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

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

SIM. How many independent variable(s) do we have in the above statement?

SIM. Long time forecasting is the one that span through several…………

SIM. A production category system where products are made to satisfy a specific order and always in a small lot size and custom in nature is called……………….

SIM.   An inventory whereby the components goes directly into assemblage of final products and from different manufacturers is called ………………….

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

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

What is the value of safety stock using First in first out (FIFO) principle at the end of June?

SIM. What is the cost of holding the raw materials used in production?

SIM. A warehouse where human muscular power is replaced by machines such as fork lift is called ….

SIM. What type of model is this Y=a + bX?

SIM. A production system where the same types of products are manufactured to meet continuous demand for the product which is not demand responsive and in large quantity is called ………..

SIM. In a partnership under the Partnership Act 1890, the partners:

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

SIM. The aim of the warehousing is to provide necessary storage at a key point in supply chain, giving secure storage of needed materials, keeping them in good condition with little damage or loss with ………………………………. and ………………………………

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

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

SIM. What is the most essential factors that influence effective use of a warehouse?

SIM. A production system of manufacturing a number of identical articles either to meet a specific order or demand or to meet a continuous demand which is demand responsive is called……..

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

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

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

SIM. In warehousing facilities structure and ownership, there are several types of warehousing structures, what are these?

SIM. One of these is not a subjective method of forecasting into the future?

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

SIM. Typical form of a warehouse includes the following except……………….

SIM. What are the reasons individual and/or organization keep inventory?

SIM. The basic building block to Inventory Management includes all but

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

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

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

SIM.  How many variables do we have in the above statement?

SIM. Car engine oil is an example of ……………………… stock

SIM. All are types of partnership except…….. ….

SIM. The most important and critical key asset in warehousing is .……….

SIM. A warehouse will do the following except ………………..

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

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

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

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

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

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

SIM. A correlation coefficient can vary between?

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

SIM. The key warehousing assets includes the following except ……….

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

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