Which technology helps facilitate visibility in the collaboration between a firm and
transporters in the global supply chain? - ANSWER-Electronic data interchange
What is a strategy used by multinational firms to counter the shifts in currency exchange
rates in their global supply chains? - ANSWER-Leveraging a global sourcing network
A major technology company has implemented a program to take back all its end-of-life
gadgets from consumers to reduce landfill waste.
Which sustainability process is the company using? - ANSWER-Process design
Which activity helps an enterprise lessen the impact of its carbon footprint with carbon
offsetting? - ANSWER-Tree planting initiatives
In a new assembly line, workers are becoming more competent with increased
production volumes and manufacturing costs are being reduced. - ANSWER-
Experience curve
A healthcare company is producing large volumes of toothpaste and toothbrushes and
is replenishing shelves at multiple retail stores according to forecasting.
Which product positioning strategy is being used? - ANSWER-Make to stock
A furniture shop requires four of its carpenters to work in sequence to produce a table.
Each carpenter has a capacity rating of one to four based on the part of the table being
created. The capacity rating and process time for each carpenter is:
Carpenter 1: Capacity rating
=
4
Process time
=
12
m
i
n
u
t
e
s
, Carpenter 2: Capacity rating
=
2
Process time
=
18
m
i
n
u
t
e
s
Carpenter 3: Capacity rating
=
1
Process time
=
12.5
m
i
n
u
t
e
s
Carpenter 4: Capacity rating
=
3
Process time
=
13
m
i
n
u
t
e
s - ANSWER-Carpenter 2