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Question
A difference between efficient supply chains and responsive supply chains is that responsive supply chains _____.
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
Answer
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Related questions
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_____ inventory is an additional amount of inventory that is kept over and above the average amount required to meet demand.
a. Seasonal
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c. Finished-goods
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Which of the following statements is true of backorders?
a. They occur as a result of excessive stock.
b. They occur when a customer is unwilling to wait for an ordered item.
c. They result in additional costs.
d. They force a customer to purchase elsewhere.
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In the context of ABC inventory analysis, which of the following statements is true of class A items?
a. They require close control by operations managers.
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c. They can be managed using automated computer systems.
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In the context of fixed-quantity systems, _____ is defined as the on-hand quantity (OH) plus any orders placed but which have not arrived minus any backorders (BO).
a. inventory position
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In the context of project management, _____ a project involves releasing and reassigning people.
a. closing
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Q:
For manufactured goods, design blueprints specify a nominal dimension which is the:
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b. dimension with the greatest variation from the target dimension.
c. range of permissible variation in the target dimension of the goods.
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Q:
_____ technology refers to the application of the Internet, computer programs, and information systems to provide data, information, and analysis to facilitate the creation and delivery of goods and services.
a. Hard
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_____ refers to equipment and devices that perform a variety of tasks in the creation and delivery of goods and services.
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Scalability is a key issue in e-commerce.
a. True
b. False
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_____ often drive simultaneous improvements in quality, cost, and productivity.
a. Credence attributes
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Identify a true statement about corporate strategy of large organizations.
a. It defines the focus for strategic business units of an organization.
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c. It is necessary to define the businesses in which an organization will participate.
d. It defines how an organization's processes are designed and organized.
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Indicate whether the statement is true or false.Different industries use different software packages for scheduling because every industry has different problem structures.a. Trueb. False
Q:
Capacity requirements are computed by multiplying the number of units scheduled for production at a work center by the:
a. the unit resource requirements and then adding in the setup time.
b. the setup time and then subtracting the unit resource requirements.
c. the setup time and then adding in the unit resource requirements.
d. the unit resource requirements and then subtracting the setup time.
Q:
Which of the following lot sizing rules is best applied when setup or order costs are high?
a. The fixed-order quantity rule
b. The lot-for-lot rule
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Q:
_____ are the quantity of a component needed to support production at the next-higher level of assembly.
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a. It minimizes the costs associated with production setups.
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a. 100
b. 150
c. 200
d. 250
Q:
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a. Aggregate planning
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a. True
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a. plan
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c. make
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a. Certified suppliers
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a. manufacturer
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Which of the following is true of order amplification?
a. Order amplification in the supply chain leads to the bullwhip effect.
b. Large order sizes can help manage order amplification.
c. Order amplification decreases as one moves back up the supply chain away from the retail customer.
d. Increasing price fluctuations can help manage order amplification.
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Technology upgrades and backup systems and sites can help mitigate security risks.
a. True
b. False
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a. True
b. False
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The single-period inventory model applies to inventory situations where demand is uncertain.
a. True
b. False