OPSM Test 2 Questions And Answers
/. All the following are approaches used in risk pooling within a supply chain except
a. reducing the number and variety of parts.
b. encouraging large orders.
c. combining inventories from multiple locations into one
location.
d. None of these answer choices is correct. - Answer-encouraging large orders
/.The bullwhip effect can
a. increase inventories.
b .increase demand.
c. increase customer service levels.
d. increase capacity. - Answer-increase inventories
/.One way to reduce the bullwhip effect is for supply chain members to
a. make ordering decisions
independently of each other.
b. create demand forecasts
independently of other supply
chain members.
c. share demand forecasts with other
supply chain members.
d. restrict information flows between
supply chain members. - Answer-share demand forecasts with other supply chain
members
/.The selection of suppliers is called
a. sourcing.
b. outsourcing.
c. procurement.
d. None of these answer choices is
correct. - Answer-sourcing
/.Supply chain processes include
a. procurement.
b. production.
c. distribution.
d. All of these answer choices are
correct. - Answer-All of these answer choices are correct
, /.The purchasing of goods and services from suppliers is called
a. sourcing.
b. outsourcing.
c. procurement.
d. None of these answer choices is
correct. - Answer-Procurement
/.Supplying orders in a short period of time according to a predetermined schedule is
called
a. periodic delivery.
b. continuous delivery.
c. on-demand delivery.
d. All of these answer choices are
correct. - Answer-Continuous delivery
/.Companies often outsource to
a. focus on core competencies.
b. achieve greater flexibility.
c. reduce costs.
d. All of these answer choices are
correct. - Answer-All of these answer choices are correct
/._________ are websites where companies and suppliers conduct business-to-
business
activities.
a. E-procurements
b. E-marketplaces
c. Reverse auctions
d. None of these answer choices is
correct. - Answer-E-marketplaces
/.3. _________________ is the process of ensuring on-time delivery of customers'
orders.
a. Logistics
b. Order fulfillment
c. Customer service
d. Maintaining inventories - Answer-order fulfillment
/.With vendor-managed inventory,
/. All the following are approaches used in risk pooling within a supply chain except
a. reducing the number and variety of parts.
b. encouraging large orders.
c. combining inventories from multiple locations into one
location.
d. None of these answer choices is correct. - Answer-encouraging large orders
/.The bullwhip effect can
a. increase inventories.
b .increase demand.
c. increase customer service levels.
d. increase capacity. - Answer-increase inventories
/.One way to reduce the bullwhip effect is for supply chain members to
a. make ordering decisions
independently of each other.
b. create demand forecasts
independently of other supply
chain members.
c. share demand forecasts with other
supply chain members.
d. restrict information flows between
supply chain members. - Answer-share demand forecasts with other supply chain
members
/.The selection of suppliers is called
a. sourcing.
b. outsourcing.
c. procurement.
d. None of these answer choices is
correct. - Answer-sourcing
/.Supply chain processes include
a. procurement.
b. production.
c. distribution.
d. All of these answer choices are
correct. - Answer-All of these answer choices are correct
, /.The purchasing of goods and services from suppliers is called
a. sourcing.
b. outsourcing.
c. procurement.
d. None of these answer choices is
correct. - Answer-Procurement
/.Supplying orders in a short period of time according to a predetermined schedule is
called
a. periodic delivery.
b. continuous delivery.
c. on-demand delivery.
d. All of these answer choices are
correct. - Answer-Continuous delivery
/.Companies often outsource to
a. focus on core competencies.
b. achieve greater flexibility.
c. reduce costs.
d. All of these answer choices are
correct. - Answer-All of these answer choices are correct
/._________ are websites where companies and suppliers conduct business-to-
business
activities.
a. E-procurements
b. E-marketplaces
c. Reverse auctions
d. None of these answer choices is
correct. - Answer-E-marketplaces
/.3. _________________ is the process of ensuring on-time delivery of customers'
orders.
a. Logistics
b. Order fulfillment
c. Customer service
d. Maintaining inventories - Answer-order fulfillment
/.With vendor-managed inventory,
