Module 5 Quiz
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Harvard University *
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Course
3001
Subject
Industrial Engineering
Date
Dec 6, 2023
Type
Pages
3
Uploaded by UltraCoyotePerson225
11/7/23, 7:42 AM
Supply Chain | Acrobatiq
https://wgu-nx.acrobatiq.com/en-us/courseware/summative-assessment/wgu_opsmgmt_nov15/u3_m5_quiz/6548cf2b116207755887d10a
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SUPPLY CHAIN
Step 1 of 1
Question 1 of 7
Question 2 of 7
Question 3 of 7
Question 4 of 7
Watson Computers obtains the parts required to build its desktop computers from a variety of suppliers located in Mexico and India.
Watson Computers engages in .
outsourcing
Typically used for products with stable, predictable demand and little innovation, supply chains operate
efficiently to reduce costs and minimize inventory levels.
lean
________ involves a supplier having access to a retailer’s sales data and inventory levels to help the supplier plan production and
provide the retailer with more goods, as needed.
Inventory bottlenecking
Forward vertical integration
Vendor managed inventory
Reverse logistics
True or False
Correct! Goods and services obtained from outside suppliers are outsourced.
Correct! A lean supply chain, which is used for standard functional items with long product life cycles, must focus on operating
efficiently to minimize costs.
Correct! With vendor management inventory systems, suppliers can use information from the retailer regarding product sales
to determine when they should replenish inventory.
11/7/23, 7:42 AM
Supply Chain | Acrobatiq
https://wgu-nx.acrobatiq.com/en-us/courseware/summative-assessment/wgu_opsmgmt_nov15/u3_m5_quiz/6548cf2b116207755887d10a
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Question 5 of 7
Question 6 of 7
Question 7 of 7
When U.S. firms outsource to low-cost suppliers in Mexico, India, and China, supply chains become longer which often increases
transportation and inventory costs.
True
False
In a supply chain system, a ________ bottleneck occurs when a firm is unable to obtain a line of credit from a bank.
financial
decision-making
technology
regulatory
Due to the rising popularity of supply chains, bottlenecks are an increasing problem for firms, especially whe
unanticipated supply shortages occur.
lean
True or False
Supplier development, which is increasingly important as more firms insource, involves helping both key suppliers and marginal
suppliers improve their production and service capabilities.
True
False
Correct! In the past decade or more, global outsourcing has grown dramatically as firms seek to find low-cost suppliers. This
push, driven primarily by low labor costs in developing economies such as Mexico, China, India, and Vietnam, has lengthened
the supply chain which increases transportation and inventory costs.
Correct! Financial bottlenecks are due to finite budgets or credit availability.
Correct! Bottlenecks are an increasing threat to supply chain optimization because of the increasing popularity of lean
management, which encourages companies to focus on getting rid of excess inventory. So, in an unexpected shortage, there is
nothing in reserve, and the flow of goods and services halts until the shortage is addressed.
11/7/23, 7:42 AM
Supply Chain | Acrobatiq
https://wgu-nx.acrobatiq.com/en-us/courseware/summative-assessment/wgu_opsmgmt_nov15/u3_m5_quiz/6548cf2b116207755887d10a
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Correct! Supplier development, which has become more prominent as outsourcing becomes more commonplace, involves
helping key suppliers improve their production and service capabilities. As these key suppliers are developed, marginal
suppliers are sidelined, and the supply base becomes smaller.
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