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NEW QUESTION 40
What typically happens to safety stock, if a higher service level is desired?
- A. safety stock remains constant
- B. there is no relationship between safety stock and service level
- C. safety stock increases
- D. safety stock decreases
Answer: C
NEW QUESTION 41
A company originally based in Germany sets up companies in India, China, Vietnam, Mexico, and Brazil. It sources most of the raw materials locally and employs the local workforce to manage and produce finished goods. Most of the goods produced are consumed in the same country. The company can be classified as what type of enterprise?
- A. Multinational
- B. Globally integrated
- C. Virtual
- D. Domestic
Answer: A
NEW QUESTION 42
A benefit of using radio frequency identification (RFID) instead of bar coding would be:
- A. the ability to locate an individual item in a warehouse
- B. the ability to read multiple items
- C. lower cost
- D. decreased cycle count requirements
Answer: B
NEW QUESTION 43
A manufacturer is the leader of a group of trading partners that are collaborating to improve customer service levels and profitability. Which of the following methodologies would be most appropriate for synchronizing supply and demand across the supply chain?
- A. Distribution requirements planning
- B. Supply chain event management
- C. Sales and operations planning
- D. Supply Chain Operations Reference-model
Answer: C
NEW QUESTION 44
A firm experiences a supply chain interruption from a second-tier supplier. Which of the following actions is the firm likely to take to minimize future interruptions?
- A. Require the supplier to implement a sales and operations planning process.
- B. Map the supplier's supply chain to identify risks and opportunities.
- C. Require the supplier to submit weekly cycle count reports.
- D. Conduct an ISO 14001 audit of the supplier.
Answer: B
Explanation:
Section: Implementation and Operations
NEW QUESTION 45
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