1. The downstream part of the supply chain includes the activities of a company with its suppliers,...
Question:
1. The downstream part of the supply chain includes the activities of a company with its suppliers, which can be manufacturers, assemblers, or both, or service providers, and their connections with their suppliers.
a) True
b) False
2. With vendor-managed inventory, retailers make their suppliers responsible for determining when to order and how much to order. The retailer provides the supplier with real-time information such as point-of-sale data, inventory levels, and a threshold below which orders are replenished.
a) True
b) False
3. If a company wants to dispose of unwanted assets without advertising to the public that it is doing so, an intermediary-conducted public auction is a logical choice.
a) True
b) False
4. The last fifteen orders from a manufacturer to its suppliers range from $100,000 to $8,750,000. This is an example of:
a) supply inadequacy.
b) demand manipulation.
c) order instability.
d) the bullwhip effect.
5. ________ are collaborative tools that enable people to work on the same files and documents, making changes in a very rapid way.
a) Lotus Notes
b) Portals
c) Wikis
d) Document management
6. The e-SCM process that includes integrated production and distribution processes is:
a) supply chain replenishment.
b) e-logistics.
c) collaborative planning.
d) e-procurement.
7. In a sell-side e-marketplace, a business sells its products and services to other business customers, frequently over its:
a) exchange.
b) extranet.
c) Web service.
d) intranet.
8. ________ is a business strategy that enables manufacturers to control and share product-related data as part of product design and development efforts.
a) Product lifecycle management
b) Internal commerce
c) Advanced planning and scheduling
d) Collaborative planning
9. With a bartering exchange, a company submits its surplus to the exchange and receives:
a) cash minus a small commission for services.
b) an equivalent amount of products or services.
c) points of credit, which the company can then use to buy items that it needs.
d) interest payments until it buys something from the exchange.
10. The purchase of goods and services as they are needed, usually at prevailing market prices, is referred to as ________.
a) direct materials
b) strategic sourcing
c) spot buying
d) consolidation
Managing Operations Across the Supply Chain
ISBN: 978-0078024030
2nd edition
Authors: Morgan Swink, Steven Melnyk, Bixby Cooper, Janet Hartley