Quiz
Logistics 1.2.1
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Questions in this quiz (42)
1Which of the following manufacturing approaches would describe most consumer products, such as food, razor blades, over the counter drug, etc?
- APTO (Procure to order)
- BMTO (Make to order)
- CATO (Assemble to order)
- DMTS (Make to stock)
2Which of the following process structures can produce highest volume?
- AJob shop
- BLine flow
- CContinuous flow
- DBatch operation
3In this manufacturing approach, typically many different end items are made by combining standard components in inventory into many different products.
- AMTS (Make to stock)
- BATO (Assemble to order)
- CETO (Engineer to order)
- DJIT (Just in time)
4Which of the following statements would be true regarding the customer experienced lead time in a make-to-order company?
- AIt would be shorter than make-to-stock company
- BIt would be the same as a make-to-stock company
- CIt would be longer than assemble-to-order company
- DIt would be shorter than an assemble-to-order company
5Firms are globalizing their operations today for all of the following reasons except
- ATake advantage of lower labor rates
- BObtain reductions in value-added taxes
- CSource product from locations that involve less transportation uncertainty
- DSimplify product variations
6Which of the following does not represent challenges for low-cost country sourcing?
- AIdentification of sources capable of producing the materials in the quality and quantity required
- BProtection of the firm's intellectual property
- CIdentifying low cost production sources
- DInventory and obsolescence risk associated with longer lead times
7All other things being equal, low cost country sourcing would be suggested for
- AProducts with many varieties
- BProducts with high security or import constraints
- CProducts with low intellectual property content
- DProducts with low labor content
8ISO certified suppliers are frequently preferred by procurement departments because of different reasons, one of those reasons is the following:
- ASuppliers are usually more closed to share supply chain information
- BIt is more challenging for procurement personnel to initially qualify and audit suppliers
- CSuppliers welcome building relationship with their customers
- DSuppliers conform to their internally defined set of standards
9Average cost to produce products declines as manufacturing volume increases
- AEconomy of scope
- BEconomy of scale
- CCharacteristic of customer preference
- DNone of the above
10US government specifies desired outcome and lets suppliers determine the best way to meet those requirements
- ADesign for logistics interface
- BDesign for manufacture
- CPerformance based logistics interface
- DJust in time interfaces
11The actual life expectancy of the product
- APerformance
- BReliability
- CDurability
- DConformance
12Based on customer's experience before, during and after they purchase a product
- APerceived quality
- BFeatures
- CServiceability
- DConformance
13Process used to manufacture such items as gasoline, laundry detergent and chemicals
- AJob shop
- BBatch process
- CLine flow
- DContinuous
14Used when products are unique and extensively customized for specific needs of individual customers
- AETO
- BMTO
- CMTS
- DATO
15Approach used to identify sources of variability and then systematically reduce them
- AThree sigma quality level
- BSix sigma quality level
- CSix sigma
- DNone of the above
16A company has decided that it no longer needs to extensively count and inspect the products it buys from a particular supplier. This suggests that the buying company is in the volume consolidation stage of developing procurement strategy.
- ATrue
- BFalse
17A job shop manufacturing process allows products to be customized for specific customers
- ATrue
- BFalse
18Make-to-order strategies typically have lower inventory and warehousing cost than make-to-plan strategies.
- ATrue
- BFalse
19Performance based logistics has been found to both improve quality as well as reduce cost for the buying organization.
- ATrue
- BFalse
20Good purchasing strategy is based on standardized set of procedures for dealing with every supplier in a firm's supply base.
- ATrue
- BFalse
21The most important objective in procurement strategy is to insure that the lowest purchase price is obtained from suppliers.
- ATrue
- BFalse
22The customer accommodation cycle for make-to-plan items is typically longer thant the cycle for assemble-to-order items.
- ATrue
- BFalse
23Which of the following describes the supply chain strategy for the "International Operations: local presence" stage of global development?
- AAgents and third party logistics service providers
- BSubsidiaries and local distributors with specific business charters and visible local presence
- CWorldwide flow of key resources to leverage global sourcing and marketing advantages
- DNone of the above
24Which of the following is not a reason for extended performance cycle times for globalized supply chains?
- ALonger production run times
- BLonger transit times
- CCustoms delays
- DFinance requirements
25All other things being equal, domestic sourcing would be suggested for
- AProducts with high value
- BProducts with high labor content
- CProducts with long life cycles
- DProducts with low transportation uncertainty
26Good purchasing strategy is based on standardized set of procedures for dealing with every supplier in a firm's supply base.
- ATrue
- BFalse
27If the Total Performance Cycle of a process consists of the following tasks: Order processing, Order transportation and Customer delivery and each one has the following shortest, average and longest time: (1,2, 6), (2, 4, 10) and (3, 4, 5). What is the longes time that it would take for a customer to receive his or her order?
- A6
- B10
- C14
- D21
28What would be the shortest time and average time of the whole cylcle?
- A6 and 10
- B2 and 5
- C10 and 14
29Coordinating the flow of materials, products and information between supply chain partners to reduce duplication of effort
- ASupply Chain Synchronization
- BSupply Chain Cycle
- CSupply Chain Collaboration
- DSupply Chain Performance
30The difference between a "customer success" focus and a "customer satisfaction" focus is that:
- ACustomer satisfaction is more difficult to achieve
- BCustomer success deals with expectations of customers, satisfaction deals with their requirements
- CCustomer satisfactions deals wih expectations, customer success deals with requirements
- DThere is no difference
31From a strategic perspective, companies should strive to:
- AProvide customer sucess to all customers
- BRealize different customer accommodation approaches may be appropriate for different customers
- CAll customers desire close customer success types of relationships
- DNever refuse to do business with a customer
32It is very possible that the supplier which offers the lowest purchase price does not have the lowest total cost of ownership for the buying firm.
- ATrue
- BFalse
33A six-sigma quality program suggests that the acceptable level of defects or failures is one-half that of a traditional three sigma approach
- ATrue
- BFalse
34Which one of the following statements is not related to the Challenges related to Global Sourcing?
- ALow-cost country sourcing
- BProtection of firm's intellectual property
- CGuarantee the product's security while in transit
- DUnderstanding import/export compliance issues
35Generally speaking, procurement can have a greater impact on the net income of a company than most other departments. This is due to the fact that:
- AManufacturing relies on purchasing to identigy high quality suppliers
- BSuppliers want to reduce their prices to their customers
- CMarketers don't care about net income
- DPurchased materials and supplies fequently represent the largest costs in a company
36Suply base reduction (volume consolidation)
- AHas potential benefits for suppliers as well as for buyers
- BInvolves early supplier involvement in product design
- CPuts the buyer at a negotiating disadvantage
- DHas little potential for savings for buyers
37Which manufacturing process can produce many different product varieties but has a long customer experienced lead time?
- ALine flow
- BRepetitive flow
- CContinous flow
- DBatch operation
38In Make-to-stock, customer orders are satisfied from?
- ARaw material inventory
- BWork in process inventory
- CFinished goods inventory
- DSupplier inventory
39The characteristics of an export/import perspective are all of the following except:
- ASourcing and resource choices are influenced by artificial constraints
- BOperations are strongly driven by local presence
- CIncrease planning complexity
- DExtends domestic logistics systems and operating practices to global origins and destinations
40Which of the following describes the product focus for the "Export/Import" stage of global development?
- AUnique production and distribution for each country served
- BLocal market customization supported by postponement or local production
- CGlobal brands
- DNone of the above
41The major justification for Cabotage laws was
- AReduce transportation uncertainty
- BReduce transportation cost
- CProtect domestic shipping capacity
- DProtect domestic infrastructure
421) [blank_start]Procurement[blank_end] = Focuses on building relationship with suppliers and downstream customers
2) [blank_start]ATO[blank_end] = Products are not assembled until customer order is received
3) [blank_start]Robust operations[blank_end] = Flexible strategy that obtains uniform performance over a wide variety of process conditions
4) [blank_start]North America[blank_end] = Region of the world where the logistics expenditure to GDP ratio has the lowest variance
5) [blank_start]Performance based logistics[blank_end] = Government specifies desired outcomes and lets suppliers determine the best to meet requirements
6) [blank_start]Potential hidden costs[blank_end] = Commission to customs brokers
7) [blank_start]Inventory and warehousing[blank_end] = Cost goes up as volume goes up
8) [blank_start]Lean[blank_end] = Philosophy of manufacturing that emphasizes the minimization of the amount of all resources used in the operation of a company
9) [blank_start]Customs clearance[blank_end] = Reason for longer order cycle to delivery cycle time
10) [blank_start]Posttransaction component[blank_end] = Field failures- AProcurement
- BATO
- CRobust operations
- DNorth America
- EPerformance based logistics
- FPotential hidden costs
- GInventory and warehousing
- HLean
- ICustoms clearance
- JPosttransaction component
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- Quiz on Logistics 1.2.1, created by Luisa Reichenbach on 12/11/2019.
- Author
- Luisa Reichenbach
- Language
- English
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