If an item is in stock for 3 days and then out of stock for 3 days, what is the
ID: 381663 • Letter: I
Question
If an item is in stock for 3 days and then out of stock for 3 days, what is the items % of time in stock?
50%
100%
30%
75%
3 points
QUESTION 33
The percent of demand filled from on-hand inventory is called
item fill rate
% of items in stock
% of time and item is in stock
customer service level
3 points
QUESTION 34
Costs specific to Logistics can include
Transportation costs, human resources, warehousing, and procurement.
Transportation costs, inventory holding costs, marketing, and procurement.
Transportation costs, inventory holding costs, warehousing, and procurement.
Transportation costs, inventory holding costs, warehousing, and IT costs.
3 points
QUESTION 35
An example of the Quantitative Method of forecasting is
Market Research
the Delphi Methode
Multiple Regression
Jury of Executive Opinion
50%
100%
30%
75%
Explanation / Answer
Q.
3 days in stock and out of stock for 3days (Two Possibilities)
So total is coming 6days.
6/2=3(converting into percentage coming 30%)
33.
Answer: item fill rate (It is defining the number of filled rates for a particular demand)
34.
Answer: Transportation costs, inventory holding costs, warehousing, and procurement. (The term Costs specific to Logistics itself defining the series in the step by step process)
35.
Answers: Market Research (This method is used to gather information for customer reference to do a systematic analysis of several designs from data’s)
The Delphi Method (It is a structured communication technique which is used for interactive method to communicate of different questionnaires)