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Q226. - (Topic 3)
The use of kanban for item replenishment by external suppliers requires:
A. accurate long-term forecasts.
B. returnable plastic containers.
C. close communication about component usage.
D. a process for the reverse supply chain.
Answer: C
Q227. - (Topic 3)
A large bicycle company has outsourced manufacturing and needs to respond immediately to any logistics problems in the supply chain. The best technological solution to meet this need is:
A. enterprise resources planning.
B. supply chain event management.
C. supplier relationship management.
D. a transportation management system.
Answer: B
Q228. - (Topic 3)
A company is considering relocating production to a lower-wage country. Volatility in which of the following areas most likely would impact profitability without modifying product landed costs?
A. Labor costs
B. Currency exchange rates
C. Commodity prices
D. Product quality
Answer: B
Explanation:
NEW QUESTIONS
Q229. - (Topic 1)
Which of the following organizational design choices is an example of vertical integration?
A. Contracting with a third-party logistics provider
B. Producing components used internally
C. Externally staffing a customer service center
D. Awarding a one-time trade show contract
Answer: B
Q230. - (Topic 3)
Which of the following export documents is used as the basis for the valuation of goods for insurance purposes and for assessment of duties?
A. Export license
B. Export declaration
C. Bill of lading
D. Commercial invoice
Answer: D
Q231. - (Topic 2)
A company that has consistently achieved a high level of on-time delivery performance has decided to reduce its inventory level significantly. Which of the following outcomes is the most likely effect of that decision on the company's on time delivery performance?
A. There will be no effect.
B. It will decline and then stabilize at a lower level.
C. It will improve and then stabilize at a higher level.
D. It will decline until sales erode.
Answer: B