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- 1. Open EndedA supply chain ends with
- 2. Open EndedWhich of the following statements is NOT true?
- 3. Open EndedWhich of the following industries has the highest supply chain cost as a percentage of sales?
- 4. Open EndedA response strategy requires suppliers be selected based primarily on
- 5. Open EndedWhich of the following statements is NOT one of the differentiation strategy decisions?
- 6. Open EndedPrior to embarking on supply chain design, operations managers must first consider
- 7. Open EndedWhat is transferring a firm's activities that have traditionally been internal to external suppliers?
- 8. Open EndedWhich of the following statements is NOT one of the response strategy decisions?
- 9. Open EndedThe advantage of having few suppliers is to
- 10. Open EndedThe advantage of having many potential suppliers is their willingness to
- 11. Open EndedWhat is developing the ability to produce goods or services previously purchased or actually buying a supplier or a distributor?
- 12. Open EndedWhich of the following strategies is part collaboration, part purchasing from few suppliers, and part vertical integration?
- 13. Open EndedWhich of the following could reduce distribution risk?
- 14. Open EndedWhich of the following mitigation tactics could reduce economic risk?
- 15. Open EndedWhich of the following mitigation tactics is NOT designed to reduce the risk of information loss or distortion?
- 16. Open EndedWhich of the following statements is true regarding cross-sourcing?
- 17. Open EndedWhich of the following statements is NOT true regarding the bullwhip effect?
- 18. Open EndedWhat is a long-term purchase commitment to a supplier for items that are to be delivered against short-term releases to ship?
- 19. Open EndedA lawnmower assembly plant uses a variety of nuts, bolts, screws, and other fasteners in its operation. Its supplier delivers these items directly to the point of use on the assembly line and ensures that there are always sufficient quantities of fasteners to maintain the production schedule. This is an example of:
- 20. Open EndedThe do-it-yourselfer plucked a gallon can of base paint from the shelf of the local hardware store and handed it to Keith, the cheerful clerk at the paint counter. Their eyes met briefly and the do-it-yourselfer silently handed over sample 150C-1, Musical Mist, to the clerk. It was impractical to keep several gallons of every possible color on the shelves at the hardware store, so the paint manufacturer had created clever workaround. The workaround was a computer-based system that added predetermined quantities of pigments to a gallon can of base paint depending on the desired shade, in this case, Musical Mist. The hardware store now needed to stock only the base paint, this machine, and a small supply of paint pigments in order to create the thousands of colors in its catalog. This scenario is a prime example of:
- 21. Open EndedWhich of the following is the first stage of supplier selection?
- 22. Open EndedWhich negotiation strategy bases price on a published, auction, or index price?
- 23. Open EndedWith regard to the cost-based price model negotiation strategy, which of the following is true?
- 24. Open EndedWhich of the following is NOT one of the benefits accrued from a centralized purchasing function?
- 25. Open EndedAirfreight
- 26. Open EndedSupply chain managers outsource logistics to meet three goals:
- 27. Open EndedTrucking
- 28. Open EndedWhich of the following statements is NOT true regarding channel assembly?
- 29. Open EndedThree criteria for designing distribution networks to meet customer expectations are:
- 30. Open EndedWhich of the following statements is NOT generally an implication stemming from an increase in the number of facilities?
- 31. Open EndedWhen determining the optimal number of facilities, logistics-related costs do NOT usually include which of the following costs?
- 32. Open EndedWhich of the following statements is NOT true?
- 33. Open EndedWhich of the following statements is NOT true?
- 34. Open EndedWhich of the following is NOT true about reverse logistics as compared to forward logistics?
- 35. Open EndedWhat is a supply chain designed to optimize both forward and reverse flows?
- 36. Open EndedWhich organization has developed principles and standards to be used as guidelines for ethical behavior?
- 37. Open EndedThree common measures of supply chain performance are:
- 38. Open EndedThe cost to produce the goods or services sold for a given period is referred to as
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