Inventory costs related to warehouse property taxes

Assignment Help Operation Management

Reference no: EM132277139

1. Inventory costs related to warehouse property taxes, utilities and shrinkage costs are usually classified as:

carrying costs.

ordering costs.

continuous costs.

holding costs.

2. Which of the following statements concerning the advantages of a flat benefit formula under a defined-benefit pension plan is correct?

It is difficult to understand and to put into operation.

A service reduction provision is prohibited.

Integration is permitted.

It works well when providing higher benefits for employees with long periods of service, which is an important objective.

3. A company’s process has a 0.035 fraction defective. What is the standard deviation of the fraction defect from the process?

0.035

0.187

0.018

Cannot be calculated with the information given

4. In the basic EOQ model, which of the following could lead to stock-outs?

smaller than average lead time

higher consumption during the lead time

higher reorder points

lower consumption during the lead time

5. What type of thinking includes the ability to see the similarities and the connections among various and often diverse data and? events?

A. Divergent

B. Convergent

C. Lateral

D. Bilateral

E. Unilateral

Reference no: EM132277139

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