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 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
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Using thirdparty 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
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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
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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 andor lost goodwill when something goes wrong.
Group of answer choices
most ethical
most responsible
buying
supplying
most visible
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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
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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.
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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
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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.
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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
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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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