SCMT 364 - Ch. 20 Objective Questions
(Concept) Questions and Answers
1. What is the term used to refer to inventory while in distribution - that is, being moved within the
supply chain? - correct answer-✅In-transit inventory
(a.k.a In-process inventory)
2. Almost certainly you have seen vending machines being serviced on your campus and elsewhere. On a
predetermined schedule, the vending company checks each machine and fills it with various products.
This is an example of which category of inventory model? - correct answer-✅Fixed-time period model
3. To support the manufacture of desktop computers for its customers, Dell needs to order all the parts
that go into the computer, such as hard drives, motherboards, and memory modules. Obviously the
demand for these items is driven by the production schedule for the computers. What is the term used
to describe demand for these parts? - correct answer-✅Dependent demand
(Concept) Questions and Answers
1. What is the term used to refer to inventory while in distribution - that is, being moved within the
supply chain? - correct answer-✅In-transit inventory
(a.k.a In-process inventory)
2. Almost certainly you have seen vending machines being serviced on your campus and elsewhere. On a
predetermined schedule, the vending company checks each machine and fills it with various products.
This is an example of which category of inventory model? - correct answer-✅Fixed-time period model
3. To support the manufacture of desktop computers for its customers, Dell needs to order all the parts
that go into the computer, such as hard drives, motherboards, and memory modules. Obviously the
demand for these items is driven by the production schedule for the computers. What is the term used
to describe demand for these parts? - correct answer-✅Dependent demand
