A role-based entry into a company's system that aggregates all required sources of information into a single environment is known as:
A. a portal.
B. a hub.
C. a local area network (LAN).
D. an extranet.
Which of the following relationship activities is most impacted by a lack of trading partner trust?
A. Collaboration
B. Coordination
C. Cooperation
D. Communication
Which of the following practices allows each process to operate at maximum efficiency rather than having the speed of the entire process constrained by the slowest operation?
A. Theory of constrains (TOC)
B. Supply/demand balancing
C. Decoupling
D. Pull production
Which of the following statements regarding transportation negotiation is correct?
A. The lowest possible cost for transportation is the lowest total cost of logistics.
B. The lowest possible rate must be consistent with the level of service required.
C. The key to effective negotiation is to maximize distributor profitability.
D. The key to building solid career relationships is the acceptance of a carrier's rate.
Which of the following measures best describes fill rate?
A. Ratio of available inventory to cost of goods sold (COGS)
B. Ratio of cost of goods sold to available inventory
C. Percentage of demand satisfied by available inventory
D. Percentage of closed orders to total orders
A high level of which of the following attributes is considered to be undesirable in a supply chain?
A. Velocity
B. Variability
C. Visibility
D. Variety
One key factor to consider when selecting suppliers for their potential to sustain long-term, mutually profitable relationships is:
A. landed cost.
B. quality metrics.
C. operational performance.
D. financial viability.
In the analysis of costs, fixed costs are those that are:
A. independent of the volume of output.
B. dependent on the utilization of the asset.
C. inversely proportionate to the volume of output.
D. constant through the useful life of the asset.
Which of the following actions by a group of trading partners is most likely to quickly improve their economic performance?
A. Developing a comprehensive product and service strategy
B. Implementing collaborative interorganizational systems
C. Outsourcing interorganizational business processes
D. Redesigning product packaging to reduce volume and weight
Requirements for successful application of a demand-driven supply network include:
A. demand synchronization between stakeholders.
B. automatic communications of data from point-of-sale (POS) terminals.
C. safety stock determined jointly by suppliers and customers.
D. supply provided by a single source.
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