Question: There are 19 questions please if you can do it fast I have finals. The drivers of strategic sourcing include which of the following statements?
There are 19 questions please if you can do it fast I have finals.




















The drivers of strategic sourcing include which of the following statements? Development of ethical and sustainable sourcing initiatives Managing and improving supplier relationships and capabilities Identification and selection of environmentally and socially-conscious suppliers O Monitoring and rewarding supplier performance O All of the aboveSustainable Sourcing should seek to achieve which of the following goals? O Grow revenues through sustainable product introduction Reduce costs by increasing resource efficiencies Manage risk by linking brand to social consciousness of consumer Build intangible assets by building social and environmental responsbility All of the aboveTime Series Forecasting Techniques are used to detect which of the following variations? Seasonal, Smooth, Random, Consistent OCyclical, Weighted Average, Peak, Trend Trend, Cyclical, Seasonal, Random Random, Seasonal, Wavelike, HistoricalWhich of the following forecasting techniques is described as using the opinions of a group of senior management to develop a long-range plan O Jury of executive opinion O Delphi method Consumer survey Sales force compositeListen CPFR is a business practice that combines the intelligence of multiple trading partners in the planning and fulfillment of customer demands. True O False Previous Page Next Page Page 18 oWhich of the following statements is true about Collaborative Planning, Forecasting and Replenishment (CPFR)? Allows companies to shift their inventories to vendors and reduce inventory costs Provides the supply chain with many benefits but requires a fundamental change in the way that buyers and sellers work together Provides larger companies with an increased purchasing and negotiation power O Is only applicable to companies with the financial resources needed to implement the programWhich of the following are consider advantages of an Enterprise Resource Planning system? Adds visibility to reduce supply chain inventories OHelps standardize manufacturing processes Measures performance via a standardized method All of the aboveThe Chase Production Strategy adjust capacity to match demand by hiring and laying off workers to match demand. True FalseAn Aggregate Production Plan is used to plan production for a single product. True FalseCalculate the planned order release for Week 3 using the following information and choose the appropriate answer below. Part X Week Week Week Week Week 1 2 3 4 5 Gross Requirements 80 90 90 Scheduled Receipts 60 Projected Balance 120 Planned Order Releases Minimum Quantity/Order Q= 60 Lead Time in LT=3 weeks Safety stock SS=5 90 units 120 unitsWhich of the following is considered a common problem when implementing Enterprise Resource Planning Systems? O a) Lack of management commitment Ob) Lack of adequate resources O c) Lack of proper training O d) A and B O e) All of the aboveThe engine assembly would be considered the of the parts used to construct the engine assembly O a) Parent O b) Subassembly O c) Final Product O d) ComponentWhich of the following Material Requirement Plan terms is defined as "the number of components needed to make a unit of the parent item". Planned Order Release Planning Factor O Low-level Coding ExplosionWhich of the following products is considered to have dependent demand? O a) Motorcycle O b) Buttons for a television O c) Car Od) Fabric for an office chair O e) B and CUsing the following information, what is the production in units for the month of March using a Chase Production Strategy, assuming a January beginning inventory of 500 units and a March ending inventory of 200 units? Jan Feb Mar Demand 2000 2250 2500 2500 2250 2350 O 2900The Bullwhip Effect is best described as erratic demand forecasts causing excess safety stocks, which cause production planning problems. True FalseThe Council of Supply Chain Management Professionals describes Supply Chain Management as "the design and management of seamless, value-added processes across organizational boundaries to meet the needs of the end customer." True FalseOperations is one of the four foundations of Supply Chain Management. Which of the following concepts relates to Operations? Demand management, CPFR, inventory management, lean systems OLogistics management, customer relationship management, network design, global supply chains Supply base reduction, supplier alliances, global sourcing, sustainable sourcing O Barriers to integration, risk and security management, performance management, green supply chainsAccording to the textbook, the emphasis of today's Supply Chain Management includes which of the following? O Collaboration and strategic alliances O Sustainability and triple bottom line Continuous improvement and performance measurement Total Quality Management and Just-in-TimeCompanies can offset the high processing costs for small value purchase orders by introducing which of the following policies? Trackability O Blanket or Open-End purchase orders Negotiating lower ordering costs OSupply Management
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