Deal with the complexity of inventory management

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Reference no: EM132195680

1. Which of the following is a widely used method or model to minimize waste and deal with the complexity of inventory management?

Just-in-time (JIT) management system

Inventory holdback system

Timely inventory system

Stock shortage management system

2. Which of the following is the term for items that you hand off to a client or management for review and approval and that must be produced to complete a project or part of a project?

Scopes

Deliverables

Resources

Portfolios

3. A numerical calculation that is derived utilizing a data visualization system is referred to as which of the following?

Numvalue

Numsort

Aggregation

Dimension

4. FlashX company sells hi-end video games to consumers via the internet, each at a price of $75. It buys each game at a cost of $45, and it incurs another $5 per unit in distribution expenses. If FlashX incurs fixed overhead expenses per year of $2.1 million how many units does it need to sell in order to break even?

a) 70,000

b) 65,000

c) 52,500

d) 28,000

e) 84,000

Reference no: EM132195680

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