Supply Chain

For the manufacturing​ firm, tier 2 suppliers provide​ ______________ with components. A. the manufacturing​ firm's competitors B. tier 3 suppliers C. tier 1 suppliers D. distribution centers

Inversion​ Specialists, Inc., is relatively new in the industry and has calculated its inventory turnover at 5. What action would result in decreased inventory turns for Inversion​ Specialists, Inc.? A. Improve information flows with customers and supplier. B. Increase the average aggregate inventory value. C. Improve internal​ supply-chain relations. D. Increase sales.

A​ firm's database showed that the average value of all inventory items for the year was​ $7,650. The cost of goods sold was reported at​ $76,500. Because the company closes for two weeks each​ year, its business year is reduced in length. How many weeks of supply were held in​ inventory? A. 2.0 B. 0.2 C. 10.0 D. 5.0

Efficient supply chains are used by firms that A. must serve demand that is unpredictable. B. have a competitive priority of consistent quality. C. have high product variety. D. have frequent​ new-service/product introductions.

What is the one popular design for efficient supply​ chains? A. ​assemble-to-order (ATO) B. ​make-to-order (MTO) C. ​design-to-order (DTO) D. ​make-to-stock (MTS)

correct, Concept Question 4.4 Question Help Firms that design and build products entirely to the​ customer's specifications tend to use which of the following supply chain​ designs? A. ​design-to-order (DTO) B. ​make-to-stock (MTS) C. ​assemble-to-order (ATO) D. ​make-to-order (MTO)

The firm that allows customers to select from a variety of standard options to create the service or product of their choice is practicing A. postponement. B. channel assembly. C. mass customization. D. None of the above.

Pitfalls that should be carefully explored before outsourcing include A. the firm with a technology advantage may be setting up the other firm to be a future competitor. B. deciding to outsource a process before making a​ good-faith effort to fix the existing one. C. it is difficult to fully integrate outsourced processes with the​ firm's other processes. D. All of the above.