Which of the following is not one of the network rules for PERT/CPM?
a. Networks start and finish at multiple events.
b. Identify each unique activity within a project by a capital letter that corresponds only
to that activity.
c. Branch direction indicates the general progression in time from left to right.
d. When a number of activities end at one event, no activity starting at that event may
begin before all activities ending at that event are complete.
e. Two or more activities cannot share graphically the same beginning and ending
events.
All of the following are elements of market risk in a supply base except _____.
a. the number of buyers competing for the same goods or source of supply
b. increasingly shorter product life cycles
c. regional political risk
d. threat of emerging, often disruptive, technologies
e. protecting and maintaining trade secrets and intellectual properties from misuse or
misappropriation by suppliers, particularly those located overseas
A/An _____ is an integrated collection of computer files capable of storing operational
data essential for managing a department.
a. EDI system
b. e-catalog
c. database
d. e-sourcing system
e. None of the above.
In supplier analysis, _____ requires identifying critical performance criteria and
identifying relative competitive performance.
a. benchmarking
b. make/buy analysis
c. insourcing/outsourcing analysis
d. Porters Five Forces analysis
e. cost analysis
Demings 14 Points constitute an la carte menu of quality improvement activities, from
which a company can pick and choose only those with which they agree.
a. True
b. False
Activities without any slack in a PERT network are by definition on the critical path.
a. True
b. False
All of the following are characteristics of effective policies except _____.
a. action-oriented
b. relevant
c. concise
d. highly detailed and written.
e. timely and current
Unnecessary inventory usually results from one thing: uncertainty.
a. True
b. False
When the goods delivered by the supplier are actually rejected by the purchaser because
of nonconformance, the purchaser must provide notice to the supplier within 24 hours.
a. True
b. False
Supplier selection should never occur before a new part is actually designed or reaches
production.
a. True
b. False
Always assume that an offshore company can automatically satisfy a buyers
performance requirements or expectations.
a. True
b. False
During the early phases of supply base rationalization and optimization, the process
usually results in an absolute reduction in the total number of suppliers.
a. True
b. False
Globalization will require that companies develop specific and tailored approaches to
identify and hire foreign nationals.
a. True
b. False
Suppliers are never an invaluable source of ideas for process improvement.
a. True
b. False
The difference between the suppliers price and the target cost becomes the strategic
cost-reduction objective.
a. True
b. False