物流专业英语（第3版） 教学课件 作者 齐利梅答案 19《物流专业英语》pptunit19stockcontrol.ppt

《物流专业英语（第3版） 教学课件 作者 齐利梅答案 19《物流专业英语》pptunit19stockcontrol.ppt》由会员上传分享，免费在线阅读，更多相关内容在教育资源-天天文库。

1、《物流专业英语》Unit19Stockcontrol库存控制Keytotheexercises练习答案1.AnswerthefollowingquestionsinEnglish:1.Whatdoes‘stockcontrol’mean?Stockcontrolistodeterminewhichitemsarekeptinstockandwhatquantitiesofeacharestockedwithoutstockexcessorstockdeficiencies.Theaimistoachie

2、veabalancebetweenthetwoextremesoftoomuchortoolittlestock.2.Whataretheadvantagesanddisadvantagesofholdingahighlevelofstock?Holdingahighlevelofstockisasimplepolicytomanageandreducestheriskofstockouts.Moreover,byreducingtheneedforfrequentorders,italsoreduce

3、stheadministrativecostsofpurchasingstocks.However,itincreasesthestockholdingcosts.3.Whyisitamoredifficultpolicytomanagelowlevelsofstockholding?Ontheotherhand,holdingonlylowlevelsofstockisamoredifficultpolicytomanage.Thisispartlybecauseitreliesontimelydel

4、iveriesbysuppliers.Italsoincreasesthenumberofordersthatacustomermustplacewithsuppliers,andthisinturnincreasestheadministrationtimeandcostsassociatedwithstock.However,itreducesthestockholdingcosts.4.Whydoweneedtoclassifythestocks?Inordertomaximizeservicel

5、evelswhilstminimizingcost,aprocessofstockclassificationisusedtosetstocklevels.5.Whatisthe‘80/20rule’?VilfredoPareto,a19thcenturyeconomist,observedthat80%ofItaly'swealthwasownedby20%ofthepopulation.Thisisoftenreferredtoasthe‘80/20rule’,meaningthat,insuchc

6、ases,80%oftheitemsinstocktypicallymakeuponly20%ofthetotalstockvalue,whiletheremaining20%of(high-value)itemsaccountfor80%ofthetotalstockvalue.6.Whatarethethreeclassesofstockitems?Theyare:ClassAitems:areapproximately20%ofinventorythataccountforapproximatel

7、y80%ofthetotalstockvalue.ClassBitems:arethoseofmediumvalue,usuallythenext30%ofitemsofinventorythataccountforabout10%oftotalvalue.ClassCitems:arethoselowvalueitems,usuallyabout50%ofthetotalnumberofstockitemswhichwillonlyaccountforabout10%ofthetotalvalueof

8、allinventory.7.WhatdoLIFOandFIFOmean?LastinFirstOut(LIFO)isastockrotationpolicythatthemostrecentlyarriveditemisprocessedfirst.Astackimplementsthis.FirstinFirstOut(FIFO)isastockrotationpolicythatitemsareprocessedinorderofar