10/30/23, 8:07 PM M8.C1A: Quiz 8: 2023F BIA 674-WS M8.C1A: Quiz 8 Due Nov 5 at 11:59pm Points 100 Questions 10 Time Limit 30 Minutes Allowed Attempts 2 Instructions This quiz consists of multiple-choice and true/false questions. To be successful with the module quizzes, it's important to read the text and complete the practice exercises. Keep the following in mind: Multiple attempts: You will have two attempts at this quiz, with your highest score being recorded in the grade book. Timing: You will need to complete each of your attempts in one sitting, and you are allotted 30 minutes to complete each attempt. Answers: You may review your answer choices and compare them to the correct answers the day after the quiz due date. To start, click the Begin button. When finished, click the Submit button. Take the Quiz Again Attempt History Attempt Time Score LATEST Attempt 1 1 minute 100 out of 100 (@ Answers will be shown after your last attempt Score for this attempt: 100 out of 100 Submitted Oct 30 at 8:07pm This attempt took 1 minute. Question 1 10/ 10 pts Cycle inventory exists because producing or purchasing in large lots allows a stage of the supply chain to exploit economies of scale and thus increase cost. True False Question 2 10/ 10 pts Lot sizes and cycle inventory do not affect the flow time of material within the supply chain. True False Question 3 10/ 10 pts Aggregating across products, retailers, or suppliers in a single order allows for a reduction in lot size for individual products because fixed ordering and transportation costs are now spread across multiple products, retailers, or https://sit.instructure.com/courses/68393/quizzes/98642 1/3