L4M7 Whole Life Asset Management Recap Week 1

What type of analysis is this...

Percentage turnover per week of each item stored

• Qualitative

• Percentage

• Quantitative

• KPI

Which would result in longer delivery journeys; a single, few or multiple warehouses

• Single

• Few

• Multiple

Advantages of a single storey facility. Choose TWO that apply...

• Ease of Access

• Limited Space

• Land Use

• Cost effective construction

In a premium location where land is expensive, a single floor warehouse is the most economical storage option. True or False

• True

• False

Answer explanation

FALSE

Multiple floors maximise use of land.  However, stairs and lifts add to costs, use up space and require maintenance and some handling equipment is only suitable for use on ground floor levels.

Zoning can be defined as allocating areas of a storage space to specific items dependent upon requirements such as access, volume, conditions or stock characteristics

• True

• False

Which of the following explains the role of docks in a warehouse layout

• The provide an area for staff which is safe from forklift operations

• They provide space for items that are awaiting checking and entering stock

• They provide easy access to load and unload vehicles

• They provide room for packing and unpacking goods

Which of the following summarises the main methods used to base decisions about storage facilities and locations

• Cost per square metre, size of premises, locations of customers and suppliers

• Competitor analysis, detailing locations and costs with the objective of matching

• A systematic review of all stock held and cost per order trend calculations

• A qualitative and quantitative analysis of requirements and option comparisons

An Org may choose a local warehouse structure. Which of the following situations does this fit...

• Where the Org requires a solution with the lowest total volume of stock

• Where the Org needs immediate stock availability close to customers

• Where the Org would benefit from automation

• Where the Org wishes to reduce "out of stock" situations from additional demand

An integrated warehouse is...

• a storage facility that only holds perishable goods and operates solely during the summer months

• a warehouse on the same site as production or sales operations

• a type of warehouse that exclusively uses manual labour for all operations, avoiding any form of automation or technology.

• a facility that is designed to store only hazardous materials and is located in remote areas far from any urban centres

How large an area is usually handled by a centralised warehouse

• Country

• National

• Local

• Regional