_____ indicates whether a seller can lower its cost as a result of the repetitive
production of an item.
a. Process capability analysis
b. Market analysis
c. Price analysis
d. Break-even analysis
e. Learning-curve analysis
In a PERT network, the difference between the _____ and the _____ is slack.
a. early start¦.late finish
b. late start¦.early finish
c. early start¦.early finish
d. late start¦.early start
e. None of the above.
A longer-term relationship should never include a joint product development
relationship with shared development costs and intellectual property.
a. True
b. False
There is a definitive and prescriptive set of supply chain measures that result in one best
way to measure supply chain performance.
a. True
b. False
All of the following are elements of total cost for worldwide sourcing except _____.
a. payment and currency fees
b. port terminal and handling fees
c. communication costs
d. base price
e. new product advertising
_____ are equal to the difference between the value of the purchased goods at the time
of delivery and the goods value at the time of specified delivery.
a. General damages
b. Consequential damages
c. Liquidated damages
d. Incidental damages
e. Specified damages
A/An _____ is a discrepancy, nonconformance, or missing requirement that will have a
significant negative impact on an important area of concern in an audit statement.
a. deficiency
b. performance problem
c. entry qualifier
d. unacceptable outcome
e. challenge
Managing day-to-day supply management operations is substantially the same as
managing longer-term responsibilities.
a. True
b. False
Which of the following is not one of the disadvantages of motor carrier over other
modes of transportation?
a. High cost.
b. Limited to domestic or regional transportation.
c. Very long lead times.
d. Cannot be used for large volumes.
e. None of the above.
Which of the following is not a disadvantage of using a 3PL?
a. Relinquish control, ownership, and expertise.
b. Loss of integration between sales and supply.
c. Loss of dedicated in-house managed staff
d. Concentrate on core business activities.
e. Sacrifice key business service differentiation.
The _____ process capability index does not adequately account for situations where
the process is not closely centered on the nominal specification target value.
a. Cxy
b. optimization
c. Six Sigma
d. Cpk
e. C