Question 1

Which of the following is not a factor that has increased the need for business organizations to actively manage their supply chains?

Accepted Answer

A)  Increasing reliance on e-commerce for purchasing and logistics services
B)  Increasing globalization
C)  Increased competition driving efforts to lower costs
D)  The complexity of management information systems
E)  The need to manage orders and inventories throughout supply chainsF) A) and B)
G) A) and E)

Question 2

An item with a holding cost of $400 per year can be shipped by air in 1 day,costing $250,or by ground in 5 days,costing $150.Assuming the holding costs of $400 per year are based on an operational year of 365 days,which is cheaper and by how much?

Accepted Answer

A)  Ground is cheaper by $60.00
B)  Ground is cheaper by $70.89
C)  Ground is cheaper by $95.62
D)  Ground and air have the same total cost
E)  Air is cheaper by $100.F) A) and B)
G) A) and E)

Question 3

The primary use of radio frequency identification (RFID)in supply chain management is to track the location of delivery trucks.

Accepted Answer

A) True 
 B)False

Exam 17: Supply Chain Management

Which of the following is not a factor that has increased the need for business organizations to actively manage their supply chains?

Correct Answer
verified

The primary use of radio frequency identification (RFID)in supply chain management is to track the location of delivery trucks.

Correct Answer
verified

An item with a holding cost of $400 per year can be shipped by air in 1 day,costing $250,or by ground in 5 days,costing $150.Assuming the holding costs of $400 per year are based on an operational year of 365 days,which is cheaper and by how much?

Correct Answer
verified

Exam 17: Supply Chain Management

Which of the following is not a factor that has increased the need for business organizations to actively manage their supply chains?

Correct AnswerverifiedShow Answer

The primary use of radio frequency identification (RFID)in supply chain management is to track the location of delivery trucks.

Correct AnswerverifiedShow Answer

An item with a holding cost of $400 per year can be shipped by air in 1 day,costing $250,or by ground in 5 days,costing $150.Assuming the holding costs of $400 per year are based on an operational year of 365 days,which is cheaper and by how much?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified