Which e$-$commerce business model used in procurement and sourcing has a seller$-$operated service that consists of a number of electronic catalogs from suppliers within a market?

Question $1$ options:

$1)$

Sell$-$side system

$2)$

Electronic marketplace

$3)$

Buy$-$side systems

$4)$

Online trading community

$5)$

None of these answers

What is often the largest component of logistics costs?

Question $2$ options:

$1)$

Inventory costs

$2)$

Transportation costs

$3)$

Shipper$-$related costs

$4)$

Administrative costs

In an MRP system, this document identifies all of the components required to assemble an independent demand item.

Question $3$ options:

$1)$

Inventory status file

$2)$

Bill of materials

$3)$

Master production schedule

$4)$

None of these answers

Demand management might be defined as focused efforts to estimate and manage customers' demand, with the intention of using this information to shape operating decisions.

Question $4$ options:

$1)$ True

$2)$ False

Question $5(1$ point$)$

The demographics of our society has changed because:

Question $5$ options:

$1)$

the "Baby Boom" generation is now turning $60.$

$2)$

of the increase in two$-$career families and single$-$parent households.

$3)$

of immigration.

$4)$

birth rates have changed.

Question $6(1$ point$)$

As the number of stocking points $($DCs$)$ is decreased in a distribution network, fixed costs will $\_\_\_\_\_$ and variable costs will $\_\_\_\_\_.$

Question $6$ options:

$1)$

decrease; decrease

$2)$

decrease; increase

$3)$

increase; increase

$4)$

increase; decrease

Question $7(1$ point$)$

There are seven steps in the Strategic Sourcing Methodology.

Question $7$ options:

$1)$ True

$2)$ False

Question $8(1$ point$)$

A push$-$based strategy works well for supply chains that focus on:

Question $8$ options:

$1)$

lean production.

$2)$

the anticipation of demand or without knowledge of customer orders.

$3)$

work centers and offshore sourcing.

$4)$

the immediate delivery of off$-$the$-$shelf, low$-$cost$,$ standardized goods.

Question $9(1$ point$)$

A channel of distribution is controlled by the marketing department, which selects the physical structures and intermediaries through which the product$($s$)$ flow.

Question $9$ options:

$1)$ True

$2)$ False

Question $10(1$ point$)$

The product's dollar value typically affects the cost of logistics activities. Which is not one of these costs?

Question $10$ options:

$1)$

Warehousing costs

$2)$

Transportation costs

$3)$

Promotion costs

$4)$

Packaging costs

Question $11(1$ point$)$

As the dollar value of a product increases, packaging costs:

Question $11$ options:

$1)$

increase.

$2)$

decrease.

$3)$

stay the same.

$4)$

can't be determined.

Question $12(1$ point$)$

The utility created through the basic marketing activities is known as place utility.

Question $12$ options:

$1)$ True

$2)$ False

Question $13(1$ point$)$

Which of the following is not an important issue for economic development and vitality of the economy?

Question $13$ options:

$1)$

Migration

$2)$

Urbanization

$3)$

Entrepreneurship

$4)$

None of these answers

Question $14(1$ point$)$

Four types of forecast error measures can be used. Which one of the following is not one of the four types?

Question $14$ options:

$1)$

Cumulative sum of forecast errors

$2)$

Exponential smoothing for trends

$3)$

Mean squared error

$4)$

Mean absolute deviation

Question $15(1$ point$)$

$\_\_\_\_\_,\_\_\_\_\_,$ and $\_\_\_\_\_$ are the top three recipients of exports from the United States, in that order.

Question $15$ options:

$1)$

China; Mexico; Canada

$2)$

Canada; China; India

$3)$

Canada; Mexico; China

$4)$

Mexico; Canada; Australia

Question $16(1$ point$)$

World$-$class organizations can improve performance along multiple dimensions without making extensive performance tradeoffs or sacrifices.

Question $16$ options:

$1)$ True

$2)$ False

Question $17(1$ point$)$

One of the major challenges of supply chain management is:

Question $17$ options:

$1)$

forward buying.

$2)$

maintaining the visibility of inventory.

$3)$

building safety$-$stock inventory.

$4)$

pushing inventory back to vendors.

Question $18(1$ point$)$

A weighted moving average assigns higher weights to more recent periods.

Question $18$ options:

$1)$ True

$2)$ False

Question $19(1$ point$)$

Resource requirements planning $($RRP$)$:

Question $19$ options:

$1)$

is a long$-$run, macro$-$level planning tool.

$2)$

checks the feasibility of the master production schedule.

$3)$

checks the feasibility of the materials requirement plan.

$4)$

is a long$-$range materials plan that translates annual business plans.

Question $20(1$ point$)$

Packaging is:

Question $20$ options:

$1)$

critical to logistics$.$

$2)$

critical to manufacturing.

$3)$

critical to product differential.

$4)$

a factor in outsourcing.

$2$ of $20$ questions saved