ISOM 351 Final Ch 10 & 12 Exam
Questions with Answers 100% PASS
One of the benefits of a cooperative orientation in supplier relationships is -
CORRECT ANSWER-the buyer sometimes suggests ways to improve the
supplier's operations
The practice whereby a manufacturer has inventories of materials on consignment
from its suppliers falls under the scope of - CORRECT ANSWER-vendor-
managed inventories
Which one of the following statements correctly represents a benefit of centralized
buying? - CORRECT ANSWER-Increased buying power can result in significant
savings in purchasing costs
One source of disruption caused by the internal supply chain is - CORRECT
ANSWER-forecast error
The process of identifying, assessing, and managing the flow of environmental
waste and finding ways to reduce it and minimize its impact on the environment is
called - CORRECT ANSWER-green purchasing
, Which of the following is NOT a component of the supply chain? - CORRECT
ANSWER-competitors
What services are typically offered by a 3PL? - CORRECT ANSWER-
transportation
Which of the following changes would increase the likelihood of a supply chain
experiencing the bullwhip effect? - CORRECT ANSWER-engineering changes to
the design of a product
The practice of selecting suppliers and giving them significant responsibility for the
design of certain components or systems of the product is called - CORRECT
ANSWER-presourcing
Who is supplying materials directly to manufacturers in the supply chain system? -
CORRECT ANSWER-Supplier tier 1
What is the meaning of the acronym 3PL? - CORRECT ANSWER-third party
logistics provider
Which of the following is NOT a stage in the New Service / Product
Development Process? - CORRECT ANSWER-maintenance
Which of the following flows from downstream to upstream supply chain? -
CORRECT ANSWER-cash
COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED
Questions with Answers 100% PASS
One of the benefits of a cooperative orientation in supplier relationships is -
CORRECT ANSWER-the buyer sometimes suggests ways to improve the
supplier's operations
The practice whereby a manufacturer has inventories of materials on consignment
from its suppliers falls under the scope of - CORRECT ANSWER-vendor-
managed inventories
Which one of the following statements correctly represents a benefit of centralized
buying? - CORRECT ANSWER-Increased buying power can result in significant
savings in purchasing costs
One source of disruption caused by the internal supply chain is - CORRECT
ANSWER-forecast error
The process of identifying, assessing, and managing the flow of environmental
waste and finding ways to reduce it and minimize its impact on the environment is
called - CORRECT ANSWER-green purchasing
, Which of the following is NOT a component of the supply chain? - CORRECT
ANSWER-competitors
What services are typically offered by a 3PL? - CORRECT ANSWER-
transportation
Which of the following changes would increase the likelihood of a supply chain
experiencing the bullwhip effect? - CORRECT ANSWER-engineering changes to
the design of a product
The practice of selecting suppliers and giving them significant responsibility for the
design of certain components or systems of the product is called - CORRECT
ANSWER-presourcing
Who is supplying materials directly to manufacturers in the supply chain system? -
CORRECT ANSWER-Supplier tier 1
What is the meaning of the acronym 3PL? - CORRECT ANSWER-third party
logistics provider
Which of the following is NOT a stage in the New Service / Product
Development Process? - CORRECT ANSWER-maintenance
Which of the following flows from downstream to upstream supply chain? -
CORRECT ANSWER-cash
COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED
