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Logistics 1.2.3

Luisa Reichenbach 63 questions Updated 19 Feb 2020

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  1. 1Organizational capabilitiy that ensures the firm is positioned to implement its strategies with support from its supply base:
    1. APurchasing
    2. BAcquisition
    3. CProcurement
    4. DNone of the above
  2. 2Which of the following options is not a purchasing capability:
    1. ATransactional focus
    2. BTry getting the lowest price possible with acceptable quality
    3. CInvolvement with outsourcing
    4. DSimply responding to demands of the production group
  3. 3Which one of the following statements procurement focuses on:
    1. AMaximizing inventory investment
    2. BLowest total Cost of Ownership
    3. CSupplier self development
    4. DQuality maintenance of supply
  4. 4One of the components of the Total Cost of Ownership is post-transaction. Which of the following elements is part of transaction:
    1. AQualifying sources
    2. BBilling & payment
    3. CInvestigating sources
    4. DCost of repair parts
  5. 5There are several procurement alternatives, one of those is Supplier Operational Integration. Select the option that represents an element of Supplier Operational Integration.
    1. AReducing total number of suppliers while minimizing risk
    2. BInvolving the supplier early in product design
    3. CBuilding partnerships
    4. DReducing complexity
  6. 6The procurement strategy that better suits a High value to the firm and Low level of supply risk is:
    1. ACritical purchases
    2. BLeverage purchases
    3. CRoutine purchases
    4. DBottleneck purchases
  7. 7Which of the dimensions of quality best describes likelihood that the product will perform throughout its expected life
    1. APerformance
    2. BReliability
    3. CDurability
    4. DConformance
  8. 8Involves frequent product runs and high repetition of small lot sizes:
    1. AVariety
    2. BVolume
    3. CBrand power
    4. DConstraints
  9. 9There are different basic manufacturing processes. The one that produces standard products with a limited number of variations moving on an assembly line through stages of production is:
    1. ABatch process
    2. BContinuous
    3. CJob shop
    4. DLine flow
  10. 10Select the manufacturing strategy that is used when components are made, stocked to forecast, but products are not assembled until customer order is received:
    1. AATO
    2. BETO
    3. CMTO
    4. DMTS

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Description
Quiz on Logistics 1.2.3, created by Luisa Reichenbach on 30/11/2019.
Language
English
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61
History
Created on 30 Nov 2019 · updated on 19 Feb 2020
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