7,8,9,10

7. The ABC method of classification classifies inventory by. A) unit costs B) annual costs C) annual usage D) unit costs x annual usage E) annual costs x annual usage 2 8. Local optimization is a supply chain complication best described as a. the result of supply chains built on suppliers with compatible corporate cultures b. obtaining very high production efficiency in a decentralized supply chain c. the prerequisite of global optimization d. optimizing one's local area without full knowledge of organizational needs e. the opposite of the bullwhip effect 9. A firm has four different production processes. Data for each of these processes is given below. Which process will not consistently produce products within design specifications? Process Process Process Standard Design Number Mean Deviation Tolerance 200 6 +15 2 400 5 +50 500 8 +40 4 2000 7 +80 1 A Process 1 B. Process 2 C. Process 3 D. Process 4 10. Companies can improve the triple bottom line with sustainability by minimizing what four things? A) raw material, transport, manufacture, and disposal B) people, planet, profit, and pollution C) pollution, carbon footprint, profit, and people D) lawsuits, advertisements, coupons, and layoffs E) raw material, energy, water, and waste