Fall2011Quiz4Ch11and12wAnswers - Fall2011Quiz#4...

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Fall 2011 Quiz #4 - Chapter ʹ s 11 and 12 Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) A disadvantage of the ʺ few suppliers ʺ strategy is A) the lack of cost savings for customers and suppliers B) the high cost of changing partners C) the risk of not being ready for technological change D) possible violations of the Sherman Antitrust Act E) All of the above are disadvantages of the ʺ few suppliers ʺ strategy. 1) 2) The ʺ bullwhip ʺ effect A) results in increasing fluctuations at each step of the sequence B) increases the costs associated with inventory in the supply chain C) occurs as orders are relayed from retailers to wholesalers D) occurs because of distortions in information in the supply chain E) all of the above 2) 3) Which of the following statements about ABC analysis is false ? A) In ABC analysis,
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This note was uploaded on 12/12/2011 for the course OM 301 taught by Professor Naor during the Spring '09 term at George Mason.

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Fall2011Quiz4Ch11and12wAnswers - Fall2011Quiz#4...

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