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Inventory Management · CAPE Management of Business Unit 2

11 past-paper questions on Inventory Management, part of Module 1: Production and Operations Management, from every CAPE Management of Business Unit 2 paper on Quelpr.

  1. 4(a)2 marks· CAPE Management of Business Unit 2 · 2006 · Paper 1State TWO advantages of good inventory management.
  2. 1(b)(i)3 marks· CAPE Management of Business Unit 2 · 2010 · Paper 2Identify THREE requirements for effective inventory management.
  3. 1(b)(ii)8 marks· CAPE Management of Business Unit 2 · 2010 · Paper 2State FOUR reasons why firms hold inventories.
  4. 1(b)(ii)2 marks· CAPE Management of Business Unit 2 · 2011 · Paper 2State TWO likely benefits for Lloyd Electronics from the implementation of an efficient inventory control system.
  5. 1(a)(i)2 marks· CAPE Management of Business Unit 2 · 2015 · Paper 2Define the term 'Economic order quantity'.
  6. 1(a)(ii)2 marks· CAPE Management of Business Unit 2 · 2015 · Paper 2Define the term 'Just-in-time'.
  7. 1(a)(iii)2 marks· CAPE Management of Business Unit 2 · 2015 · Paper 2Define the term 'Inventory management'.
  8. 1(b)(i)1 mark· CAPE Management of Business Unit 2 · 2015 · Paper 2State the formula for calculating economic order quantity.
  9. 1(b)(ii)6 marks· CAPE Management of Business Unit 2 · 2015 · Paper 2Calculate the economic order quantity for the sky blue gabardine fabric used by Unique Uniforms Ltd.
  10. 1(c)12 marks· CAPE Management of Business Unit 2 · 2015 · Paper 2Discuss THREE ways in which Unique Uniforms Ltd can benefit from having a proper inventory management system.
  11. 1(a)(i)2 marks· CAPE Management of Business Unit 2 · 2021 · Paper 2Outline ONE feature of the 'just-in-time inventory management' approach.