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NEW QUESTION: 1
Which of the following inventory items would be the most frequently reviewed in an ABC inventory control system?
A. Expensive, frequently used, low stock-out cost items with long lead times.
B. Expensive, frequently used, high stock-out cost items with short lead times.
C. Expensive, frequently used, high stock-out cost items with long lead times.
D. Inexpensive, frequently used, high stock-out cost items with long lead times.
Answer: C
Explanation:
The ABC system is a method for controlling inventories that divides inventory items into three groups: Group A -- high-monetary value items, which account for a small portion perhaps 10%) of the total inventory usage Group B -- medium-monetary value items, which may account for about 20°10 of the total inventory items
Group C -- low-monetary value items, which account for the remaining 70% of sales or usage The ABC system permits the proper degree of managerial control to be identified and exercised over each group. Group A items are reviewed on a regular basis. Group B items may not have to be revered as often as group A items, but more often than group C items. For group C, extensive use of models and records is not cost effective. It is cheaper to order large quantities infrequently. The ABC method therefore reduces the safety-stock investment because high-value items are frequently monitored and medium-value items are monitored more often than inexpensive items. Frequent review can prevent stockouts and decrease inventory levels, and the cost of such review is minimized if it is limited to high- or mediumvalue items.
NEW QUESTION: 2
View the exhibit.
A user behind the FortiGate is trying to go to http://www.addictinggames.com (Addicting Games). Based on this configuration, which statement is true?
A. Addicting.Games can be allowed only if the Filter Overrides actions is set to Exempt.
B. Addicting.Games is allowed based on the Application Overrides configuration.
C. Addicting.Games is blocked on the Filter Overrides configuration.
D. Addcting.Games is allowed based on the Categories configuration.
Answer: B
NEW QUESTION: 3
Which of the following statements most accurately describes predictive dialing?
A. This system is programmed to dial numbers and connect the called party to a telephone services representative.
B. This system answers a company's telephones.
C. This system manages incoming telephone calls to route them to the appropriate service representative.
D. This system translates spoken language into data for entry in computer databases and other applications.
Answer: A
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