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NEW QUESTION # 217
Which planning system determines when the necessary labor and equipment will have to beavailable to perform the work?
- A. MRP
- B. MPS
- C. DRP
- D. RCCP
- E. CRP
Answer: E
NEW QUESTION # 218
Which of the following types of raw materials would be most appropriate to source via an Internet-based trading exchange?
- A. Inexpensive material that is critical to the finished good
- B. Inexpensive material for which there are many sources
- C. Expensive material for which there are several substitutes
- D. Expensive material that is critical to the finished good
Answer: B
Explanation:
Section: Implementation and Operations
NEW QUESTION # 219
A company that sells direct to industrial and commercial businesses has become successful by being responsive to the needs of its customers. The company currently produces in each country all of the products it sells in that country. Several countries in which the company operates have negotiated an agreement to establish a trading bloc. Which of the following actions by the company would be most appropriate if the agreement is implemented?
- A. Consolidate production outside the trading bloc to reduce total costs.
- B. Reassign products so that each is produced in a single facility within the trading bloc to get economies of scale.
- C. Consolidate production within the trading bloc to reduce tariffs paid.
- D. Outsource the production of products with low sales volumes to reallocate capacity.
Answer: B
NEW QUESTION # 220
A company is considering relocating production to a lower-wage country. Volatility in which of the following areas most likely would impact profitability without modifying product landed costs?
- A. Currency exchange rates
- B. Product quality
- C. Commodity prices
- D. Labor costs
Answer: A
Explanation:
Section: Implementation and Operations
NEW QUESTION # 221
Which U.S. quality expert originally helped Japanese firms apply total quality principles afterWWII?
- A. Edwards Deming
- B. Michael Porter
- C. Philip Crosby
- D. Joseph Juran
Answer: A
NEW QUESTION # 222
All of the following are advantages of the SCOR model EXCEPT:
- A. formulas to calculate numerical values exist
- B. incorporates a balance scorecard perspective
- C. metrics can be used to benchmark against industry-best or best-in-class performance
- D. measures cross-functional, cross company supply chain processes
- E. developed and refined by major firms
Answer: B
NEW QUESTION # 223
Which of the following intrinsic product qualities concern the "form" of the product?
I. bulk vs. packaged
II. hazardousness
III.
state (solid, liquid, gas)
- A. I and II
- B. I
- C. I and III
- D. II
- E. III
Answer: C
NEW QUESTION # 224
Which of the following correspond to the process that provides the structure for working withcustomers and suppliers to develop products and bring them to the market?
- A. SRM
- B. CRM
- C. product development and commercialization
- D. demand management
- E. order fulfillment
Answer: C
NEW QUESTION # 225
The practice of purchasing items in large quantities and requesting that shipments be delivered directly to customers is referred to as:
- A. cross-docking.
- B. drop shipping.
- C. freight equalization.
- D. breaking bulk.
Answer: B
NEW QUESTION # 226
A clothing company focuses its attention on high-fashion products and rapid product development. Which of the following types of value is the company trying to create?
- A. Customer
- B. Environmental
- C. Social
- D. Financial
Answer: D
NEW QUESTION # 227
Which production scheduling technique is used with the fourth stage of SAP's Stages ofExcellence (i.e., multi-enterprise integrated)?
- A. advanced planning systems (APS)
- B. constraint-based planning
- C. basic MRP
- D. no planning
Answer: A
NEW QUESTION # 228
All of the following are extrinsic factors that influence demand for a product EXCEPT:
- A. product positioning
- B. business cycle
- C. customer product requirements
- D. customer corporate objectives
Answer: A
NEW QUESTION # 229
A company produces and distributes a family of soft drinks in a single country. It has developed and will introduce a new family of soft drinks for weight- and health-conscious individuals. There currently are no competitors with nationwide distribution for this category of soft drinks. Which of the following supply chain strategies would be most appropriate for the two product families?
- A. Produce both product families only after receipt of a distributor order.
- B. Produce both product families to forecast and push through the distribution system.
- C. Produce the current product family to order and the new product family to forecast.
- D. Produce the current product family to forecast and the new product family to order.
Answer: D
NEW QUESTION # 230
Which of the following organizational design choices is an example of vertical integration?
- A. Producing components used internally
- B. Awarding a one-time trade show contract
- C. Externally staffing a customer service center
- D. Contracting with a third-party logistics provider
Answer: A
NEW QUESTION # 231
A company is pursuing price as a competitive advantage. Which of the following operational performance indicators would the company most likely want to improve?
- A. Sustainability
- B. Relevancy
- C. Responsiveness
- D. Efficiency
Answer: C
Explanation:
Section: Mixed questions
NEW QUESTION # 232
Which of the following is true regarding functional products?
- A. Functional products have unstable & unpredictable demand, and high profit margins.
- B. Functional products have unstable & unpredictable demand, and low profit margins.
- C. Functional products satisfy basic needs, have stable & predictable demand, and long lifecycles.
- D. Functional products satisfy basic needs, have unstable and unpredictable demand, and longlife cycles.
Answer: C
NEW QUESTION # 233
Replacing a raw material in a manufacturing process with an alternate material that reduces emissions is an example of using:
- A. the global reporting initiative e (GRI).
- B. recycling.
- C. rework.
- D. life cycle assessment (LCA).
Answer: B
NEW QUESTION # 234
The primary business advantage of developing an international supply chain is to:
- A. decrease inventory costs.
- B. realize economies of scale in production and distribution.
- C. reduce transportation costs.
- D. limit the number of component suppliers.
Answer: B
NEW QUESTION # 235
A company plans to implement a new software application for inventory optimization. Which of the following actions will most likely reduce the implementation time?
- A. Develop the new software in-house and purchase additional hardware
- B. Purchase the new software and host it on secure cloud servers
- C. Integrate the new software with supply chain partners
- D. Purchase the new software and customize it
Answer: B
Explanation:
Section: Mixed questions
Explanation
NEW QUESTION # 236
The process used to determine the impact of promotions, price discounts, and rebates on demand forecasts commonly is referred to as demand:
- A. shaping.
- B. planning.
- C. aggregating.
- D. forecasting.
Answer: A
Explanation:
Section: Supply Chain Strategy, Design, and Compliance
Explanation
NEW QUESTION # 237
Determining which of the following factors is a strategic element of supply chain design?
- A. Location of each process within a facility
- B. Capacity required within each facility
- C. Target levels for every item in inventory
- D. Number, size, and location of facilities
Answer: D
Explanation:
Section: Mixed questions
NEW QUESTION # 238
The probability of customer dissatisfaction is highest when which of the following conditions exists?
- A. There is a gap between what was indicated and what was accomplished.
- B. Customer expectations are clearly defined.
- C. There is a gap between expected performance and perceived performance.
- D. Supplier execution is too low.
Answer: C
Explanation:
Section: Fundamentals of Supply Chain Management
NEW QUESTION # 239
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