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Module Assignment Number 7

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177 views

Module Assignment Number 7

Uploaded by

geanne.ico.acct
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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1. Which of the following is not a goal of supply chain management?

A. fewer suppliers and long-term relationship


B. small lot sizes
C. on time deliveries
D. lowest possible transportation costs
E. delivery often to the place of use

2. Logistics includes all of these except:


A. the movement of materials within a production facility
B. incoming shipments of goods or materials
C. outgoing shipments of goods or materials
D. customer selection
E. returned goods processing

3. Small changes in consumer demand can result in large variations in orders placed because of
the …
A. Supply chain
B. Safety stock requirement
C. Lead time effect
D. Bullwhip effect
E. FCFS scheduling

4. RFID chips:
(I) are used to track goods in distribution
(II) are used to track job progress in production
(III) may provide special instructions to operators
(IV) can be used in inventory record keeping
A. II and III only
B. I and II only
C. II, III, and IV
D. I, II, and IV
E. IV only

5. Which of the following is not a benefit of RFID?


A. increased productivity
B. elimination of paper work
C. frequent deliveries of smaller shipments
D. reduction in clerical labor
E. increased accuracy

6. A factor that makes it desirable for business organizations to actively manage their supply
chains is:
A. more potential vendors
B. increasing globalization
C. downsizing
D. the internet
E. RFID's

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


A. lower inventory costs
B. higher productivity
C. shorter lead times
D. greater customer loyalty
E. larger number of suppliers

8. Which of the following is not a measure of the reliability of the supply chain?
A. supply chain response time
B. on-time delivery
C. fill rate
D. lead time variability
E. improving e-fulfillment statistics

9. The automatic identification of material is part of:


A. holding costs
B. RFID
C. working capital reduction
D. net present value calculations
E. vendor analysis

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


A. internet buying and selling
B. e-mail
C. order and shipment tracking
D. electronic data interchange (EDI)
E. universal product codes

11. 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
A. I
B. II
C. I and II
D. II and III
E. I, II, and III

12. 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.
A. I only
B. I and II
C. II and III
D. I and III
E. I, II and III

13. _________ has helped business concentrate on their core business.


A. Supply Chains
B. Scheduling
C. Outsourcing
D. ERP
E. Lean Production

14. Outsourcing followed by __________ is not simple.


A. Integration
B. Unionization
C. Backsourcing
D. Computerization
E. Just-in-time

15. The interface between the firm and its suppliers is:
A. purchasing
B. production
C. distribution
D. engineering
E. accounting

16. The two types of decisions that are relevant to supply chain management are:
A. Short, long term
B. Domestic, international
C. Location, layout
D. In-source, out-source
E. Strategic, operational

17. One important objective of purchasing is to:


A. set quality standards for purchased items
B. be knowledgeable about new products
C. maintain numerous sources of supply
D. obtain the lowest prices on all purchased items
E. determine the processes that should be used

18. The purchasing cycle begins with:


A. selecting a supplier
B. placing an order
C. evaluating potential vendors
D. conducting a value analysis
E. receiving a requisition
19. Examination of the sources of supply for purchased parts or materials in order to improve
performance is called:
A. vendor analysis
B. value analysis
C. negotiated purchasing
D. reverse engineering
E. disintegration

20. Vendor analysis has the greatest potential for savings for items which have:
A. low cost per unit
B. low annual cost-volume
C. high cost per unit
D. high annual usage
E. high annual cost-volume

21. Which of the following is not true of vendor analysis?


A. It involves an examination of the function of purchased parts or raw materials.
B. Its purpose is to reduce costs and/or improve performance of purchased goods or services.
C. It is usually performed only periodically.
D. Representatives from design and operations may work with purchasing.
E. If improvements are identified, purchasing implements those that purchasing agrees are
justified.

22. Which of the following is not a performance driver?


A. Quality
B. Cost
C. Stability
D. Velocity
E. Flexibility

23. Which of the following would not usually be a main factor in selecting a vendor?
A. location
B. price
C. quality
D. inventory turnover
E. vendor services

24. 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.
A. II and III
B. I, II, and III
C. I only
D. I and II
E. I and III
25. Which of the following is not a key consideration when a company chooses a supplier?
A. lead time and on-time delivery
B. reputation and financial stability
C. value analysis
D. quality and Quality assurance
E. flexibility of design change

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


A. potential for quantity discounts
B. better service from suppliers
C. quick response to local needs
D. potential for use of purchasing specialists
E. supplier research

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


A. an emphasis on low prices
B. one or a few suppliers
C. low flexibility
D. 100% inspection for quality
E. low volume

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


A. Function
B. Source
C. Quality
D. Cycle
E. Quantity.

29. A system for inventory management involving multi-echelon warehouses is called:


A. MRP
B. EOQ
C. CRP
D. JIT
E. DRP

30. 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.

31. The activity which begins with a request from within the organization is:
A. Outsourcing search
B. Purchasing cycle
C. Supplier selection
D. Order receipt
E. Supply chain management
32. 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

33. Real time information about product movement on store shelves could benefit from the use
of:
A. batch processing
B. economic order quantities
C. statistical process control
D. radio frequency identification tags
E. infrared remote scanners
34. The website and order fulfillment are essential features of:
A. delayed differentiation
B. e-commerce
C. internet service providers
D. inventory balancing
E. market segmentation

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