Exam 17: Global Production and Supply Chain Management

Just-in-time systems

Discuss the effect of country factors on the decision of where to locate production.

The term distribution center is rarely used today in a global context.

Describe the concept of minimum efficient scale of output. What are the implications of minimum efficient scale?

The argument for centralizing production will be greater if the minimum efficient scale of a plant relative to total global demand is low.

With ________ system, suppliers, shippers, and the purchasing firm can communicate with each other with no time delay.

________ is the outer packaging envelope that allows for easier handling or product transfer among international suppliers, manufacturers, distribution centers, retailers, and any other intermediaries in the global supply chain.

Deming argued that to keep pace with changes in the workplace

Modern consumer products such as personal computers serve universal needs.

Decentralization of production is appropriate when

What are the three main factors that affect the decision of where to locate production?

Which of the following makes being dependent on one location particularly risky?

Which of the following is a desired outcome of flexible manufacturing technology?

In the context of a tube of toothpaste, the box in which the toothpaste is shipped to the store from the warehouse is the primary packaging.

The idea that valuable knowledge does not reside just in a firm's domestic operations but can also be found in its foreign subsidiaries is called

The major cost saving associated with JIT systems comes from

When does concentration of production make sense?

An advantage of a ________ allows a firm to hedge against currency risks.

Which of the following is a characteristic of manufacturing technology that can be pivotal in deciding where to locate an international business?

Which of the following products will most likely have high value-to-weight ratios?