3PL is associated with ______. improving the quality of manufactured products the service industry only improving the ef
Posted: Sat Mar 19, 2022 6:02 pm
3PL is associated with ______.
improving the quality of manufactured products
the service industry only
improving the efficiency of product flows
requiring the manufacturer to focus on its core competencies
A code of ethics is ______.
required by law in the United States
a specific set of professional behaviors and values
mandated by the ISO
based upon principles developed by the United Nations
A fundamental question in inventory management is ______.
how much to order or produce
what product features to offer
at what price the product should be sold
what sort of packaging is required
A high inventory turnover ratio indicates that ______.
inventory is not being replenished
the firm is converting its inventory to profits faster
the potential for product obsolescence is high
the potential for product theft and damage is high
A just-in-time strategy ______.
reduces investment in inventory and reduces space
requirements
reduces investment in inventory but increases space
requirements
increases investment in inventory but reduces space
requirements
increases investment in inventory and increases space
requirements
An inventory held to reduce or eliminate fluctuations in
production is called a(n) ______ inventory.
pipeline
hedge
smoothing
anticipation
Cross-docking ______.
reduces sustainability
reduces cycle times
increases requirements for intermediate storage
can reduce handling and storage costs
Features of lean relationships in supply chain management
include ______.
reduced sustainability
fewer suppliers
increase in cash flows
increase in number of employees
Environmentally sustainable practices ______.
are a natural extension of lean
are inconsistent with lean practices
increase the challenges in applying lean principles
are a substitute for lean practices
improving the quality of manufactured products
the service industry only
improving the efficiency of product flows
requiring the manufacturer to focus on its core competencies
A code of ethics is ______.
required by law in the United States
a specific set of professional behaviors and values
mandated by the ISO
based upon principles developed by the United Nations
A fundamental question in inventory management is ______.
how much to order or produce
what product features to offer
at what price the product should be sold
what sort of packaging is required
A high inventory turnover ratio indicates that ______.
inventory is not being replenished
the firm is converting its inventory to profits faster
the potential for product obsolescence is high
the potential for product theft and damage is high
A just-in-time strategy ______.
reduces investment in inventory and reduces space
requirements
reduces investment in inventory but increases space
requirements
increases investment in inventory but reduces space
requirements
increases investment in inventory and increases space
requirements
An inventory held to reduce or eliminate fluctuations in
production is called a(n) ______ inventory.
pipeline
hedge
smoothing
anticipation
Cross-docking ______.
reduces sustainability
reduces cycle times
increases requirements for intermediate storage
can reduce handling and storage costs
Features of lean relationships in supply chain management
include ______.
reduced sustainability
fewer suppliers
increase in cash flows
increase in number of employees
Environmentally sustainable practices ______.
are a natural extension of lean
are inconsistent with lean practices
increase the challenges in applying lean principles
are a substitute for lean practices