FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 13: Supply-Chain Management

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 21

True/False

Review LaterAdd Note

Review Later

In several industries, online exchanges have been created by buyers.

A) True
B) False

Correct Answer

verified

Show Answer

Question 22

Short Answer

Review LaterAdd Note

Review Later

__________ postpones final assembly of a product so the distribution channel can assemble it.

Correct Answer

verified

Show Answer

Question 23

Essay

Review LaterAdd Note

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 $25,000. If sales (revenue) is divided into the three categories shown in the table where should the manager assign the intern to maximize profits? $\begin{array} { | l | l | l | l | } \hline & \begin{array} { l } \text { Supply Chain } \\\text { costs }\end{array} & \begin{array} { l } \text { Variable Costs } \\\text { (materials) }\end{array} & \text { Profits } \\\hline \% \text { of current } & & & \\\text { sales } \\\text { (revenue) } & 35 & 25 & 40 \\\hline\end{array}$

Benchmark firms have driven down costs of supply-chain performance.

How are outsourcing and vertical integration related? Can a single firm successfully do both?

With the growth of JIT, which of the following distribution systems has been the biggest loser?

What type of negotiating strategy requires the supplier to open its books to the purchasers?

Japanese manufacturers often take a middle ground between purchasing from a few suppliers and vertical integration. This approach is

Transferring to external vendors a firm's activities that have traditionally been internal is known as __________.

Which of the following is not an opportunity for effective management in the supply chain?

Blanket orders are a long-term purchase commitment to a supplier for items that are to be delivered against short-term releases to ship.

Which of the following best describes Vizio's supply chain

A rice mill in south Louisiana purchases the trucking firm that transports packaged rice to distributors. This is an example of

Which of the following is an opportunity for effective management in the supply chain?

__________ is an approach that seeks efficiency of operations through the integration of all material acquisition, movement, and storage activities.

Identify and describe briefly the five supply-chain strategies.

Identify three specific measures that indicate how well assets are utilized. What are the formulas for each measure?

Identify some technological advances that can serve to improve logistics management and also improve shipping security.

Channel assembly, which sends components and modules to be assembled by a distributor, treats these distributors as manufacturing partners.

Vertical integration, whether forward or backward, requires the firm to become more specialized.