1. Allowing for organizational restructuring is an example of which of the following steps in creating successful strategic alliances among suppliers?
A) Managing multifaceted relationships
B) Negotiating a win-win deal
C) Planning for change
D) Conducting pulse checks
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.
3. What is the primary benefit of using a central storage warehouse for all components rather than using point-of-use storage?
A) Reduced need for bar codes and radio frequency identification technology
B) Reduced material handling costs
C) Ease of control and count accuracy
D) Maintain a cleaner shop floor
4. The customer who provides point-of-sale data remains the sole decision-maker regarding order quantities when what type of inventory strategy is used?
A) Continuous replenishment
B) Advanced continuous replenishment
C) Vendor-managed replenishment
D) Quick response
5. Which of the following statements about the use of bar code labels for product identification in the supply chain is true?
A) They have been replaced by radio frequency identification tags.
B) They can be read by devices 1 to 3 meters from the item.
C) They facilitate the capture of information about the location of items.
D) Each of the trading partners must apply a unique label.
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