Which of the following is technique of using visual to “pull” components through the nanufacturing process?
A. JIT
B. Kanban
C. Six-sigma
D. Lean
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If a firm has 25days of accounts payables outstanding and 30 days invested in inventory and their cash to cash cycle time is 80days, how many days of accounts receivables do they have?
A. 105days
B. 80 days
C. 75days
D. 50days
Which of the following is likely when a retailer of children’s toys uses traditional forecasting to anticipate demand (as does their wholesaler) and adds some safety stock to orders both to smooth out the inevitable variations from the forecast and to replenish supplies after a promotion (not communicated to their suppliers) that the retailer plans to have to liquidate excess inventory?
A. Low inventory holding costs for the retailer and high variability of demand for the wholesaler.
B. High inventory holding costs for the retailer and high variability of demand for the wholesaler.
C. Low inventory holding costs for the retailer and low variability of demand for the wholesaler.
D. High inventory holding costs for the retailer and low variability of demand for the wholesaler.
Which of the following is true regarding a supply chain?
A. Cash flows downstream while materials flow upstream.
B. Information flows upstream, downstream, and between network members and external entities.
C. An electrical power producer that powers a manufacturer’s plant is downstream from the manufacturer.
D. Services may be part of a manufacturing supply chain but do not have a distinct supply chain themselves.
Which of the following could be a key performance indicator ( ) for replenishment?
A. inventory turns
B. introduction lead time
C. order fill rate
D. volume growth
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