- (Topic 3)
Which of the following performance indicators can be used to measure the effectiveness of a vendor-managed inventory program?

1. A. Number of inventory receipts
2. B. Inventory usage
3. C. Inventory returns
4. D. In-stock rate

Correct Answer: D

- (Topic 3)
A company has revenues of $100,000, which includes 10% supply chain expense and 80% other expenses. Which of the following actions will result in the largest increase in gross profit?

1. A. Increase sales by 25%.
2. B. Increase sales by 10% and reduce supply chain expense to 8%.
3. C. Increase sales by 15% and reduce supply chain expense to 9%.
4. D. Reduce supply chain expense to 5%.

Correct Answer: :D

- (Topic 2)
The demand side of a traditional warehouse management system primarily is concerned with:

1. A. receiving incoming goods.
2. B. assigning storage locations.
3. C. assembling outbound orders.
4. D. forecasting product demand.

Correct Answer: C