As a result of the terrorist attacks of September 11, 2001, many firms have employed a wide range of tactics to ensure continued flow of inventory in the face of government steps to curb terrorism
Which of the following is an inventory sourcing strategy response (as opposed to an inventory management response, or a transportation response)?
A) carrying more inventory on-hand
B) minimizing cross-border exposure from suppliers
C) shifting to air cargo shipments instead of co-habitation of products and passengers on commercial air flights
D) increasing the on-hand supply of critical parts
Answer: B
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Customers are likely to put up with poor-quality products only if your organization is
A. underperforming in innovation. B. using computerized customer service. C. the only one of its kind. D. in a very competitive industry. E. lacking strong environmental policies.
Primary value activities are standardized activities that accomplish a specific task, such as processing a customer's order.
Answer the following statement true (T) or false (F)
________ collect data on the same set of variables at regular intervals, each time sampling from a new group of respondents
A) Periodic surveys B) Panel surveys C) Shared surveys D) Parallel surveys E) Regular surveys
An advantage of a process layout includes ______.
A. the consistency in processing times from job to job B. the ease of scheduling workflows C. the ability to treat each order as a special case D. its high degree of efficiency