Embrry LMGT536 Module 9 9.3 Final Exam/Embrry LMGT536 Module 9 9.3 Final Exam

Embrry LMGT536 Module 9 9.3 Final Exam




Question

Question 1

Which of the following is not one of the wrong reasons for investing in inventory?

Poor quality and material yield.

Extended order-cycle time from global sourcing.

Hedge against marketplace uncertainty.

Specifying custom items for standard applications.

Inefficient manufacturing processes.

Question 2

____ means that customer orders start the work process, which ripples down through the

supply chain.

Flow

Striving for excellence

Pull

MRP

None of these choices.

Question 3

____ indicates that the purchaser is responsible for payment of transportation costs and

assumes title of the goods at the supplier's shipping dock.

F.O.B. origin

C.I.F.

F.O.B. carrier