How does a just in time (JIT) system influence all functional areas
within a company?
-Companies develop new ways to generate revenue
-Companies enhance workers ability to perform
-Companies workers demonstrate intrinsic value
-Companies are able to reduce waste
-Companies can participate when it is convenient
- Correct Answer - companies are able to reduce waste
companies enhance workers ability to perform
What are two ways management can assist employees focus in a
just in time (JIT) processing environment?
-Separate the cultures in the organization so there will be no
conflicts
-Develop an incentive system to reward workers for their efforts
-Require workers to use free time to do quality control charting
-Ensure that workers receive multifunctional training
,- Correct Answer - ensure that workers receive multifunctional
training
develop an incentive system to reward workers for their efforts
Which tier-level supplier directly supplies materials or services to
a processing and packaging plant?
-Tier one suppliers
-Tier two suppliers
-Tier three suppliers
-Tier four suppliers
-Tier five suppliers
- Correct Answer - tier one suppliers
Which role do third party logistics providers play in the supply
chain?
-Tier three distributors
-Tier two distributors
-External distributors
-Internal distributors
- Correct Answer - external distributors
A company manufactures and distributes its own products.
,When should the company consider outsourcing distribution?
-When new federal regulations give the company a competitive
advantage
-When the company distribution costs are the lowest in the
industry
-When the company determines that distribution is no longer a
core function
-When the company can no longer accurately forecast its
transportation costs
- Correct Answer - when the company determines that
distribution is no longer a core function
What is the measure of how much supply chain is owned or
operated by the manufacturer?
-Horizontal integration
-Outsource Integration
-Insource integration
-Vertical integration
- Correct Answer - vertical integration
, Which two areas should managers consider in order to adapt to
the business dynamics affecting their company?
(2)
-Their influence over future legislation and regulations
-Their control over internal operations
-Their influence and leverage over suppliers
-Their advertising costs
- Correct Answer - their control over internal operations
their advertising costs
What are two strategic objectives for every member of the supply
chain? (2)
-Increasing cost effectiveness
-Finding the best distribution location
-Reducing production and delivery times
-Increasing end-customer demand
-Becoming more efficient
- Correct Answer - becoming more efficient
reducing production and delivery times
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