Question
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 buyerās 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
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