Chapter 15 – Supply Chain Management
55. Which of the following is not a goal of supply chain management?
56. Logistics includes all of these except:
Chapter 15 – Supply Chain Management
57. Small changes in consumer demand can result in large variations in orders placed because
of the
58. RFID chips:
(I) are used to track goods in distribution
(II) are used to track job progress in production
(III) are used to provide special instructions to operators
(IV) can be used in inventory record keeping
Chapter 15 – Supply Chain Management
59. Which of the following is not a benefit of RFID?
60. A factor that makes it desirable for business organizations to actively manage their supply
chains is:
Chapter 15 – Supply Chain Management
61. Which of the following is not a benefit of effective supply chain management?
62. Which of the following is not a measure of the reliability of the supply chain?
Chapter 15 – Supply Chain Management
63. The automatic identification of material is part of/facilitated by:
64. Which of the following is not an application of E-business?
Chapter 15 – Supply Chain Management
65. Which of the following is an advantage of E-business?
(I) reduction of transaction costs
(II) shortened supply chain response time
(III) greater customer loyalty
66. Which of the following is a barrier to integration of separate organizations in the supply
chain?
(I) conflicting objectives of the companies in the chain.
(II) different level of capacity of the companies in the chain.
(III) reluctance of the organizations in the chain to allow other organizations access to their
data.
Chapter 15 – Supply Chain Management
67. _________ has helped business concentrate on their core business.
68. Outsourcing followed by __________ is not simple.
Chapter 15 – Supply Chain Management
69. The interface between the firm and its suppliers is:
70. The two types of decisions that are relevant to supply chain management are:
Chapter 15 – Supply Chain Management
71. One important objective of purchasing is to:
72. The purchasing cycle begins with:
Chapter 15 – Supply Chain Management
73. Examination of the sources of supply for purchased parts or materials in order to improve
performance is called:
74. Vendor analysis has the greatest potential for savings for items which have:
Chapter 15 – Supply Chain Management
75. Which of the following is not true of vendor analysis?
76. Which of the following is not a performance driver?
Chapter 15 – Supply Chain Management
77. Which of the following would not usually be a main factor in selecting a vendor?
78. Which of the following is part of the purchasing cycle?
(I) Purchasing selects a supplier.
(II) Orders from vendors are received.
(III) Purchasing receives a requisition.
Chapter 15 – Supply Chain Management
79. Which of the following is least likely to be a key consideration when a company chooses a
supplier?
80. Which of the following is not a benefit of centralized purchasing?
Chapter 15 – Supply Chain Management
81. The purchasing perspective of the supplier as a partner is characterized by:
82. Vendor Analysis is the examination of the _________ of purchased materials.
Chapter 15 – Supply Chain Management
83. Last quarter, a retailer sold 8,000 t-shirts, 7,000 of which were sold directly from on-hand
inventory. This retailer’s ________ was 88%.
84. Which of the following is a principle required for ethical behavior in purchasing?
Chapter 15 – Supply Chain Management
85. The activity which begins with a request from within the organization is:
86. Our organization can obtain visibility to potential trading partners on the internet by
using:
Chapter 15 – Supply Chain Management
87. Real time information about product movement on store shelves could benefit from the
use of:
88. The website and order fulfillment are essential features of:
Chapter 15 – Supply Chain Management
89. A given inventory item has a per-year holding cost of $500. One method of shipping this
item is three days faster than the other, but it is $2.50 more per unit. Using the slower method
would be __________ more expensive overall than using the faster method.