MGT 323 PRINCIPLES OF SUPPLY CHAIN MANAGEMENT Week 2 Quiz Answers
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Question 1
Offering an awards program to suppliers both motivates the suppliers to commit to a program of continuous improvement as well as provides role models for suppliers to follow.
Question 2
Distribute free samples of all purchased products to the end-user for detailed evaluation and feedback on supply chain development
Question 3
Which of the following is TRUE?
Question 4
While a manufacturer may have substantial influence over its first tier suppliers, their influence over second and third tier suppliers is typically much higher.
Question 6
A company using a weighted-criteria evaluation system has established these 5 categories and the appropriate weight in parentheses: Quality (0.25), Responsiveness (0.10), Delivery (0.20), Cost (0.25), Technology (0.20). Company X received the following ratings in each of the five categories: Quality(90), Responsiveness(90), Delivery(80), Cost(80), Technology(90). What is their total score?
Question 7
"Rationalizing the supplier base" would mean that the purchasing firm is attempting to reduce the number of suppliers in its supplier network by eliminating poor performing suppliers in its present supplier base.
Question 8
Field failures, loss of goodwill, a decreased reputation, and warranty costs can all be classified as:
Question 9
The acronym SRM refers to:
Question 10
An outsourcing program can result in all of the following positive outcomes, except:
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