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NEW QUESTION # 30
A distribution system in which freight moves in and out of a distribution center or point without ever being stored there is referred to as:
- A. Disembarking
- B. Mild-wharfing
- C. Water-fronting
- D. Cross-docking
Answer: D
NEW QUESTION # 31
Items under review are classified in one of the following risk categories EXCEPT?
- A. Non-critical items
- B. Bottleneck items
- C. Leveraged items
- D. Operational items
Answer: D
NEW QUESTION # 32
Applying the value of existing equipment against the purchase of new is referred to as:
- A. Bidding
- B. Equipment sales
- C. Action
- D. Trade-in
Answer: D
NEW QUESTION # 33
The adaptation which responds
to the needs
of the
organization by using a combination of functional, matrix and projectized structures is known as:
- A. Crude structure
- B. Natural structure
- C. Organic structure
- D. Inorganic structure
Answer: C
NEW QUESTION # 34
The mean of at least two recent periods of demand data is the basis for the next period's demand forecast is the description of which quantitative forecast method?
- A. Weighted moving average
- B. Naive forecast
- C. Exponential smoothing forecast
- D. Simple moving average
Answer: D
NEW QUESTION # 35
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