General business data bank

| March 13, 2016

1.

Question :

(TCO 8) The type of layout which features departments or other functional groupings in which similar activities are performed is:

Student Answer:

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process-efficient

product-oriented

fixed-position

process -oriented

unit production

Instructor Explanation:

Chapter 9, Page 351

Points Received:

0 of 2

Comments:

2.

Question :

(TCO 8) A process-oriented layout is best suited for:

Student Answer:

the assembly of products like automobiles and appliances

low-volume, high-variety production

the mass production of uniform products

low-volume, low-variety production

construction of a ship

Instructor Explanation:

Chapter 9, Page 352

Points Received:

2 of 2

Comments:

3.

Question :

(TCO 8) Which of the following is not an advantage of drop shipping?

Student Answer:

time savings

early customization of the product

cost reduction in packaging and handling

reduction in shipping costs

reduced shrinkage

Instructor Explanation:

Chapter 11, Page 431

Points Received:

0 of 2

Comments:

4.

Question :

(TCO 8) The layout strategy that deals with high volume of similar products or families is:

Student Answer:

fixed-position layout

repetitive layout

warehouse layout

office layout

process-orientated layout

Instructor Explanation:

Chapter 9, Page 360

Points Received:

0 of 2

Comments:

5.

Question :

(TCO 11) Which of the following is not a concern of the supply chain?

Student Answer:

number of internal managers

credit and cash transfers

vendor reliability

distributors and banks

having fewer suppliers

Instructor Explanation:

Chapter 11, Page 421

Points Received:

0 of 2

Comments:

6.

Question :

(TCO 11) The purchasing approach that places the burden of meeting the buyer’s demands on the supplier is:

Student Answer:

many suppliers

few suppliers

keiretsu

vertical integration

virtual companies

Instructor Explanation:

Chapter 11, Page 425

Points Received:

0 of 2

Comments:

7.

Question :

(TCO 11) The cost-based price model is a type of negotiating strategy that requires the supplier to:

Student Answer:

open its books to the purchasers

combine procurement strategies

promote competitive bidding

control costs

none of the above

Instructor Explanation:

Chapter 12, Page 434

Points Received:

0 of 2

Comments:

8.

Question :

(TCO 11) Building a chain of suppliers that focuses on maximizing value to the ultimate customer is:

Student Answer:

the primary objective of supply chain strategy

to select suppliers primarily on response or differentiation

the goal of production lead time

to increase the number of suppliers

Instructor Explanation:

Chapter 11, Page 425

Points Received:

0 of 2

Comments:

9.

Question :

(TCO 11) All of the following are “opportunities” in an integrated supply chain except:

Student Answer:

modification or customization of products

drop shipment

standardization

lot size reduction

accurate pull data

Instructor Explanation:

Chapter 11, Pages 429-430

Points Received:

0 of 2

Comments:

10.

Question :

(TCO 11) In the make-or-buy decision, which of the following is a reason for making an item?

Student Answer:

management can focus on its primary business

to assure an adequate supply in terms of quantity

inadequate capacity

reduce inventory costs

Instructor Explanation:

Chapter 11, Page 424

Points Received:

0 of 2

Comments:

Page:

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Continue part 2

1.

Question :

(TCO 8) For each of the following products or operations, indicate the most appropriate type of layout.

Student Answer:

: Hospital emergency facilities

» 4 :Process Oriented

: Assembly line

» 3 :Repetitive Oriented

: Construction of a Subway Tunnel

» 5 :Fixed Position

: Insurance claims processing

» 2 :Office

: Raw material storage

» 1 :Warehouse

Instructor Explanation:

Table 9.1, Chapter 9, Page 345

Points Received:

6 of 10

Comments:

2.

Question :

(TCO 8) Describe at least five of the advantages of work cells.

Student Answer:

Instructor Explanation:

Points Received:

5 of 5

Comments:

3.

Question :

(TCO 11) What are the objectives of Supply Chain management? Identify three ways that this is accomplished.

Student Answer:

Instructor Explanation:

Points Received:

5 of 5

Comments:

4.

Question :

(TCO 11) What does the term off shoring mean?

Student Answer:

Instructor Explanation:

Points Received:

5 of 5

Comments:

5.

Question :

(TCO 11) Explain why the element of trust is critical to the effectiveness of building partnerships in the supply chain.

Student Answer:

Instructor Explanation:

Points Received:

5 of 5

Comments:

6.

Question :

(TCO 11) What are “job-lots”?

Student Answer:

Instructor Explanation:

Points Received:

5 of 5

Comments:

7.

Question :

(TCO 11) What are the three basic approaches to supplier negotiation?

Student Answer:

Instructor Explanation:

Points Received:

5 of 5

Comments:

Page:

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* Times are displayed in (GMT-07:00) Mountain Time (US & Canada)

Q

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