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QUESTION NO: 1
Which of the following strategies is most appropriate for managing unknown risks in a global supply chain?
A.Vertical integration
B.Technology integration with suppliers
C.Investing in redundancy
D.Strengthening supplier relationships
Answer: C
QUESTION NO: 2
The globalization of a supply chain typically increases uncertainty and:
A.production lead time.
B.local competition.
C.documentation complexity.
D.product standardization.
Answer: C
QUESTION NO: 3
A manufacturer has direct relationships with its tier 1 suppliers. Which of the following supplier capabilities is a benefit to the manufacturer establishing a direct relationship with lower-tier suppliers?
A.Provides smaller lot sizes
B.Provides components with short lead times
C.Provides Just in Time deliveries
D.Provides information about impending shifts in the economy
Answer: D
QUESTION NO: 4
Which of the following actions is most appropriate when implementing a strategy to create customer-affordable value?
A.Use a more rapid transportation mode.
B.Increase safety stock.
C.Extend product warranty.
D.Employ lean principles.
Answer: D
QUESTION NO: 5
In an assemble-to-order manufacturing environment, the master production schedule is typically the schedule of:
A.resources.
B.customer orders.
C.components and subassemblies.
D.the final assembly.
Answer: C
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Updated: May 27, 2022