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PURCHASING AND SUPPLY CHAIN MANAGEMENT

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1 / 50

SCM. Which of the following statements is true of LEAN?

Lean principles focus on advanced statistical methods

Lean principles are separate body of knowledge

Lean principles have been developed over a lengthy period of time.

Lean principles include reducing waste.

2 / 50

SCM. What are the Pre- Transaction elements in Customer satisafaction?

A, Knowledge of avaialability

B, Quality sales representation.

C, Monitored stocked level.

D, All of the above

3 / 50

SCM. Quality is both quantitative and

Supportive

Qualitative

Measurable

Conclusive

4 / 50

SCM. Which came last in the development of manufacturing techniques?

Lean production.

Division of labor

Mass production.

Craft production

5 / 50

SCM. Which of the following is not a type of operations?

Goods production

storage/transportation

entertainment

price reduction

6 / 50

SCM .Zero defects in manufacturing

is an unobtainable and misleading ideal

is the goal of TQM

is readily achievable in all areas

is a relevant goal only in electronic assembly

7 / 50

SCM. What is a perfect order?

a) simultaneous achievement of relevant customer metrics

b) an order that arrives on time

c) an order that arrives undamaged

d) an order that is easy for the receiver to fill

8 / 50

SCM. A worker operates a shear press. She notices that the metal sheets she is cutting have curled edges. Who should get the first "shot" at solving the problem?

the foreman

a member of the Quality Control department

the operator herself

the employee's supervisor

9 / 50

SCM. Which of the following is NOT a benefit of SCM Purchasing?

a) Consistent quality

b) Savings on resources

c) Lower costs

d) Less dependence on suppliers

10 / 50

SCM. What best describes the objectives of Purchasing.

A, Right Price,

B, Right Quantity, Right Quality

C, Right Source, Right Time

D, All of the above

11 / 50

SCM. Which of the following is not an area of responsibility for a logistics manager?

a) inventory

b) purchasing

c) warehousing

d) marketing

12 / 50

SCM. In a SC,Material flows in one direction while _________from in both direction

Process

Information

Product

Semifinished Goods

13 / 50

SCM. The variability in demand orders among supply chain participants:

a) cannot be controlled

b) refers to the bullwhip effect

c) can be controlled with electronic order placement

d) is more pronounced in relational exchanges

14 / 50

SCM. Companies manage their supply chains through ________.

information

transportation modes

competitors

the Internet

15 / 50

SCM. Among the tools of TQM, the tool ordinarily used to aid in understanding the sequence of events through which a product travels is a

Pareto chart

Flow chart

check sheet

16 / 50

SCM. Just-in-time/SCM purchasing requires the following condition:

Many suppliers

Short-term contracts

Cooperation between purchasing and suppliers

Continuous competitive bidding

17 / 50

SCM. A supply chain is essentially a sequence of linked:

Customer and prospects

Supplier and manufacturer

Suppliers and customers

Warehousing and wholesaling units

18 / 50

SCM. What is the best way of informing workers of management decisions:

A, Problem solving.

B, Decision making

C, Communication.

19 / 50

SCM. The goal of inspection is to

detect a bad process immediately

add value to a product or service

correct deficiencies in products

correct system deficiencies

20 / 50

SCM. If a sample of parts is measured and the mean of the measurements is outside the control limits the process is

in control, but not capable of producing within the established control limits

out of control and the process should be investigated for assignable variation

within the established control limits with only natural causes of variation monitored closely to see if the next sample mean will also fall outside the control limits

21 / 50

SCM. Which came last in the development of manufacturing techniques?

Lean production.

Division of labor.

Mass production

Interchangeable parts.

22 / 50

SCM. Which of the following functions is not a core function of an organisation?

The Product/Service Dev.Function

The Operations Function

The Marketing ( Including Sales ) Function

The accounting and finance function

23 / 50

SCM. The inputs to a transformation process include all of the following except

Material

People

Information

Assembly

24 / 50

SCM. The most common form of quality control includes:

Planning

Organizing

Inspection

Directing

25 / 50

SCM. Total Quality Management emphasizes

the responsibility of the Quality Control staff to identify and solve all quality-related problems

A commitment to quality that goes beyond internal company issues to suppliers and customers

A system where strong managers are the only decision makers

A process where mostly statisticians get involved

26 / 50

SCM. "Quality is defined by the customer" is

a user-based definition of quality

A manufacturing-based definition of quality

a product-based definition of quality

the definition proposed by the American Society for Quality Control

27 / 50

SCM. Intermediaries play an important role in matching ________.

dealer with customer

manufacturer to product

information and promotion

supply and demand

28 / 50

SCM. Which one does not use operations management?

A CPA firm.

A bank.

A hospital

They all use it.

29 / 50

SCM. Marketing logistics involves getting the right product to the right customer in the right place at the right time. Which one of the following is not included in this process?

implementing the plan for the flow of goods and services

planning the physical flow of goods and services

controlling the physical flow of goods, services, and information

gathering customer's ideas for new products

30 / 50

SCM."Quality is defined by the customer" is

An unrealistic definition of quality

A user-based definition of quality

A manufacturing-based definition of quality

A product-based definition of quality

31 / 50

SCM. Which of the following statements is true of LEAN?

Lean principles focus on advanced statistical methods

Lean principles include reducing waste.

32 / 50

SCM. A company's channel decisions directly affect every ________.

customer's choices

employee in the channel

channel member

Marketing decision.

33 / 50

SCM. According to the manufacturing-based definition of quality

quality is the degree of excellence at an acceptable price and the control of variability at an acceptable cost

quality depends on how well the product fits patterns of consumer

preferences even though quality cannot be defined, you know what it is

quality is the degree to which a specific product conforms to standards

34 / 50

SCM. Lean production involves

Elimination of cost only

Improvement of quality only

Improvement of speed only

Elimination of all types of waste

35 / 50

SCM. When a sample measurement falls inside the control limits, it means that

each unit manufactured is good enough to sell

the process limits cannot be determined statistically

the process output exceeds the requirements

if there is no other pattern in the samples, the process is in control

36 / 50

SCM. "Quality is conformance to specifications”-This definition of quality is from point of view of

Customer

Manufacturer

Quality Circle Forum

TQM

37 / 50

SCM. A ____________ encompasses all activities associated with the flow and transformation of goods from the raw material stage, through to the end user, as well as the associated information flows.

production line

supply chain

marketing channel

warehouse

38 / 50

SCM. Total Quality Management emphasizes

the responsibility of the Quality Control staff to identify and solve all quality-related problems

a commitment to quality that goes beyond internal company issues to suppliers and customers

a system where strong managers are the only decision

makers a process where mostly statisticians get involved

39 / 50

SCM. A supply chain is a sequence of firms that perform activities required:

a. to find products that are similar

b. to facilitate wholesalers inventory selections

c. to create synergy in their training programs

d. to create and deliver goods to consumers

40 / 50

SCM. Costs of dissatisfaction, repair costs, and warranty costs are elements of cost in the

Taguchi Loss Function

Pareto Chart

ISO 9000 Quality Cost Calculator

Process Chart

41 / 50

SCM.When suppliers, distributors, and customers collaborate with each other to improve the performance of the entire system, they are participating in a ________

a) channel of distribution

b) value delivery network

c) supply chain

d) supply and demand chain

42 / 50

SCM. A quality circle holds a brainstorming session and attempts to identify the factors responsible for flaws in a product. Which tool do you suggest they use to organize their findings?

Ishikawa diagram

Pareto chart

process chart

control charts

43 / 50

SCM.What name is often given to the Japanese „total approach‟ to removing anything that does not add value to the final product?

Jobbing processes

Lean production processes

Continuous processes.

44 / 50

SCM. The amount of inventory kept at each stock point in a warehouse network is usually based on:

Minimizing transportation costs

Constant demand

Tradeoffs between warehousing, inventory, and transportation costs

Product pricing strategy

45 / 50

SCM. Which of the following is not true about a lean production system?

It puts emphasis on quality, flexibility, and time reduction.

It puts emphasis on reducing a company's labor force.

It is involved in maintaining and improving the system with lower amounts of inventory.

It relies on buffers against unforeseen occurrences.

46 / 50

SCM. A quality loss function utilizes all of the following costs except

the cost of scrap and repair

the cost of customer dissatisfaction

inspection, warranty, and service costs

sales costs

47 / 50

SCM. A Supply Chain includes the chain of entities involved in the planning,procurement,production and ------------- of products and services

Distribution

Supply

Demand

48 / 50

SCM. A supply chain is a sequence of firms that perform activities required:

To find products that are similar

To create synergy in their training programs

To create and deliver goods to consumers

49 / 50

SCM. What is the meaning of MRP1

A, Material requirement Planning

B, Material requisitioning Planning

C, men requirement planning

50 / 50

SCM. When suppliers, distributors, and customers partner with each other to improve the performance of the entire system, they are participating in a ________

Channel Of Distribution

Value Delivery Network

Supply Chain

Supply And Demand Chain

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Purchasing and Supply Chain Management Examination

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