8/19/25, 12:26 AM Test Taker Report
16082025 EPGP17 SEC B OM QUIZ 2
Arpita Srivastava | 16 Aug 2025
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8/19/25, 12:26 AM Test Taker Report
Test Name::
16082025 EPGP17 SEC B OM QUIZ 2
Test Finish Time: August 16, 2025 03:40:01 PM IST
Arpita Srivastava
AS
[email protected]
Test-Taker ID: - 149470454
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8/19/25, 12:26 AM Test Taker Report
Q.
Time taken: 52s
1
Question 1
Marks Scored: 1/1
Question
Consider the following product structure:
If the demand for product A is 100 units, how many units of item E will be needed?
Response
OPTIONS RESPONSE ANSWER
200
100
300
600
None of the above
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Q.
Time taken: 40s
2
Question 2
Marks Scored: 0/1
Question
Consider the following product structure:
The item ‘D’ in the above tree may represent which of the following:
Response
OPTIONS RESPONSE ANSWER
A. Raw material
B. Component
C. Both A and B
D. Neither A nor B
E. None of the above
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8/19/25, 12:26 AM Test Taker Report
Q.
Time taken: 57s
3
Question 3
Marks Scored: 1/1
Question
Which of the following generates pressure to increase inventories?
Response
OPTIONS RESPONSE ANSWER
inventory holding costs
ordering costs
storage and handling costs
taxes and insurance
Q.
Time taken: 1m 33s
4
Question 4
Marks Scored: 0/1
Question
Which of the following generates pressure to decrease inventories?
Response
OPTIONS RESPONSE ANSWER
inventory shrinkage costs
backorders and stockouts
transportation costs
quantity discounts
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Q.
Time taken: 1m 29s
5
Question 5
Marks Scored: 0/1
Question
-----------------------items are those items for which demand is influenced by market conditions and is not related to
inventory decisions for any other items held in stock.
Response
OPTIONS RESPONSE ANSWER
Independent demand
Dependent demand
Stochastic demand
Deterministic demand
None of the above
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Q.
Time taken: 1m 6s
6
Question 6
Marks Scored: 0/1
Question
Safety stock is the surplus inventory that a company holds to protect against uncertainties related to which of the
following:
1) Demand, 2) Supply, 3) Lead time
Response
OPTIONS RESPONSE ANSWER
Only 1
1 and 2
1 and 3
2 and 3
1,2 and 3
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Q.
Time taken: 1m 21s
7
Question 7
Marks Scored: 1/1
Question
Inventory records show the following
The item with the lowest consumption value is
Response
OPTIONS RESPONSE ANSWER
Item Q
Item T
Item W
Item U
Section 1
OM QUIZ 2
13
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13 15m 6/13
Q. question(s) Time taken MarksTime
Scored
taken: 47s
8
Question 8
Marks Scored: 0/1
Question
Inventory records show the following
Use the table to identify the best statement:
Response
OPTIONS RESPONSE ANSWER
A. Items Q & W are likely to be in the same class
B. Items Q & R are likely to be in the same class
C. Both A and B
D. Can’t be determined
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Q.
Time taken: 1m 55s
9
Question 9
Marks Scored: 0/1
Question
Which of the following statements about EOQ is True?
Response
OPTIONS RESPONSE ANSWER
The EOQ is the smallest lot size that a supplier will
allow a customer to order
As the annual demand increases, other factors
remaining constant, the EOQ also increases
Smaller lots are justified when holding costs are
decreased
EOQ could be used if you use a make-to-order strategy
and the customer specifies that the entire order be
delivered in one shipment
None of the above
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Q.
Time taken: 20s
10
Question 10
Marks Scored: 1/1
Question
In a periodic review system with a review period of 2 weeks and a lead time of 1 week, when faced with an uncertain
demand the safety stock should protect against stock outs for a duration of
Response
OPTIONS RESPONSE ANSWER
1 week
2 weeks
3 weeks
Cannot be determined without demand data
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Q.
Time taken: 1m 8s
11
Question 11
Marks Scored: 0/1
Question
Which statement is true for continuous review (Q) vs periodic review (P) systems?
Response
OPTIONS RESPONSE ANSWER
Q system requires less safety stock for the same
service level
Q system requires more safety stock than P system
P system triggers orders based on stock level, Q
system based on time
Both require the same monitoring effort
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Q.
Time taken: 1m 19s
12
Question 12
Marks Scored: 1/1
Question
An online grocery delivery company promises customers “delivery in under 30 minutes.” Demand for products fluctuates
heavily during the day, especially during lunch and dinner hours. The company’s warehouse is close to the customer
cluster, so lead times are short, but stockouts during peak hours could lead to lost customers and negative social media
reviews. Which inventory policy would be most appropriate for this company?
Response
OPTIONS RESPONSE ANSWER
Periodic review system with low safety stock
Continuous review system with higher safety stock
Periodic review system with longer review period
Continuous review system with low safety stock
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Q.
Time taken: 1m 27s
13
Question 13
Marks Scored: 1/1
Question
A company uses a periodic review system with a review period 30 days, target level of 13000 units. The lead time is 3
days. If the daily demand during the protection period is normally distributed with mean 500 units and standard
deviation 50 units, and the company wants a 95% service level (z=1.65), the safety stock is likely to be:
Response
OPTIONS RESPONSE ANSWER
1.65 * 50
1.65 * 50 *
1.65 * 50 *
500 *3
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About the Report
This Report is generated electronically on the basis of the inputs received from the assessment takers. This Report including
the AI flags that are generated in case of availing of proctoring services, should not be solely used/relied on for making any
business, selection, entrance, or employment-related decisions. Mettl accepts no liability from the use of or any action taken
or refrained from or for any and all business decisions taken as a result of or reliance upon anything, including, without
limitation, information, advice, or AI flags contained in this Report or sources of information used or referred to in this Report.
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