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| 1 | |
Supply-chain strategy concepts are applicable to what types of companies? |
| | A) | Manufacturing |
| | B) | Service |
| | C) | Restaurants |
| | D) | Airlines |
| | E) | All of the above |
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| 2 | |
Consider the following data from a company annual report: <![CDATA[<a onClick="window.open('/olcweb/cgi/pluginpop.cgi?it=jpg::::/sites/dl/free/0078024021/982672/ch16_img1.jpg','popWin', 'width=NaN,height=NaN,resizable,scrollbars');" href="#"><img valign="absmiddle" height="16" width="16" border="0" src="/olcweb/styles/shared/linkicons/image.gif"> (19.0K)</a>]]>
The inventory turnover for this company is: |
| | A) | 4.0 |
| | B) | 8.0 |
| | C) | 10.67 |
| | D) | 32 |
| | E) | 2.0 |
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| 3 | |
Consider the following data from a company annual report:  <![CDATA[<a onClick="window.open('/olcweb/cgi/pluginpop.cgi?it=jpg::::/sites/dl/free/0078024021/982672/ch16_img2.jpg','popWin', 'width=NaN,height=NaN,resizable,scrollbars');" href="#"><img valign="absmiddle" height="16" width="16" border="0" src="/olcweb/styles/shared/linkicons/image.gif"> (18.0K)</a>]]>
Lower values of inventory turn are considered better for a company. |
| | A) | True |
| | B) | False |
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| 4 | |
Which of the following product promotional activities would probably help make the supply chain more efficient? |
| | A) | Price promotions that expire on a specific date |
| | B) | An "everyday" low price strategy where prices are not dependent on quantity delivered with a specific order |
| | C) | Special packaging for a specific event that occurs one time each year |
| | D) | A 2-for-1 price promotion |
| | E) | All of the above |
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| 5 | |
The phenomenon of magnification of demand variability, as we move from the customer to the producer in the supply chain, is referred to as the: |
| | A) | Postponement effect |
| | B) | Elasticity of demand |
| | C) | Bullwhip effect |
| | D) | Price deflator |
| | E) | Just-in-time approach |
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| 6 | |
According to Hau Lee, a supply side of the supply chain expert, which of the following types of products need to be delivered with efficient supply chains? |
| | A) | Custom products |
| | B) | Innovative products |
| | C) | Grocery products |
| | D) | High technology products |
| | E) | Responsive products |
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| 7 | |
Supply chain response relates to the following: |
| | A) | How quickly a customer order can be filled |
| | B) | How quickly a company can react to a new competing product |
| | C) | How inexpensive the product is |
| | D) | A and B |
| | E) | All of the above |
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| 8 | |
Total cost of ownership consists of: |
| | A) | Acquisition costs |
| | B) | Ownership costs |
| | C) | Post-ownership costs |
| | D) | Maintenance costs |
| | E) | A, B and C |
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| 9 | |
What factors do companies need to consider when sourcing product? |
| | A) | Material costs |
| | B) | Transportation cost |
| | C) | Production costs |
| | D) | Outsourcing costs |
| | E) | All of the above |
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| 10 | |
An important strategy for localizing a product in the context of supply chain design is the following: |
| | A) | Postponing the task of differentiating a product until the last point in the supply network |
| | B) | Minimizing reengineering cost |
| | C) | Very high volume sales |
| | D) | Minimizing inventory cost |
| | E) | Low direct labor cost |
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