True Measuring supply chain performance moderate MULTIPLE CHOICE 36 The three

True measuring supply chain performance moderate

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True (Measuring supply chain performance, moderate) MULTIPLE CHOICE 36.The three major variations of online catalogs are 1.a. catalogs by vendors, catalogs by intermediaries, and exchanges provided by buyers 2.b. EDI, ERP, and ASN 3.c. cost-based, market-based, and competitive bidding 4.d. drop shipping, channel assembly, and postponement 5.e. all auction-based a (E-procurement, moderate) {AACSB: Use of IT} 37. Visibility throughout the supply chain is a requirement among supply chain members for 1.a. mutual agreement on goals 2.b. mutual trust 3.c. compatible organizational cultures 4.d. local optimization 5.e. the bullwhip effect b (Managing the supply chain, moderate) 38. Which of the following is nota concern of the supply chain? 1.a. warehousing and inventory levels 2.b. credit and cash transfers3.c. suppliers 4.d. distributors and banks5.e. maintenance scheduling e (The supply chain’s strategic importance, moderate) 39. What type of negotiating strategy requires the supplier to open its books to the purchasers?1.a. cost-based price model2.b. market-based price model 3.c. competitive bidding 4.d. price-based model 5.e. none of the above a (Vendor selection, moderate) 40. Which of the following statements is trueregarding the leverage of supply chain savings? 1.a. Supply chain leverage is about the same for all industries. 2.b. Supply chain savings exert more leverage as the firm's purchases are a smaller percent of sales. 3.c. Supply chain savings exert more leverage as the firm has a lower net profit margin. 4.d. Supply chain leverage depends only upon the percent of sales spent in the supply chain. 5.e. None of the above is true. c (Supply chain economics, moderate)
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41. One dollar saved in purchasing is 1.a. equivalent to a dollar earned in sales revenue 2.b. worth even more than a dollar earned in sales revenue 3.c. worth slightly more than a dollar earned because of taxes 4.d. worth from 35% in the technical instrument industry to 70% in the food products industry 5.e. only worthwhile if you are in the 50% tax bracket and still have a low profit margin b (Supply chain economics, moderate) 42. Which one of the following statements about purchasing is true? 1.a. The cost of purchases as a percent of sales is often small. 2.b. Purchasing provides a major opportunity for price increases. 3.c. Purchasing is always more efficient than making an item. 4.d. Purchasing has an impact on the quality of the goods and services sold. 5.e. Competitive bidding is a major factor in long-term cost reductions. d (Supply chain economics, moderate)
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