HTM Exam 4 UPDATED QUESTIONS
AND CORRECT ANSWERS
D. Electronic data interchange - correct answer ride inc., a manufacturer of car components,
wants to set up a system that will send invoices to its customers once orders for input supply are
placed. What should the company use to perform this function?
A. Computer-aided design system
B. Lean production
C. Just-in-time inventory system
D. Electronic data interchange
E. Social networking
Lead factory - correct answer typically located in an area in which highly skilled employees
can be found and tends to create new processes and products.
B. Product's value-to-weight ratio is low - correct answer which factor favors decentralization
of production?
A. Trade barriers are low
B. Product's value-to-weight ratio is low
C. Product serves universal needs
D. Exchange rates are expected to remain stable
E. High fixed costs of production technology
True - correct answer industrial products have few national differences in consumer taste and
preference, hence the need for local responsiveness is reduced for such products.
True or false
D. Source - correct answer manuel manages a factory in mexico for two-wheel motor corp. In
his role, he determines what raw materials and component parts are needed there to build motorcycles
and bikes. He uses the suppliers of the home office for these items. He is also the go-to person for
, questions regarding product customization and process changes. While he doesn't work at the main
factory in st. Louis, manuel knows his factory is also at the top of the standards in the global supply
chain. What type of factory does manuel manage?
A. Offshore
B. Lead
C. Contributor
D. Source
E. Outpost
Reverse logistics - correct answer process of moving inventory from the point of consumption
to the point of origin in supply chains for the purpose of recapturing value or proper disposal.
Lean production - correct answer allows companies to produce a wider variety of products at a
cost that previously could only be achieved through mass production of a standardized product
Responsiveness - correct answer which operational objective refers to a global firm's ability to
satisfy customers' requirements across global supply chain functions in a timely manner?
Minimum efficient scale - correct answer refers to the level of output at which most plant-level
scale economies are exhausted.
C. Shipment consolidation - correct answer sigmund jewelers creates inexpensive costume
necklaces, bracelets, and rings. As a way to save costs on sending out these small items, the company
combines 10 to 12 different orders into one. Which operational objective is the company applying
here?
A. Variance reduction
B. Quality
C. Shipment consolidation
D. Inventory reduction
E. Responsiveness
AND CORRECT ANSWERS
D. Electronic data interchange - correct answer ride inc., a manufacturer of car components,
wants to set up a system that will send invoices to its customers once orders for input supply are
placed. What should the company use to perform this function?
A. Computer-aided design system
B. Lean production
C. Just-in-time inventory system
D. Electronic data interchange
E. Social networking
Lead factory - correct answer typically located in an area in which highly skilled employees
can be found and tends to create new processes and products.
B. Product's value-to-weight ratio is low - correct answer which factor favors decentralization
of production?
A. Trade barriers are low
B. Product's value-to-weight ratio is low
C. Product serves universal needs
D. Exchange rates are expected to remain stable
E. High fixed costs of production technology
True - correct answer industrial products have few national differences in consumer taste and
preference, hence the need for local responsiveness is reduced for such products.
True or false
D. Source - correct answer manuel manages a factory in mexico for two-wheel motor corp. In
his role, he determines what raw materials and component parts are needed there to build motorcycles
and bikes. He uses the suppliers of the home office for these items. He is also the go-to person for
, questions regarding product customization and process changes. While he doesn't work at the main
factory in st. Louis, manuel knows his factory is also at the top of the standards in the global supply
chain. What type of factory does manuel manage?
A. Offshore
B. Lead
C. Contributor
D. Source
E. Outpost
Reverse logistics - correct answer process of moving inventory from the point of consumption
to the point of origin in supply chains for the purpose of recapturing value or proper disposal.
Lean production - correct answer allows companies to produce a wider variety of products at a
cost that previously could only be achieved through mass production of a standardized product
Responsiveness - correct answer which operational objective refers to a global firm's ability to
satisfy customers' requirements across global supply chain functions in a timely manner?
Minimum efficient scale - correct answer refers to the level of output at which most plant-level
scale economies are exhausted.
C. Shipment consolidation - correct answer sigmund jewelers creates inexpensive costume
necklaces, bracelets, and rings. As a way to save costs on sending out these small items, the company
combines 10 to 12 different orders into one. Which operational objective is the company applying
here?
A. Variance reduction
B. Quality
C. Shipment consolidation
D. Inventory reduction
E. Responsiveness
