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According to research, all of the following are examples of supply chain
disruptors except:
Growth of omni-channel shopping.
Consumers demand more personalization of products and services.
Competing priorities of millennial and aging consumers.
Consumers have become more patient. - 🧠ANSWER ✔✔consumer have
become more patient
A firm that increases the number of stock-keeping-units (SKUs) in its
product portfolio can expect to initially experience ________ revenues and
________ supply chain costs.
decreasing, decreasing
decreasing, increasing
increasing, decreasing
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,increasing, increasing - 🧠ANSWER ✔✔increasing, increasing
The process of managing customer returns and products which have
served their purpose is known as:
backfilling.
demand planning.
order fulfillment.
reverse logistics. - 🧠ANSWER ✔✔reverse logistics
The goal of integrated logistics is to:
identify new suppliers.
reduce product variety.
synchronize and link the supply chain.
develop innovative new products. - 🧠ANSWER ✔✔synchronize and link the
supply chain
A firm which provides critical operations functionality to members of a
supply chain is a(n):
integrated service supplier (ISP).
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,supply chain leader.
supply chain follower.
retailer. - 🧠ANSWER ✔✔integrated service provider
In order to achieve the lowest total process cost, a supply chain must
________.
minimize the cost of the most expensive function
minimize the total cost for all involved functions combined
analyze each function separately
minimize the cost of each function - 🧠ANSWER ✔✔minimize the total cost
for all involved functions combined
The Anticipatory Business Model is best described by which statement:
is a low risk strategy.
driven by forecast.
driven by information technology.
builds on the principles of time-based competition. - 🧠ANSWER ✔✔driven
by forecast
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, The primary benefits of low product complexity include all of the following
except:
decreased sales support cost.
improved product development.
increased revenue.
improved product quality and reliability. - 🧠ANSWER ✔✔increased revenue
Performance cycle uncertainty is a key concern in logistical operations.
true
false - 🧠ANSWER ✔✔true
The goal of cycle synchronization is achievement of planned time
performance.
true
false - 🧠ANSWER ✔✔true
Performance cycle variance is a prime determinant of safety stock.
true
false - 🧠ANSWER ✔✔true
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