MGMT 339 FINAL || All Solutions are Accurate.
purchasing correct answers The primary interface between the firm and its suppliers is:
Which of the following is NOT a goal of supply chain management?
1. on time deliveries
2. fewer suppliers and long-term relationship
3. delivery often to the place of use
4. small lot sizes
5. lowest possible transportation costs correct answers lowest possible transportation costs
The purchasing cycle begins with: correct answers receiving a requisition
Which of the following is NOT a benefit of RFID?
Select one:
1. increased accuracy
2. frequent deliveries of smaller shipments
3. increased productivity
4. reduction in clerical labor
5. elimination of paper work correct answers frequent deliveries of smaller shipments
Last quarter, a retailer sold 8,000 t-shirts, 7,000 of which were sold directly from on-hand
inventory. This retailer's ________ was 88%. correct answers fill rate
The automatic identification of material is part of/facilitated by: correct answers RFID
Which of the following is NOT an application of E-business?
, Select one:
1. e-mail
2. internet buying and selling
3. electronic data interchange (EDI)
4. order and shipment tracking
5. universal product codes correct answers universal product codes
Small changes in consumer demand can result in large variations in orders placed because of
the ? correct answers Bullwhip effect
Examination of the sources of supply for purchased parts or materials in order to improve
performance is called: correct answers vendor analysis
Which of the following is NOT a benefit of effective supply chain management?
Select one:
1. greater customer loyalty
2. lower inventory costs
3. shorter lead times
4. larger number of suppliers
5. higher productivity correct answers larger number of suppliers
An operations strategy for inventory management should work towards: correct answers
decreasing lot sizes
Which item would be LEAST likely to be ordered under a fixed order interval system?
Select one:
1. canned peas at a supermarket
2. auto parts at an assembly plant
purchasing correct answers The primary interface between the firm and its suppliers is:
Which of the following is NOT a goal of supply chain management?
1. on time deliveries
2. fewer suppliers and long-term relationship
3. delivery often to the place of use
4. small lot sizes
5. lowest possible transportation costs correct answers lowest possible transportation costs
The purchasing cycle begins with: correct answers receiving a requisition
Which of the following is NOT a benefit of RFID?
Select one:
1. increased accuracy
2. frequent deliveries of smaller shipments
3. increased productivity
4. reduction in clerical labor
5. elimination of paper work correct answers frequent deliveries of smaller shipments
Last quarter, a retailer sold 8,000 t-shirts, 7,000 of which were sold directly from on-hand
inventory. This retailer's ________ was 88%. correct answers fill rate
The automatic identification of material is part of/facilitated by: correct answers RFID
Which of the following is NOT an application of E-business?
, Select one:
1. e-mail
2. internet buying and selling
3. electronic data interchange (EDI)
4. order and shipment tracking
5. universal product codes correct answers universal product codes
Small changes in consumer demand can result in large variations in orders placed because of
the ? correct answers Bullwhip effect
Examination of the sources of supply for purchased parts or materials in order to improve
performance is called: correct answers vendor analysis
Which of the following is NOT a benefit of effective supply chain management?
Select one:
1. greater customer loyalty
2. lower inventory costs
3. shorter lead times
4. larger number of suppliers
5. higher productivity correct answers larger number of suppliers
An operations strategy for inventory management should work towards: correct answers
decreasing lot sizes
Which item would be LEAST likely to be ordered under a fixed order interval system?
Select one:
1. canned peas at a supermarket
2. auto parts at an assembly plant