module 4

Question 1

in any logistics process, preparation is a key element

Answer 1

TRUE

Question 2

example of 20/80 rule

Answer 2

• 80% of sales come from 20% of the customers
• 80% of the profit came from the top 20 % of products

Question 3

father of pareto’s law

Answer 3

Vilfredo Pareto

Question 4

ABC classification

Answer 4

A - most important
B - medium important
C - items producing only 5% of sales

Question 5

can also determine how many and what size of the pick face is required for each product line

Answer 5

Slotting