Hedin OPER 340 Exam 3A questions with
complete solutions 2025.
The primary enabler for effective supply chain management is
Entry field with correct answer
inventory
forecasting
information technology
quality - ANSWER: Information Technology
A recent supply chain management practice that places suppliers near buyers and
enables suppliers to make replenishment decisions and provide inventory to the buyer,
as needed, and requires information sharing is
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single sourcing
continuous replenishment programs
supplier hubs
third party service providers - ANSWER: Supplier Hubs
An example of a dependent demand item is a
Entry field with correct answer
house
car
shipping container
paint - ANSWER: Paint
, The relationship of shortage costs to carrying costs
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inverse
constant
linear
exponential - ANSWER: inverse
An inventory system in which the inventory stock is replenished by a fixed amount
whenever the inventory on hand decreases to a predetermined level is a
Entry field with correct answer
ABC system
continuous system
fixed-time-period system
periodic system - ANSWER: continuous system
An inventory system in which the inventory on hand is counted at set times on a
continual basis and an order is placed to return the inventory stock to a desired level is
a
Entry field with correct answer
continuous system
ABC system
perpetual system
periodic system - ANSWER: periodic system
A method for classifying inventory according to its dollar value is a
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continuous system
ABC system
perpetual system
periodic system - ANSWER: ABC system
In an EOQ model the optimal order quantity occurs where
complete solutions 2025.
The primary enabler for effective supply chain management is
Entry field with correct answer
inventory
forecasting
information technology
quality - ANSWER: Information Technology
A recent supply chain management practice that places suppliers near buyers and
enables suppliers to make replenishment decisions and provide inventory to the buyer,
as needed, and requires information sharing is
Entry field with correct answer
single sourcing
continuous replenishment programs
supplier hubs
third party service providers - ANSWER: Supplier Hubs
An example of a dependent demand item is a
Entry field with correct answer
house
car
shipping container
paint - ANSWER: Paint
, The relationship of shortage costs to carrying costs
Entry field with correct answer
inverse
constant
linear
exponential - ANSWER: inverse
An inventory system in which the inventory stock is replenished by a fixed amount
whenever the inventory on hand decreases to a predetermined level is a
Entry field with correct answer
ABC system
continuous system
fixed-time-period system
periodic system - ANSWER: continuous system
An inventory system in which the inventory on hand is counted at set times on a
continual basis and an order is placed to return the inventory stock to a desired level is
a
Entry field with correct answer
continuous system
ABC system
perpetual system
periodic system - ANSWER: periodic system
A method for classifying inventory according to its dollar value is a
Entry field with correct answer
continuous system
ABC system
perpetual system
periodic system - ANSWER: ABC system
In an EOQ model the optimal order quantity occurs where
