MGT613 Quiz 4 by Iqra Azhar

MGT613 · Quiz No.4 Jan 2026 · VU Zone | Iqra Azhar Official · Our Services

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90% To 100% Marks

Q1. The optimal order quantity shows a trade-off between which one of the following sets of costs?

o Carrying costs and setup costs

o Carrying costs and ordering costs Correct

o Carrying costs and stock out costs o Carrying costs and shortage costs

2. In _________ sampling, one random sample is drawn from each lot

o Double o Multiple

o Single Correct

Q3. Which of the following is an example of an output of aggregate planning?

o Demand forecast o Projected inventory Correct o Facilities layout o Overtime cost

Q4. Which one of the following is a formula to compute annual carrying cost?

o (Q-2)H o (Q×2)/H o (Q/2)H Correct o (Q+2)H

5. The main advantage of holding the inventory mainly in the manufacturing organizations is: o Reduced obsolescence o Greater availability Correct o Improved quality o Material handling reduced