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84. Which of the following is the initial reason for the establishment of a foreign production facility?
85. Which of the following is a recent trend among international businesses regarding make-or-buy decisions?
86. If a firm possesses proprietary product technology, the best option for that firm would be to:
87. Which of the following is an objective of logistics?
88. Which of the following was pioneered by Japanese firms during that country's remarkable economic
transformation during the 1960s and 1970s?
89. Which of the following refers to a logistics system designed to deliver parts to a production process as they
are needed, not before?
90. The basic philosophy behind just-in-time (JIT) inventory systems is to:
91. Which of the following is true about firms using just-in-time (JIT) inventory system?
92. Which of the following increases under just-in-time (JIT) inventory system?
93. A major cost saving from just-in-time inventory systems comes from:
94. Under a more traditional system as opposed to a just-in-time inventory system, warehousing parts for weeks
before they are used:
95. The drawback of a just-in-time inventory system is that it:
96. Which of the following is a consequence of using just-in-time inventory systems?
97. One way to reduce the risks associated with a global supply chain that operates on just-in-time principles is
to:
98. What do firms now typically use via the Internet to coordinate the flow of materials into manufacturing,
through manufacturing, and out to customers?
99. Which of the following allows suppliers, shippers, and the purchasing firm to communicate with each other
via the Internet with no time delay?
100. Geminia Systems, a manufacturer of car components, wants to set up a system that will help in sending
invoices to its customers once orders for input supply are placed. Which of the following should the company
use to perform this function?
101. Which of the following is a consequence of an electronic data interchange system?
102. Which of the following has caused proprietary software solutions to implement electronic data interchange
systems become obsolete?
103. What are the important strategic objectives of an international firm's production and logistics functions?
104. What are the ways in which improved quality control reduces costs?
105. Describe the philosophy of total quality management.
106. Describe the Six Sigma methodology.
107. Production and logistics functions must be able to accommodate demands for local responsiveness.
Elaborate.
108. How do country-specific factors affect a country's attractiveness as a manufacturing base?
109. Define minimum efficient scale of output. How does this influence the location decisions of production
activities?
110. Describe flexible manufacturing and mass customization as important factors in location decisions.
111. How does a firm's decision regarding the location of its production facilities vary based on the availability
of flexible manufacturing technologies?
112. Discuss the two basic strategies for locating production facilities. When is it most appropriate to centralize
production?
113. Discuss the advantages and the disadvantages of just-in-time (JIT) inventory systems.
114. What is the role of information technology and the Internet in modern materials management?
