Sourcing And Supply Management

This question bank verified by Studydeets

Questions Bank

Introduction to Managing Operations Across the Supply Chain
Operations and Supply Chain Strategy
Managing Processes and Capacity
Extension : A Supplement: Process Mapping and Analysis
Productprocess Innovation
Manufacturing and Service Process Structures
Managing Quality
Extension: A Supplement: Quality Improvement Tools
Managing Inventories
Lean Systems
Customer Service Management
Sourcing and Supply Management
Logistics Management
Demand Planning: Forecasting and Demand Management
Sales and Operations Planning
Materials and Resource Requirements Planning
Project Management
Extension : A Supplement: Advanced Methods for Project Scheduling
Sustainable Operations Managementpreparing for the Future

All Questions

Question 1

Free

Multiple Choice

Zanda Corp.made a decision to use a more expensive mode of transportation to deliver orders to customers.This decision was likely made after an examination of

Choose correct answer/s

Cost-to-cost tradeoffs.

Consolidation strategies.

Product availability problems.

Cost-to-service trade-offs.

Check answer

Question 2

Free

Multiple Choice

Which of the following best describes the concept of total landed cost?

Choose correct answer/s

The sum of all logistics costs related to a product.

The lowest logistics cost for a product.

The sum of all product- and logistics-related costs.

The difference between product-related and logistics-related costs.

Check answer

Question 3

Free

Multiple Choice

Zanda Corp.had established a production plant in Thailand.Recently it decided to close the plant and move production to Mexico.This decision was likely made after Zanda:

Choose correct answer/s

Conducted a spend analysis.

Conducted a make-or-buy analysis.

Examined total landed cost.

Evaluated consolidation strategies.

Check answer

Question 4

Free

Multiple Choice

With respect to transportation regulation today in the United States:

Choose correct answer/s

There is no economic regulation of transportation.

There is more economic regulation than ever before.

There is very little safety/social regulation.

There is more safety/social regulation than ever before.

Check answer

Question 5

Free

Multiple Choice

Jones Company has decided to limit deliveries to selected areas to specific days of the week to obtain transportation savings.This is an example of:

Choose correct answer/s

Market consolidation.

Pooled delivery consolidation.

Scheduled delivery consolidation.

Transportation consolidation.

Poor planning.

Check answer

Question 6

Multiple Choice

Jones Company learned that several other shippers in its hometown had customers located in the same markets that it serves.With this information, Jones should investigate the possibility of:

Choose correct answer/s

Market area consolidation.

Scheduled delivery consolidation.

Pooled delivery consolidation.

Traffic consolidation.

To unlock the question

Question 7

Multiple Choice

Zanda Corp.can make three individual deliveries to three different customers at a cost of $500 each or can consolidate them into one shipment with a cost of $1,300 and a stop-off charge of $100 per stop.Should Zanda do this?

Choose correct answer/s

Yes, it will save $100.

Yes, it is simpler to do.

No, it will increase cost by $100.

It doesn't matter based on cost.

To unlock the question

Question 8

Multiple Choice

Miller Corp.can make three individual deliveries to three different customers at a transportation cost of $600 each or can consolidate them into one shipment with a transportation cost of $1,200 and a stop-off charge of $100 per stop.Should Miller Corp.consolidate the shipments?

Choose correct answer/s

Yes, it will save $100.

Yes, it will save $300.

No, it will increase cost by $100.

It doesn't matter based on cost.

To unlock the question

Question 9

Multiple Choice

Suppose you are shipping 1,000 pounds of product to a customer location that is 500 miles away from you.The customer calls you and increases the order size to 10,000 pounds.Which of the following is NOT LIKELY to occur as a result of this change?

Choose correct answer/s

The cost per pound of transportation for the order will decrease.

The total cost of transportation for the order will increase.

Both of these are likely to occur.

To unlock the question

Question 10

Multiple Choice

With respect to the following operating service characteristics of the modes of transportation, which combination is INCORRECTLY specified?

Choose correct answer/s

Speed: air is best; pipeline is worst.

Availability: truck is best; pipeline is worst.

Capability: pipeline is best; water is worst.

Dependability: pipeline is best; air is worst.

To unlock the question

Question 11

Multiple Choice

With respect to the following operating service characteristics of the modes of transportation, which combination is CORRECTLY specified?

Choose correct answer/s

Speed: air is best; pipeline is worst.

Availability: air is best; pipeline is worst.

Capability: rail is best; air is worst.

Dependability: pipeline is best; truck is worst.

To unlock the question

Question 12

Multiple Choice

Generally, the most expensive transportation mode (from among the following choices) is

Choose correct answer/s

Air.

Water.

Truck.

Rail.

To unlock the question

Question 13

Multiple Choice

Bill's glass store needs to ship an order of 10 chandeliers to a builder about 1,000 miles away.The chandeliers cost about $10,000 each, and Bill will be paid upon delivery.Bill plans to ship the order by truck at a cost of $1,000.The delivery will take 10 days.Bill uses a 30 percent annual inventory carrying cost.What will be the approximate total shipping and transit inventory carrying cost of the shipment?

Choose correct answer/s

$633.33

$821.92

$1,000

$1,821.92

To unlock the question

Question 14

Multiple Choice

You are shipping 200 diamonds to one customer located 2,000 miles away.The value of a diamond is $1,500.You can ship via air for $500 and the diamonds will arrive in two days, or you can ship via a specialty ground carrier for $250 and the diamonds will arrive in four days.You figure your inventory carrying cost is 25 percent.Your customer will immediately transfer funds to your bank account on receipt of the shipment.Using the air carrier would save approximately how much money in total cost? Use 365 days as the number of days in a year.

Choose correct answer/s

Nothing, it would actually cost more.

$150.00

$247.95

$160.96

To unlock the question

Question 15

Multiple Choice

Richard's Rollerskate Company relies on Simon's Trucking to transport all of their products.Simon's Trucking is the only shipping company for RRC, and all products are shipped in trucks that look like giant roller skates with Richard's Rollerskate branding on the trucks.Richard's Rollerskate is likely using which carrier type?

Choose correct answer/s

Common carrier.

Contract carrier.

Private carrier.

Public carrier.

To unlock the question

Question 16

Multiple Choice

Suppose you were the logistics manager for Way-Off Manufacturing and Marketing, a manufacturer of mosquito repellant.Further suppose that Way-Off markets its products in the entire United States.However, in each geographic region of the country, Way-Off only needs to warehouse products for two months during each year.Way-Off probably would use what type of warehousing?

Choose correct answer/s

Public

Private

Contract

Common

To unlock the question

Question 17

Multiple Choice

One function of warehouses or distribution centers is "consolidation." This means that the warehouse/distribution center is used to:

Choose correct answer/s

Group small inbound loads into larger outbound loads.

Collect products/packaging materials that are sent back for disassembly, reclamation, or disposal.

Hold inventory to buffer the system from variability in either in supply or demand.

Hold inventory needed because of seasonal requirements.

To unlock the question

Question 18

Multiple Choice

A major disadvantage of private warehousing is:

Choose correct answer/s

It offers less control than contract warehousing.

It requires more investment than contract warehousing.

It has less flexibility in operating policies than contract warehousing.

All of these are disadvantages of private warehousing.

To unlock the question

Question 19

Multiple Choice

Zanda Corporation's CEO watched in amazement and frustration as workers handled and loaded individual products onto trucks.She felt handling the individual items was very cumbersome.She should investigate the possibility of:

Choose correct answer/s

Using RFID.

Containerization.

AS/RS.

Private transportation.

To unlock the question

Question 20

Multiple Choice

A company finds the following information about its customers and their locations: The center of gravity is:

Choose correct answer/s

X^* = 52.5; Y^* = 57.5

X^* = 58.33; Y^* = 65

X^* = 56.66; Y^* = 61.66

Cannot be determined.

To unlock the question