Question 1

Using third-party logistics involves using your organization's logistics function to ship to customers that are not officially part of the supply chain.

Accepted Answer

A) True 
 B)False

Question 2

Vendor analysis is the examination of the _________ of purchased materials.

Accepted Answer

A) function 
B) source 
C) quality 
D) cycle 
E) quantity 
A) function 
B) source 
C) quality 
D) cycle 
E) quantity

Question 3

Some firms have structured their procurement function to include both centralized and decentralized purchasing.

Accepted Answer

A) True 
 B)False

Question 4

Small changes in consumer demand can result in large variations in orders placed because of the

Accepted Answer

A) supply chain. 
B) safety stock requirement. 
C) lead time effect. 
D) bullwhip effect. 
E) FCFS scheduling. 
A) supply chain. 
B) safety stock requirement. 
C) lead time effect. 
D) bullwhip effect. 
E) FCFS scheduling.

Question 5

Disintermediation occurs when the traditional retailer or service provider is reduced or eliminated in a supply chain.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following is not a benefit of RFID?

Accepted Answer

A) increased productivity 
B) elimination of paperwork 
C) frequent deliveries of smaller shipments 
D) reduction in clerical labor 
E) increased accuracy 
A) increased productivity 
B) elimination of paperwork 
C) frequent deliveries of smaller shipments 
D) reduction in clerical labor 
E) increased accuracy

Question 7

The materials in the supply chain flow toward the end of the chain, while the information and the dollars move toward the beginning of the chain.

Accepted Answer

A) True 
 B)False

Question 8

Examination of the sources of supply for purchased parts or materials in order to improve performance is called

Accepted Answer

A) vendor analysis. 
B) value analysis. 
C) negotiated purchasing. 
D) reverse engineering. 
E) disintegration. 
A) vendor analysis. 
B) value analysis. 
C) negotiated purchasing. 
D) reverse engineering. 
E) disintegration.

Question 9

Which of the following would not usually be a main factor in selecting a vendor?

Accepted Answer

A) location 
B) price 
C) quality 
D) inventory turnover 
E) vendor services 
A) location 
B) price 
C) quality 
D) inventory turnover 
E) vendor services

Question 10

Global supply chains make purchasing easier because there are more options.

Accepted Answer

A) True 
 B)False

Question 11

Outsourcing logistics gives a company less flexibility because it forces them to focus more on core businesses.

Accepted Answer

A) True 
 B)False

Using third-party logistics involves using your organization's logistics function to ship to customers that are not officially part of the supply chain.

Vendor analysis is the examination of the _________ of purchased materials.

Some firms have structured their procurement function to include both centralized and decentralized purchasing.

Small changes in consumer demand can result in large variations in orders placed because of the

Disintermediation occurs when the traditional retailer or service provider is reduced or eliminated in a supply chain.

Which of the following is not a benefit of RFID?

The materials in the supply chain flow toward the end of the chain, while the information and the dollars move toward the beginning of the chain.

Examination of the sources of supply for purchased parts or materials in order to improve performance is called

Which of the following would not usually be a main factor in selecting a vendor?

Global supply chains make purchasing easier because there are more options.

Outsourcing logistics gives a company less flexibility because it forces them to focus more on core businesses.

Introduction to Operations Management

Competitiveness, Strategy, and Productivity

Forecasting

Product and Service Design

Strategic Capacity Planning for Products and Services

Process Selection and Facility Layout

Work Design and Measurement

Location Planning and Analysis

Management of Quality

Quality Control

Aggregate Planning and Master Scheduling

Inventory Management

MRP and ERP

Jit and Lean Operations

Scheduling

Project Management

Management of Waiting Lines

Linear Programming

Filters

Exam 15: Supply Chain Management

Using third-party logistics involves using your organization's logistics function to ship to customers that are not officially part of the supply chain.

Vendor analysis is the examination of the _________ of purchased materials.

Some firms have structured their procurement function to include both centralized and decentralized purchasing.

Small changes in consumer demand can result in large variations in orders placed because of the

Disintermediation occurs when the traditional retailer or service provider is reduced or eliminated in a supply chain.

Which of the following is not a benefit of RFID?

The materials in the supply chain flow toward the end of the chain, while the information and the dollars move toward the beginning of the chain.

Examination of the sources of supply for purchased parts or materials in order to improve performance is called

Which of the following would not usually be a main factor in selecting a vendor?

Global supply chains make purchasing easier because there are more options.

Outsourcing logistics gives a company less flexibility because it forces them to focus more on core businesses.

Introduction to Operations Management

Competitiveness, Strategy, and Productivity

Forecasting

Product and Service Design

Strategic Capacity Planning for Products and Services

Process Selection and Facility Layout

Work Design and Measurement

Location Planning and Analysis

Management of Quality

Quality Control

Aggregate Planning and Master Scheduling

Inventory Management

MRP and ERP

Jit and Lean Operations

Scheduling

Project Management

Management of Waiting Lines

Linear Programming

Filters