Question 1

Which of the following types of raw materials would be most appropriate to source via an Internet-based trading exchange?

Options :

A : Expensive material that is critical to the finished good

B : Expensive material for which there are several substitutes

C : Inexpensive material that is critical to the finished good

D : Inexpensive material for which there are many sources

Answer: D

Question 2

Which of the following techniques typically is most effective for controlling variability of demand in a supply chain?

Options :

A : Holding consignment inventory at a customer-s location

B : Holding additional stock at the distributor

C : Closer monitoring of product promotions at the retailer

D : Centralizing demand information

Answer: C

Question 3

A business is changing from a business to business model to a business to consumer model. Which of the following statements about this supply chain change is true?

Options :

A : Returns from customers will decrease.

B : Number of supplier orders will increase.

C : Number of customer orders will increase.

D : Average supplier order size will increase.

Answer: C

Question 4

A work center's demonstrated capacity for the last week was 160 standard hours. Its demonstrated capacity for the last 6 weeks was 140 standard hours. Which of the following numbers would be best to use to determine the appropriate future load for the work center?

Options :

A : 160 standard hours, because it reflects what the work center has proven it can do

B : 160 standard hours, because it reflects what happened most recently

C : 150 standard hours, because it is the average of the last two periods

D : 140 standard hours, because it is based on a greater number of periods

Answer: D

Question 5

Risk management assessment tools are common techniques used in which certification program?

Options :

A : ISO 31000

B : ISO 14000

C : ISO 26000

D : ISO 9000

Answer: A