WorksheetsChap 5 + 6
Total questions: 9
Worksheet time: 6mins
What is the equation for Average amount of floor space required during the life of a storage lot?
The average number of storage rows is: (since the sum of the intergers 1 through n-1 equals n(n-1)/2)
After we take derivative of the equation here, what will we get?
When will this equation exist?
When Q is very large
When Q is very large and safety stock (s) exists
When Q is very small
When Q is very small and safety stock (s) exists
Which is one of Key Costs's main type?
Value added cost
Handing Cost
Storage Cost
Variable Cost
Which one is not included in fixed costs?
Repairs and maintenance
Rent and/ or rates
Depreciaiton on the assets
Heat power and light
Which is not included in Variable costs?
Insurance on goods/ products
Insurances on the premises/ building
Overtime wage costs
Running costs of equipment
Which component costs typically costs the least for a normal warehouse handling goods, received and stored on pallets, with case picking by pallet truck and despatch on pallets?
Labor
Equipment
Space
What are the most expensive activities in Labor?
Receiving
Picking
Put Away
Despatching
Other
