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WorksheetsProcurement Final Test
Total questions: 20
Worksheet time: 3600secs
The solution of bullwhip effect is
Naïve
3 month moving average
Increase DeMond
More activity of supply
High responsiveness =
Low cost
High cost
Good cost
Effective cost
-is example on trend DeMond
I phone 13
Book mac
Dell laptop
I phone 15
Relation with the supplier must be
Short term
Long term
Win-lose situation
Lose-win situation
Sugar is ………..DeMond
Rondam
Cycle
SESONALITY
Trend
Negotiating, buying, and developing contracts is one of
Procurement function
Logistics function
Planning function
Marketing team
Qualtitave method using in
Current market
New market
Current product
New company
Factors in buyers' decisions
Number of compotators
The total lead time to finish the order
Number of retail outlets
Behaver of salesman
Procurement plan is
Strategic plan
Mid term plan
S & op
Operation plan
All row material available using in ............. "select all available"
mts
eto
ato
mto
In phase out in life cycle we use …........
mts
mto
eto
ato
Procurement is important in business because
Directly impacts a company's profit
Getting more items
Products with long expiration date
Improve the quality of the product
A B C IS ONE OF
English letters
Inventory classification
Inventory level
Inventory quantity
Identifying suppliers is part of
Procurement cycle
Purchasing cycle
Sales cycle
Logistics cycle
Clearly stated and recognized in the contract between the parties
Implied terms in the contract
Express terms in the contract
Hiring terms in the contract
Last terms in the contract
Acquisition costs:
Order quantity × unit cost
Order quantity / unit cost
Order quantity - unit cost
% of cost
Turnover formula is:
Cost of good sold / average of inventory
Cost of good sold / total inventory
Sourcing
Contract
The cost of packaging is part of
Warehouse cost
Purchasing cost
Marketing cost
The total cost of purchasing
Ordering quantity for an item of stock that minimizes cost. Used in
E o q
A b c
Order demond
Order cost
Safety stock increases as
The uncertainty increase
Procurement
Purchasing
Negotiation
