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Which of the following should be considered when an organisation plans for disposing obsolescent and redundant stock? Select TWO that apply.
Which of the following should be considered when an organisation plans for disposing obsolescent and redundant stock? Select TWO that apply.A . Financial costsB . Economic order quantityC . ABC analysisD . Takt timeE . Environmental issuesView AnswerAnswer: A, E Explanation: If the planning and mitigation measures fail and redundant...
Which one of the following statements is true about radio frequency identification (RFID)?
Which one of the following statements is true about radio frequency identification (RFID)?A . RFID tags require laser scanning.B . A passive RFID tag does not use an antennaC . An active RFID tag does not require a power sourceD . Normally passive RFID tags store ID numbersView AnswerAnswer: D...
Do all types of warehouses require access to daylight to reduce the cost of electricity?
Do all types of warehouses require access to daylight to reduce the cost of electricity?A . No, because only ventilation can help to reduce the humidity in the warehouseB . No, because some types of stock are sensitive to sunlightC . Yes, because sunlight sterilises inventories in damp conditionsD ....
Which pricing structure is the company using?
An electricity company charges its customers monthly fee for access and a usage fee for consumption of electricity. Which pricing structure is the company using?A . Fixed pricingB . Multi-part pricingC . Dynamic pricingD . Freemium PricingView AnswerAnswer: B Explanation: Multi-part pricing. The transaction price is calculated from using two...
Which type of codes can a barcode laser scanner (linear scanner) read?
Which type of codes can a barcode laser scanner (linear scanner) read?A . Numerical codeB . QR codeC . Aztec codeD . 1D barcodeView AnswerAnswer: D Explanation: One-dimensional (or 1D) barcodes systematically represent data by varying the widths and spacings of parallel lines. These include some of the most traditional...
Which of the following best describes the net material requirements?
One of the important outputs of an MRP system is the material requirement plan. This plan shows the net requirements for materials or components to make the final product. Which of the following best describes the net material requirements?A . Gross requirements + on-order - Inventory on-handB . On order...
The costs for testing are generally classified as...?
A major investment bank is planning to purchase a complex banking system that will interface with multiple applications at varying times of the day. Before deploying the system, there are various levels of testing that must be performed through joint testing between the in-house team and off-shore testing consultants. The...
The ABC approach involves classifying inventory items by unit cost, with expensive items classified as ‘A' items and low cost items classified as ‘C' items. Is this statement true?
The ABC approach involves classifying inventory items by unit cost, with expensive items classified as ‘A' items and low cost items classified as ‘C' items. Is this statement true?A . Yes, 'A' items represent approximately 20% of total unit pricesB . Yes, 'C' items with the lowest unit prices are...
Which component of an RFID device is responsible for sending and receiving radio waves?
Which component of an RFID device is responsible for sending and receiving radio waves?A . Network databaseB . Laser beamC . Integrated circuitD . AntennaView AnswerAnswer: D Explanation: RFID tags are made of three different components: an RFID chip, which is an integrated circuit (IC), an antenna, and a substrate....
Which acceptance test activity will be required to check whether the new software integrates well with current IT system?
A hospital is purchasing a new software product that will advise nurses when to give medications to hospitalised patients. This is a mobile application that will be used on tablets carried by the nurses. The software is being developed and tested by a company that specialises in mobile medical applications....
