Operations Management 14E - Stevenson - Test Bank Latest Update Graded A+ 2025/2026]

1. Award: 10.00 points




TB TF Qu. 15-01 A company's supply chain involves the flow of materials...


A company's supply chain involves the flow of materials and information from suppliers, through
production, to the end users.


 True

 False




Flow of materials and information are the central focus of supply chain management.


References

True / False Difficulty: 1 Easy


TB TF Qu. 15-01 Learning Objective:
A company's 15-01 Explain the
supply chain terms supply chain
involves the flow and logistics.
of materials...

,2. Award: 10.00 points




TB TF Qu. 15-02 In supply chain organizations, functions mus...

In supply chain organizations, functions must operate independently of each other.


 True

 False




Functions should be integrated.


References

True / False Difficulty: 1 Easy


TB TF Qu. 15-02 Learning Objective:
In supply chain 15-14 Describe some
organizations, of the challenges in
functions mus... creating an effective
supply chain and
some of the trade-
offs involved.

,3. Award: 10.00 points




TB TF Qu. 15-03 In purchasing, one's only ethical obligation...


In purchasing, one's only ethical obligation is to one's suppliers.


 True

 False




Purchasing personnel have ethical obligations with regard to a variety of stakeholders, primarily the
organizations that employ them.


References

True / False Difficulty: 1 Easy


TB TF Qu. 15-03 Learning Objective:
In purchasing, 15-10 Discuss
one's only procurement in
ethical terms of the
obligation... purchasing
interfaces, the
purchasing cycle,
ethics, and
centralized versus
decentralized
decision making.

, 4. Award: 10.00 points




TB TF Qu. 15-04 Using third-party logistics involves using...

Using third-party logistics involves using your organization's logistics function to ship to customers
that are not officially part of the supply chain.


 True

 False




Using third-party logistics involves outsourcing the logistics function.


References

True / False Difficulty: 2 Medium


TB TF Qu. 15-04 Learning Objective:
Using third-party 15-12 Discuss the
logistics logistics aspects of
involves using... supply chain
management,
including RFID
technology.