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1、精選優(yōu)質(zhì)文檔-----傾情為你奉上專(zhuān)心---專(zhuān)注---專(zhuān)業(yè)Question Number: 1 The basic elements of the supply chain include:A)supply, manufacture,distribution. B) design, manufacture, inventory.C) engineer, design, manufacture. D) supply, engineer,
2、manufacture.The correct answer is: A Even though different companies produce different products, the basic elements are the same: supply, manufacture, and distribution.Question Number: 2 In order to maximize profit, a co
3、mpany must have all of the following objectives except:A) Best customer service B) Most accurate production forecastC) Lowest inventory investment D) Lowest distribution cost The correct answer is: BA company, to maxim
4、ize profits, must have the lowest production cost, best customer service, lowest inventory investment, and lowest distribution costs. While an accurate production forecast will contribute to low production costs, it will
5、 not guarantee the lowest production costs.Question Number: 3BASICS OF SUPPLY CHAIN MGMT (BSCM) :Businesswide Concepts The inventory turns ratio measures:the amount of inventory needed to A) support sales growth.B) obsol
6、ete inventory as a percent of sales.C) how effectively inventory is being used.D) the amount of space needed to store inventory. The correct answer is: CThe inventory turns ratio measures how effectively inventories are
7、being used. It is calculated by dividing annual cost of goods sold by average inventory in dollars.Question Number: 4Process specifications can be best defined as a document which: A) shows how the product will appear. B
8、) shows the steps needed to produce the end item.C) details the capacity available at a work center. D) flow charts various processes.The correct answer is: B Process specifications describe the steps needed to make an e
9、nd product. They are usually printed on a routingsheet or kept in the database for online access. Question Number: 5BASICS OF SUPPLY CHAIN MGMT (BSCM) :Businesswide Concepts A company's strategic plan: A) provides t
10、he manufacturing plan for families of end items.B) outlines the sales plan for the next year. C) is a statement of goals and objectives for a long range period.D) outlines new products for the next year. The correct answ
11、er is: C While strategic plans do provide for manufacturing, sales, and new product plans, they really provide the overall direction for the company. The result is a statement of goals and objectives for 2-5 years, and
12、sometimes 10 years.Question Number: 6 In which of the following manufacturing environments would consumer products, such as film, food, etc. be精選優(yōu)質(zhì)文檔-----傾情為你奉上專(zhuān)心---專(zhuān)注---專(zhuān)業(yè)IV. Damaged inventory A) I, II, and III B)
13、II, III, and IV C) I, III, and IV D) I, II, III, and IVThe correct answer is: D All of the above costs would be included in the cost of inventory. Any costs incurred as the result of having inventory should be included
14、.Question Number: 12 Which of the following best describes a normal distribution?A) Most values clustered near a central point B) Warehouses centrally located to marketsC) Values accumulated at six sigma D) A critical
15、 ratio of 1.0 The correct answer is: ANormal distribution refers to the statistical distribution of values where the majority of values will accumulatearound the mean. The resulting graph is shaped like a bell. It is oft
16、en known as a “bell curve“. Question Number: 13Based on the following information, what would the safety stock need to be to ensure product is in stock 99.9999% of the time? MAD = 100,On hand = 200.Weekly demand = 400 A
17、) 100 B) 300 C) 500 D) 600The correct answer is: CTo ensure coverage of product 99.9999% of the time, it would require 5 MAD for safety stock. Therefore: 5 * 100 = 500.Question Number: 14Each distribution center places
18、orders from central supply as they are needed. This is called:A) pull system. B) push system.C) Just-in-Time delivery. D) supply chain management. The correct answer is: AWhen each distribution center orders from centra
19、l supply or the factory independently of what other distributioncenters are doing, it is called a pull system. The advantage is that coordination and communication is lessexpensive. The disadvantage is that the lack of c
20、oordination causes problems with customer service and inventories. Question Number: 15A company makes all decisions regarding forecasting and orders centrally for its distribution network. Thiscompany is using which of t
21、he following systems? A) Pull system B) Push systemC) Just-in-Time D) Time phased order point The correct answer is: BThe push system “pushes“ inventory to distribution centers by making stocking decisions centrall
22、y. The advantage is that inventory is sent where it is needed most. The disadvantage is that the coordination is more expensive than the pull system.Question Number: 16 A company wants to store 15,000 cartons with 20 c
23、artons on each pallet. The warehouse is set up to store pallets 5 high. How many pallet positions are needed?A) 150 B) 500 C) 750 D) 3000The correct answer is: AThe number of pallet positions can be calculated by
24、 dividing the number of cartons of storage needed by the number of cartons per pallet which equals the total number of pallets needed.Divide the total number of pallets needed by the number of pallets stacked height whic
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