Chapter 15 Final

Which of the following is not a goal of supply chain management?

Logistics includes all of these except:

Small changes in consumer demand can result in large variations in orders placed because of the ...

RFID chips: (I) are used to track goods in distribution (II) are used to track job progress in production (III) are used to provide special instructions to operators (IV) can be used in inventory record keeping

Which of the following is not a benefit of RFID?

A factor that makes it desirable for business organizations to actively manage their supply chains is:

Which of the following is not a benefit of effective supply chain management?

Which of the following is not a measure of the reliability of the supply chain?

The automatic identification of material is part of/facilitated by:

Which of the following is not an application of E-business?

Which of the following is an advantage of E-business? (I) reduction of transaction costs (II) shortened supply chain response time (III) greater customer loyalty

Which of the following is a barrier to integration of separate organizations in the supply chain? (I) conflicting objectives of the companies in the chain. (II) different level of capacity of the companies in the chain. (III) reluctance of the organizations in the chain to allow other organizations access to their data.

_________ has helped business concentrate on their core business.

Outsourcing followed by __________ is not simple.

The interface between the firm and its suppliers is:

The two types of decisions that are relevant to supply chain management are:

One important objective of purchasing is to:

The purchasing cycle begins with:

Examination of the sources of supply for purchased parts or materials in order to improve performance is called:

Vendor analysis has the greatest potential for savings for items which have:

Which of the following is not true of vendor analysis?

Which of the following is not a performance driver?

Which of the following would not usually be a main factor in selecting a vendor?

Which of the following is part of the purchasing cycle? (I) Purchasing selects a supplier. (II) Orders from vendors are received. (III) Purchasing receives a requisition.

Which of the following is least likely to be a key consideration when a company chooses a supplier?

Which of the following is not a benefit of centralized purchasing?

The purchasing perspective of the supplier as a partner is characterized by:

Vendor Analysis is the examination of the _________ of purchased materials.

Last quarter, a retailer sold 8,000 t-shirts, 7,000 of which were sold directly from on-hand inventory. This retailer's ________ was 88%.

Which of the following is a principle required for ethical behavior in purchasing? A. loyalty to employer. B. justice to those you deal with. C. faith in your profession. D. all of the above. E. none of the above.

The activity which begins with a request from within the organization is:

Our organization can obtain visibility to potential trading partners on the internet by using: A. C2C B. B2C C. B2B D. C2B E. None of the above

Real time information about product movement on store shelves could benefit from the use of:

The website and order fulfillment are essential features of:

A given inventory item has a per-year holding cost of $500. One method of shipping this item is three days faster than the other, but it is $2.50 more per unit. Using the slower method would be __________ more expensive overall than using the faster method.

Who loves you more than anyone in the whole world?