Which of the following are the quickest ways to ship food products in order to ensure they do not spoil?
A supply manager negotiates a volume discount with a key supplier. The supplier will provide a discount on screws, bolts, and nuts, based on the quantity indicated on the purchase order (PO). Which of the following would be the BEST way for the buying firm to maximize the benefits of this discount?
\NXY, Inc. buys high-quality fragile products from a supplier. Numerous shipments from this supplier have arrived with dents
on the packages, resulting in damaged products. Given this situation, which of the following is the FIRST course of action WXY should take?
A sourcing manager needs to outsource production in order to meet demand for a specific product. The internal production schedule and forecasted sales have been provided for the next nine months. Internal production follows a level schedule of 4,000 units per month and up to 7,000 units may be stored in inventory. There is no beginning inventory for January. During what month(s) will outsourced production be required to meet forecasted sales?
MonthJanFebMarAprMayJunJulAugSep
Unit Sales3,0003,0004,0001,0009,0005,0004,0003,0005,000
A cross-functional team evaluates the feasibility of a new product line for a company. This type of study is BEST described as
A supply manager for JKL, Inc. is negotiating a contract with a supplier of a component. The component will be used in a new product JKL Is manufacturing and plans to bring to market early next year. Which of the following will be the MOST important provision for the supply manager to negotiate for?
Based on the global reach and complexity of supply chains, resiliency planning and risk assessment are necessary because of which of the following’
A firm has created the following process flow diagrams depicting two possible strategies for the production of a new product line. The triangles represent inventory, and the rectangles represent processing. Each of the two options start with the same raw materials, and both create the product through two stages of processing.
Which of the following statements is correct?