Systems Support Manager (MIS) Question:
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Average inventory level is reduced by

A. decreasing the vendor lead time
B. increasing the usage rate
C. decreasing the order quantity
D. lowering the reorder point
E. None of the above

Answer:

C. decreasing the order quantity

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_____ is the use of a model in an attempt to identify and/or reflect the behaviour of a real person, process, or system.

A. master
B. decision
C. plan
D. simulation
E. None of the above		Production machines were first controlled by the computer by means of

A. punched cards
B. punched paper tape
C. magnetic tape
D. magnetic cards
E. None of the above