4) Zara's value chain model focuses on two basic rules: "Give customers what they want, and get it to them faster than anyone else"

true or false

5) In the context of intellectual property of multinational enterprises, patents protect services

true or false

6) Third-Party Logistics Providers are a specialist company that provides a range of distribution, storage, transport and fulfillment services to customers. They can leverage business intelligence and analytics to create efficiencies and economies of scale in the supply chain

true or false

7) Supply-chain optimization (SCO) aims to ensure the optimal operation of a manufacturing and distribution supply chain

Links to an external site..^{[1]Links to an external site.} This includes the optimal placement of inventoryLinks to an external site. within the supply chain, minimizing operating costs including manufacturing costs, transportation costs, and distribution costs. Optimization often involves the application of mathematical modellingLinks to an external site. techniques using computer software. It is often considered to be part of supply chain engineeringLinks to an external site., although the latter is mainly focused on mathematical modellingLinks to an external site. approaches, whereas supply chain optimization can also be undertaken using qualitativeLinks to an external site., managementLinks to an external site.based approaches.

True or false

8) A Push System involves making requests and manufacturing on an as-need basis

true or false

9) In the context of sourcing, a single supplier often provides economies of scale and the ability to form close partnerships

true or false

10) The Center of Gravity Method is an approach that seeks to compute geographic coordinates for a potential single new facility that will minimize costs. Its an approach where the main inputs that it considers are Markets, Volume of Goods Shipped, and Shipping Costs.

true or false

Zara's value chain model focuses on two basic rules: "Give customers what they want, and get it to them faster than anyone else" True False 1 point In the context of intellectual property of multinational enterprises, patents protect services True False 1 point Third-Party Logistics Providers are a specialist company that provides a range of distribution, storage, transport and fulfillment services to customers. They can leverage business intelligence and analytics to create efficiencies and economies of scale in the supply chain True False 1 point In the context of sourcing, a single supplier often provides economies of scale and the ability to form close partnerships True False 1 point The Center of Gravity Method is an approach that seeks to compute geographic coordinates for a potential single new facility that will minimize costs. It's an approach where the main inputs that it considers are Markets, Volume of Goods Shipped, and Shipping Costs. True False 1 point Supply-chain optimization (SCO) aims to ensure the optimal operation of a manufacturing and distribution supply chain . [1] B This includes the optimal placement of inventory within the supply chain, minimizing operating costs including manufacturing costs, transportation costs, and distribution costs. Optimization often involves the application of mathematical modelling techniques using computer software. It is often considered to be part of supply chain engineering , although the latter is mainly focused on mathematical modelling approaches, whereas supply chain optimization can also be undertaken using qualitative , management based approaches. [2] True False 1 point A Push System involves making requests and manufacturing on an as-need basis. True False 1 point In the context of sourcing, a single supplier often provides economies of scale and the ability to form close partnerships