Chapter 3 IET 415/ENM525

Safety inventory helps to minimize the probability of lost sales

Carrying too much safety inventory adds to inventory holding cost

Average amount of inventory used to satisfy demand between supplier shipments is

High levels of inventory help to be less responsive

Inventory held in case demand exceeds expectations is

The period between the point at which material enters the SC to the point at which it exits

___ are used to briefly store products from incoming trucks, consolidate and load them directly into outbound trucks

Seasonal inventories are held in case demand exceeds expectations

The time when cash enters the process as a cost to when it returns as collected revenue is called

If throughput = 1000 units, material flow time = 50 days, What is the inventory level?

Increasing inventory generally makes the supply chain more responsive

A higher level of inventory, decreases inventory holding cost

Inventory built up to counter predictable variability in demand

Which of the following is NOT an "inventory-related metric?

All of the following are drivers of supply chain performance, except?