Question 1

Which of the following statements describes the benefits of a pull strategy?

Accepted Answer

A)  It does not require advanced systems for implementation. 
B)  It decreases inventory turnover. 
C)  There is less likelihood of being overstocked or out of stock at each store. 
D)  It allows more efficient production and distribution scheduling to increase costs. 
E)  It forecasts the competitor's demand. 
A)  It does not require advanced systems for implementation. 
B)  It decreases inventory turnover. 
C)  There is less likelihood of being overstocked or out of stock at each store. 
D)  It allows more efficient production and distribution scheduling to increase costs. 
E)  It forecasts the competitor's demand. C

Question 2

CPFR partnerships require:

Accepted Answer

A)  quick response interaction. 
B)  trust and commitment. 
C)  two or more vendors. 
D)  full responsibility of the vendor. 
E)  a controlled expense budget. 
A)  quick response interaction. 
B)  trust and commitment. 
C)  two or more vendors. 
D)  full responsibility of the vendor. 
E)  a controlled expense budget. B

Question 3

The pick ticket is a document or display on a screen in a forklift truck that indicates how many cartons to get from specific storage areas.

Accepted Answer

A) True 
 B)False  True

Question 4

_____ are tags that transmit identifying information and are attached to individual items,shipping cartons,and containers.

Accepted Answer

A)  Vendor-managed inventories 
B)  Data warehouses 
C)  Radio frequency identification devices 
D)  Electronic data interchanges 
E)  Data stores 
A)  Vendor-managed inventories 
B)  Data warehouses 
C)  Radio frequency identification devices 
D)  Electronic data interchanges 
E)  Data stores

Question 5

What are the activities that take place at a distribution center?

Accepted Answer

Coordinating inbound transportation,rece

Question 6

Which of the following is not a function of a distribution center?

Accepted Answer

A)  Managing inbound transportation 
B)  Storing and cross-docking 
C)  Receiving and checking 
D)  Getting merchandise floor-ready 
E)  Negotiating with vendors 
A)  Managing inbound transportation 
B)  Storing and cross-docking 
C)  Receiving and checking 
D)  Getting merchandise floor-ready 
E)  Negotiating with vendors

Question 7

Which of the following statements is an advantage of using distribution centers over direct store delivery?

Accepted Answer

A)  Individual stores that forecast and draw from a DC are more cost efficient. 
B)  The DCs have the advantage of keeping extra merchandise as backup stock in the store. 
C)  Direct store delivery is always more expensive. 
D)  The DCs enable the retailer to carry less overall inventory. 
E)  The DC can always deliver faster than a vendor. 
A)  Individual stores that forecast and draw from a DC are more cost efficient. 
B)  The DCs have the advantage of keeping extra merchandise as backup stock in the store. 
C)  Direct store delivery is always more expensive. 
D)  The DCs enable the retailer to carry less overall inventory. 
E)  The DC can always deliver faster than a vendor.

Question 8

What is the purpose of the data warehouse and how do retailers use it?

Accepted Answer

Purchase data collected at the point of

Question 9

From the retailers view,_____ reduces the retailer's supply chain costs and investment because the vendor assumes the costs and risks of shipping the product to the customer.

Accepted Answer

A)  drop shipping 
B)  push supply chain 
C)  pull supply chain 
D)  reverse logistics 
E)  direct store delivery 
A)  drop shipping 
B)  push supply chain 
C)  pull supply chain 
D)  reverse logistics 
E)  direct store delivery

Question 10

_____ is an approach for improving supply chain efficiency in which the vendor is responsible for maintaining the retailer's inventory levels in each of its stores.

Accepted Answer

A)  Efficient consumer response (ECR) 
B)  Reverse logistics 
C)  Quick Response (QR)system 
D)  Vendor-managed inventory (VMI) 
E)  Collaborative planning,forecasting,and replenishment (CPRF) 
A)  Efficient consumer response (ECR) 
B)  Reverse logistics 
C)  Quick Response (QR)system 
D)  Vendor-managed inventory (VMI) 
E)  Collaborative planning,forecasting,and replenishment (CPRF)

Question 11

Which of the following is the primary benefit of tagging individual items to retailers?

Accepted Answer

A)  Increased inventory turnover 
B)  Reduced product prices 
C)  Reduced inventory turnover 
D)  Real-time measure of employee productivity 
E)  Real-time measure of inventory levels 
A)  Increased inventory turnover 
B)  Reduced product prices 
C)  Reduced inventory turnover 
D)  Real-time measure of employee productivity 
E)  Real-time measure of inventory levels

Question 12

Because of the nature of vendor-managed inventory,_____.

Accepted Answer

A)  retail buyers and planners no longer need to monitor inventory levels and place orders 
B)  DCs need to run as deliveries arrive after hours and on holidays 
C)  there are many delays in replenishment as it's not a collaborative approach 
D)  third party logistic companies have become necessary 
E)  EDI is now obsolete 
A)  retail buyers and planners no longer need to monitor inventory levels and place orders 
B)  DCs need to run as deliveries arrive after hours and on holidays 
C)  there are many delays in replenishment as it's not a collaborative approach 
D)  third party logistic companies have become necessary 
E)  EDI is now obsolete

Question 13

Which of the following is not a benefit of using RFID over traditional bar codes?

Accepted Answer

A)  Reduced inventory turnover. 
B)  RFID updates the data stored. 
C)  RFID holds more data stored on the device. 
D)  One benefit of item-level RFID is to reduce theft. 
E)  The data on the devices can be acquired without a visual line of sight. 
A)  Reduced inventory turnover. 
B)  RFID updates the data stored. 
C)  RFID holds more data stored on the device. 
D)  One benefit of item-level RFID is to reduce theft. 
E)  The data on the devices can be acquired without a visual line of sight.

Question 14

A(n)_____ is a document that tells the DC what specifically is being shipped and when it will be delivered.

Accepted Answer

A)  Universal product code (UP
C)  
B)  Radio frequency identification (RFI
D)  
C)  Advanced shipping notice (ASN) 
D)  Shipping document 
E)  Bill of lading (BOL) 
A)  Universal product code (UP
C)  
B)  Radio frequency identification (RFI
D)  
C)  Advanced shipping notice (ASN) 
D)  Shipping document 
E)  Bill of lading (BOL)

Question 15

Which of the following statements about receiving,checking,marking,and ticketing is true?

Accepted Answer

A)  Only receiving and checking involve UPC labels. 
B)  It is more efficient and less costly to ticket merchandise at the store level. 
C)  It is more efficient for a retailer to perform ticketing and marking at a DC than in its stores. 
D)  To perform the checking process correctly,every carton must be opened and its merchandise examined. 
E)  The checking process is performed after the merchandise has been ticketed and marked. 
A)  Only receiving and checking involve UPC labels. 
B)  It is more efficient and less costly to ticket merchandise at the store level. 
C)  It is more efficient for a retailer to perform ticketing and marking at a DC than in its stores. 
D)  To perform the checking process correctly,every carton must be opened and its merchandise examined. 
E)  The checking process is performed after the merchandise has been ticketed and marked.

Question 16

Ali supervises the conveyor belts in a distribution center.Her job is to make sure the merchandise moves quickly from the receiving docks to the staging area in order for the trucks to load and deliver.No merchandise is stored as the vendors already prepared it specifically for the stores.Ali handles _____ at the distribution center.

Accepted Answer

A)  ticketing 
B)  cross-docking 
C)  cataloging 
D)  marking 
E)  reverse logistics 
A)  ticketing 
B)  cross-docking 
C)  cataloging 
D)  marking 
E)  reverse logistics

Question 17

Which of the following does not describes the ways to reduce the level of inventory in the supply chain and the number of stockouts in the stores?

Accepted Answer

A)  Using EDI 
B)  Sharing information 
C)  Using reverse logistics 
D)  Using vendor-managed inventory (VMI) 
E)  Employing collaborative planning,forecasting,and replenishment (CPRF) 
A)  Using EDI 
B)  Sharing information 
C)  Using reverse logistics 
D)  Using vendor-managed inventory (VMI) 
E)  Employing collaborative planning,forecasting,and replenishment (CPRF)

Question 18

_____ is a method where retailers receive orders from customers and have the product shipped directly to the customer from the vendor.

Accepted Answer

A)  Consumer direct fulfillment 
B)  Reverse logistics 
C)  Pull supply chain 
D)  Push supply chain 
E)  Direct store delivery 
A)  Consumer direct fulfillment 
B)  Reverse logistics 
C)  Pull supply chain 
D)  Push supply chain 
E)  Direct store delivery

Question 19

An inventory planner notes that the inventory she is responsible for would be best managed by relying on consumer demand.She recommends to her management to implement a(n)_____ that would support being in a better stock position of her managed product by store location.

Accepted Answer

A)  cross check logistic strategy 
B)  pull supply chain strategy 
C)  cost efficient logistic strategy 
D)  push supply chain strategy 
E)  influential logistic strategy 
A)  cross check logistic strategy 
B)  pull supply chain strategy 
C)  cost efficient logistic strategy 
D)  push supply chain strategy 
E)  influential logistic strategy

Question 20

The building up of inventory in an uncoordinated channel is called a(n):

Accepted Answer

A)  adversary supply chain 
B)  bullwhip effect 
C)  buildup effect 
D)  mishap effect 
E)  CPFR 
A)  adversary supply chain 
B)  bullwhip effect 
C)  buildup effect 
D)  mishap effect 
E)  CPFR

Which of the following statements describes the benefits of a pull strategy?

CPFR partnerships require:

The pick ticket is a document or display on a screen in a forklift truck that indicates how many cartons to get from specific storage areas.

_____ are tags that transmit identifying information and are attached to individual items,shipping cartons,and containers.

What are the activities that take place at a distribution center?

Which of the following is not a function of a distribution center?

Which of the following statements is an advantage of using distribution centers over direct store delivery?

What is the purpose of the data warehouse and how do retailers use it?

From the retailers view,_____ reduces the retailer's supply chain costs and investment because the vendor assumes the costs and risks of shipping the product to the customer.

_____ is an approach for improving supply chain efficiency in which the vendor is responsible for maintaining the retailer's inventory levels in each of its stores.

Which of the following is the primary benefit of tagging individual items to retailers?

Because of the nature of vendor-managed inventory,_____.

Which of the following is not a benefit of using RFID over traditional bar codes?

A(n)_____ is a document that tells the DC what specifically is being shipped and when it will be delivered.

Which of the following statements about receiving,checking,marking,and ticketing is true?

Which of the following does not describes the ways to reduce the level of inventory in the supply chain and the number of stockouts in the stores?

_____ is a method where retailers receive orders from customers and have the product shipped directly to the customer from the vendor.

An inventory planner notes that the inventory she is responsible for would be best managed by relying on consumer demand.She recommends to her management to implement a(n)_____ that would support being in a better stock position of her managed product by store location.

The building up of inventory in an uncoordinated channel is called a(n):

Introduction to the World of Retailing

Types of Retailers

Multichannel Retailing

Customer Buying Behavior

Retail Market Strategy

Financial Strategy

Retail Locations

Retail Site Location

Human Resource Management

Customer Relationship Management

Managing the Merchandise Planning Process

Buying Merchandise

Retail Pricing

Retail Communication Mix

Managing the Store

Store Layout, Design, and Visual Merchandising

Customer Service

Filters

Exam 10: Information Systems and Supply Chain Management

Which of the following statements describes the benefits of a pull strategy?

CPFR partnerships require:

The pick ticket is a document or display on a screen in a forklift truck that indicates how many cartons to get from specific storage areas.

_____ are tags that transmit identifying information and are attached to individual items,shipping cartons,and containers.

What are the activities that take place at a distribution center?

Which of the following is not a function of a distribution center?

Which of the following statements is an advantage of using distribution centers over direct store delivery?

What is the purpose of the data warehouse and how do retailers use it?

From the retailers view,_____ reduces the retailer's supply chain costs and investment because the vendor assumes the costs and risks of shipping the product to the customer.

_____ is an approach for improving supply chain efficiency in which the vendor is responsible for maintaining the retailer's inventory levels in each of its stores.

Which of the following is the primary benefit of tagging individual items to retailers?

Because of the nature of vendor-managed inventory,_____.

Which of the following is not a benefit of using RFID over traditional bar codes?

A(n)_____ is a document that tells the DC what specifically is being shipped and when it will be delivered.

Which of the following statements about receiving,checking,marking,and ticketing is true?

Which of the following does not describes the ways to reduce the level of inventory in the supply chain and the number of stockouts in the stores?

_____ is a method where retailers receive orders from customers and have the product shipped directly to the customer from the vendor.

An inventory planner notes that the inventory she is responsible for would be best managed by relying on consumer demand.She recommends to her management to implement a(n)_____ that would support being in a better stock position of her managed product by store location.

The building up of inventory in an uncoordinated channel is called a(n):

Introduction to the World of Retailing

Types of Retailers

Multichannel Retailing

Customer Buying Behavior

Retail Market Strategy

Financial Strategy

Retail Locations

Retail Site Location

Human Resource Management

Customer Relationship Management

Managing the Merchandise Planning Process

Buying Merchandise

Retail Pricing

Retail Communication Mix

Managing the Store

Store Layout, Design, and Visual Merchandising

Customer Service

Filters