Which of the following supply chain perspectives is being pursued if a company's initiatives include barcoding, RFIDs, and EDI as the primary drivers of supply chain excellence?A . independent functional areas loosely coupledB . procurement...
What is the first step in devising an effective supply chain strategy ?A . analyze the product life cycleB . consider the nature of demand for productsC . make demand predictableD . increase product varietyE...
Which planning system determines when the necessary labor and equipment will have to be available to perform the work?A . DRPB . MPSC . MRPD . CRPE . RCCPView AnswerAnswer: D
The top 20% of customers often account for what percentage of sales?A . 20%B . 40%C . 60%D . 80%E . almost 100%View AnswerAnswer: D
What does the "P" in PDCA stand for?A . partnershipB . performanceC . phasedD . planE . processView AnswerAnswer: D
All of the following processes are excluded from SCOR v.7.0 EXCEPT:A . sales and marketingB . research and technology developmentC . product developmentD . product transactionsE . information technologyView AnswerAnswer: D
Which of the following are criteria for a core competency? I. provides access to a wide variety of markets II. contributes to perceived customer benefits III.is difficult to imitateA . IIB . I and IIC...
Which of the following relationships has the maximum degree of independence of ownership and the minimum degree of integration?A . ad hoc tradingB . just-in-time suppliersC . keiretsuD . partnershipE . vertical integrationView AnswerAnswer: A
Which of the following is the most systematic approach to allocating indirect costs?A . activity-based costingB . financial accountingC . managerial accountingD . process indirect costingView AnswerAnswer: A
What does the "F" in CPFR stand for?A . forecastingB . freightC . fulfillmentD . functionalE . fuzzyView AnswerAnswer: A
