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QUESTION NO: 1
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: 2
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: 3
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
QUESTION NO: 4
Which of the following conditions are most indicative of a company that is effectively managing its cash?
A.Low accounts receivable, low inventory, high accounts payable
B.High accounts receivable, low inventory, high accounts payable
C.Low accounts receivable , high inventory, low accounts payable
D.High accounts receivable, high inventory, low accounts payable
Answer: A
QUESTION NO: 5
Which of the following strategies would increase overall supply chain risk?
A.Single sourcing a product that makes the highest annual profit
B.Outsourcing a product that is not well suited to your operations
C.Identify multiple sources for a product that has a potential for supply chain disruption
D.Internally manufacturing a product that has a high level of technical intellectual property
Answer: A
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Updated: May 27, 2022