OPSY 5315 RAO EXAM 3 EXAM TEST BANK LATEST 2025/2026
ACTUAL EXAM WITH COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (100% VERIFIED ANSWERS) |ALREADY
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Which negotiation strategy bases price on a published, auction, or
indexprice?
A. supply-based price model
B. market-based price model
C. competitive bidding
D. cost-based price model - ANSWERS-market-based price
model
With regard to the cost-based price model negotiation strategy,
which of the following is true?
A. Prices are based in some way upon market standards agreed
to by both supplier and purchaser.
B. Prices float based on what the customer is willing to pay.
C. Potential suppliers each submit quotations as to price, delivery,
and so on.
D. Prices are based upon supplier costs. - ANSWERS-Prices are
based upon supplier costs.
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Which of the following is NOT one of the benefits accrued from a
centralized purchasing function?
A. Increase the duplication of tasks.
B. Leverage purchase volume for better pricing.
C. Maintain professional control over the purchasing process.
D. Devote more resources to the supplier selection and
negotiation process. - ANSWERS-. Increase the duplication of
tasks.
Which of the following is an advantage of shipping manufactured
goods bytruck?
A. speed
B. flexibility
C. rapidly increasing capacity
D. small environmental impact - ANSWERS-flexibility
Airfreight
A. is a fast-growing mode of shipping.
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B. is the oldest means of freight transportation.
C. represents about 10% of the tonnage shipped in the United
States.
D. is the best way to transport natural gas. - ANSWERS-is a fast-
growing mode of shipping.
Supply chain managers outsource logistics to meet three goals:
A. drive down inventory investment, lower delivery costs, and
improve delivery reliability and speed.
B. lower delivery costs, improve delivery reliability and speed, and
provide better market response.
C. drive down inventory investment, improve delivery reliability
andspeed, and provide better market response.
D. drive down inventory investment, lower delivery costs, and
provide better market response. - ANSWERS-drive down
inventory investment, lower delivery costs, and improve delivery
reliability and speed.
Which of the following statements is NOT true regarding channel
assembly?
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A. Channel assembly represents one way to implement
postponement.
B. Channel assembly postpones final assembly of a product so
the distribution channel can assemble it.
C. Channel assembly sends individual components, modules, and
finished products, to the distributor.
D. Channel assembly treats distributors more as manufacturing
partners than as distributors. - ANSWERS-Channel assembly
sends individual components, modules, and finished products, to
the distributor.
Which three criteria should be considered when designing
distribution networks to meet customer expectations?
A. rapid response, product choice, service
B. convenience, selection, value
C. capacity, security, environment
D. cost, volume, profit - ANSWERS-rapid response, product
choice, service