Introduction to Inventory Management

True/False: Inventories only impact companies

• True

• False

Complete( one word): Without inventories, ___________ capacities are limited.

True/False: a quarter of the logistics costs, according to the video, are related to inventories

• True

• False

True/False: According to the video, eighty percent of the costs in the economy are attributed to logistics

• True

• False

True/False: Cost of poor customer service, can be understood as the opportunity cost when the inventory is not well controlled and the customer does not find the quantities or references he needs.

• True

• False

True/False: The two keys to determining how much inventory to have with efficiency and effort

• True

• False

True/False: Efficiency, in inventories, focuses on minimizing costs according to decisions or strategies

• True

• False

True/False: Efficiency focuses on guaranteeing the service of providers

• True

• False

True/False: Variable demand models are classified into multiple order and single order

• True

• False

True/False: Known demand models are classified into dependent and intelligent demand.

• True

• False