EcoCycle Technologies, a global electronics manufacturer, is…

EcoCycle Technologies, a global electronics manufacturer, is committed to sustainability across its operations. The company is launching a closed-loop supply chain initiative to manage returns efficiently and reduce environmental impact. The logistics team must evaluate how reverse logistics differs from forward logistics and identify how to proactively prepare for product returns during the design phase. Which of the following statements accurately reflect reverse logistics and closed-loop supply chain practices for EcoCycle Technologies? Select all that apply.

A company manages a warehouse. Based on an ABC classificatio…

A company manages a warehouse. Based on an ABC classification, items are grouped by usage frequency as follows: A items: 1,000 units B items: 1,600 units C items: 2,400 units The company follows a cycle counting policy with the following frequencies: A items are counted monthly (every 20 working days) B items are counted every four months (80 working days) C items are counted annually (240 working days) Questions: According to this policy, how many items should be counted per day to stay on schedule? Which of the following is a key advantage of implementing a cycle counting program in inventory management?