REGISTER TO START YOUR EXAMINATION

SIM. Categories of stocks that are base on timing of use are called………………..

SIM.   What is the observable or number of cases in the statement?

SIM. The major player in a supply chain are …………………

SIM. The easiest arrangement of warehouse to imagine where all activities are controlled by human muscular power is referred to as ……….

SIM. A Bought-Out-Part inventory is that goes directly into

Which of the following is not an attribute of the legal personality of a registered company?

SIM. A correlation coefficient can vary between?

SIM. An item is a ………….. product kept in the stock

SIM.   ……………… is the computation and mathematical adjustment on how organization scheduled and finalized operational activities

SIM. A cycle stock is a sequential and continuous replenishment of stock involving ……… stages.

SIM. When you make a decision to run your business as a sole trader, this means:

SIM. What type of model is this Y= a + b₁X_{1 +} b₂X₂?

SIM. The problems with Materials Requirement Planning can be as a result of the following except?

SIM. Who are organization internal customers………………..

SIM.   Advantages of central storage include ……………….

SIM. Companies undertake Enterprise Resources Planning (ERP) for the following reason(s)……….

SIM.  What is the value of stock out of Sandal?

SIM. The solution to the concept of inventory problems dealt with two aspect………… and ………….

SIM. What is the difference between inventory management and warehousing?

SIM. Categories of stocks that are base on usage are called………………..

SIM. The objectives of a warehouse are as follow ………………..

SIM. Categories of stocks that are used without seeing the stock in the final product is called………..

SIM. A warehouse location system where cube utilization is not being practice is known as……….

SIM. All of the models are objective forecasting techniques except?

SIM. An item or materials put to manufacturing system is called………………

SIM.  The concept of limited liability in relation to a company means:

SIM. What is the value of safety stock using Last in first out at the end of June?

SIM. A unit of a stock is the …………………..  size or quantity of an item.

SIM. Pipeline inventory is the inventory kept while work is ongoing or item on …………….?

SIM. Characteristics of Manpower as a key asset in warehouse are …………..

SIM. Enterprise Resource Planning promises one database, one application and ……….

SIM. The following is an example of benefit output of a MRP except………………….

SIM. The most crucial and critical information used in Materials Requirement Planning is ……….

SIM. The order point in a KPI flow chart is the summation of safety stock and …………….

SIM. Definition of Inventory among other things makes use of the following phrases?

SIM. Key Performance Indicator in warehousing practice includes the following except……...

What is the ordering cost per unit per month of materials used in production of Sandal?

SIM.   What are the factors that influence effective use of a warehouse?

The unit cost of producing LAIDE sandal includes the following cost, N200 for holding the raw materials in the warehouse and N60, N20, and 80N for loading, telephoning, invoicing respectively. If the unit in the warehouse is 2,500 and also at a point in time there is a stock of 600 sandal at the rate of N3400. Use this information to answer the question below and the next three.

What is the ordering cost of the materials used in production?

SIM. The subjective method of forecasting that relied on historical books like Bible and Quran is called ………………….

SIM. The production of automobile like Toyota Mercedes Benz and so on fall into what categories of production system ………..

SIM. A laptop is an example of a warehouse because………………..

LM. USE THIS EQUATION  TO ANSWER THE NEXT FIVE QUESTIONS

The production of Peak Milk for the past 15 years between year 2000 and 2014, was reflected with the multiple regression model, Y = 3.12 + 0.75X₁ + 0.52X₂ + 0.84X_3. Hence, use the above information to answer question 8 to 12.

The production of milk in year 2030 when X₁ = 215, X₂ = 308 and X₃ = 178

SIM. What is the value of opening stock for the beginning of July?

SIM. The engagement of Automated Guided Vehicle in overcoming long distance and high altitude in the warehouse is termed …………………..

SIM. Cube utilization and accessibility as to do with ……….

SIM. Operational planning that imbibed simple schedule rules with order of arrival is called ……….

SIM.  Just in case inventory is referred to a situation where the ……........ and ………. at …………. lead time

SIM. A correlation coefficient of 0.98 implies a ………………….

SIM. Which of the following is not a difference between a public and a private limited company?