Question 1

The supply chain for a brewery would include raw ingredients such as hops and barley but not the manufactured goods such as bottles and cans.

Accepted Answer

A) True 
 B)False

Question 2

________ is the term describing purchasing facilitated through the Internet.

Accepted Answer

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

Question 3

How does the pursuit of a response strategy impact the supply chain decisions of: (1)primary supplier selection criteria, (2)supply chain inventory, (3)distribution network,and (4)product design characteristics?

Accepted Answer

(1)Suppliers should be selected primaril

Question 4

What type of negotiating strategy requires the supplier to open its books to the purchasers?

Accepted Answer

A) cost-based price model 
B) market-based price model 
C) competitive bidding 
D) price-based model 
E) transparent negotiations 
A) cost-based price model 
B) market-based price model 
C) competitive bidding 
D) price-based model 
E) transparent negotiations

Question 5

Which of the following characteristics is NOT common to all four of Darden Restaurants' supply channels?

Accepted Answer

A) supplier qualification 
B) product tracking 
C) independent audits 
D) refrigeration 
E) just-in-time delivery 
A) supplier qualification 
B) product tracking 
C) independent audits 
D) refrigeration 
E) just-in-time delivery

Question 6

Which of the following devices represents an opportunity for technology to improve security of container shipments?

Accepted Answer

A) devices that identify truck and container location 
B) devices that sense motion 
C) devices that measure radiation or temperature 
D) devices that can communicate the breaking of a container lock or seal 
E) all of the above 
A) devices that identify truck and container location 
B) devices that sense motion 
C) devices that measure radiation or temperature 
D) devices that can communicate the breaking of a container lock or seal 
E) all of the above

Question 7

A disadvantage of the "few suppliers" sourcing strategy is:

Accepted Answer

A) the risk of not being ready for technological change. 
B) the lack of cost savings for customers and suppliers. 
C) possible violations of the Sherman Antitrust Act. 
D) the high cost of changing partners. 
E) the suppliers are less likely to understand the broad objectives of the procuring firm and the end customer. 
A) the risk of not being ready for technological change. 
B) the lack of cost savings for customers and suppliers. 
C) possible violations of the Sherman Antitrust Act. 
D) the high cost of changing partners. 
E) the suppliers are less likely to understand the broad objectives of the procuring firm and the end customer.

Question 8

Operations managers are finding online auctions a fertile area for disposing of discontinued inventory.

Accepted Answer

A) True 
 B)False

Question 9

TAL Apparel's management of its supply chain for Stafford shirts sold at JCPenney is an example of which of the following?

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 10

The bullwhip effect:

Accepted Answer

A) occurs as orders are relayed from retailers to distributors to wholesalers to manufacturers. 
B) results in increasing fluctuations at each step of the sequence. 
C) increases the costs associated with inventory in the supply chain. 
D) occurs because of distortions in information in the supply chain. 
E) All of the above are true. 
A) occurs as orders are relayed from retailers to distributors to wholesalers to manufacturers. 
B) results in increasing fluctuations at each step of the sequence. 
C) increases the costs associated with inventory in the supply chain. 
D) occurs because of distortions in information in the supply chain. 
E) All of the above are true.

Question 11

While freight rates are often based on very complicated pricing systems,in general,the primary freight price factor is based on which of the following attributes?

Accepted Answer

A) damage record 
B) on-time delivery 
C) door-to-door service 
D) speed of shipment 
E) consolidation capabilities 
A) damage record 
B) on-time delivery 
C) door-to-door service 
D) speed of shipment 
E) consolidation capabilities

Question 12

________ is developing the ability to produce goods or services previously purchased or actually buying a supplier or a distributor.

Accepted Answer

Vertical i

Question 13

Supply chain decisions are not generally strategic in nature,because purchasing is not a large expense for most firms.

Accepted Answer

A) True 
 B)False

Question 14

Cross-sourcing describes the practice of having two suppliers provide every component.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is NOT an advantage of the "few suppliers" sourcing strategy?

Accepted Answer

A) suppliers have a learning curve that yields lower transaction and production costs 
B) suppliers are more likely to understand the broad objectives of the end customer 
C) less vulnerable trade secrets 
D) creation of value by allowing suppliers to have economies of scale 
E) suppliers' willingness to provide technological expertise 
A) suppliers have a learning curve that yields lower transaction and production costs 
B) suppliers are more likely to understand the broad objectives of the end customer 
C) less vulnerable trade secrets 
D) creation of value by allowing suppliers to have economies of scale 
E) suppliers' willingness to provide technological expertise

Question 16

A firm that employs a response strategy should minimize inventory throughout the supply chain.

Accepted Answer

A) True 
 B)False

Question 17

Of the four stages of supplier selection,the stage at which the factor weighting approach would be used is ________.

Accepted Answer

The answer of Of the four stages of supplier selection,the...

Question 18

What is e-procurement?

Accepted Answer

Purchasing

Question 19

Identify some technological advances that can serve to improve logistics management and also improve shipping security.

Accepted Answer

They include devices that can detect a b

Question 20

What are several advantages of shipping by truck?

Accepted Answer

The advantages of shipping by

Exam 11: Supply Chain Management

The supply chain for a brewery would include raw ingredients such as hops and barley but not the manufactured goods such as bottles and cans.

________ is the term describing purchasing facilitated through the Internet.

How does the pursuit of a response strategy impact the supply chain decisions of: (1)primary supplier selection criteria, (2)supply chain inventory, (3)distribution network,and (4)product design characteristics?

What type of negotiating strategy requires the supplier to open its books to the purchasers?

Which of the following characteristics is NOT common to all four of Darden Restaurants' supply channels?

Which of the following devices represents an opportunity for technology to improve security of container shipments?

A disadvantage of the "few suppliers" sourcing strategy is:

Operations managers are finding online auctions a fertile area for disposing of discontinued inventory.

TAL Apparel's management of its supply chain for Stafford shirts sold at JCPenney is an example of which of the following?

The bullwhip effect:

While freight rates are often based on very complicated pricing systems,in general,the primary freight price factor is based on which of the following attributes?

________ is developing the ability to produce goods or services previously purchased or actually buying a supplier or a distributor.

Supply chain decisions are not generally strategic in nature,because purchasing is not a large expense for most firms.

Cross-sourcing describes the practice of having two suppliers provide every component.

Which of the following is NOT an advantage of the "few suppliers" sourcing strategy?

A firm that employs a response strategy should minimize inventory throughout the supply chain.

Of the four stages of supplier selection,the stage at which the factor weighting approach would be used is ________.

What is e-procurement?

Identify some technological advances that can serve to improve logistics management and also improve shipping security.

What are several advantages of shipping by truck?

Operations and Productivity

Operations Strategy in a Global Environment

Project Management

Forecasting

Design of Goods and Services

Managing Quality

Process Strategy

Location Strategies

Layout Strategies

Human Resources,job Design,and Work Measurement

Inventory Management

Aggregate Planning and Sop

Material Requirements Planning Mrpand ERP

Short-Term Scheduling

Lean Operations

Maintenance and Reliability

Sustainability in the Supply Chain

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