Correct Answer
verified
Multiple Choice
A) International monetary policy
B) Time zones
C) Sustainability issues
D) Foreign languages
Correct Answer
verified
Multiple Choice
A) quality of goods or services moved to or from location i
B) x coordinate of location i
C) volume of goods or services moved to or from location i
D) y coordinate of location i
Correct Answer
verified
Multiple Choice
A) focus on flexibility and responsive service
B) focus on maximizing efficiencies in process flow
C) seek to balance capacity and demand, resulting in low levels of inventory
D) seek to minimize cost of routing products from factory to customers
Correct Answer
verified
Multiple Choice
A) Contract manufacturing
B) Outsourcing
C) Backward integration
D) Forward integration
Correct Answer
verified
Multiple Choice
A) manage to reduce travel expenses.
B) are able to enforce intellectual property rights easily.
C) maintain ownership of the facility in another country.
D) have better control on quality.
Correct Answer
verified
Multiple Choice
A) availability of raw materials
B) demand markets
C) site locations
D) service facilities
Correct Answer
verified
Multiple Choice
A) They are efficient even when schedules are missed.
B) They minimize inventory and production costs.
C) They forecast changes in customer demand.
D) They reduce transportation costs.
Correct Answer
verified
Multiple Choice
A) It works best when there are a large number of distribution centers.
B) It is more appropriate for make-to-order items.
C) It has an advantage of immediate availability of goods to consumers.
D) It works best with variable sales patterns.
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) factory
B) wholesalers
C) storehouses
D) assembly section
Correct Answer
verified
Multiple Choice
A) It cannot be applied when shipping routes have differing transportation costs.
B) Its objective is to satisfy all destination demands with a minimum transportation cost.
C) It cannot be applied when there is a variety of shipping routes.
D) Its objective is to locate service facilities.
Correct Answer
verified
Multiple Choice
A) They use only a few, large distribution centers to generate economies of scale.
B) They use optimization models that minimize costs of routing products from factory through distribution centers to retail stores and customers.
C) They are designed for efficiency and low cost by minimizing inventory and maximizing efficiencies in process flow.
D) They are supported by information technology that provides real-time information to managers across the supply chain.
Correct Answer
verified
Multiple Choice
A) third-party logistics provider
B) contract manufacturer
C) distribution center
D) supplier
Correct Answer
verified
Multiple Choice
A) They are not effective when sales patterns are consistent.
B) They are not effective when there are few distribution centers and products.
C) They increase transportation costs in a supply chain.
D) They result in higher costs when forecasting sales is difficult.
Correct Answer
verified
Multiple Choice
A) often provide the ability to form close partnerships.
B) often provide economies of scale.
C) lower the risk of supply disruption.
D) lower the chances of using a push or pull system.
Correct Answer
verified
Multiple Choice
A) Insourcing
B) Outsourcing
C) Backward integration
D) Forward integration
Correct Answer
verified
Multiple Choice
A) evaluating international monetary policies and cultural practices.
B) coping with issues such as tariffs, customs, and trade restrictions.
C) choosing a general region of a country.
D) selecting a specific city in which to locate.
Correct Answer
verified
Multiple Choice
A) third-party logistics provider
B) push system
C) pull system
D) distribution center
Correct Answer
verified
Multiple Choice
A) It can deliver most goods in 24 hours in Europe and the United States.
B) It can be viewed as a push system.
C) It is efficient rather than responsive.
D) It avoids proximity sourcing as its products are expensive.
Correct Answer
verified
Showing 1 - 20 of 32
Related Exams