100 CORRECT ANSWERS VERIFIED GRADEA

MSSC CLT EXAM TERMS actual / newest QUESTIONS & 100% CORRECT ANSWERS (VERIFIED) GRADEA+

Hazardous material (hazmat) - ----Answers----Hazardous material defined by environmental laws and legal precedents.A product has been defined as hazardous by regulations that impose stiff fines if the regulations are ignored.

Hazmat employee - ----Answers----Any worker who directly affects the safe transportation of hazardous materials.

High density storage - ----Answers----Storage system which allows pallets to be stored more than one unit deep or high.

Import quota - ----Answers----A limit on the quantity of a good that can be produced abroad and sold domestically.

Inventory turnover - ----Answers----The number of times that an inventory cycles, or "turns over," during the year. A frequently used method to compute inventory turnover is to divide the average inventory level into the annual cost of sales.

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Item - ----Answers----Any unique manufactured or purchased part, material, intermediate, subassembly, or product.

Kitting - ----Answers----The process through which individual items are grouped or packaged to create a single shipment.

Less than truckload (LTL) - ----Answers----Either a small shipment that does not fill the truck or a shipment of not enough weight to qualify for a truckload quantity (usually set at about 10,000 lbs) rate discount, offered to a general commodity trucker.

Material requirements planning (MRP) - ----Answers----A set of techniques that uses bill of material data, inventory data, and the master production schedule to calculate requirements for materials. It makes recommendations to release replenishment orders for material.

Order - ----Answers----A general term that may refer to such diverse items as a purchase order, shop order, customer order, planned order, or schedule.

Order processing - ----Answers----The activity required to administratively process a customer's order and make it ready for shipment or production.

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