Idis 343 Final Already Passed

In an ABC classification, hits provide information about How many times an item is requested How many of an item is sold How many times an item was NOT in stock How many times an item was in stock {Ans: How many times an item is requested}What is the most common customer service complaint? Late delivery Damaged product shipment Lack of technical support Unable to contact salesman {Ans: Late delivery}Logistics creates value in terms of ____ and ____ utilities. form, place place, time form, time time, form {Ans: place, time}Using base point pricing is attractive when? all of the above price cuts lead to retaliation from competitors there is little preference among buyers regarding the supplier transport cost is high relative to value {Ans: all of the above}When demand is derived from the requirements specified in a production schedule, demand is said to be: Lumpy Temporal Dependent Independent {Ans: Dependent}An inventory management philosophy that allocates supply to each warehouse based on the overall demand is known as Pull approach Collaborative Push approach Multi-echelon {Ans: Push Approach}