Which of the following components are associated with inventory functions?

Which of the following inventory would be the customer order penetration point in a MTO environment?

A company wanting to maintain a high level of customer service at the lowest inventory carrying cost should take which of the following action?

Which of the following inventory accounting methods will minimize inventory at the end of a period of unexpected increasing costs and stable hand inventory balances?

Which of the following activities identifies common cause variation?

Which two of the following actions within a change program will lead to improved organization performance?
I. Strengthening commitment through joint diagnosis of business problems;
II. Institutionalizing systems and procedures early in the change process;
III. Using measures that support continuous learning and change;
IV. Using a functional team management approach to reorganize operating units

In a culturally diverse problem-solving group with varying priorities, a common impediment to achieving the best solution is:

Which of the following typically are item master data elements?
I. Inventory transactions;
II. Lot-sizing rule;
III. Lead time;
IV. Component part numbers;

Which of the following methods is the most effective way to ensure quality?

When a significant increase in production volume is anticipated, the most appropriate response would be to

Focused factory operations include which of the following benefits?
I. Improved machine flexibility;
II. Improved quality;
III. Reduced inventory;
IV. Reduced material handling