Which of the following activities is critical to successful synchronization of supply and demand throughout a supply chain?
A. Sharing demand information
B. Placing large orders to obtain lower prices
C. Reducing the number of deliveries
D. Maintaining increased inventories
Organizations that change from a traditional purchasing perspective to a supply chain perspective most likely will adopt techniques related to:
A. product pricing.
B. value stream analysis.
C. centralized decision making.
D. sourcing multiple suppliers.
Which of the following actions by trading partners would be most appropriate to protect against variability in supply and demand?
A. Improve product quality.
B. Increase inventory levels.
C. Increase information sharing.
D. Reduce product complexity.
Which of the following objectives is the primary driver in the design and implementation of lean process management?
A. Reducing the level of inventory
B. Decreasing the cash-to-cash cycle
C. Integrating processes between departments
D. Satisfying customer requirements
A procurement manager wants to reduce costs on commodity items. Which of the following actions is likely to result in the greatest savings?
A. Conducting a supplier review and recertification
B. Renegotiating contracts with commodity suppliers
C. Standardizing and eliminating redundant items
D. Leveraging group purchasing power
Which of the following actions is most appropriate when implementing a strategy to create customer-affordable value?
A. Use a more rapid transportation mode.
B. Increase safety stock.
C. Extend product warranty.
D. Employ lean principles.
The production scheduler for a bottleneck resource should:
A. schedule additional preventive maintenance for the resource.
B. ensure a constant queue of work waiting to be processed.
C. increase production lot sizes to increase utilization of resources.
D. implement pull signals for production of the bottleneck resource.
Which of the following tools is most appropriate to use to determine projects that will achieve the greatest net benefits?
A. Pareto diagram
B. Fishbone diagram
C. Process flow diagram
D. Operation process chart
Point-of-sale information fails to measure actual demand most likely because:
A. holidays interrupt typical sales patterns.
B. inventory levels are inaccurate.
C. there is lag time in the system.
D. data about lost sales cannot be captured.
Which of the following factors is the most appropriate measure of delivery performance for finished goods?
A. Perfect order fulfillment
B. On-time delivery
C. Load efficiency
D. Available-to-promise
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