1651. Which of the following statements is true of LEAN?
A. Lean principles focus on advanced statistical methods
B. Lean principles are separate body of knowledge
C. Lean principles have been developed over a lengthy period of time
D. Lean principle include reducing waste *
1652. The bullwhip effect _________.
A. Is an ineffective way to motivate warehouse employees
B. Applies to rodeos and has nothing to do with supply chain management *
C. refers to the “swaying” motion associated with triple trailers
D. refers to variability in demand orders among supply chain participants
1653. According to the manufacturing based definition of quality________.
A. ” Quality is the degree of excellence at an acceptable price and the control
B. Quality depends on how well the product fits patterns of consumer preferences
C. Even though quality cannot be defined , you know what it is
D. Quality is the degree to which a specific product conforms to standards *
1654. The variability in demand orders among supply chain participants_______.
A. Cannot be controlled
B. Refers to the bullwhip effect
C. Can be controlled with electronic order placement
D. Is more pronounced in relational exchanges *
1655. Cooperative supply chain relationships developed to enhance the overall business performance of both parties is a definition of _______.
A. Third-party logistics
B. Supply chain collaboration
C. Dovetailing *
D. Relationship marketing
1656. Integration of business economics and strategic planning has given rise to a new area of study called _____________.
A. Micro economics
B. Corporate economics
C. Macro economics *
D. Managerial economics
1657. Process improvement technique that sorts the ” vital few” from the ” trivial many” is __________.
A. Taguchi analysis
B. Pareto analysis
C. Bench marking
D. Yamaguchi analysis *
1658. A fishbone diagram is also known as a ________.
A. Cause-and-effect diagram
B. Poka-yoke diagram *
C. Kaizen diagram
D. Taguchi diagram
1659. Which of the following functions is not a core function of an organization ?
A. The product/service Dev function *
B. The operations function
C. The marketing ( Including sales) functions
D. The accounting and finance function
1660. What is a perfect order ?
A. Simultaneous achievement of relevant customer metrics *
B. An order that arrives on time
C. an order that arrives undamaged
D. an order that is easy for the receiver to fill.