Knowledge quiz

It's time to put what you've learned to the test, get 8 right to pass this unit.

1.

What is the sequence of the inventory planning functions?

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2.

What are the cycle stock key drivers?

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3.

What are two important questions to characterize and to define the safety stock?

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4.

What are the pipeline stock key drivers?

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5.

Which of the following inputs is mandatory for the calculation of recommended safety stock?

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6.

Why are periods between reviews (PBRs) important for the inventory planning process?

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7.

A new salesperson joins the firm, decreasing forecast accuracy. Which type of inventory is most impacted?

There are three correct answers.
8.

An order cycle changes from once per week to once per month. Which type of inventory is most impacted?

There are two correct answers.
9.

A supplier moves further away, increasing physical lead time. Which type of inventory is most impacted?

There are two correct answers.
10.

What is the safety stock in this model when there is zero variability?

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