Where should the steel of the bicycle bells be stored to prevent rust before reaching the production line?

• In a dry area

• In a humid area

• Near the production line

• In an open space

As well as purchase costs, stock also costs money to:

• store

• keep

• move

• dispose of

What precautions should be taken to keep carrots from going bad during transport, handling, and storage?

• Store carrots in a cool, dry place.

• Expose carrots to direct sunlight.

• Keep carrots in a humid environment.

• Transport carrots without any packaging.

Which of the following parts of a car are typically controlled by a separate microprocessor/controller?

• Engine Control Unit (ECU)

• Air Conditioning System

• Brake System

• Radio System

What is another word for stock?

• Inventory

• Bond

• Share

• Supply

Some stock requires environmental control during storage and transportation. What conditions might be required to keep perishable foodstuffs fresh?

• High temperature and low humidity

• Low temperature and high humidity

• Low temperature and low humidity

• High temperature and high humidity

Which type of stock can be described as "the basic materials from which products are made"?

• Raw materials

• Finished goods

• Work-in-progress

• Consumables

As well as the amount to purchase, what other four costs are associated with stock?

• Storage costs, insurance costs, handling costs, and obsolescence costs

• Marketing costs, transportation costs, legal costs, and administrative costs

• Production costs, labor costs, utility costs, and maintenance costs

• Research costs, development costs, testing costs, and distribution costs

The use of computers has helped with stock control by:

• Increasing manual errors

• Improving accuracy and efficiency

• Decreasing data storage capacity

• Slowing down the process

What are the advantages of using barcodes on stock items?

• Improved inventory management

• Increased manual errors

• Slower checkout process

• Higher operational costs