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39.
Measurement of supply chain performance varies by industry and company, but typical
measures include all of the following metrics except
40.
According to the text
41.
A traditional approach to product design, which involves a sequential approach to design,
has been termed
42.
Which of the following is not true regarding the approach to design that promotes cross-
functional participation in the design stage?
43.
A recent design process innovation, such as Dell's IdeaStorm site or Starbucks'
MyStarbucksIdea.com site, involves what?
44.
Reasons for sourcing globally that were discussed in the text include all of the following
except
45.
Relocating some or all of a business's activities or processes to a foreign location is
46.
A reason that outsourcing has become an increasingly common option for companies is
47.
Outsourcing has become an increasingly common option for companies for all of the
following reasons except
48.
According to the text, this activity represents an extension of the make-or-buy decisions of
earlier eras.
49.
In contrast to domestic purchasing activity, global purchasing decisions are complicated
by all of the following factors except:
50.
The following arrangement can provide a firm with foreign products—
51.
The following arrangement is not listed as one of the options for providing a firm with
foreign products—
52.
According to the text, investigation of export and import data shows
53.
In the case of the United States, intrafirm trade accounts for ______ percent of exports of
goods.
54.
In the case of the United States, intrafirm trade accounts for _____ percent of imports of
goods.
55.
In U.S. industry, the proportion of purchased materials in the overall cost of goods sold has
been rising for several decades, to a level of ________ percent today.
56.
It has been estimated that at about ____ of products currently on the market were not
available 5 years ago, creating additional pressure to locate suppliers worldwide that can
provide inputs at competitive prices and quality and with quick responsiveness to market
changes.
57.
The purchasing of goods and services that are not part of finished goods is known as
58.
Which of the following are generally not included within indirect procurement?
59.
According to the text, indirect procurement can account for as much as what percent of
the total purchasing expenditures in companies?
60.
Electronic procurement exchanges
61.
Benefits of global electronic purchasing initiatives include
62.
For purchases of capital goods such as manufacturing equipment, many U.S. buying
organizations now use _____ to analyze purchasing decisions, including trade-in or future
estimated salvage value.
63.
According to the text, the cost of importing a foreign sourced product, including freight,
insurance, and packing
64.
Problems associated with e-procurement include
65.
According to the text, when examining production activities, managers are quick to
recognize that inventory costs are a major factor and getting rid of inventory can lower
labor cost by ______ or more.
66.
Just-in-time
67.
Just-in-time requires all of the following except
