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88) Which of the following statements is true of cloud-based EDI systems?
A) Cloud-based EDI systems are more expensive than proprietary solutions.
B) Small firms will not be able to make use of cloud-based EDI systems.
C) Cloud-based systems are much easier to install compared to proprietary solutions.
D) Most cloud-based systems are implemented to support proprietary solutions.
89) Just-in-time systems
A) leave a firm without a buffer stock of inventory.
B) ensure that product is always available.
C) help a firm respond quickly to increases in demand.
D) allow for stockpiling of key components of production.
90) ________ refers to shared decision-making opportunities and operational collaboration of key
global supply chain activities.
A) Global supply chain coordination
B) Make-or-buy decision
C) Reverse logistics
D) Global sourcing
91) Define the term logistics. Compare and contrast production and logistics.
92) Discuss the strategic objectives of the production and logistics functions of an international
firm.
93) Describe the major arguments put forth by Edward Deming.
94) Briefly describe the Six Sigma methodology.
95) What are the three main factors that affect the decision of where to locate production?
96) Discuss the effect of country factors on the decision of where to locate production.
97) How does the type of technology a firm uses affect its decision of where to locate production?
98) Explain how fixed costs impact the decision to where to locate a plant.
99) Describe the concept of minimum efficient scale of output. What are the implications of
minimum efficient scale?
100) Explain how the concept of production efficiency has changed with the rise of flexible
manufacturing technologies.
101) How do product factors affect the decision of where to locate production? Where will you
locate your firm's production plant if your firm produces refined sugar?
102) When does concentration of production make sense?
103) Explain how the strategic role of foreign factories evolves over time.
104) Explain make-or-buy decisions by giving an example of an international business that must
decide whether to outsource an activity.
105) Define just-in-time inventory. Explain why a firm might adopt the just-in-time system. Why
might a firm choose a different inventory system?
