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MNB1601 Assignment 5 Semester 1 2024
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MNB 1601ASSIGNMENT 5 SEMESTER 1 2024
Use this document as a guide to learn, compare and reference
,EXPECTVIEW TUTORS
,2/18/24, 6:48 PM Assessment 5: Attempt review
Started on Sunday, 18 February 2024, 6:30 PM
State Finished
Completed on Sunday, 18 February 2024, 6:48 PM
Time taken 17 mins 46 secs
Marks 22.00/25.00
Grade 98.00 out of 100.00
Question 1 In modern organisations like Toyota the purchasing function forms an inherent and integrative part of an integrated supply chain. A supply chain consists
Correct of purchasing (inputs or sourcing), the operational process (assembling or transformation) and distribution of half-finished or finished consumer goods.
Supply-chain process integration at Toyota will occur at the level of purchasing and supply planning.
Mark 1.00 out of
1.00
Select one:
Flag question
a. strategic
b. tactical
c. middle-management
d. operations
The correct answer is: strategic
Question 2 is the process of making materials, methods, practices and techniques uniform.
Correct
Mark 1.00 out of Select one:
1.00 a. Standardisation
Flag question b. Specification
c. Grading
d. Certification
The correct answer is: Standardisation
Question 3 Engineer & Design have been contracted to draw up engineer drawings for the new rotor-motor engine that Yanmar Electronics will be selling to
Correct Seascape Boats. The engine will be used exclusively in Seascape Boats’ new line of luxury catamarans. The engineer drawings is a form of quality
.
Mark 1.00 out of
1.00
Select one:
Flag question
a. description
b. standards
c. control
d. certification
The correct answer is: description
Question 4 cost includes the cost of storage, salaries of warehouse staff and wear and tear.
Correct
Mark 1.00 out of Select one:
1.00 a. Total inventory
Flag question b. Inventory-ordering
c. Inventory-carrying
d. Warehousing
The correct answer is: Inventory-carrying
Question 5 Purchasing and supply involves the creation of a structure of responsibility and authority for the purchasing and supply function.
Correct
Mark 1.00 out of Select one:
1.00 a. organising
EXPECTVIEW TUTORS 1/6
, 2/18/24, 6:48 PM Assessment 5: Attempt review
Flag question b. planning
c. leading
d. control
The correct answer is: organising
Question 6 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
Correct overseas. Inventories should be kept to provide for risks involved in purchasing from far away suppliers. Which one of the following is a disadvantage of
too much inventory?
Mark 1.00 out of
1.00
Select one:
Flag question
a. More urgent orders.
b. Losses in terms of depreciation.
c. Cost of production interruptions.
d. Lost sales.
The correct answer is: Losses in terms of depreciation.
Question 7 Carol is the purchasing manager for J’Divine, a popular wedding photography business. She is responsible for assessing the purchasing and supply
Correct activities performed by J’Divine’s purchasing and supply function. Carol is busy comparing the actual prices they have paid for their high quality photo
paper from which their books are made with market prices in the industry. This is known as .
Mark 1.00 out of
1.00
Select one:
Flag question
a. cost-saving
b. price proficiency
c. supplier performance
d. purchasing cost
The correct answer is: price proficiency
Question 8 A is compiled during the second step of the purchasing cycle, namely choice of suppliers.
Correct
Mark 1.00 out of Select one:
1.00 a. requisition
Flag question b. register of suppliers
c. price list
d. order form
The correct answer is: register of suppliers
Question 9 Following several worldwide recalls, it has become evident that Toyota has rushed into relationships with suppliers whom have not been adequately
Correct vetted. Supplier alliances and supplier development are thus crucial elements that need to be addressed. At which level of purchasing and supply planning
will supplier alliance and supplier development occur?
Mark 1.00 out of
1.00
Select one:
Flag question
a. Strategic level
b. Tactical level
c. Middle-management level
d. Operations level
The correct answer is: Strategic level
EXPECTVIEW TUTORS 2/6
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