Multiple Choice
The basic purpose of supply chain management is to
A) synchronize the operations of all suppliers with those of purchasing, production, distribution, and customers.
B) reduce the inventory by proper selection of customers and transportation modes.
C) create an exclusive set of suppliers who will not supply your competitors.
D) link your customers together so that the flow of materials remains under control.
Correct Answer:
Verified
Correct Answer:
Verified
Q21: Sole sourcing is the awarding of a
Q32: Compare and contrast efficient versus responsive supply
Q45: Discuss the trade-offs with locating the inventory
Q57: Which one of the following statements is
Q59: What makes vertical integration attractive as a
Q61: One of the benefits of a cooperative
Q64: Define inventory.
Q66: What is the order- fulfillment process?
Q67: Customer service is an important point of
Q73: Responsive supply chains work best when frequent