Question details

Paper mill, who supplies cardboard to a container manufacturer,
$ 15.00


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Question 1

Consider a packaged milk products supply chain. A lumber company provides wood to a

paper mill, who supplies cardboard to a container manufacturer, who supplies containers

to the milk products manufacturer. The lumber company is:

Answer

a tier one supplier.

a tier two supplier.

a tier three supplier.

a tier four supplier.

not in the supply

chain.

2.5 points

Question 2

Which term refers to inaccurate or distorted demand information created in the supply

chain?

Answer

Battle axe effect

Cobra effect

Bullwhip effect

Lasso effect

Whirlpool

effect

2.5 points

Question 3

Which of the following is not one of the four major causes of the bullwhip effect?

Answer

Demand forecast updating

Order batching

Price fluctuations

The business cycle

Rationing and shortage

gaming

2.5 points

Question 4

When do rationing and shortage gaming occur?

Answer

Supply exceeds demand.

Demand exceeds supply.

Government contracts are awarded.

Transportation workers go on strike.

 

 

 

Marginal revenue exceeds marginal

cost.

2.5 points

Question 5

Online retailing, or B2C, has shifted:

Answer

the cost of doing business.

the power from the suppliers to the

consumers.

the way the internet works.

internal corporate power to the IT department.

corporate funding levels to the IT department.

2.5 points

Question 6

What refers to owning or controlling sources of raw materials and components?

Answer

Backward integration

Horizontal integration

Encapsulating

integration

Forward integration

Subsuming integration

2.5 points

Question 7

According to several studies, what are the three most important criteria for selecting

suppliers?

Answer

Price, quality, fast delivery

Quality, fast delivery, on-time

delivery

Price, flexibility, on-time delivery

Quality, flexibility, fast delivery

Price, quality, on-time delivery

2.5 points

Question 8

Early supplier involvement refers to the involvement of critical suppliers for what?

Answer

Strategic planning

Assembly line design

Speedy delivery planning

 


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