This is a timed quiz. You will be given 1800 seconds to answer all questions. Are you ready?
The task of exercising control over the incoming raw materials and the outgoing finished products is usually known as ____________.
Which of the following refers to the process of identifying elements or factors that could lead to injury, loss, damage, or failure?
Which of the following is true for supply chain management?
Which of the following is not a part of Five M’s?
Which of the following statements about the selection of an intermediary would be typically TRUE in respect of the distribution of fast-moving consumer goods?
Which of the following is a definition of the term ‘supply chain’?
Which of the following types of contracts is LEAST desirable from the buyer’s perspective?
Which of the following descriptions best describe the role of a supply chain?
What is used to establish a relationship between the cost, schedule, and technical aspects of a project?
The sequence of a typical manufacturing supply chain is _____________________________.
Master schedule is prepared for ______________.
The supply management professional may use which means to resolve the logical conflicts?
Operations generated forecasts often not to do with
In order to ensure value for money organizations must strive for _____________________________________.
Rahul is a sourcing manager for a consumer electronics manufacturing company. His company is developing a new product that they expect will change the industry, and Davis wants to engage suppliers in the product development cycle. Which of the following includes the items MOST important when involving suppliers in the development cycle?
When defining the 5 rights of procurement and supply we should consider: Quality, Quantity, ________________, Source and Price.
Logistics is an integral part of supply chain management. Which explanation best represents outbound logistics?
Which of the following are the three types of supplier audits?
A measure of the velocity of total inventory movement through the organization, found by dividing annual sales by the average aggregate inventory value maintained during the year is called
Supply chain management is essentially the optimization of material flows and associated information flows involved with an organization's operations. To manage these flows, e-business applications are essential to bringing such benefits as noted in 'Internet retailing' in 2010 which reported that the average rates of return to a high street retailer could be as high as 10%. What did the same source report as the average rate of return for UK e-commerce sites?
The management of an effective supply chain requires the coordination of a wide range of activities which include _______________.
Brunswick Manufacturing commodity manager Lew Kennedy had worked on a large request for quotation (RFQ) for printed circuit boards for the past seven months. Brunswick was in the process of developing a new tool for semiconductor processing that could revolutionize the semiconductor manufacturing process and bring Brunswick a significant market share. All work surrounding this cross-functional product development team effort had been highly confidential. However, in a meeting with the potential winning supplier, Kennedy saw that the supplier had revised prints that had not been formally released. When asked, the supplier said that they had received the prints, as well as proprietary operating data, from Brunswick’s engineering team. What should Kennedy do? What are applicable?
Which of the following is true for ‘Routing’?
A company plans to hire a consulting firm to implement a new employee benefits Web site. Which of the following is MOST appropriate for this contract?
Jack works for a company that buys in diamonds and creates jewelry. In which sector is Jack employed?
Which of the following is NOT effective communication of acceptance of an offer?
Calculate four periods moving average forecast from the last six periods?
There are various methods to reduce the cost of production, except _______________
The short term regular variations related to the calendar or time of day is known as
Dispatching authorizes the start of production operations by ______________________. 1. Release of material and components from stores to the first process 2. Release of material from process to process 3. Issue of drawings instruction sheets Which of the following is (are) true?
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