Safety stock buffer stock - Study guides, Class notes & Summaries
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Module 2 SCM 300 DAVILA ASU SCM 300 Arizona State University -Question and answers verified to pass
- Exam (elaborations) • 18 pages • 2024
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Module 2 SCM 300 DAVILA ASU SCM 300 Arizona State University -Question and answers verified to pass Inventory - correct answer The items that are owned by a company for the purpose of present or future sales or for use in day-to-day operations 
 
Lead time - correct answer The period of time between when an order is placed and when the order is received 
 
Lot size - correct answer An accepted order size 
 
Demand forecasting - correct answer A predictive analysis and/or estimation of co...
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CIPS L4M7 Whole Life Asset Management Exam Questions And Answers
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CIPS L4M7 Whole Life Asset Management Exam Questions And Answers 
 
 
 
 
Types of Stock 
Opening Stock 
Raw Materials 
Secondary Components 
Work in Progress 
Finished Goods 
Safety/Buffer Stock 
Stockout 
Causes of Obsolescence 
Technical Change 
Cultural Change 
Legislation 
Causes of Redundancy 
Poor Forecasting if Demand 
Cancelled Orders due to Poor Relationship 
Overstocking/Poor Stock Control 
Change to Internal Policy 
Triple Bottom Line 
People 
Profit 
Planet 
Inventory Code Types 
N...
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Operations Inventory Control Part 1 - The Basic FOQ Model || All Questions Answered Correctly.
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We model inventory to help us answer 2 questions: correct answers 1) how do we know how much to buy, the "Q" called the optimal/economic/fixed order "Q" 
2) how do you know when you should buy, a question of what when your inventory falls when you should place an order 
 
3 Types of Inventory correct answers 1) Raw Material 
2) Work in Process (WIP) 
3) Finished Goods 
 
Raw Materials correct answers inventory which hasn't yet undergone any transformation 
- significant issue if you need ...
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CSCP Module 1 Latest Update Graded A+
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CSCP Module 1 Latest Update 
 
Graded A+ 
 
Decoupling Creating independence between supply and use of material. Commonly denotes 
providing inventory between operations so that fluctuations in the production rate of the 
supplying operation do not constrain production or use rates of the next operation. 
 
gross margin The difference between total revenue and cost of goods sold 
 
optimization Achieving the best possible solution to a problem in terms of a specified 
objective function. 
 
cycl...
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CIPS L4M7 Whole Life Asset Management Exam With Complete Solutions
- Exam (elaborations) • 9 pages • 2024
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CIPS L4M7 Whole Life Asset Management 
Exam With Complete Solutions 
Types of Stock 
Opening Stock 
Raw Materials 
Secondary Components 
Work in Progress 
Finished Goods 
Safety/Buffer Stock 
Stockout 
Causes of Obselence 
Technical Change 
Cultural Change 
Legislation 
Causes of Redundancy 
Poor Forecasting if Demand 
Cancelled Orders due to Poor Relationship 
Overstocking/Poor Stock Control 
Change to Internal Policy 
Triple Bottom Line 
People 
Profit 
Planet 
Inventory Code Types 
Numerical ...
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CIPS L4M7 Whole Life Asset Management Exam Questions and Answers 100% Pass
- Exam (elaborations) • 6 pages • 2024
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CIPS L4M7 Whole Life Asset Management Exam With Complete Solutions
- Exam (elaborations) • 9 pages • 2024
- Available in package deal
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- $11.49
- + learn more
CIPS L4M7 Whole Life Asset Management 
Exam With Complete Solutions 
Types of Stock 
Opening Stock 
Raw Materials 
Secondary Components 
Work in Progress 
Finished Goods 
Safety/Buffer Stock 
Stockout 
Causes of Obselence 
Technical Change 
Cultural Change 
Legislation 
Causes of Redundancy 
Poor Forecasting if Demand 
Cancelled Orders due to Poor Relationship 
Overstocking/Poor Stock Control 
Change to Internal Policy 
Triple Bottom Line 
People 
Profit 
Planet 
Inventory Code Types 
Numerical ...
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CIPS L4M7 Whole Life Asset Management questions with complete solutions 2024/2025
- Exam (elaborations) • 6 pages • 2024
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CIPS L4M7 Whole Life Asset Management questions with complete solutions 2024Causes of Obsolescence - correct answer Technical Change 
Cultural Change 
Legislation 
 
2D Barcode - correct answer 
 
Types of Stock - correct answer Opening Stock 
Raw Materials 
Secondary Components 
Work in Progress 
Finished Goods 
Safety/Buffer Stock 
Stockout 
 
Causes of Obselence - correct answer Technical Change 
Cultural Change 
Legislation 
 
Causes of Redundancy - correct answer Poor Forecasting if D...
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CIPS L4M7 Whole Life Asset Management Exam With Complete Solutions
- Exam (elaborations) • 9 pages • 2024
- Available in package deal
-
- $10.49
- + learn more
CIPS L4M7 Whole Life Asset Management 
Exam With Complete Solutions 
Types of Stock 
Opening Stock 
Raw Materials 
Secondary Components 
Work in Progress 
Finished Goods 
Safety/Buffer Stock 
Stockout 
Causes of Obselence 
Technical Change 
Cultural Change 
Legislation 
Causes of Redundancy 
Poor Forecasting if Demand 
Cancelled Orders due to Poor Relationship 
Overstocking/Poor Stock Control 
Change to Internal Policy 
Triple Bottom Line 
People 
Profit 
Planet 
Inventory Code Types 
Numerical ...
-
CIPS L4M7 Whole Life Asset Management Solved 100% Correct!!
- Exam (elaborations) • 8 pages • 2024
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- $12.49
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CIPS L4M7 Whole Life Asset Management Solved 100% Correct!! 
 
Types of Stock 
Opening Stock 
Raw Materials 
Secondary Components 
Work in Progress 
Finished Goods 
Safety/Buffer Stock 
Stockout 
Causes of Obselence 
Technical Change 
Cultural Change 
Legislation 
Causes of Redundancy 
Poor Forecasting if Demand 
Cancelled Orders due to Poor Relationship 
Overstocking/Poor Stock Control 
Change to Internal Policy 
Triple Bottom Line 
People 
Profit 
Planet 
Inventory Code Types 
Numerical 
Alpha...
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