A contract that allows a retailer to return unsold inventory up to…
Question Answered step-by-step A contract that allows a retailer to return unsold inventory up to… A contract that allows a retailer to return unsold inventory up to a specified amount, at an agreed upon price is:Select one:a. Quantity flexibility contract.b. Revenue-sharing contract.c. Quantity discount contract.d. Threshold contract.e. Buyback contract. A low-cost source of supply should NOT be preferred when-Select one:a. Demand volume is highb. Product value is lowc. Design support requirement is lowd. Demand volatility is highe. Product is in maturity stage A model to control generation of garbage is-Select one:a. PTAYb. PTYAc. PAYTd. PAYAe. PTTA A product’s selling price is Rs 250, its Purchase price is Rs 100, and its Salvage value is Rs 80. Then the cost of understocking the product is-Select one:a. =250-100b. =100+80c. =250+100-80d. =250-100-80e. =100-805. A product’s selling price is Rs 250, its Purchase price is Rs 100, and its Salvage value is Rs 80. Then the cost of overstocking the product is-Select one:a. =250+100-80b. =100+80c. =250-100-80d. =250-100e. =100-80 A responsive source of supply should NOT be preferred when-Select one:a. Desired quality is highb. Demand volume is highc. Product value is highd. Design support requirement is highe. Demand volatility is high7. A supply chain comprises of a Supplier, a Manufacturer, a Wholesaler, a Distributor and a Retailer. According to the Bullwhip effect, the largest variation in orders will be experienced by the-Select one:a. Manufacturerb. Wholesalerc. Retailerd. Distributore. Supplier8. Average flow time of inventory is given by-Select one:a. Average inventory/Average flow rateb. (Safety inventory – Cycle inventory)/Average flow ratec. Safety inventory/Average flow rated. Cycle inventory/Average flow ratee. (Safety inventory + Cycle inventory)/Average flow time) 9. Bulk Purchase Items are of-Select one:a. High criticalityb. High criticalityc. Low value and High criticalityd. High value and Low criticalitye. Low value10. Business travellers generally show-Select one:a. High sensitive to price and Low sensitive to duration/flexibilityb. High sensitive to pricec. Low sensitive to price and Low sensitive to duration/flexibilityd. Low sensitive to duration/flexibilitye. Low sensitive to price and High sensitive to duration/flexibility11. Carbon-di-oxide is a which one of the following gases?Select one:a. GHGb. HHGc. HHGd. GGGe. GHH12. Cycle Service Level (CSL) is measured in-Select one:a. Decimalsb. Percentagesc. Probabilitiesd. Proportionse. Fractions13. Revenue management is applicable when-Select one:a. Fixed cost is low but Variable cost is lowb. Both Fixed cost and Variable cost are highc. Fixed cost is high but Variable cost is lowd. Variable cost is highe. Fixed cost is high14. Strategic items are of-Select one:a. Low valueb. Low value and High criticalityc. High criticalityd. High value and High criticalitye. High criticality15. The Network Design decision in Phase-I involves-Select one:a. Regional facility configurationb. Supply chain strategyc. Capacity choicesd. Location choicese. Desirable sites16. The Network Design decision in Phase-II involves-Select one:a. Capacity choicesb. Location choicesc. Desirable sitesd. Supply chain strategye. Regional facility configuration17. The Reorder point is equal to-Select one:a. Safety inventoryb. Safety inventory + Demand during Leadtimec. Safety inventory during lead time + Demandd. Demand – Safety inventorye. Demand18. The standard deviation of demand is 500 units and lead time is 2 weeks. Then standard deviation of demand during the lead time will be-Select one:a. 500/sqrt(2)b. 2/sqrt(500)c. 500*2d. 500*sqrt(2)e. 500/219. Which of the following adjusts prices pricing to available supply of assets?Select one:a. Revenue management.b. Demand management.c. Profit management.d. Supply and demand management.e. Supply management.20. Which of the following configuration networks is largely flexible and decentralized?Select one:a. Chained network with one long chainb. Dedicated networkc. Fully flexible networkd. Dedicated network with two short chainse. Chained Network with no chains21. Which of the following is a set of logistical supply chain driver?Select one:a. Inventory and Facilitiesb. Sourcing and Informationc. Pricing and Sourcingd. Information and Pricinge. Transportation and Sourcing22. Which of the following is not a standard third-party aggregation?Select one:a. Transportation aggregationb. Warehousing aggregationc. Inventory aggregationd. Capacity aggregatione. Facility aggregation23. Which of the following is not an element in the Product categorization matrix?Select one:a. Critical itemsb. Outsourced itemsc. Strategic Itemsd. General itemse. Bulk purchase Items 24. Which of the following is not an inventory holding cost?Select one:a. Cost of capitalb. Handling costc. Ordering costd. Occupancy coste. Spoilage cost25. Which of the following is unlikely to be a differential pricing strategy?Select one:a. Group pricingb. Cost-based pricingc. Time-based pricingd. Channel pricinge. Regional pricing Engineering & Technology Industrial Engineering Supply Chain Management QUALITY ZG621 Share QuestionEmailCopy link Comments (0)
