Question 151
A key challenge in managing the supply chain for an innovative product is that:
- contribution margins will be slim.
- the product life cycle will be long.
- product demand will be volatile.
- inventory levels must be minimal.
Question 152
Bullwhip effect can be reduced by which of the following combinations of actions?
- Information sharing, batch ordering, variable pricing
- Shortage gaming, frequent ordering, consistent pricing
- Information sharing, frequent ordering, variable pricing
- Information sharing, frequent ordering, consistent pricing
Question 153
A company would like to benchmark its inventory levels against other companies. Which of the following metrics is best to use for this purpose?
- Fill rate
- Days of supply
- Net asset turns
- Cash-to-cash cycle time
Question 154
Sustainable business practices are those capable of meeting the:
- environmental protection requirements of today.
- requirements of producing products with minimum resources.
- environmental protection requirements of the future.
- needs of the present while considering the needs of the future.
Question 155
Which of the following elements typically is considered to be an output of demand planning?
- Transportation routes and schedules
- Detailed production schedules
- Product family and item forecasts
- Customer historic tracking report