Question 1

The three factors in good preparation for a physical inventory ar e.I. Housekeeping.
II) Identification.
III) Verification.
IV) Training.

Accepted Answer

A)  I, II and III 
B)  I, II and IV 
C)  II, III and IV 
D)  I, III and IV 
A)  I, II and III 
B)  I, II and IV 
C)  II, III and IV 
D)  I, III and IV B

Question 2

Which of the following statements is best?

Accepted Answer

A)  among other things, warehousing labor productivity will depend on warehouse layout 
B)  all warehouses need to keep accurate records of where each item is located 
C)  the space required in a warehouse will depend on the amount of labor used 
D)  all of the above are true 
E)  none of the above is true. 
A)  among other things, warehousing labor productivity will depend on warehouse layout 
B)  all warehouses need to keep accurate records of where each item is located 
C)  the space required in a warehouse will depend on the amount of labor used 
D)  all of the above are true 
E)  none of the above is true. A

Question 3

Among other things a good physical control and security of inventory will depend on: I. A good part-numbering system.
II) A well-trained work force.
III) Free access to stock.

Accepted Answer

A)  I and II 
B)  I and III 
C)  II and III 
D)  I only 
E)  II only. 
A)  I and II 
B)  I and III 
C)  II and III 
D)  I only 
E)  II only. A

Question 4

After picking the order and prior to shipment the goods are:

Accepted Answer

A)  Sorted. 
B)  Put away. 
C)  Consolidated 
D)  Added to inventory 
E)  Dis-aggregated 
A)  Sorted. 
B)  Put away. 
C)  Consolidated 
D)  Added to inventory 
E)  Dis-aggregated

Question 5

Cycle counting uses which of the following methods?

Accepted Answer

A)  ABC method 
B)  zone method 
C)  location audit method 
D)  a and b only 
E)  all of the above 
A)  ABC method 
B)  zone method 
C)  location audit method 
D)  a and b only 
E)  all of the above

Question 6

In which order picking and assembly method is the order picker NOT confined to one location?

Accepted Answer

A)  Multi-order system 
B)  Zone system 
C)  Area system 
D)  Only in the area system and the multi-order system 
E)  They are confined to one location in all these systems 
A)  Multi-order system 
B)  Zone system 
C)  Area system 
D)  Only in the area system and the multi-order system 
E)  They are confined to one location in all these systems

Question 7

Which of the following is a principle of merchandise location in the warehouse?

Accepted Answer

A)  group functionally related items together 
B)  group physically similar items together 
C)  group fast-moving items together 
D)  all of the above 
E)  none of the above. 
A)  group functionally related items together 
B)  group physically similar items together 
C)  group fast-moving items together 
D)  all of the above 
E)  none of the above.

Question 8

Which of the following statements are true about warehouse operation?
I. The major operating cost is labor.
II. Labor productivity depends on warehouse layout.
III. Capital costs are those of transport and space.

Accepted Answer

A)  all the above 
B)  I and II only 
C)  I and III only 
D)  II and III only 
E)  I only. 
A)  all the above 
B)  I and II only 
C)  I and III only 
D)  II and III only 
E)  I only.

Question 9

Which of the following are advantages of cycle counting?
I. Timely detection and correction of problems.
II. Reduction of loss of production.
III. Making use of spare labor.

Accepted Answer

A)  all the above 
B)  I and II only 
C)  I and III only 
D)  II and III only 
E)  I only. 
A)  all the above 
B)  I and II only 
C)  I and III only 
D)  II and III only 
E)  I only.

Question 10

A simple method of determining when an item should be cycle counted is:

Accepted Answer

A)  count when the item is ordered 
B)  count each time the item is picked 
C)  count each item once per month 
D)  count items which have been in storage for a given period of time 
E)  count items which don't appear to be used often 
A)  count when the item is ordered 
B)  count each time the item is picked 
C)  count each item once per month 
D)  count items which have been in storage for a given period of time 
E)  count items which don't appear to be used often

Question 11

Which of the following is NOT a basic stock location system?

Accepted Answer

A)  group functionally related items together 
B)  locate all stock for fast access 
C)  group fast-moving items together 
D)  group physically similar items together 
E)  locate working stock and reserve stock separately. 
A)  group functionally related items together 
B)  locate all stock for fast access 
C)  group fast-moving items together 
D)  group physically similar items together 
E)  locate working stock and reserve stock separately.

Question 12

Which of the following is the best statement?

Accepted Answer

A)  a transaction occurs ONLY when goods are received or issued 
B)  the steps in a transaction system are: identify the goods, verify quantity, record the transaction, and physically execute the transaction 
C)  inventory is a tangible asset that is easy to lose track of unless properly controlled 
D)  a and b are true 
E)  b and c are true. 
A)  a transaction occurs ONLY when goods are received or issued 
B)  the steps in a transaction system are: identify the goods, verify quantity, record the transaction, and physically execute the transaction 
C)  inventory is a tangible asset that is easy to lose track of unless properly controlled 
D)  a and b are true 
E)  b and c are true.

Question 13

Which of the following techniques can be used to select items for cycle counting?

Accepted Answer

A)  count all items once a year. 
B)  count only "A" and "B" items 
C)  base the frequency of count on annual dollar usage 
D)  count all items the same number of times a year 
E)  make a random audit of the items. 
A)  count all items once a year. 
B)  count only "A" and "B" items 
C)  base the frequency of count on annual dollar usage 
D)  count all items the same number of times a year 
E)  make a random audit of the items.

Question 14

Which of the following is NOT a warehouse activity?

Accepted Answer

A)  receiving 
B)  identifying 
C)  dispatching 
D)  order picking 
E)  transportation. 
A)  receiving 
B)  identifying 
C)  dispatching 
D)  order picking 
E)  transportation.

Question 15

In a warehouse operation, which of the following is usually the largest capital cost?

Accepted Answer

A)  Labor 
B)  Space 
C)  Materials handling equipment 
D)  Damage and loss of goods 
E)  Management overhead 
A)  Labor 
B)  Space 
C)  Materials handling equipment 
D)  Damage and loss of goods 
E)  Management overhead

Question 16

In a cycle counting system A items are usually:
 I. expensive items
II. items which often experience imbalances
III. difficult to get items

Accepted Answer

A)  I only 
B)  I and II only 
C)  I and III 
D)  III only 
E)  all of the above 
A)  I only 
B)  I and II only 
C)  I and III 
D)  III only 
E)  all of the above

Question 17

Which of the following statements is best?

Accepted Answer

A)  inventory is typically stored only on the floor 
B)  a pallet position refers to which side of the pallet is loaded 
C)  accessibility means being able to get at the goods with a minimum amount of work 
D)  increasing cube utilization will increase accessibility 
E)  none of the above statements is true. 
A)  inventory is typically stored only on the floor 
B)  a pallet position refers to which side of the pallet is loaded 
C)  accessibility means being able to get at the goods with a minimum amount of work 
D)  increasing cube utilization will increase accessibility 
E)  none of the above statements is true.

Question 18

In a cycle counting system:

Accepted Answer

A)  all items are counted each month 
B)  item counts are determined by their ABC classification 
C)  the purpose is to correct inventory imbalances 
D)  count the A items first, then B's then C's 
E)  counts are done at the end of the business year 
A)  all items are counted each month 
B)  item counts are determined by their ABC classification 
C)  the purpose is to correct inventory imbalances 
D)  count the A items first, then B's then C's 
E)  counts are done at the end of the business year

Question 19

What type of storage system is best suited for a Just in Time environment?

Accepted Answer

A)  Zone method 
B)  Floating location 
C)  Central storage 
D)  Point-of-use storage 
E)  Bulk location storage 
A)  Zone method 
B)  Floating location 
C)  Central storage 
D)  Point-of-use storage 
E)  Bulk location storage

Question 20

Which of the following are true when cycle counting inventory?
I. Inventory should be audited for count and location.
II. Cycle counts can be scheduled at regular intervals or special times.
II. A good time to cycle count an item is when an order is placed.

Accepted Answer

A)  all the above 
B)  I and II only 
C)  I and III only 
D)  II and III only 
E)  I only. 
A)  all the above 
B)  I and II only 
C)  I and III only 
D)  II and III only 
E)  I only.

The three factors in good preparation for a physical inventory ar e.I. Housekeeping. II) Identification. III) Verification. IV) Training.

Which of the following statements is best?

Among other things a good physical control and security of inventory will depend on: I. A good part-numbering system. II) A well-trained work force. III) Free access to stock.

After picking the order and prior to shipment the goods are:

Cycle counting uses which of the following methods?

In which order picking and assembly method is the order picker NOT confined to one location?

Which of the following is a principle of merchandise location in the warehouse?

Which of the following statements are true about warehouse operation? I. The major operating cost is labor. II. Labor productivity depends on warehouse layout. III. Capital costs are those of transport and space.

Which of the following are advantages of cycle counting? I. Timely detection and correction of problems. II. Reduction of loss of production. III. Making use of spare labor.

A simple method of determining when an item should be cycle counted is:

Which of the following is NOT a basic stock location system?

Which of the following is the best statement?

Which of the following techniques can be used to select items for cycle counting?

Which of the following is NOT a warehouse activity?

In a warehouse operation, which of the following is usually the largest capital cost?

In a cycle counting system A items are usually: I. expensive items II. items which often experience imbalances III. difficult to get items

Which of the following statements is best?

In a cycle counting system:

What type of storage system is best suited for a Just in Time environment?

Which of the following are true when cycle counting inventory? I. Inventory should be audited for count and location. II. Cycle counts can be scheduled at regular intervals or special times. II. A good time to cycle count an item is when an order is placed.

Introduction to Materials Management

Production Planning System

Master Scheduling

Material Requirements Planning

Capacity Management

Production Activity Control

Purchasing

Forecasting

Inventory Fundamentals

Order Quantities

Independent Demand Ordering Systems

Physical Distribution

Products and Processes

Lean Production

Total Quality Management

Filters

Exam 12: Physical Inventory and Warehouse Management

The three factors in good preparation for a physical inventory ar e.I. Housekeeping. II) Identification. III) Verification. IV) Training.

Which of the following statements is best?

Among other things a good physical control and security of inventory will depend on: I. A good part-numbering system. II) A well-trained work force. III) Free access to stock.

After picking the order and prior to shipment the goods are:

Cycle counting uses which of the following methods?

In which order picking and assembly method is the order picker NOT confined to one location?

Which of the following is a principle of merchandise location in the warehouse?

Which of the following statements are true about warehouse operation? I. The major operating cost is labor. II. Labor productivity depends on warehouse layout. III. Capital costs are those of transport and space.

Which of the following are advantages of cycle counting? I. Timely detection and correction of problems. II. Reduction of loss of production. III. Making use of spare labor.

A simple method of determining when an item should be cycle counted is:

Which of the following is NOT a basic stock location system?

Which of the following is the best statement?

Which of the following techniques can be used to select items for cycle counting?

Which of the following is NOT a warehouse activity?

In a warehouse operation, which of the following is usually the largest capital cost?

In a cycle counting system A items are usually: I. expensive items II. items which often experience imbalances III. difficult to get items

Which of the following statements is best?

In a cycle counting system:

What type of storage system is best suited for a Just in Time environment?

Which of the following are true when cycle counting inventory? I. Inventory should be audited for count and location. II. Cycle counts can be scheduled at regular intervals or special times. II. A good time to cycle count an item is when an order is placed.

Introduction to Materials Management

Production Planning System

Master Scheduling

Material Requirements Planning

Capacity Management

Production Activity Control

Purchasing

Forecasting

Inventory Fundamentals

Order Quantities

Independent Demand Ordering Systems

Physical Distribution

Products and Processes

Lean Production

Total Quality Management

Filters