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NEW QUESTION 1
A manufacturer is the leader of a group of trading partners that are collaborating to improve customer service levels and profitability. Which of the following methodologies would be most appropriate for synchronizing supply and demand across the supply chain?
- A. Sales and operations planning
- B. Distribution requirements planning
- C. Supply Chain Operations Reference-model
- D. Supply chain event management
Answer: A
NEW QUESTION 2
A company considers outsourcing its information technology support to a low-cost region on another continent. The company currently has no business presence there. Which of the following actions is most effective in helping to select a service provider?
- A. Contacting the country's consulate for leads
- B. Contacting the country's local government for recommendations
- C. Visiting several potential providers before making a selection
- D. Finding a trusted local business agent to help in the search
Answer: D
NEW QUESTION 3
Which of the following circumstances best describes a roadblock to implementing customer relationship management and supplier relationship management?
- A. Concern about conflicts of interest with partners in the supply chain
- B. Lack of defined industry standards
- C. Deterioration of customer service levels
- D. Increased access to information for supply chain partners
Answer: A
NEW QUESTION 4
Which of the following outcomes is an expected benefit of effectively implementing supply chain event management software?
- A. Inventory data are captured in real time.
- B. Files are transferred from one corporation to another.
- C. Notifications of variances from plans are triggered.
- D. Communication protocols between companies are standardized.
Answer: C
NEW QUESTION 5
When an importer and manufacturer are operating in a free trade zone, payment of a customs duty is triggered when products are:
- A. returned.
- B. assembled.
- C. stored.
- D. distributed.
Answer: D
NEW QUESTION 6
Which of the following elements is critical to successfully using a sales and operations planning process?
- A. Focusing on performance of the past 12 to 18 months
- B. Implementing a unified cross-functional plan and process
- C. Implementing bottom-up decision making
- D. Aligning the forecast to the annual budget
Answer: B
NEW QUESTION 7
The ABC classification system answers which two of the following inventory-related questions?
- A. How much inventory should be ordered at one time, and when will the order be placed?
- B. What is the importance of the inventory item, and how will the inventory items be controlled?
- C. How much inventory should be ordered at one time, and what is the importance of the inventory item?
- D. When will the order be placed, and how will the inventory items be controlled?
Answer: B
NEW QUESTION 8
When doing international business, a company's total line-haul costs will vary with the:
- A. weight shipped.
- B. distance shipped.
- C. pallets shipped.
- D. volume shipped.
Answer: B
NEW QUESTION 9
The implementation of major enterprise-wide changes to eliminate or significantly reduce waste is related to which of the following concepts?
- A. Kaizen
- B. Kanban
- C. Six Sigma
- D. Lean
Answer: D
NEW QUESTION 10
A company exports products to emerging markets. Which of the following approaches would be used to enhance compliance, minimize risks, and connect supply chain activities?
- A. Logistics network planning
- B. Distribution requirements planning
- C. Supply chain event management
- D. Global trade management
Answer: D
NEW QUESTION 11
A media company offers a majority of its movies through a specific distributor. The media company is beginning to produce content for a new foreign market to which the distributor has exclusive access. To maximize savings and gain entry to this new market, the media company should:
- A. create a contract for the new market.
- B. enter into a partnership.
- C. form a strategic alliance.
- D. acquire the distributor.
Answer: C
NEW QUESTION 12
Demand management involves which of the following undertakings?
- A. Adjusting capacity to support expected demand
- B. Engaging in activities associated with customer relationship management
- C. Creating higher customer demand by improving performance in areas such as lead time and service levels
- D. Understanding events and managing activities that could influence future demand
Answer: D
NEW QUESTION 13
A disadvantage of capable-to-promise (CTP) when compared to available-to-promise (ATP) is:
- A. the loss of potential sales based on earlier allocations.
- B. it does not include inventory levels.
- C. it requires the purchase of additional equipment.
- D. it requires more complex calculations.
Answer: D
NEW QUESTION 14
Which of the following is the most important result when a company implements customer relationship management?
- A. Profits are maximized.
- B. Retention of key customers is increased.
- C. Product options are increased.
- D. Transaction costs are decreased.
Answer: B
NEW QUESTION 15
A business is changing from a business to business model to a business to consumer model. Which of the following statements about this supply chain change is true?
- A. Returns from customers will decrease.
- B. Number of supplier orders will increase.
- C. Number of customer orders will increase.
- D. Average supplier order size will increase.
Answer: C
NEW QUESTION 16
Continuous improvement is best described as:
- A. a never-ending effort to expose and eliminate root causes of problems.
- B. a never-ending effort by the management team to reduce cycle time.
- C. identifying and implementing big-step improvements within a process.
- D. a process in which a supplier commits to replenishing inventory based on demand without receiving replenishment orders.
Answer: A
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