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Chapter 12 Final - TEST BANK Sourcing and Supply Chain...

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TEST BANK Sourcing and Supply Chain Management – 4th edition Handfield, Monczka, Giunipero, and Patterson Chapter 12 True or False 1. Projects have certain characteristics that make them unique compared with other forms of work. a. True (p. 425) b. False 2. Because a project usually has a defined scope with agreed-upon tasks and responsibilities, it is often more difficult to measure project success compared with other types of work. a. True b. False (p. 426) 3. There is a strong correlation between effective planning and successful project outcomes. a. True (p. 427) b. False 4. The advantage of a Gantt chart is that it can be easily updated to show the activities of larger, more complex projects. a. True b. False (p. 430) 5. Every activity in PERT has three time estimates: (1) most likely, (2) pessimistic, and (3) optimistic. a. True (p. 430) b. False 6. In a Gantt chart, a network is a graphical representation that shows how each activity relates in time and sequence to all other activities. a. True (p. 431) b. False 7. Activities without any slack are by definition on the critical path. a. True (p. 436) b. False This edition is intended for use outside of the U.S. only, with content that may be different from the U.S. Edition. This may not be resold, copied, or distributed without the prior consent of the publisher.
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8. Activities on the critical path will have slack. a. True b. False (p. 436) 9. The longest path (in time) through the PERT network is the critical path. a. True (p. 436) b. False 10. If learning occurs at a supplier during the performance of a purchase contract and the buyer does not take that into account, then the supplier will not reap the financial benefits that result from learning. a. True b. False (p. 438) 11. In collaborative relationships, buyers and suppliers can work together to mutually share the benefits of learning curves and productivity improvements. a. True (p. 438) b. False 12. The workforce factor of the learning curve refers to the ability of the worker on the job to learn and improve through repetitive effort and increased efficiency but not the effort by management to purse productivity gains. a. True b. False (p. 438) 13. Offering a supplier a longer-term contract with guaranteed volumes encourages investment in equipment that results in lower production costs. a. True (p. 438) b. False 14. All processes and items can benefit from or exhibit improvement from learning. a. True b. False (p. 439) 15. The learning curve requires the accurate collection of cost and labor data, particularly during the latter stages of production. a. True b. False (p. 441) This edition is intended for use outside of the U.S. only, with content that may be different from the U.S. Edition. This may not be resold, copied, or distributed without the prior consent of the publisher.
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16. A producer realizes the most dramatic learning improvements over early volumes when the effect from learning is the greatest.
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