MQM 227 – Operations Management | 100 Exam Questions on Supply Chain Strategy, MRP, Inventory Models, Scheduling & TOC | Illinois State University

MQM 227 Test 3 Questions and Answers
100% Correct


Efficient - 🧠 ANSWER ✔✔In Hau Lee's uncertainty framework to classify

supply chains, a supply chain for functional products with a stable supply

process is called which of the following?


Agile - 🧠 ANSWER ✔✔In Hau Lee's uncertainty framework to classify

supply chains, a supply chain for innovative products with an evolving

supply process is called which of the following?


Responsive - 🧠 ANSWER ✔✔In Hau Lee's uncertainty framework to

classify supply chains, a supply chain for innovative products with a stable

supply process is called which of the following?

, Bullwhip Effect - 🧠 ANSWER ✔✔The effect of the lack of synchronization

among supply chain members is referred to as which of the following

Improve effectiveness by focusing on what the firm does best. - 🧠 ANSWER

✔✔Which of the following is an organizationally driven reason for

outsourcing?


Shorten cycle time - 🧠 ANSWER ✔✔Which of the following is an

improvement-driven reason for outsourcing?


Innovative products - 🧠 ANSWER ✔✔Which of the following of Fisher's

product categories includes fashionable clothing, personal computers, and

other products that typically have a very brief life cycle?


Taxes - 🧠 ANSWER ✔✔Ownership costs are incurred after the initial

purchase and are associated with the ongoing use of the product or

material. Which of the following is not an ownership cost listed in the text?


Supply chain costs - 🧠 ANSWER ✔✔Ownership costs include which of the

following costs?


Work in process - 🧠 ANSWER ✔✔Which of the following is one of the

categories of manufacturing inventory?