4. Which of the following is (are) advantages of full partnerships with
suppliers, as compared to traditional adversarial relationships?
I. They help reduce uncertainties for both buyer and supplier.
II. The full partnership is easier to establish and maintain than other relationships, so
more suppliers can be dealt with.
III. The full partnership assures the lowest material price.
A. I only
B. II only
C. III only
D. I and II only
E. II and III only
5. Jones Company had sales of $100,000 last week. The company had
forecasted that sales would be $120,000. Using exponential smoothing with a
smoothing constant of 0.2. What is the forecast for this week’s sales?
A. $124,000
B. $116,000
F2= α.D1 + (1-α)F1 = 0.2.100,000 +(1-0.2).120,000
C. $104,000
= 116,000
D. $112,000
6. A relationship with a supplier that is characterized by distrusts, little
communication, and short-term transaction is called:
A. Adversarial relationship
B. Preferred Supplier
C. Acceptance of mutual goals
D. A full partnership
7. Which of the following is NOT a role of inventory?
A. Increasing quality of finished good
B. Balancing supply and demand
C. Buffering uncertainty in supply or demand
D. Enabling geographical specialization
8. All of the following are supply management goals EXCEPT:
A. Ensure timely availability of resources
B. Purchase at the lowest price
C. Enhance quality
D. Assess technology and innovation
9. Over a six month period, the demand for a product has been: June=200,
July=210, August=240, September=240, October=260 and November=280. The
three month moving average forecast for December is
A. 240
B. 260
F12 = D11+ D10 + D9 = 280 + 260 + 240 = 260
C. 280
D. 300
3
3
10. A bill-of-materials file contains:
A. Invoices for materials that must be paid in this period
B. Lists of materials required to produce end item products
C. Accounts payable for materials
D. A and B
E. All of the above
11. Which of the following is the most appropriate definition of an “order
winner”?
A. A product characteristic that causes customers to choose the product over
that of a competitor.
B. A product characteristic that permits the product to compete in a market.
C. A product that has the highest profit margin.
D. A product that generates the highest dollar sales volume.
12. All of the following represent external failure cost except the cost of:
A. Scrapping defective raw material
B. Repairing items covered by warranty
C. Replacing defective items found by customers
D. Loss of good will and reputation
13. One function of warehouse or distribution centers is “consolidation”. This
means that the warehouse/distribution center is used to:
A. Group small inbound loads into larger outbound loads
B. Collect products/packaging materials that are sent back for disassembly,
reclamation, or disposal
C. Hold inventory to buffer the system from variability in either in supply or demand
D. All of the above
14. Materials requirement planning (MRP) systems are used primarily to
A. Plan materials
B. Plan lead time
C. Plan production
D. Plan distribution
E. A and C
15. End Item A is made by assembling 2 of Part B and 3 of Part C. Part C is
made from 2 of component D and 2 of component E. Component D is
considered to be a:
Component D is needed to make part C, which is a
A. Level 1 input
level 1 input to the end item. Thus, component D is a
B. Level 2 input
C. Level 3
level 2 input
D. All are incorrect
16. End Item A is made by assembling 2 part of B and 4 part of C. Part C is
made from 3 parts of D and 2 parts of E. Gross requirements for End item A
are 100 units. What is the net requirement for Part C?
Units on-hand in inventory
End Item A
50
Part B
30
Part C
75
Part D
100
Part E
75
A. 70 units
B. 200 units
C. 125 units
D. 100 units
Sx 100 unit A mà kho có 50 rồi nên chỉ cần require 50
unit A . sx 50 A thì số unit C cần = 4x 50 = 200 unit C .
mà kho có 75 unit C rồi nên jo chỉ cần require 125
unit C
17. In the above problem, what is the gross requirement for part E?
A. 175
B. 275
Số E cần = 125 unit C X 2 = 250
C. 375
D. 250
18. Which of the following statements about projects and project management
is not true?
A. A project is typically a one-time event.
B. Completing a project within budget is the most critical criterion for project
success.
C. Projects are typically staffed with people from several different functional areas
who may have more loyalty to their function than to the project.
D. B and C.
19. Colson Corp has planned a simple project having four tasks. The table
shows the task information for the project.
Task
Estimated Duration
Immediate Predecessors
A
10 days
None
B
7 days
A
C
4 days
A
D
8 days
B,C
What is the estimated completion time for the project?
A. 29 days
A ______10days______
B. 25 days
B 7Days
___ _
C. 22 days
C
4days
__/_3d___/
D. 19 days
D __ 8days
_
/_____________________________25days_____________________/
20. In the project for Colson Corp. (above), does any task have slack? If so,
how much?
A. Task C has 3 days slack.
B. Task B has 3 days slack.
C. Task C has 4 days slack.
D. Task D has 2 days slack.