Reduce inventory costs thereby reducing operations costs

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Reference no: EM131672470

1. Which of the following would reduce inventory costs thereby reducing operations costs?

A. Increasing inventory dollar days

B. Increasing inventory turnover

C. Increasing order lead time

D. Increasing safety stock

2. Which of the following is NOT a way of reducing the costs of operations through adopting lean concepts?

A. Reducing or eliminating over-production waste

B. Reducing or eliminating process reengineering waste

C. Reducing or eliminating transportation waste

D. Reducing or eliminating inventory waste

Reference no: EM131672470

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