Question 1

Which of the following are the benefits of using warehouse automation? Select TWO that apply

Options :

A : Reducing labour cost

B :

Increasing the labour intervention

C : Increse the hours of labour training

D : Reducing investment in technologies

E : Improving safety and efficiency

Answer: A

Question 2

Warehouse automation involves the use of technology to perform as many warehousing tasks as possible. There are several benefits that can be gained by using automation in a warehouse. They are...

Options :

A : Maintenance costs, downtime due to malfunction, investment costs, and reduced flexibility

B : Decreased speed, increasing cost, improved efficiency, and maximising space

C : Reduced customer service, reduced picking errors, reduced accidents, and minimised space utilisation

D : Increased speed, decreasing cost, improved efficiency, and maximised space

Answer: D

Question 3

Which of the following is the formula for calculating the re-order level?

Options :

A : Average usage in a lead-time / Required level of safety stock

B : Average usage in a lead-time + Required level of safety stock

C : Required level of safety stock x Average usage in a lead-time.

D : Required level of safety stock – Average usage in a lead-time

Answer: B

Question 4

A big investment bank wants to buy a complex banking system that will work with different applications at different times of the day. The system needs to pass various tests by the in-house team and off-shore testing consultants together. The tests will be done in a shared environment with limited resources and overseen by the on-shore development team. The costs for testing are generally classified as...?

Options :

A : Purchase prices

B : Maintenance costs

C : Insurance

D : Acquisition costs

Answer: D

Question 5

David is required to include stock turnover ratio in the report. Which of the following should be collected to calculate the rate? Select THREE that apply

Options :

A : Discounted rate

B : Delivery schedule

C : Net purchase

D : Closing stock

E : Lead time

F : Opening stock

Answer: A,C,D