Filters
Question type

Study Flashcards

Grand Tree Doors does not make a door until an order is received.It promises product delivery within five working days because of the excellent relationship it has established with its suppliers.The partnering relationship that Grand Tree Doors shares with its suppliers and its ability to promptly serve its customers indicate that it has an efficient__________.

Correct Answer

verifed

verified

supply cha...

View Answer

Using three-dimensional printing (3DP)technology,objects are built to precise specifications using raw materials at or near the location where they may be consumed.

A) True
B) False

Correct Answer

verifed

verified

A(n) _____ is best described as an entire group of individuals who orchestrate the movement of goods,services,and information from the source to the consumer.​


A) focus group
B) ​supply chain team
C) ​value analysis team
D) interest group

E) A) and C)
F) A) and B)

Correct Answer

verifed

verified

Reactive supply chain resiliency measures seek to protect key inventory and assets from damage,theft,or destruction.

A) True
B) False

Correct Answer

verifed

verified

Grand Tree Doors does not make a door until an order is received.It promises product delivery within five working days because of the excellent relationship it has established with its suppliers.The partnering relationship that Grand Tree Doors shares with its suppliers and its ability to promptly serve its customers indicate that it has an efficient _____.​


A) supply chain management
B) ​yield management
C) ​knowledge management
D) asset lifecycle management

E) C) and D)
F) All of the above

Correct Answer

verifed

verified

Lina and her friends decide to watch a movie at Lina's house.They watch the movie online on MovieStop.com.This business model is an example of__________.

Correct Answer

verifed

verified

electronic...

View Answer

A similarity between the customer relationship management process and supplier relationship management process is that both:


A) provide structural support for developing and maintaining relationships with their respective supply chain partners.
B) ensure that relationally integrated supply chains operate in an environment that has no set rules or procedures.
C) fail to directly impact a firm's profitability and its ability to commercialize new offerings.
D) eliminate the manufacturing flow management process within companies by removing unnecessary steps in the supply chain.

E) None of the above
F) A) and C)

Correct Answer

verifed

verified

By working closely with its clients and understanding their needs,A Plus Z has improved its service encounter to a level that was not thought possible in mass retailing.Which of the eight critical business processes performed by supply chain managers does this best illustrate?


A) Manufacturing flow management
B) Customer service management
C) Demand management
D) Returns management

E) None of the above
F) B) and C)

Correct Answer

verifed

verified

Through the use of computer-generated shipping notices,AllCare Hardware successfully removes unnecessary costs in its supply chain.According to its vice president of inventory for the retailer,"Information that had to be gathered through three or four phone calls before is now just one click away." This is an example of the use of__________.

Correct Answer

verifed

verified

technology...

View Answer

​_____ reflects inventory that is being assembled or manufactured from its raw state into finished goods for sales.


A) Work-in-process inventory
B) ​Finished goods inventory
C) ​Perpetual inventory
D) Raw materials inventory

E) A) and B)
F) None of the above

Correct Answer

verifed

verified

In a build-to-order environment,the transportation network:


A) moves inventory into,within,and out of a warehouse quickly with minimal handling.
B) eliminates the expense of storing inventories.
C) helps maintain a high level of buffer stock in the warehouse.
D) increases the number of participants in the supply chain.

E) A) and D)
F) None of the above

Correct Answer

verifed

verified

In the customer relationship management (CRM)process,once higher-value customers are identified,firms should focus on identifying and attracting other groups by providing them with customized products and better services.

A) True
B) False

Correct Answer

verifed

verified

In the context of the several criteria based on which supply chain managers choose an appropriate mode of transportation,_____ is the ability of a carrier to provide the appropriate equipment and conditions for moving specific kinds of goods,such as those that must be transported in a controlled environment.​


A) traceability
B) ​accessibility
C) ​capability
D) reliability

E) B) and C)
F) A) and C)

Correct Answer

verifed

verified

Why is agility crucial for companies?

Correct Answer

verifed

verified

Agile companies synchronize their activi...

View Answer

Lina and her friends decide to watch a movie at Lina's house.They watch the movie online on MovieStop.com.This business model is an example of _____.​


A) outsourcing
B) ​nearshoring
C) ​electronic distribution
D) mass customization

E) None of the above
F) B) and C)

Correct Answer

verifed

verified

Sustainable supply chain management primarily involves:


A) focusing on how to reduce interactions among suppliers,manufacturers,and end users.
B) emphasizing short-term initiatives to preserve resources for the next production cycle.
C) the use of the least expensive manufacturing,materials-handling,and transportation systems as part of the supply chain management process.
D) the integration and balancing of environmental,social,and economic thinking into all phases of the supply chain management process.

E) All of the above
F) A) and B)

Correct Answer

verifed

verified

A similarity between materials requirement planning (MRP) and distribution resource planning (DRP) is that both inventory systems:


A) require the manufacturer to keep inventory levels as high as possible.
B) help manage inventory from manufacturer to end user rather than from the suppliers to the manufacturer.
C) use various inputs,such as sales forecasts,available inventory,and so on,to determine what needs to be done to replenish goods at all points in the supply chain.
D) prohibit the use of buffer stocks as insurance against unexpected demand increases.

E) B) and D)
F) None of the above

Correct Answer

verifed

verified

The customer relationship management process includes customer segmentation by value and subsequent generation of customer loyalty for the most attractive segments.

A) True
B) False

Correct Answer

verifed

verified

Future Market,a supermarket chain,uses bar codes for all its products.As soon as a product is sold,the information is electronically transferred to the firm's warehouse and the product's supplier.In addition,changes are automatically made to the firm's sales account and stock ledger.This helps the firm reduce its paperwork and makes managing inventory easier.This is an example of__________.

Correct Answer

verifed

verified

electronic...

View Answer

__________reflects inventory that is being assembled or manufactured from its raw state into finished goods for sales.

Correct Answer

verifed

verified

Work-in-pr...

View Answer

Showing 21 - 40 of 59

Related Exams

Show Answer