SCM 545 FINAL EXAM 134 QUESTIONS
WITH COMPLETE SOLUTIONS!!
better processes.
False
, safety stock True
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2 of 134
Term
What is the most common way that countries agree to increase
trade?
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Through negotiating bilateral Through implementing unilateral
or multilateral FTAs trade tariffs
Through forming customs unions By establishing trade quotas with
with distant regions specific countries
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3 of 134
Term
What can arise from supply chains that produce large batch sizes
with weeks or months before the customer wants the products?
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, cutting costs
Supply chains are clustered across several neighboring countries to take
advantage of differences, but still provide good responsiveness and reasonable
risk levels.
Customers don't want the items.
The items are in places and at times customers don't want them.
Unsold products are sold at reduced prices or scrapped altogether.
Disruptive technology
Increasing gaps in talents and skills
Geopolitical and social changes
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4 of 134
Term
The purpose of a ______ is to observe and document everything
he/she sees.
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watcher planner
auditor analyst
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5 of 134
Term
If average daily demand for a product is 5 units and average lead
time for an order to arrive is 7 days, what is the reorder point (ROP)
for the product?
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35 units 12 units
28 units 42 units
Don't know?
6 of 134
Term
A current best practice strategy that focuses on equipment
maintenance is _.
Give this one a try later!
TPM SIX SIGMA
WITH COMPLETE SOLUTIONS!!
better processes.
False
, safety stock True
Don't know?
2 of 134
Term
What is the most common way that countries agree to increase
trade?
Give this one a try later!
Through negotiating bilateral Through implementing unilateral
or multilateral FTAs trade tariffs
Through forming customs unions By establishing trade quotas with
with distant regions specific countries
Don't know?
3 of 134
Term
What can arise from supply chains that produce large batch sizes
with weeks or months before the customer wants the products?
Give this one a try later!
, cutting costs
Supply chains are clustered across several neighboring countries to take
advantage of differences, but still provide good responsiveness and reasonable
risk levels.
Customers don't want the items.
The items are in places and at times customers don't want them.
Unsold products are sold at reduced prices or scrapped altogether.
Disruptive technology
Increasing gaps in talents and skills
Geopolitical and social changes
Don't know?
4 of 134
Term
The purpose of a ______ is to observe and document everything
he/she sees.
Give this one a try later!
watcher planner
auditor analyst
, Don't know?
5 of 134
Term
If average daily demand for a product is 5 units and average lead
time for an order to arrive is 7 days, what is the reorder point (ROP)
for the product?
Give this one a try later!
35 units 12 units
28 units 42 units
Don't know?
6 of 134
Term
A current best practice strategy that focuses on equipment
maintenance is _.
Give this one a try later!
TPM SIX SIGMA
