When the clean out process at the end of a production run is difficult or long, many companies run two or more batches one after another. This is called what?

Purchasing several items together in order to lower ordering cost is know as

Distribution replenishment requirements enter a manufacturer＇s planning hierarchy at which of the following planning processes?

An advantage of pre-assigning storage locations upon receipt is

Which of the following order techniques is likely to already incorporate a rounding factor for a part where inventory is in units and purchase orders are for cartons of 100?

Order point and periodic review are examples of which of the following reorder systems?

Accurate inventory levels are mostly influenced by which of the following items?

A company packages in units of 100 per carton. Production yield averages 99%. What is the order quantity transmitted from master production scheduling to MRP for a period order quantity of 1000 units?

Which of the following computerized system＇s components is most necessary with a random location storage system?

A small motor is used in an appliance production line, where the demand varies due to seasonality and is over-planned in the master schedule. The motor also has service part independent demand through a chain of repair shops. Which varies by hours of product usage. Which of the following statements is true of the safety stock?

An accounting assumption that the oldest inventory is the first to be used is