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An organization can purchase equipment for $450,000 in order to make an item for $20 per unit. A supplier can produce the same item for $25. If the item will sell for $35 per unit, what is the break-even point for the item?
Answer: B
A manufacturing company agrees to export tools to a Chinese company using a letter of credit (L/C). Which of the following entities guarantees the payment for the tools?
Answer: B
Given the data below, what would be the new reorder point (ROP) if the lead time were reduced by 20%? Daily demand = 20 units - Reorder lead time = 10 days - Safety stock = 15 units
Answer: B
A process in which printer and copier cartridges are manufactured, sold by retailers, consumed by customers, and returned to the manufacturer for reuse is an example of a(n):
Answer: B
The standard measurement for intermodal containers is generally measured in:
Answer: C
A computer manufacturer has a single distribution center (DC) that ships personal computers to the USA, Germany, Brazil, and Australia. The computer power supplies are added at the distribution center. This kitting process is an example of:
Answer: A
An agricultural corporation must receive permission from the Country X government to export rice to Country Y because Country Y has an import quota on Country X's rice. The document used to provide this permission is called a:
Answer: B
A retailer choosing to build additional inventory of snow shovels in a specific geographic area potentially impacted by an approaching snowstorm is an example of what type of positioning strategy?
Answer: D
A corporation wishes to increase its handling and transport efficiency. What type of program will it most likely implement?
Answer: D
A firm is deciding to increase the number of warehouses from 4 to 5. If the safety stock level of the product is currently at 500 units, which of the following quantities is an estimate of the revised safety stock levels as a result of increasing the number of warehouses?
Answer: C
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