Question 1

In supply-chain management,ethical issues

Accepted Answer

A) are particularly important because of the enormous opportunities for abuse. 
B) may be guided by company rules and codes of conduct. 
C) become more complex the more global is the supply chain. 
D) may be guided by the principles and standards of the Institute for Supply Management. 
E) All of the above are true. 
A) are particularly important because of the enormous opportunities for abuse. 
B) may be guided by company rules and codes of conduct. 
C) become more complex the more global is the supply chain. 
D) may be guided by the principles and standards of the Institute for Supply Management. 
E) All of the above are true. E

Question 2

The supply-chain management opportunity called postponement involves delaying deliveries to avoid accumulation of inventory at the customer's site.

Accepted Answer

A) True 
 B)False  False

Question 3

Supply-chain management faces additional challenges,such as those related to quality production and distribution systems,when companies enter growing global markets.

Accepted Answer

A) True 
 B)False  True

Question 4

The ________ is an organization that has published principles and standards for ethical supply management conduct.

Accepted Answer

Institute

Question 5

TAL Apparel's management of its supply chain for Stafford shirts sold in JCPenney is an example of

Accepted Answer

A) blanket orders. 
B) standardization. 
C) postponement. 
D) lot size reduction. 
E) single stage control of replenishment. 
A) blanket orders. 
B) standardization. 
C) postponement. 
D) lot size reduction. 
E) single stage control of replenishment.

Question 6

Logistics management can provide a competitive advantage through improved customer service.

Accepted Answer

A) True 
 B)False

Question 7

Japanese manufacturers often take a middle ground between purchasing from a few suppliers and vertical integration.This approach is

Accepted Answer

A) kanban. 
B) keiretsu. 
C) samurai. 
D) poka-yoke. 
E) kaizen. 
A) kanban. 
B) keiretsu. 
C) samurai. 
D) poka-yoke. 
E) kaizen.

Question 8

Local optimization,incentives,and large lots all contribute to ________ about what is really occurring in the supply chain.

Accepted Answer

distortion

Question 9

________ is the term describing purchasing facilitated through the internet.

Accepted Answer

The answer of ________ is the term describing purchasing facilitated...

Question 10

Outsourcing refers to transferring a firm's activities that have traditionally been internal to external suppliers.

Accepted Answer

A) True 
 B)False

Question 11

One classic type of negotiation strategy is the market-based price model.

Accepted Answer

A) True 
 B)False

Question 12

The objective of the make-or-buy decision is to help identify the products and services that can be obtained externally.

Accepted Answer

A) True 
 B)False

Question 13

A grocery chain is interested in exploring the impact effective supply-chain management would have.Suppose that for every $1 of sales 4% is profit,50% is spent in the supply chain,and the remaining 46% is evenly divided between fixed and variable costs.If the chain can save $1 in the supply chain it would take how many dollars of increased sales to have the same increase in profit? Assume that fixed costs are fixed so that the portion of increased sales allocated to fixed costs is instead profit (27% profit margin combined now).

Accepted Answer

Suppose initially the firm sells $100 of

Question 14

With the growth of JIT,which of the following distribution systems has been the biggest loser?

Accepted Answer

A) trucking 
B) railroads 
C) airfreight 
D) waterways 
E) pipelines 
A) trucking 
B) railroads 
C) airfreight 
D) waterways 
E) pipelines

Question 15

Channel assembly,which sends components and modules to be assembled by a distributor,treats these distributors as manufacturing partners.

Accepted Answer

A) True 
 B)False

Question 16

________ is an approach that seeks efficiency of operations through the integration of all material acquisition,movement,and storage activities.

Accepted Answer

Logistics

Question 17

Identify and describe briefly the five supply-chain strategies.

Accepted Answer

1.Many suppliers is the traditional Amer

Question 18

________ involves reducing the number of variations in materials and components as an aid to cost management.

Accepted Answer

The answer of ________ involves reducing the number of variations...

Question 19

Outsourcing is a form of specialization that allows the outsourcing firm to focus on its key success factors.

Accepted Answer

A) True 
 B)False

Question 20

Because service firms do not acquire goods and services externally,their supply-chain management issues are insignificant.

Accepted Answer

A) True 
 B)False

Exam 11: Supply-Chain Management

In supply-chain management,ethical issues

The supply-chain management opportunity called postponement involves delaying deliveries to avoid accumulation of inventory at the customer's site.

Supply-chain management faces additional challenges,such as those related to quality production and distribution systems,when companies enter growing global markets.

The ________ is an organization that has published principles and standards for ethical supply management conduct.

TAL Apparel's management of its supply chain for Stafford shirts sold in JCPenney is an example of

Logistics management can provide a competitive advantage through improved customer service.

Japanese manufacturers often take a middle ground between purchasing from a few suppliers and vertical integration.This approach is

Local optimization,incentives,and large lots all contribute to ________ about what is really occurring in the supply chain.

________ is the term describing purchasing facilitated through the internet.

Outsourcing refers to transferring a firm's activities that have traditionally been internal to external suppliers.

One classic type of negotiation strategy is the market-based price model.

The objective of the make-or-buy decision is to help identify the products and services that can be obtained externally.

With the growth of JIT,which of the following distribution systems has been the biggest loser?

Channel assembly,which sends components and modules to be assembled by a distributor,treats these distributors as manufacturing partners.

________ is an approach that seeks efficiency of operations through the integration of all material acquisition,movement,and storage activities.

Identify and describe briefly the five supply-chain strategies.

________ involves reducing the number of variations in materials and components as an aid to cost management.

Outsourcing is a form of specialization that allows the outsourcing firm to focus on its key success factors.

Because service firms do not acquire goods and services externally,their supply-chain management issues are insignificant.

Operations and Productivity

Operations Strategy in a Global Environment

Project Management

Forecasting

Sustainability in the Supply Chain and Design of Goods and Services

Managing Quality

Process Strategy and Sustainability

Location Strategies

Layout Strategies

Human Resources,job Design,and Work Measurement

Inventory Management

Aggregate Planning

Material Requirements Planning Mrpand ERP

Short-Term Scheduling

Jit and Lean Operations

Maintenance and Reliability

Statistical Process Control

Capacity and Constraint Management

Supply Chain Management Analytics

Decision-Making Tools

Linear Programming

Transportation Models

Waiting-Line Models

Learning Curves

Simulation

Filters