Exam 12: Supply Chain Integration

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Use the following to answer the questions below. The Steele Bike Company assembles bicycles for a major retail toy outlet.The main purchase is bicycle frames for making these bicycles.Dan Steele,the owner,wants to locate a low-cost supplier for the frames used in this assembly operation.The supplier will be selected based on total annual cost to supply Steele's needs.Annual requirements are for 100,000 frames,and the company operates 200 days a year.Two suppliers,Acme and State,have quoted the same price for the frames,but quantities,lead times and shipping costs are considerably different.The following data are available for the two suppliers. Use the following to answer the questions below. The Steele Bike Company assembles bicycles for a major retail toy outlet.The main purchase is bicycle frames for making these bicycles.Dan Steele,the owner,wants to locate a low-cost supplier for the frames used in this assembly operation.The supplier will be selected based on total annual cost to supply Steele's needs.Annual requirements are for 100,000 frames,and the company operates 200 days a year.Two suppliers,Acme and State,have quoted the same price for the frames,but quantities,lead times and shipping costs are considerably different.The following data are available for the two suppliers.    -Refer to the instruction above.What are the annual material costs for Acme? -Refer to the instruction above.What are the annual material costs for Acme?

(Multiple Choice)
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Use the following to answer the questions below. The Burdell Wheel and Tire Company has completed a total cost analysis for two suppliers of tires to support their business.They also consider delivery speed,consistent quality and environmental sensitivity in their selection process.Each criterion is given a weight (total = 100 points),and each supplier is scored on each criterion (1 = poor,10 = excellent).The data are shown in the following table. Use the following to answer the questions below. The Burdell Wheel and Tire Company has completed a total cost analysis for two suppliers of tires to support their business.They also consider delivery speed,consistent quality and environmental sensitivity in their selection process.Each criterion is given a weight (total = 100 points),and each supplier is scored on each criterion (1 = poor,10 = excellent).The data are shown in the following table.    -Refer to the instruction above.Using the preference matrix approach for selecting suppliers,what is Irmo Auto's total weighted score? -Refer to the instruction above.Using the preference matrix approach for selecting suppliers,what is Irmo Auto's total weighted score?

(Multiple Choice)
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Knoxville Industries had their supplier design the improved body armor for their new apparel.This level of supplier involvement,known as ________ was sure to result in a pain free season.

(Essay)
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In a competitive orientation to negotiations between buyer and supplier,the buyer does not always possess the power in the relationship-the supplier sometimes holds the power and can exercise this power during negotiations with the buyer.

(True/False)
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Which of the following changes would decrease the likelihood of the bullwhip effect?

(Multiple Choice)
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Use the following to answer the questions below. The Steele Bike Company has completed a total cost analysis for two suppliers of bicycle frames to support their business.They also consider on-time speed,top quality and customization in their selection process.Each criterion is given a weight (total = 100 points),and each supplier is scored on each criterion (1 = poor,10 = excellent).The data are shown in the following table. Use the following to answer the questions below. The Steele Bike Company has completed a total cost analysis for two suppliers of bicycle frames to support their business.They also consider on-time speed,top quality and customization in their selection process.Each criterion is given a weight (total = 100 points),and each supplier is scored on each criterion (1 = poor,10 = excellent).The data are shown in the following table.    -Refer to the instruction above.Using the preference matrix approach for selecting suppliers,what is Acme's total weighted score? -Refer to the instruction above.Using the preference matrix approach for selecting suppliers,what is Acme's total weighted score?

(Multiple Choice)
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The practice whereby a manufacturer has inventories of materials on consignment from its suppliers falls under the scope of:

(Multiple Choice)
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List and describe typical disruptions to the external supply chains.

(Essay)
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Using rail to move large quantities of goods is relatively cheap,but transit times are long and often variable.

(True/False)
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The bullwhip effect is characterized by:

(Multiple Choice)
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The ________ process involves the activities required to deliver a product or service to a customer.

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Which of the following is NOT a stage in the New Service / Product Development Process?

(Multiple Choice)
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Drop shipping occurs when a retailer passes customer orders directly to a wholesaler or manufacturer,which then ships the order directly to the customer with the retailer's label on it.

(True/False)
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The practice of selecting suppliers and giving them significant responsibility for the design of certain components or systems of the product is called:

(Multiple Choice)
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What services are typically offered by a 3PL?

(Multiple Choice)
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The product development team ensures compatibility of the proposed product with corporate strategy and regulatory standards in the:

(Multiple Choice)
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A common disruption of the external supply chain is product and service mix changes.

(True/False)
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________ and ________ supply chain designs are well-suited to products with low demand and high variability.

(Essay)
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A cross-docking warehouse holds inventory from manufacturers until retailers are prepared to sell the items.

(True/False)
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________ is the awarding of a contract for an item or service to only one supplier.

(Essay)
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