54) Evidence suggests that outsourcing: a) Increases long-term costs b) Produces short-term costs but raises long-term costs c) Reduces variable costs but increases fixed costs d) Reduces long-term costs after an initial short-term rise e) Produces immediate and sustainable cost reduction
Page 21 of 33 This examination is subject to Examination Regulations for Candidates 2016 FIRST YEAR SUMMER EXAMINATION PAPER BN1135 PRINCIPLES OF OPERATIONS MANAGEMENT 55) All of the horizontal and vertical operations that are linked together to provide goods and services to the end customer are called: 56) The bullwhip effect is characterized by: downstream in the chain upstream in the chain in the chain proceed upstream in the chain. 57) Which of the following changes would decrease the likelihood of the bullwhip effect?
Page 22 of 33 This examination is subject to Examination Regulations for Candidates 2016 FIRST YEAR SUMMER EXAMINATION PAPER BN1135 PRINCIPLES OF OPERATIONS MANAGEMENT 58) One way to reduce the bullwhip effect is for supply chain members to a) Restrict information flows between supply chain members b) Make ordering decisions independently of each other c) Forecast demand independently of other supply chain members d) Share demand forecasts with other supply chain members e) None of the above 59) A responsive supply chain typically has: 60) The transfer of some of what are traditional internal activities and resources of a firm to outside vendors is:
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