Mandatory benefits employers are required by law

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Reference no: EM132303805

1. If there are shipping cost economies that result from bundling orders for different items together, the ________ model becomes a relatively more attractive option.

A. multi-period

B. multi-item

C. fixed-order-quantity

D. fixed-order-interval

E. reorder-point

2. It is important to plan for in performing the project to assure that the work is done according to specifications and applicable standards and that deliverables meet acceptance criteria

A. time

B. quality

C. resources

D. scope creep

3. All of the following are mandatory benefits employers are required by law to provide except

A. retirement insurance.

B. Social Security.

C. workers' compensation insurance.

D. unemployment insurance.

4. In the single-period model, if excess cost is double the shortage cost, the approximate stockout risk, assuming an optimum service level, is ________ percent.

A. 50

B. 100

C. 67

D. 33

E. 5

5. What is the overall process that identifies, quantifies, and reviews risks?

A. Risk register

B. Risk Quantification

C. Risk planning

D. Risk annihiliation

6. Which is the main benefit of risk review:

A. holding meetings and taking minutes

B. identifying new risks

C. communicating with stakeholders

D. drafting proposals for new projects

Reference no: EM132303805

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