries, and a national warehouse
may service only one country, or a local warehouse may service a specific region of
the country By product - small part, large assemblies, frozen foods, perishables,
security items or hazardous goods. By function - inventory holding for sorting By
ownership - owned by the user
Q3
The nature of warehouses can vary within the supply chain and many different types of
classification have developed: (second 4) By company usage By a... By h... By equipment
Answer: By company usage - a dedicated warehouse for one company, or a shared
warehouse handling the supply chains for a number of companies. By area By height
By equipment - a largely manual operation or a highly automated one.
Q4
Warehouse - primary objective
Answer: To facilitate the movement of goods through the supply chain to the end
consumers.
Q5
Two conditions to hold inventory
Answer: The demand for the product is continual The supply lead time is greater than
the demand lead time.
