All of the following are characteristics of functional products EXCEPT:A . product life cycle is greater than 2 yearsB . the contribution margin is between 5 and 20%C . it has only 10 to...
Non-communist governments impact supply chains in all of the following ways EXCEPT:A . build infrastructureB . provide pricing structure for products and servicesC . enforce regulationsD . levy or forgive taxesE . create a...
All of the following are reasons why a top-down approach is a necessity to be effective at the supply chain level EXCEPT:A . avoiding local optimumsB . interdependence of departments and businessesC . one-way...
What initiative has members of supply chains taken recently to decrease variability in supply and demand?A . improving qualityB . holding inventoryC . sharing informationD . shortening lead timesE . decreasing costsView AnswerAnswer: C
All of the following flows can be Internet-based when the company sells intellectual property such as music EXCEPT with the possibility of which one:A . product or serviceB . informationC . cashD . reverse...
All of following are benefits of S&OP EXCEPT:A . creates a common set of numbers and assumptionsB . creates a detailed production and purchase planC . adds visibility for both sales and operationsD ....
What does the "P" in 3PL stand for?A . packageB . partnerC . partyD . performanceE . planningView AnswerAnswer: C
What is the impact on annual holding costs of decreasing the order quantity?A . annual holding costs decreaseB . annual holding costs increaseC . annual holding costs remains constantD . cannot tell impact on...
Which of the following planning systems deal exclusively with independent demand items? I. DRP II. MPS III.MRPA . IB . IIC . IIID . I and IIE . II and IIIView AnswerAnswer: D
Which type of model is used to predict and optimize the performance of a supply chain?A . conceptualB . mathematicalC . narrativeD . physicalE . simulationView AnswerAnswer: B
