Nuclear Energy Group Limited (NEG) has a number of investment options currently under appraisal. As these are all long-term investments (more than 30 years), NEG is adopting a total cost of ownership approach. It has gathered data on all associated costs over the life of the investment. Which of the following will be regarded as end-of-life costs?
In a manufacturing organisation, which of the following explains an 'indirect' stock classification of items?
Which of the following lists all components, ingredients, and materials required to produce the final product?
Which of the following are holding costs of inventory in a warehouse?
Costs related to the value of the inventory held
Losses due to product deterioration
Preliminary costs associated with purchase orders
Loss of supplier discounts due to reduction in reorder quantities
Which of the following are likely to be included in a formal business case document for stakeholders to support the purchase of a new piece of specialist equipment?
The conformance standard that relates to the future operation of the equipment
The context of proposed purchase in relation to business strategy alignment
Resource requirements including the managerial and operational team resources
The planned preventative maintenance plan for the equipment to ensure effectiveness
Which of the following are most likely the benefits of using unit loads? Select TWO that apply.
Increase transport time of each item
Which of the following is the character that allows the computer to verify whether a product code is entered correctly?
The Four Counties hospital in Norway is experiencing financial pressures. The procurement team is looking for the best approach to procure patient equipment that is critical and is often required at very short notice. Which of the following techniques would allow the hospital to access the stock at short notice, but without paying for it until it is used?