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</p> Signup and view all the answers

    Which of the following is considered a safety inventory?

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

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

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

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

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

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

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

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

    <p>Manufacturing</p> Signup and view all the answers

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