Exam 4: Materials Management
Exam 1: Purchasing and Supply Management28 Questions
Exam 2: Purchasing Decisions and Business Strategy33 Questions
Exam 3: The Legal Aspects of Purchasing40 Questions
Exam 4: Materials Management48 Questions
Exam 5: Inventory Management38 Questions
Exam 6: Just-In-Time Lean Purchasing64 Questions
Exam 7: Purchasing Procedures, E-Purchasing, and Systems Contracting59 Questions
Exam 8: Supplier Selection and Evaluation65 Questions
Exam 9: Strategic Outsourcing60 Questions
Exam 10: Global Sourcing49 Questions
Exam 11: Purchasing, Supply Partnerships, and Supply Chain Power44 Questions
Exam 12: Total Quality Management and Purchasing46 Questions
Exam 13: Price Determination47 Questions
Exam 14: Bargaining and Negotiations48 Questions
Exam 15: Purchasing Transportation Services49 Questions
Exam 16: Equipment Acquisition and Disposal48 Questions
Exam 17: Health Care Purchasing and Supply Management52 Questions
Exam 18: Procuring Professional Services48 Questions
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If poor quality is produced, goes undetected, and is shipped, the costs to _________________ are substantial.
Free
(Multiple Choice)
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Correct Answer:
E
Many parts can be purchased off the shelf. They are like commodities in the sense that they are standardized. In effect, they are _____________ according to specifications established by an industry, professional association, or independent testing organization.
Free
(Multiple Choice)
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Correct Answer:
C
There are (is) ____ kind(s) of tooling with respect to their specifications.
Free
(Multiple Choice)
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Correct Answer:
B
ven though the technology of _________ is steeped in statistics and manufacturing engineering, materials managers first need to consider ________ as part of the expectations of customers, whether intermediate or final.
(Multiple Choice)
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Unfilled orders are processed in one of the following three ways:
(Multiple Choice)
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_______ suggests the unexpected, which means the need to patch up or replace equipment components that we don't expect to fail. Usually the parts are not carried as inventory by the equipment manufacturer.
(Multiple Choice)
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_________ is the extent to which a supplier can accommodate a customer's requests. Perhaps the request is for special processing, packaging, or shipment.
(Multiple Choice)
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We hear so much about quality that it may come as a surprise that even experts don't agree about how to achieve it. Fortune recently asked the gurus of industrial quality to define it and to assign responsibility for quality.To some, quality is a design matter. It has to do with engineering-both the process technology and product design.To others, quality is an evaluation that utilizes sampling to achieve process control and make certain that inferior quality material isn't shipped from the plant.There is a third view-that quality depends upon perception. This means making a slogan a rallying cry-"Zero Defects" or "Quality is Free."
(True/False)
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The delay between receipt of raw materials and the availability of the finished goods produced from them is _____________. For the whole system, ____ should be as short as possible.
(Multiple Choice)
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If one definition of quality is conformance to specs, the specifications must be __________. The manner of specifying materials depends on the kinds of material ordered.
(Multiple Choice)
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ach activity in the order cycle is a bundle of tasks. For example, the receipt of materials by the customer involves all of the following, with one exception. Which is the exception?
(Multiple Choice)
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The shorter the ______ cycle, the quicker the customer is served and the less inventory the customer needs.
(Multiple Choice)
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When it comes to customer satisfaction customers want all of the following with one exception. Which is the exception?
(Multiple Choice)
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The quality of material can deteriorate between the time it leaves the production floor and the time it arrives at the customer's storeroom. Packaging, loading, transport, and unloading can all take a toll. Although damages can be claimed, materials received in poor condition can be recycled for processing.
(True/False)
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Generally speaking, ___________ supplies are standard items and are specified by manufacturer or industry codes.
(Multiple Choice)
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The quality-defining characteristics of products are those that are important to the __________ of the product.
(Multiple Choice)
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____________ is a concept that applies to all suppliers whether they are external to the company or internal.
(Multiple Choice)
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