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?

A local vendor sells limited-edition sports magazines during…

A local vendor sells limited-edition sports magazines during a championship weekend. Each magazine costs $5 and is sold for $20. Unsold copies have no salvage value. Demand for the magazines is normally distributed, with a mean of 300 copies and a standard deviation of 80 copies. Service Level (%) Z 65 0.38 69 0.50 75 0.67 80 0.84 85 1.04 90 1.28 92 1.41 94 1.56 95 1.65 96 1.75 97 1.88 98 2.06 99 2.33 Questions: How many magazines should the vendor order to maximize expected profit while limiting the risk of stockouts? units The vender reduces the order quantity. What would be a reasonable cause for this decision?  

FreshLink Foods, a national distributor of packaged grocery…

FreshLink Foods, a national distributor of packaged grocery items, is re-evaluating its warehousing strategy to reduce costs and improve delivery efficiency. The company’s logistics team is exploring warehousing functions such as consolidation, cross-docking, and postponement to better match customer demand and product flow. Which of the following statements accurately describe warehousing practices that FreshLink Foods should consider? Select all that apply.