What provides control and visibility to the status of individual items maintained in inventory? A) Inventory management and control software B) Global inventory management system C) Transportation planning system D) Distribution management software 2 What strategy does Toyota stress in its supply chain facilities strategy? A) Efficiency B) Effectiveness C) Inventory D) None of the above 3 Which of the following would an organization choose if it wanted to pursue an efficiency strategy for its location driver? A) Centralize the location to gain economies of scale B) Decentralize the locations to be closer to the customers C) All of the above D) None of the above 4 Which strategy is Dillard's department store following for its inventory driver? A) Efficiency B) Effectiveness C) Cycle inventory D) None of the above 5 What is it called if a toy store holds extra inventory for the Christmas season? A) Safety inventory B) Cycle inventory C) Performance inventory D) Capacity inventory 6 How will an organization use its transportation driver if it focuses on a highly effective supply chain? A) Increase the price of its products by using slower, less expensive transportation methods B) Decrease the price of its products by using slower, less expensive transportation methods C) Increase the price of its products by using faster, more costly transportation methods D) Decrease the price of its products by using faster, more costly transportation methods 7 What would an organization choose that focuses on transportation efficiency? A) Ship its products directly to its customers B) Ship its products to a distributor that ships the products to customers C) Ship its products to a distributor by air only D) Ship its products to its customers by boat 8 What happens to an organization that operates using a push technology environment? A) The organization receives information B) The organization gets information C) The organization sends information D) The organization requests information 9 What does Wal-Mart's information driver focus on? A) Efficiency B) Effectiveness C) All of the above D) None of the above 10 What helps organizations reduce their investment in inventory, while improving customer satisfaction through product availability? A) Supply chain event management B) Selling chain management C) Collaborative engineering D) Collaborative demand planning |