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NEW QUESTION 29
The best way to manage a business relationship is to measure performance to:
- A. agreed-upon metrics.
- B. quality targets.
- C. cost of ownership metrics.
- D. on-time delivery.
NEW QUESTION 30
A company wants to reduce lead time while minimizing inventory costs. Which of the following approaches is most appropriate to implement?
- A. Six sigma
- B. Lean
- C. Kaizen blitz
- D. Make-to-stock
Section: Mixed questions
NEW QUESTION 31
The globalization of a supply chain typically increases uncertainty and:
- A. product standardization.
- B. documentation complexity.
- C. production lead time.
- D. local competition.
NEW QUESTION 32
Which of the following conditions are most indicative of a company that is effectively managing its cash?
- A. High accounts receivable, low inventory, high accounts payable
- B. Low accounts receivable , high inventory, low accounts payable
- C. Low accounts receivable, low inventory, high accounts payable
- D. High accounts receivable, high inventory, low accounts payable
NEW QUESTION 33
A master production schedule serves a company best by functioning as a:
- A. dispatch list.
- B. forecast system buffer.
- C. supplier scheduling system.
- D. priority planning tool.
Section: Implementation and Operations
NEW QUESTION 34