5. Amazon Corp. have decided to store majority of their inventory on trucks for quick deliveries. What kind of inventory is this? A) Smoothing inventory B) Hedge Inventory C) Anticipation inventory D). Transportation inventory 6. In Cardano store (1) inventory levels for Crypto supplies are expected to remain at 1500 at all time. If (R) restocking levels are to remain at 3170. What should be the (Q) re-order quantity for the 1st month? A) 1700 B) 3170 C) 1670 D) 1740 7. The purchasing team applies quantitative techniques in all of its purchasing patterns in order to identify any irregularities or possible areas of cost savings. This refers to: A). spend analysis. B) purchase consolidation C) internal auditing D) cooking the books. 8. benchmarking is: A) The process of identifying, understanding, and adapting outstanding practices from within the same organization or from other businesses to help improve performance B) The process where companies compete with each other's global supplies C) offloading of inventory into a warehouse. D) partnering with another company to remain competitive. 13. What is the fastest and the most flexible mode of transportation? A) Highway a) Water C) Rail D) Air 14. Which of the following is generally considered as the fifth mode of transportation? A Highway B. Water C. Air D. Pipeline 15. This mode of transportation has weaknesses such as limited locations, relatively poor delivery, reliability and speed A. Highway B. Rail C. Air D. Water 16. With this method of forecasting, experts work individually to develop forecasts A. Market surveys B. Deplhi method C. Panel consensus forecasting D. Life Cycle Analogy 17. The decision of how much safety stock to hold depends on A). The availability of demand B). The variability of demand C). The availability of supply D). The variability of supply 18. In one of the first ever major global supply chain to the Americas, captain Hernn Corts decided to A). Burn the ships B) Build bridges C) Return back to Europe D). Trade with the indigenous First nation Americans 19. Which of the following is not a likely cause of Supply Chain Disruption A). natural disasters B). tourists travel restrictions C). companies outsourcing processes to global suppliers. D). raw material shortage 20. Forecasting is used to determine all of the following except A) Long-term capacity needs B) Human resource management C) Shorter-term operations and supply chain activities D) Yearly business plans