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NEW QUESTION 33
All of the following are part of the eight Supply Chain Management Processes suggested byThe Global Supply Chain Forum EXCEPT:

• A. Product Development and Commercialization
• B. Suppliers Relationship Management (SRM)
• C. Human Resource Management (HRM)
• D. Returns Management
• E. Customer Relationship Management (CRM)

Answer: C

NEW QUESTION 34
Organizations that change from a traditional purchasing perspective to a supply chain perspective most likely will adopt techniques related to:

• A. product pricing.
• B. sourcing multiple suppliers.
• C. centralized decision making.
• D. value stream analysis.

Answer: D

NEW QUESTION 35
Assuming no quantity discounts, what is true about the relationship between annual holdingcosts and annual ordering costs at the minimal total cost?

• A. annual holding costs equals annual ordering costs
• B. annual holding costs is greater than annual ordering costs
• C. cannot tell the relationship between the annual holding costs and annual ordering costs
• D. annual holding costs is less than annual ordering costs

Answer: A

NEW QUESTION 36
A manufacturer offers a trade-in allowance on a new machine when the customer returns the old machine. The manufacturer reconditions the returned machine locally and then sells it on the used market for a profit. This program is an example of a focus on:

• A. green manufacturing.
• B. sustainability in operations.
• C. environmentally sensitive engineering.
• D. gray box design.

Answer: B

Explanation:
Section: Supply Chain Strategy, Design, and Compliance

NEW QUESTION 37
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