Purchasing & Material Management Test

improved data integration between elements of the supply chain ✘ reduced complexity of the supply chain ✘ reduced cost through outsourcing ✘ increased efficiency of individual processes ✔

Unserviceable item ✘ Finished Items ✘ Dead stock ✘ Unused Items ✔

Economic order quantity ✘ Just in time logistics ✘ Limited Inventory Logistics ✘ Reduction Inventory logistics ✔

Scheduled receipts ✘ Gross requirements ✘ Net requirements ✘ On hand ✔

Retain ✘ Retrieval ✘ Regain ✘ Replenish ✔

JIT and MRP stress the importance of quality improvements. ✘ JIT and MRP demand a high quality level of the supply. ✘ JIT and MRP demand an extensive product quality inspection. ✘ JIT and MRP each have very different quality standards. ✔

bring all items together ✘ allow assembling of any future items in their proper place ✘ classify items as per their characteristics ✘ All of these ✔

Management Reaction Planning ✘ Manufacturing Resource Planning ✘ Master Resources Production ✘ Materials Requirements Planning ✔

Colour Coding ✘ Kodak ✘ Brisch ✘ Brack ✔

Maintenance, Repair, Operating ✘ Managing, Repair, Organising ✘ Managing, Routing, Operating ✘ Maintenance, Routing, Operating ✔