Quiz 8

pdf

School

Stevens Institute Of Technology *

*We aren’t endorsed by this school

Course

674

Subject

Business

Date

Apr 3, 2024

Type

pdf

Pages

3

Uploaded by AdmiralChimpanzee4236

Report
10/30/23, 8:07 PM M8.C1A: Quiz 8: 2023F BIA 674-WS M8.C1A: Quiz 8 Due Nov 5 at 11:59pm Points 100 Questions 10 Time Limit 30 Minutes Allowed Attempts 2 Instructions This quiz consists of multiple-choice and true/false questions. To be successful with the module quizzes, it's important to read the text and complete the practice exercises. Keep the following in mind: Multiple attempts: You will have two attempts at this quiz, with your highest score being recorded in the grade book. Timing: You will need to complete each of your attempts in one sitting, and you are allotted 30 minutes to complete each attempt. Answers: You may review your answer choices and compare them to the correct answers the day after the quiz due date. To start, click the Begin button. When finished, click the Submit button. Take the Quiz Again Attempt History Attempt Time Score LATEST Attempt 1 1 minute 100 out of 100 (@ Answers will be shown after your last attempt Score for this attempt: 100 out of 100 Submitted Oct 30 at 8:07pm This attempt took 1 minute. Question 1 10/ 10 pts Cycle inventory exists because producing or purchasing in large lots allows a stage of the supply chain to exploit economies of scale and thus increase cost. True False Question 2 10/ 10 pts Lot sizes and cycle inventory do not affect the flow time of material within the supply chain. True False Question 3 10/ 10 pts Aggregating across products, retailers, or suppliers in a single order allows for a reduction in lot size for individual products because fixed ordering and transportation costs are now spread across multiple products, retailers, or https://sit.instructure.com/courses/68393/quizzes/98642 1/3
10/30/23, 8:07 PM M8.C1A: Quiz 8: 2023F BIA 674-WS suppliers. True False Question 4 10/ 10 pts Reduction of fixed cost may be achieved by aggregating lots across multiple products, customers, or suppliers. True False Question 5 10/ 10 pts Marginal unit quantity discounts have also been referred to as multi-block tariffs. True False Question 6 10/ 10 pts The supply chain profit is higher if each stage of the supply chain independently makes its pricing decisions with the objective of maximizing its own profit. True False Question 7 10/ 10 pts For products where the firm has market power, two-part tariffs can be used to achieve coordination in the supply chain and maximize supply chain profits. True False Question 8 10/ 10 pts https://sit.instructure.com/courses/68393/quizzes/98642 2/3
10/30/23, 8:07 PM M8.C1A: Quiz 8: 2023F BIA 674-WS In a multi-echelon supply chain, it is important for a distributor to distinguish between retailers with high demand and retailers with low demand. True False Question 9 10/ 10 pts In a multi-echelon supply chain, the integer rule calls for an integer multiple of retailers to be serviced by each distributor. True False Question 10 10/ 10 pts Cycle inventory exists because producing or purchasing in large lots allows a stage of the supply chain to exploit economies of scale and raise cost. exploit customers and raise cost. exploit economies of scale and lower cost. exploit customers and lower cost Quiz Score: 100 out of 100 https://sit.instructure.com/courses/68393/quizzes/98642 3/3
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help