FBLA Supply Chain Management
Cost minimization is an appropriate strategy at which stage of the product life cycle?
1. introduction
2. growth
3. maturity
4. decline - answer4. decline
Which of the following is NOT a reason that companies are depending more on their
suppliers?
1. more focus on core competencies
2. need for more flexibilities
3. desire to share risks
4. more control over their suppliers - answer4. more control over their suppliers
Which of the following is NOT a factor impacting the supply chain?
1. reduced number of suppliers
2. increased competition
3. longer product life cycles
4. increased opportunities to strategically use technology - answer3. longer product life
cycles
The amount of inventory kept at each stock point in a warehouse network is usually
based on:
1. minimizing transportation costs
2. costant demand
3. tradeoffs between warehousing, inventory, and transportation costs
4. product pricing strategy - answer3. tradeoffs between warehousing, inventory, and
transportation costs
An appropriate strategy to achieve timely, accurate, paperless information flow is:
1. efficient replacement
2. revision of organisation processes supported by information systems
3. integrate their activity is integrated into all supply chain planning
4. efficient store assortments - answer1. efficient replacement
An appropriate strategy to optimise the productivity of retail space and inventory is:
, 1. revision of organisation processes supported by information systems
2. efficient store assortments
3. efficient replacement
4. integrate this activity is integrated into all supply chain planning - answer2. efficient
store assortments
Which of the following is not a typical supply chain member?
1. retailer's creditor
2. producer
3. wholesaler
4. reseller - answer2. producer
Which of the following is not a key function that intermediaries play in completing
transactions?
1. promotion
2. financing
3. information
4. negotiation - answer2. financing
An improvement in factory order rate & factory stock level behavioral pattern shows
dynamic response to:
1. production
2. simulation model
3. logistics
4. APICS membership - answer2. simulation model
Business intellignece helps knowledge workers understand:
1. capabilities of the firm
2. state of the art, trends, and future directions in the markets
3. applicable technological, demographic, economic, political, social, and regulatory
environments
4. all of the above - answer4. all of the above
According to this text, which of the following is not required for business intelligence
systems to have an impact on business?
1. focus on using information to deal with an important issue
2. provide the ability to customize BI information for each knowledge worker
3. build discipline and precision into the decision-making process
4. provide excellent data - answer4. provide excellent data
Cost minimization is an appropriate strategy at which stage of the product life cycle?
1. introduction
2. growth
3. maturity
4. decline - answer4. decline
Which of the following is NOT a reason that companies are depending more on their
suppliers?
1. more focus on core competencies
2. need for more flexibilities
3. desire to share risks
4. more control over their suppliers - answer4. more control over their suppliers
Which of the following is NOT a factor impacting the supply chain?
1. reduced number of suppliers
2. increased competition
3. longer product life cycles
4. increased opportunities to strategically use technology - answer3. longer product life
cycles
The amount of inventory kept at each stock point in a warehouse network is usually
based on:
1. minimizing transportation costs
2. costant demand
3. tradeoffs between warehousing, inventory, and transportation costs
4. product pricing strategy - answer3. tradeoffs between warehousing, inventory, and
transportation costs
An appropriate strategy to achieve timely, accurate, paperless information flow is:
1. efficient replacement
2. revision of organisation processes supported by information systems
3. integrate their activity is integrated into all supply chain planning
4. efficient store assortments - answer1. efficient replacement
An appropriate strategy to optimise the productivity of retail space and inventory is:
, 1. revision of organisation processes supported by information systems
2. efficient store assortments
3. efficient replacement
4. integrate this activity is integrated into all supply chain planning - answer2. efficient
store assortments
Which of the following is not a typical supply chain member?
1. retailer's creditor
2. producer
3. wholesaler
4. reseller - answer2. producer
Which of the following is not a key function that intermediaries play in completing
transactions?
1. promotion
2. financing
3. information
4. negotiation - answer2. financing
An improvement in factory order rate & factory stock level behavioral pattern shows
dynamic response to:
1. production
2. simulation model
3. logistics
4. APICS membership - answer2. simulation model
Business intellignece helps knowledge workers understand:
1. capabilities of the firm
2. state of the art, trends, and future directions in the markets
3. applicable technological, demographic, economic, political, social, and regulatory
environments
4. all of the above - answer4. all of the above
According to this text, which of the following is not required for business intelligence
systems to have an impact on business?
1. focus on using information to deal with an important issue
2. provide the ability to customize BI information for each knowledge worker
3. build discipline and precision into the decision-making process
4. provide excellent data - answer4. provide excellent data
