Question: Question 1 1 pts A company's supply chain involves the flow of materials and information from suppliers, through production, to the end users. Group of

Question 11 pts
A company's supply chain involves the flow of materials and information from suppliers, through production, to the end users.
Group of answer choices
True
False
Flag question: Question 2
Question 21 pts
Using third-party logistics involves using your organization's logistics function to ship to customers that are not officially part of the supply chain.
Group of answer choices
True
False
Flag question: Question 3
Question 31 pts
Frequent deliveries of small shipments can reduce inventory but also result in an increase in the transportation cost per unit.
Group of answer choices
True
False
Flag question: Question 4
Question 41 pts
One of the biggest ethical risks in supply chain management is that the __________ supply chain member tends to be the one that suffers the blame and/or lost goodwill when something goes wrong.
Group of answer choices
most ethical
most responsible
buying
supplying
most visible
Flag question: Question 5
Question 51 pts
Which of these aspects of supply chain management are especially concerning to small business?
(I) customer reliability
(II) inventory management
(III) purchasing costs
(IV) risk management
(V) international trade
Group of answer choices
III, IV, and V only
II, IV, and V only
I, III, and IV only
I, II, and III only
I and II only
Flag question: Question 6
Question 61 pts
Small changes in consumer demand can result in large variations in orders placed because of the:
Group of answer choices
lead time effect.
supply chain.
bullwhip effect.
safety stock requirement.
FCFS scheduling.
Flag question: Question 7
Question 71 pts
RFID chips:
(I) are used to track goods in distribution.
(II) are used to track job progress in production.
(III) are used to provide special instructions to operators.
(IV) can be used in inventory record keeping.
Group of answer choices
II, III, and IV
II and III only
I, II, and IV
I and II only
IV only
Flag question: Question 8
Question 81 pts
Examination of the sources of supply for purchased parts or materials in order to improve performance is called:
Group of answer choices
disintegration.
vendor analysis.
reverse engineering.
value analysis.
negotiated purchasing.
Flag question: Question 9
Question 91 pts
Which of the following is not a benefit of effective supply chain management?
Group of answer choices
larger number of suppliers
greater customer loyalty
lower inventory costs
higher productivity
shorter lead times
Flag question: Question 10
Question 101 pts
It is especially the case for small businesses that closer interactions and increased agility make __________ relatively more attractive.
Group of answer choices
centralized purchasing
decentralized purchasing
risk transfer
domestic suppliers
global suppliers

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