GSCM206 January 2019 Week 5 Quiz Latest

GSCM206 Managing Operations Across the Supply Chain
Week 5 Quiz
Question 1
 (TCO 3) Which of the following is not a concern of the supply chain?
  Number of internal managers
  Credit and cash transfers
  Vendor reliability
  Distributors and banks
  Having fewer suppliers
 
Question 2
 (TCO 2) The purchasing approach that places the burden of meeting the buyer’s demands on the supplier is
  many suppliers.
  few suppliers.
  keiretsu.
  vertical integration.
  virtual companies.
 
Question 3
 (TCO 3) Japanese manufacturers often take a middle ground between purchasing from a few suppliers and vertical integration. This approach is
  kanban.
  keiretsu.
  samurai.
  poka-yoke.
  kaizen.
 
 
Question 4
 (TCO 2) The three classic types of negotiation strategies are
  vendor evaluation, vendor development, and vendor selection.
  competitive bidding, market-based price model, and cost-based price model.
  many suppliers, few suppliers, and keiretsu.
  cost-based price model, market-based price model, and inventory-based.        
 
Question 5
 (TCO 2) All of the following are opportunities in an integrated supply chain, except
  modification or customization of products.
  drop shipment.
  standardization.
  lot size reduction.
  accurate pull data.        
 
Question 6
 (TCO 3) Which of the following is NOT true regarding core competencies?
  They may include specialized knowledge.
  They may represent a small portion of an organization’s business activities.
  They may include proprietary technology or information.
  They may be good candidates for outsourcing.
  They may include unique production methods.
 
Question 7
 (TCO 3) What theory states that you should allow another firm to perform work activities for your company if that company can do it more productively than you can?
  Theory of competitive advantage
  Theory of core competencies
  Theory of comparative advantage
  Theory of outsourcing
  Theory of offshoring
 
Question 8
 (TCO 3) A manufacturing plant is considering outsourcing its production of tires. There are five risk areas on which the decision will be based. The current plant had scores of 1, 2, 4, 8, and 2; and the outsourced plant had scores of 3, 2, 4, 2, and 5. What is the current plant’s score if high scores indicate low risk, and an unweighted factor method is applied?
  14
  15
  16
 
  17
  None of the above      
 
Question 9
 (TCO 2) Which of the following is NOT a concern of the supply chain?
  Warehousing and inventory levels
  Credit and cash transfers
  Suppliers
  Distributors and banks
  Maintenance scheduling    
 
Question 10
 (TCO 2) Which type of negotiating strategy requires the supplier to open its books to the purchasers?
  Cost-based price model
  Market-based price model
  Competitive bidding
  Price-based model
  None of the above