Exam 12: Purchasing and Supply Chain Analysis: Tools and Techniques
Exam 1: Introduction to Purchasing and Supply Chain Management47 Questions
Exam 2: The Purchasing Process72 Questions
Exam 3: Purchasing Policies and Procedures28 Questions
Exam 4: Supply Management Integration for Competitive Advantage67 Questions
Exam 5: Purchasing and Supply Management Organization67 Questions
Exam 6: Supply Management and Commodity Strategy Development80 Questions
Exam 7: Supplier Evaluation and Selection74 Questions
Exam 8: Supplier Quality Management94 Questions
Exam 9: Supplier Management and Development: Creating a World-Class Supply Base89 Questions
Exam 10: Worldwide Sourcing87 Questions
Exam 11: Strategic Cost Management83 Questions
Exam 12: Purchasing and Supply Chain Analysis: Tools and Techniques63 Questions
Exam 13: Negotiation and Conflict Management99 Questions
Exam 14: Contract Management109 Questions
Exam 15: Purchasing Law and Ethics107 Questions
Exam 16: Lean Supply Chain Management73 Questions
Exam 17: Purchasing Services99 Questions
Exam 18: Supply Chain Information Systems and Electronic Sourcing71 Questions
Exam 19: Performance Measurement and Evaluation62 Questions
Exam 20: Purchasing and Supply Strategy Trends34 Questions
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According to Ohno and Toyota, _____ is a category of waste that makes incorrect product.
(Multiple Choice)
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A/An _____ consists of activities or steps that can be performed at the same time during the main flow of work.
(Multiple Choice)
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In value stream mapping, the flow diagram that depicts the process and shows the times and resources used at each step and the time delay between each step is called a/an _____.
(Multiple Choice)
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_____ techniques are primarily applied to existing products and services, while _____ is the application of value principles during product or service design.
(Multiple Choice)
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According to Ohno and Toyota, _____ is a category of waste that uses more steps to produce a product than necessary.
(Multiple Choice)
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_____ actions and resources are everything done in the process, which contribute no value to the customer, but which they are forced to pay for when they buy the product or service.
(Multiple Choice)
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In a PERT network, a/an _____ is the latest time an activity can finish without delaying the entire project.
(Multiple Choice)
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_____ is a tool that reduces processes to their component parts or activities and helps identify and then eliminate non-value-added activities (waste) or delays within a process.
(Multiple Choice)
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By identifying unnecessary steps and resources, value stream mapping streamlines processes for greater efficiency.
(True/False)
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Activities without any slack in a PERT network are by definition on the critical path.
(True/False)
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A _____ is one in which the set of steps or activities that make up the activity occur one after the other.
(Multiple Choice)
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According to Ohno and Toyota, _____ is a category of waste that occurs when employees are standing about and inventory is at a standstill.
(Multiple Choice)
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In a PERT network, a/an _____ is the earliest point in time an activity can begin.
(Multiple Choice)
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When a process crosses functional boundaries, there is a risk that no one actually owns or takes responsibility for the entire process.
(True/False)
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According to Ohno and Toyota, _____ is a category of waste that includes any wasted motion by man or machine.
(Multiple Choice)
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Which of the following is not one of the network rules for PERT/CPM?
(Multiple Choice)
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If learning occurs at a supplier during the performance of a purchase contract, and the buyer does not take that into account, then the supplier will not reap the financial benefits that result from learning.
(True/False)
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Users apply _____ to projects where there is a single known time (known as a deterministic time) for each activity with no variance, while _____ applies to projects where time estimates are variable or uncertain.
(Multiple Choice)
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[A] _____ establishes the rate of improvement because of learning as producers realize direct-labor cost improvements as production volumes increase.
(Multiple Choice)
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The planning phase of a project is particularly critical because there is a strong correlation between effective planning and successful project outcomes.
(True/False)
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