Multiple Choice
Identify the
choice that best completes the statement or answers the question.
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1.
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According to the value chain model of Dell, Inc., which of the following is not
a pre-production activity?
a. | Billing | b. | Corporate partnerships | c. | Purchasing | d. | Software and hardware
licensing |
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2.
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Which of the following is true regarding order amplification?
a. | The amplitude of sales over time is smaller than the variation in the order
quantity. | b. | The amplitude of order quantity over time is smaller than the variation of
sales. | c. | The less the uncertainty, the greater the amplification in
orders. | d. | The amplification is greatest near the customer. |
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3.
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Which of the following does not fit with an efficient supply chain?
a. | Highly predictable demand | b. | Products with short life cycles that change
frequently. | c. | Low contribution margins | d. | Stable product
lines |
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4.
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Which is true regarding a responsive supply chain?
a. | Demand is stable and predictable. | b. | Product life cycles are short and change often
because of innovation. | c. | Customers require
standardization. | d. | Contribution margins are low. |
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5.
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A pull system
a. | Requires high levels of finished goods inventory | b. | Relies heavily on
accurate sales forecasts | c. | Waits for customer orders | d. | Necessitates
standardized products |
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6.
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For General Motors’ supply chain, the ____ is the push-pull
boundary.
a. | Supplier | b. | Factory | c. | Dealer | d. | Custom |
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7.
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A contract manufacturer can offer significant competitive advantages. Which one
of the following is not an advantage of using a contract manufacturer?
a. | Access to advanced manufacturing technologies | b. | Faster product
time-to-market | c. | Lower costs from economies of scale | d. | Standardized
design |
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8.
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____ is the risk that a company can become so tied into a particular outsourcer
that the outsourcer can drastically increase prices in the future.
a. | Firm risk | b. | Price risk | c. | Information privacy
risk | d. | Country risk |
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9.
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Steps which can be taken to reduce the impact of the bullwhip effect include all
of the following except
a. | Avoiding creating surges in demand due to price cutting and promotional
campaigns | b. | Reducing manufacturing lead times | c. | Reducing information
distortion | d. | Adding a supply hub to the chain |
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10.
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A “partnership” approach to purchasing implies
a. | Arm’s length formal relationship | b. | Improvement benefits shared by
negotiation | c. | Long-term contracts | d. | Information is
proprietary |
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11.
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A PC manufacturer that acquired a first-tier supplier has performed
a. | Horizontal integration | b. | Downstream integration | c. | Upstream
integration | d. | None of the above |
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12.
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The “P” in the acronym EPOS stands
for a. | Process | b. | Product | c. | Point | d. | Position |
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13.
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A close and co-operative relationship between
buyer and supplier is a a. | Closed relationship | b. | Transactional relationship | c. | Traditional
relationship | d. | Partnership relationship |
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14.
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A supply network needs to be configured with the
aim of satisfying the a. | Workers | b. | End consumers | c. | Shareholders | d. | Suppliers |
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15.
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Outsourcing is a decision with ____ implications.
a. | Unimportant | b. | Tactical | c. | Strategic | d. | Irrelevant |
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