A) receiving, storing, and issuing finished goods to consumers
B) activities associated with transforming inputs into final products
C) receiving, inventorying, and issuing material to the production activities
D) providing services to customers to maintain the value of the product
Correct Answer
verified
Multiple Choice
A) Lowest transportation cost
B) Lowest total cost
C) Optimal warehouse location
D) Improved third-party logistics (3PL) collaboration
Correct Answer
verified
Multiple Choice
A) Automation of supplier sales activities
B) Elimination of formal contracts
C) Reduction in customer and supplier inventories
D) Standardization of communications
Correct Answer
verified
Multiple Choice
A) Tree diagram
B) Pareto chart
C) Process map
D) Affinity diagram
Correct Answer
verified
Multiple Choice
A) To communicate a company's total revenue growth
B) To disclose a company's sustainability performance and impact
C) To advise a company's overall change management progress
D) To share a company's cumulative information technology adoption
Correct Answer
verified
Multiple Choice
A) Customer, internal process, workforce learning and growth, financial
B) Customer, operations, internal process, financial
C) Customer, operations, internal process, workforce learning and growth
D) Customer, marketing, operations, financial
Correct Answer
verified
Multiple Choice
A) It is not a component in the bill of material (BOM) .
B) It is needed for the efficient functioning of the business.
C) It is a component in the bill of material.
D) It is the lowest unit cost item.
Correct Answer
verified
Multiple Choice
A) establish a tiered pricing structure based on service levels and refuse to discount premier service
B) increase product price by 30% to 50% within 3 to 6 months of the customer's initial order
C) ask the customer to order products in much higher quantities than they typically do
D) gradually reduce the quality of customer service
Correct Answer
verified
Multiple Choice
A) Purchasing goods and services aimed at exploiting global efficiencies in production
B) Taking into account the long-term impact of procurement on people, profit, and the planet
C) Purchasing at fair prices to promote producers in disadvantaged and developing countries
D) Promoting positive social change through organizational buying behavior
Correct Answer
verified
Multiple Choice
A) Make-to-stock
B) Assemble-to-order
C) Make-to-order
D) Engineer-to-order
Correct Answer
verified
Multiple Choice
A) Modular logistics
B) Reverse logistics
C) Mixed model
D) Lateral
Correct Answer
verified
Multiple Choice
A) Decreasing manufacturing efficiency
B) Increasing work in process (WIP) inventory
C) Increasing raw material costs
D) Decreasing customer satisfaction
Correct Answer
verified
Multiple Choice
A) storing cycle inventory in the distribution centers.
B) storing finished-goods inventory at the manufacturing plants.
C) transportation from the distribution centers to the customer.
D) transportation from the plant to the distribution centers.
Correct Answer
verified
Multiple Choice
A) Local distribution centers serving retailers and online sales
B) Centralized cross-docking facilities serving retailers and online sales
C) A centralized distribution center serving retailers and direct shipment from the factory serving online sales
D) A centralized distribution center serving retailers with transshipment arrangements serving online sales
Correct Answer
verified
Multiple Choice
A) initiating 100% product inspection.
B) outsourcing the design process.
C) broadening design specifications.
D) applying Six Sigma principles.
Correct Answer
verified
Multiple Choice
A) Production volume flexibility
B) Total supply chain cost
C) Supply chain response time
D) Order fulfillment lead times
Correct Answer
verified
Multiple Choice
A) Longer lead times
B) Higher product obsolescence
C) Lower economies of scale
D) Smaller production batches
Correct Answer
verified
Multiple Choice
A) Number of inventory receipts
B) Inventory usage
C) Inventory returns
D) In-stock rate
Correct Answer
verified
Multiple Choice
A) getting all vendors to computerize.
B) translating data into universal standards.
C) convincing the information technology department of the value.
D) explaining the reason for change to customers.
Correct Answer
verified
Multiple Choice
A) Employee ethics
B) Community conduct
C) Backed-by-business
D) Social sustainability
Correct Answer
verified
Showing 361 - 380 of 424
Related Exams