Managing Manufacturing Business Quiz

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Questions and Answers

What is another term for stock?

  • Stopped
  • Inventory (correct)
  • Old
  • Soup

What is the transformation process of raw materials into finished goods called?

  • Service
  • Merchandising
  • Virtual service
  • Manufacturing (correct)

Which of the following are inventories held in operations of a hotel business?

  • Toilet items (correct)
  • Automotive parts
  • Drugs
  • Blood

What would a television manufacturer not hold as inventory?

<p>Beddings (D)</p> Signup and view all the answers

Which of the following is considered a safety inventory?

<p>Buffer inventory (C)</p> Signup and view all the answers

What type of inventory is held in anticipation of expected demand fluctuation?

<p>Anticipation inventory (A)</p> Signup and view all the answers

What items would be considered as inventories held in operations of a hotel business?

<p>Toilet items (D)</p> Signup and view all the answers

What is the term for additional inventory stored to meet expected demand fluctuation?

<p>Anticipation inventory (D)</p> Signup and view all the answers

What type of inventory is considered as a safety measure against unexpected fluctuations in supply and demand?

<p>Buffer inventory (D)</p> Signup and view all the answers

What do you call the transformation process of raw materials into finished goods?

<p>Manufacturing (D)</p> Signup and view all the answers

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