Exam (elaborations)
MNB1601 Assessment 5
- Course
- MNB1601 (MNB1601)
- Institution
- University Of South Africa (Unisa)
MNB1601 Assessment 5 Answers
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Assessment 5: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=146UNISA 2024 MNB1601-24-S1 Welcome to MNB1601! Assessment 5
QUIZ
Started on Monday, 5 February 2024, 2:51 PM
State Finished
Completed on Monday, 5 February 2024, 4:20 PM
Time taken 1 hour 28 mins
Marks 23.00/25.00
Grade 92.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
The execution of a cost leadership strategy the past few years has lured Toyota
to rush into relationships with suppliers it has not adequately vetted. Supplier
selection is an ongoing process and should be used with discretion to avoid
recalls. Once a supplier has been selected it is important to continuously
evaluate their performance. The objective evaluation of supplier performance is
important as it ____________ .
Select one:
a. identi�es effective suppliers
b. leads to an improvement in supplier performance
c. serves as guideline for performance management
d. identi�es inventory control problems
The correct answer is: leads to an improvement in supplier performance
1 of 13 2024/02/05, 18
,Assessment 5: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=146
Question 2
Correct
Mark 1.00 out of 1.00
The JIT system at Toyota SA is complicated by the fact that their suppliers are
dispersed through South Africa and some of the suppliers are even overseas. If
Toyota moves away from the JIT system and decides to incorporate a new
computer-assisted system which is used to maintain minimum inventory levels,
they would make use of the ______________ system.
Select one:
a. cyclical-ordering
b. materials-requirements planning
c. �xed-order quantities
d. quick-response
The correct answer is: materials-requirements planning
Question 3
Correct
Mark 1.00 out of 1.00
Mavis is the marketing manager for Mars Plastics. She is serving on a cross-
functional purchasing team for the company’s toy division. The team includes
members from the �nance department, the purchasing and supply department
and Mars Plastic’s main toy supplier, Kidz R Us. Mankhubu, the purchasing and
supply manager, also serves on Mavis’s cross-functional team and is responsible
for the assessment of the purchasing and supply activities of the team. Which
control point should Mankhubu use when looking at the effectiveness of
inventory-holding?
Select one:
a. Determining which part of every rand turnover constitutes purchasing
costs
b. Noting the number of orders indicated as urgent
c. Comparing costs with those of previous periods
d. Calculating inventory turnover
The correct answer is: Calculating inventory turnover
2 of 13 2024/02/05, 18
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