Which of the following is not one of Demings 14 points?
a. Encourage education and self-improvement.
b. Take action.
c. Institute leadership.
d. Optimize the efforts of teams.
e. Utilize numerical quotas and measurement by objective to motivate management.
_____ is a technique used to examine the incremental changes in cost between
quantities within a suppliers price quotation.
a. TCO
b. Price analysis
c. Market-share pricing
d. Competition pricing
e. Quantity discount analysis
Measurement is virtually free.
a. True
b. False
The _____ (in time) through a PERT network is the _____.
a. longest path¦.critical path
b. shortest path¦.critical path
c. longest path¦.slack
d. shortest path¦.slack
e. None of the above.
The overall purpose of a purchase category strategy is to maximize value to the buyer,
but not the supplier, by leveraging only internal company, and not external supplier,
resources and capabilities.
a. True
b. False
[A] _____ is required to identify the specific capabilities and financial health of key
suppliers that are in the supply base or that may not currently be in the supply base.
a. Make-buy analysis
b. supplier evaluation scorecard
c. Price analysis
d. Portfolio analysis
e. Supplier research
Users apply _____ to projects where there is a single known time for each activity with
no variance, while _____ applies to projects where time estimates are variable or
uncertain.
a. Make-buy analysis¦.CPM
b. PERT¦.CPM
c. Post-completion analysis¦.PERT
d. CPM¦PERT
e. PERT¦.TCO
The _____ requires suppliers to successfully navigate a successive series of
performance milestones or hurdles in order to remain in the supply base.
a. triage approach
b. competency staircase approach
c. M*A*S*H approach
d. improve or else approach
e. twenty/eighty rule
_____ is a tool that reduces processes to their component parts or activities and helps
identify and then eliminate non-value-added activities (waste) or delays within a
process.
a. Process mapping
b. TCO
c. PERT/CPM
d. QDA
e. Productivity analysis
Which of the following is not a benefit of using a cross-functional sourcing team?
a. Reduced time to complete a task.
b. Increased innovation.
c. Joint ownership of decisions.
d. Enhanced communication among functions or organizations.
e. Groupthink.