FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 10: Supply Chain Management

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 51

Essay

Review LaterAdd Note

Review Later

Supply chain managers outsource logistics to meet what three goals?

Correct Answer

verified

(1) drive down inventory inves...

View Answer

Show Answer

Question 52

Multiple Choice

Review LaterAdd Note

Review Later

Which of the following is NOT a condition that favors the success of vertical integration?

A) availability of capital
B) availability of managerial talent
C) sufficiently high demand
D) small market share
E) All of these favor the success of vertical integration.

F) D) and E)
G) A) and E)

Correct Answer

verified

Show Answer

Question 53

True/False

Review LaterAdd Note

Improvements in security, especially regarding the millions of shipping containers that enter the U.S. each year, are being held back by the lack of technological advances.

Which of the following is NOT true about reverse logistics as compared to forward logistics?

The following data are pulled from a recent Walsh Manufacturing annual report. Assets Raw material inventory $150,000 Work-in-process inventory $50,000 Finished goods inventory $330,000 Property, plant & equipment $500,000 Other assets $140,000 Total assets $1,170,000 Condensed Income Statement Revenue $2,000,000 Cost of goods sold $700,000 Other expenses $1,000,000 Net income $300,000 Calculate: (a) Percentage invested in inventory, (b) Inventory turnover, and (c) Weeks of supply.

Which of the following statements does NOT accurately explain what occurs when the number of facilities in a distribution network increases?

Hewlett-Packard delays customization of its laser printers as long as possible. This is an example of which of the following?

A company is deciding where to assign its summer intern. The manager estimates that the intern can save $10,000 in the supply chain or increase sales (revenue) by $20,000. Given the following table, where should the manager assign the intern to maximize profits?

A reverse auction involves the processes for sending returned products back up the supply chain for resale, repair, reuse, remanufacture, recycling, or disposal.

The Japanese concept of a company coalition of suppliers is:

What is the practice of keeping a product generic as long as possible before customizing?

Distribution management focuses on which of the following?

Define EDI.

As the number of facilities in a distribution network increases, profit tends to follow a curve that first declines, then rises.

Vertical integration appears particularly advantageous when the organization has:

Which of the following is NOT an advantage of virtual companies?

________ rely on a variety of supplier relationships to provide services on demand.

Which of the following would NOT typically be considered as part of a manufacturing firm's supply chain?

What is a keiretsu?

One classic type of negotiation strategy is the market-based price model.