Devry GSCM 206 Week 5 Quiz latest

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Devry GSCM 206 Week 5 Quiz latest

devry gscm206 week 5 quiz latest

1. 1.Question : (TCO 3) In the make-or-buy decision, one of the reasons for making is

to control production closely.

to retain technical or management ability.

adequate capacity.

to ensure an adequate supply in terms of quantity.

All of the above

Question 2. Question : (TCO 2) Which of the following best describes vertical integration?

To purchase supplier or a distributor

To develop the ability to produce products which complement the original product

To produce goods or services previously purchased

Both to purchase supplier or a distributor and to produce goods or services previously purchased

Question 3. Question : (TCO 3) Which of the following is a component of negotiation strategies?

Invoice-less bidding

Cost-based price model

Market-based price model

Competitive bidding

Cost-based price model, market-based price model, and competitive bidding

Question 4. Question : (TCO 2) Which of the following is not an advantage of a virtual company?

Speed

Total control over limited aspects of the organization

Specialized management expertise

Increased capital investment

Flexibility

Question 5. Question : (TCO 2) Long-term partnering with a few suppliers is a supply-chain strategy that creates value by allowing suppliers to

become part of a company coalition.

enjoy the economies of scale.

become vertically integrated.

negotiate with many suppliers.

Question 6. Question : (TCO 3) In the make-or-buy decision, which of the following is a reason for making an item?

Management focus on its primary business

To ensure an adequate supply in terms of quantity

Inadequate capacity

Reduce inventory costs

Question 7. Question : (TCO 3) Which of the following statements is most accurate?

Nearly all outsourcing relationships do not last beyond 2 years.

Nearly all U.S. firms that outsourced processes to India have backsourced them.

Approximately half of all outsourcing agreements fail.

Outsourcing is a relatively risk-free activity.

More than 90% of outsourcing agreements succeed.

Question 8. Question : (TCO 3) A manufacturing plant is considering outsourcing its production of tires. There are five risk areas in which the decision will be based. The current plant had scores of 1, 2, 4, 8, 2, and the outsourced plant had scores of 3, 2, 4, 2, 5.What is the current plant’s score if high scores indicate low risk and an unweighted factor method is applied?

14

15

16

17

None of the above

Question 9. Question : (TCO 2) Which of the following is not a concern of the supply chain?

Warehousing and inventory levels

Credit and cash transfers

Suppliers

Distributors and banks

Maintenance scheduling

Question 10. Question : (TCO 2) Keeping a product generic as long as possible before customizing is known as

postponement.

keiretsu.

vendor-managed inventory.

forward integration.

backward integration.

 

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Devry GSCM 206 Week 5 Quiz latest