Exam 14: Supply Chain Integration

Suppliers can gain power from a number of sources in the buyer / supplier relationship.When a supplier values identification with a buyer,this is called a(n)________ source of power.

Table 14.1 Alison's Accessories is a high volume worldwide fashion house with outlets in 65 countries.Sadly,space does not permit an exhaustive list but once the test is over,check out their website.Kalil,the supply chain manager is conducting her usual thorough analysis of her final four candidates for supplier and has developed the following tables of pertinent costs and other shipping metrics.Regardless of supplier,Alison's Accessories will operate 220 days per year and has forecast annual demand of 250,000 units.Kalil has obtained quotes for three different shipment sizes (Freight Costs table).All costs are in US Dollars. Unit costs Freight Costs Other Costs -Use Table 14.1 to answer the question.As shipping volume increases from 15,000 to 25,000 to 50,000,which supplier experiences the smallest percentage increase in inventory cost?

________ is an extreme application of the forward placement tactic.

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

A catalog hub is a central distribution point where buyers may purchase items directly from manufacturers before the items are shipped to retailers.

The Bahouth Bike Company has completed an exhaustive analysis for four suppliers of bicycle frames to support their business.They considered 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 Bahouth select? What is its total weighted score?

The stage of new product or service development that links the creation of new services or products to the corporate strategy of the firm is called:

A common disruption of the external supply chain is engineering changes.

________ programs verify that potential suppliers have the capability to provide materials or services which the buying firms require.

The SCOR model requires a(n):

A strain is placed on the supply chain during the ramp-up stage of the development process due to changing volumes,quality issues and last minute design changes.

One way to mitigate the bullwhip effect is to refuse to offer discounts and sales.

________ are electronic marketplaces where buying and selling firms meet to do business,without protracted contract negotiations.

Table 14.1 Alison's Accessories is a high volume worldwide fashion house with outlets in 65 countries.Sadly,space does not permit an exhaustive list but once the test is over,check out their website.Kalil,the supply chain manager is conducting her usual thorough analysis of her final four candidates for supplier and has developed the following tables of pertinent costs and other shipping metrics.Regardless of supplier,Alison's Accessories will operate 220 days per year and has forecast annual demand of 250,000 units.Kalil has obtained quotes for three different shipment sizes (Freight Costs table).All costs are in US Dollars. Unit costs Freight Costs Other Costs -Use Table 14.1 to answer the question.Kalil believes that Alison's would benefit most from medium sized shipments of accessories from their chosen supplier.Which supplier would result in the lowest total cost using this criterion?

An electronic market that brings together textbook sellers,office supply companies,apparel vendors,and students is an example of an exchange.

Jackson Sheds has four different warehouse configurations under study,ranging from four warehouses to seven warehouses (only integer values).Each warehouse has a capacity of 200 units and costs $400 to maintain over the course of a year.Demand can range from 1000 units per year up to 2000 units in increments of 250 units.If the system warehouse capacity is sufficient to handle the year's demand,then the per unit cost is $2 per unit,but if the warehouse capacity is insufficient,the per unit cost for each unit in excess of system capacity is $5 per unit.The likelihood for each possible demand is shown in the table. Which warehouse configuration is BEST for Jackson Sheds?

________ is the management of the acquisition process,which includes deciding which suppliers to use,negotiating contracts,and deciding whether to buy locally.

Electronic Data Interchange enables the transmission of routine,standardized business documents from computer to computer over telephone or direct leased lines.

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

________ is the awarding of a contract for an item or service to only one supplier.