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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)
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.
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
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.
Section: Supply Chain Strategy, Design, and Compliance
NEW QUESTION 37