Question 1

The ________ model focuses on the supply chain processes plan,source,make,deliver,and return.

Accepted Answer

SCOR (supp

Question 2

Which one of the following statements is TRUE about purchasing?

Accepted Answer

A) Purchasing's primary role is to satisfy the firm's long-term supply needs. 
B) Purchasing's primary role should be placing and tracking orders. 
C) Purchasing's primary role is to negotiate lower prices. 
D) Purchasing's primary role is to negotiate prices and delivery dates. 
A) Purchasing's primary role is to satisfy the firm's long-term supply needs. 
B) Purchasing's primary role should be placing and tracking orders. 
C) Purchasing's primary role is to negotiate lower prices. 
D) Purchasing's primary role is to negotiate prices and delivery dates.

Question 3

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 Lexington Tire's total weighted score?

Accepted Answer

A) 570 
B) 100 
C) 23 
D) 605 
A) 570 
B) 100 
C) 23 
D) 605

Question 4

The bullwhip effect results in greater demand variability at the ________ end of the supply chain and lesser demand variability at the ________ end of the supply chain.

Accepted Answer

factory or

Question 5

The SCOR model provides guidelines for how materials are to be delivered along a supply chain.

Accepted Answer

A) True 
 B)False

Question 6

A new product development team that is composed of product and process engineers,marketers,quality specialists,and buyers that work together to make sure the new product can actually be built is engaging in:

Accepted Answer

A) concurrent engineering. 
B) joint application development. 
C) reverse logistics. 
D) core process design. 
A) concurrent engineering. 
B) joint application development. 
C) reverse logistics. 
D) core process design.

Question 7

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.How many shipments per year are required if State is the supplier selected?

Accepted Answer

A) 13.3 
B) 40 
C) 200 
D) 10 
A) 13.3 
B) 40 
C) 200 
D) 10

Question 8

Green purchasing involves identifying,assessing,and managing the flow of environmental waste and finding ways to reduce it and minimize its impact on the environment.

Accepted Answer

A) True 
 B)False

Question 9

SKUs with higher volumes and lower weekly variability may be best served with a make- to-stock supply chain design.

Accepted Answer

A) True 
 B)False

Question 10

Use the following to answer the questions below.
The Burdell Wheel and Tire Company assembles tires to wheel rims for use on cars during manufacture of vehicles by the automotive industry.Burdell wants to locate a low-cost supplier for the tires he uses in his assembly operation.The supplier will be selected based on total annual cost to supply Burdell's needs.Burdell's annual requirements are for 25,000 tires,and the company operates 250 days a year.The following data are available for two suppliers being considered.
  
-Refer to the instruction above.What are the total annual costs if Lexington Tire is the supplier selected?

Accepted Answer

A) $791,600 
B) $792,600 
C) $772,320 
D) $769,320 
A) $791,600 
B) $792,600 
C) $772,320 
D) $769,320

Question 11

Use the following to answer the questions below.
The Burdell Wheel and Tire Company assembles tires to wheel rims for use on cars during manufacture of vehicles by the automotive industry.Burdell wants to locate a low-cost supplier for the tires he uses in his assembly operation.The supplier will be selected based on total annual cost to supply Burdell's needs.Burdell's annual requirements are for 25,000 tires,and the company operates 250 days a year.The following data are available for two suppliers being considered.
  
-Refer to the instruction above.What are the annual inventory costs if the lower inventory cost supplier is selected?

Accepted Answer

A) $5,220 
B) $9,600 
C) $6,600 
D) $6,320 
A) $5,220 
B) $9,600 
C) $6,600 
D) $6,320

Question 12

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 volume flexibility 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.
   Using the preference matrix approach for selecting suppliers,which supplier should Burdell select?

Accepted Answer

The answer of The Burdell Wheel and Tire Company has...

Question 13

A buyer has more purchasing power when fewer substitutes are available.

Accepted Answer

A) True 
 B)False

Question 14

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 (total weighted score)approach for selecting suppliers,which supplier should Steele select?

Accepted Answer

A) State 
B) Acme 
C) Either is acceptable-their preference matrix scores are the same. 
D) More information is needed to make this decision. 
A) State 
B) Acme 
C) Either is acceptable-their preference matrix scores are the same. 
D) More information is needed to make this decision.

Question 15

Steve-O engaged in ________ by using only suppliers that recycled and managed their flow of environmental waste.

Accepted Answer

The answer of Steve-O engaged in ________ by using only...

Question 16

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.
   Using the preference matrix (total weighted score)approach for selecting suppliers,which supplier should Steele select? What is the total weighted score?

Accepted Answer

State,with

Question 17

________ is a supplier relation in which the buyer and seller are partners,each helping the other as much as possible.

Accepted Answer

Cooperativ

Question 18

Use the following to answer the questions below.
The Burdell Wheel and Tire Company assembles tires to wheel rims for use on cars during manufacture of vehicles by the automotive industry.Burdell wants to locate a low-cost supplier for the tires he uses in his assembly operation.The supplier will be selected based on total annual cost to supply Burdell's needs.Burdell's annual requirements are for 25,000 tires,and the company operates 250 days a year.The following data are available for two suppliers being considered.
  
-Refer to the instruction above.What are the annual material savings available when comparing the two suppliers?

Accepted Answer

A) $25,000 
B) $150,000 
C) $725,000 
D) $3,000 
A) $25,000 
B) $150,000 
C) $725,000 
D) $3,000

Question 19

The Burdell Wheel and Tire Company assembles tires to wheel rims for use on cars during manufacture of vehicles by the automotive industry.Burdell wants to locate a low-cost supplier for the tires he uses in his assembly operation.The supplier will be selected based on total annual cost to supply Burdell's needs.Burdell's annual requirements are for 25,000 tires,and the company operates 250 days a year.The following data are available for two suppliers being considered.
   Using the Total Cost Analysis for Supplier Selection,which supplier should Burdell choose? Provide details to justify your answer.

Accepted Answer

Irmo Auto Total Cost

Question 20

The finished goods of one firm may actually be the raw materials for another firm.

Accepted Answer

A) True 
 B)False

The ________ model focuses on the supply chain processes plan,source,make,deliver,and return.

Which one of the following statements is TRUE about purchasing?

The bullwhip effect results in greater demand variability at the end of the supply chain and lesser demand variability at the end of the supply chain.

The SCOR model provides guidelines for how materials are to be delivered along a supply chain.

A new product development team that is composed of product and process engineers,marketers,quality specialists,and buyers that work together to make sure the new product can actually be built is engaging in:

Green purchasing involves identifying,assessing,and managing the flow of environmental waste and finding ways to reduce it and minimize its impact on the environment.

SKUs with higher volumes and lower weekly variability may be best served with a make- to-stock supply chain design.

A buyer has more purchasing power when fewer substitutes are available.

Steve-O engaged in ________ by using only suppliers that recycled and managed their flow of environmental waste.

________ is a supplier relation in which the buyer and seller are partners,each helping the other as much as possible.

The finished goods of one firm may actually be the raw materials for another firm.

Using Operations to Compete

Project Management

Process Strategy

Process Analysis

Quality and Performance

Capacity Planning

Constraint Management

Lean Systems

Supply Chain Inventory Management

Supply Chain Design

Supply Chain Location Decisions

Supply Chain Sustainability and Humanitarian Logistics

Forecasting

Operations Planning and Scheduling

Resource Planning

Decision Making

Waiting Line

Special Inventory Models

Linear Programming

Simulation

Financial Analysis

Acceptance Sampling Plans

Measuring Output Rates

Learning Curve Analysis

Operations Scheduling

Filters

Exam 12: Supply Chain Integration

The ________ model focuses on the supply chain processes plan,source,make,deliver,and return.

Which one of the following statements is TRUE about purchasing?

The bullwhip effect results in greater demand variability at the ________ end of the supply chain and lesser demand variability at the ________ end of the supply chain.

The SCOR model provides guidelines for how materials are to be delivered along a supply chain.

A new product development team that is composed of product and process engineers,marketers,quality specialists,and buyers that work together to make sure the new product can actually be built is engaging in:

Green purchasing involves identifying,assessing,and managing the flow of environmental waste and finding ways to reduce it and minimize its impact on the environment.

SKUs with higher volumes and lower weekly variability may be best served with a make- to-stock supply chain design.

A buyer has more purchasing power when fewer substitutes are available.

Steve-O engaged in ________ by using only suppliers that recycled and managed their flow of environmental waste.

________ is a supplier relation in which the buyer and seller are partners,each helping the other as much as possible.

The finished goods of one firm may actually be the raw materials for another firm.

Using Operations to Compete

Project Management

Process Strategy

Process Analysis

Quality and Performance

Capacity Planning

Constraint Management

Lean Systems

Supply Chain Inventory Management

Supply Chain Design

Supply Chain Location Decisions

Supply Chain Sustainability and Humanitarian Logistics

Forecasting

Operations Planning and Scheduling

Resource Planning

Decision Making

Waiting Line

Special Inventory Models

Linear Programming

Simulation

Financial Analysis

Acceptance Sampling Plans

Measuring Output Rates

Learning Curve Analysis

Operations Scheduling

Filters

The bullwhip effect results in greater demand variability at the end of the supply chain and lesser demand variability at the end of the supply chain.