ISDS final CHAPTER 11 with correct answers 100% 2024/2025
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Certified Risk Management Professional
ISDS final CHAPTER 11 with correct answers 100% 2024/2025
A carpet manufacturer has delivered carpet directly to the end consumer rather than to the carpet dealer. The carpet manufacturer is practicing
a. postponement
b. cross-docking
c. channel assembly
d. drop shipping
e. float reduction - ...
ISDS final CHAPTER 11 with correct
answers 100% 2024/2025
A carpet manufacturer has delivered carpet directly to the end consumer rather than to the carpet
dealer. The carpet manufacturer is practicing
a. postponement
b. cross-docking
c. channel assembly
d. drop shipping
e. float reduction - Correct Answer d. drop shipping
A disadvantage of the "few suppliers" strategy is
a. the risk of not being ready for technological change
b. the lack of cost savings for customers and suppliers
c. possible violations of the Sherman Antitrust Act
d. the high cost of changing partners
e. All of the above are disadvantages of the "few suppliers" strategy. - Correct Answer d. the high cost
of changing partners
A fast-food retailer that acquired a spice manufacturer would be practicing backward integration. -
Correct Answer True (Supply chain strategies, moderate)
A fried chicken fast-food chain that acquired feed mills and poultry farms has performed
a. horizontal integration
b. forward integration
c. backward integration
d. current transformation
e. job expansion - Correct Answer c. backward integration
A furniture maker has delivered a dining set directly to the end consumer rather than to the furniture
store. The furniture maker is practicing
,a. postponement
b. drop shipping
c. channel assembly
d. passing the buck
e. float reduction - Correct Answer b. drop shipping
A reduction in inventory costs is one reason for making rather than buying. - Correct Answer False
(Supply chain economics, moderate)
A rice mill in south Louisiana purchases the trucking firm that transports packaged rice to distributors.
This is an example of
a. horizontal integration
b. forward integration
c. backward integration
d. current transformation
e. keiretsu - Correct Answer b. forward integration
All of the following are "opportunities" for supply chain management except
a. postponement
b. drop shipment
c. blanket orders
d. channel assembly
e. line balancing - Correct Answer e. line balancing
Bar code and radio frequency technology, like that used to track UPS or FedEx packages on their global
journeys, can also be used to track objects within the boundaries of a warehouse or shop. - Correct
Answer True (Inventory tracking, easy)
Because service firms do not acquire goods and services externally, their supply chain management
issues are insignificant. - Correct Answer False (Supply chain economics, easy)
, Because the supply chain has become so electronic and automated, opportunities for unethical behavior
have been greatly reduced. - Correct Answer False (Ethics in the supply chain, easy)
Benchmark firms have driven down costs of supply chain performance. - Correct Answer True
(Measuring supply chain performance, moderate)
Blanket orders are a long-term purchase commitment to a supplier for items that are to be delivered
against short-term releases to ship. - Correct Answer True (Managing the supply chain, moderate)
By which distribution system is 90 percent of the nation's coal shipped?
a. railroads
b. trucks
c. waterways
d. pipelines
e. none of the above - Correct Answer a. railroads
Channel assembly, which sends components and modules to be assembled by a distributor, treats these
distributors as manufacturing partners. - Correct Answer True (Managing the supply chain, moderate)
Consider a firm with a 2007 net income of $20 million, revenue of $60 million and cost of goods sold of
$25 million. If the balance sheet amounts show $2 million of inventory and $500,000 of property, plant
& equipment, how many weeks of supply does the firm hold?
a. 12.50
b. 5.20
c. 2.60
d. 0.08
e. 4.16 - Correct Answer e. 4.16
Consider a firm with a 2007 net income of $20 million, revenue of $60 million and cost of goods sold of
$25 million. If the balance sheet amounts show $2 million of inventory and $500,000 of property, plant
& equipment, what is the inventory turnover?
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