Question
1.You are the manager of a retail clothing shop. Your annual sales are $150,000 and your average inventory value is $30,000. Based upon this information
1.You are the manager of a retail clothing shop. Your annual sales are $150,000 and your average inventory value is $30,000. Based upon this information how many inventory turns does your shop have?
Question 3 options:
3.5
16
5
10
2.Which is NOT a type of Flow in Supply Chain?
Question 5 options:
Flow of Materials/goods
Flow of money (Cash Flow)
Flow of Information
Flow of traffic on I-30
3._____________ is a concept in continuous production where you have multiple stations working to produce a unit. When one station completes their task and is waiting to move their finished task to the next station downstream the flow or progression is blocked.
Question 24 options:
Over flow
Cash Flow
Back Flow
Flow Blocking
4.
Finished Goods, Raw Materials, Purchased Components and Operating Supplies and Work-in-process (WIP) are all types of __________ in Supply Chain
Question 26 options:
Logistics
Problems
Services
Inventory
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