QUESTION: 189

The customer who provides point-of-sale data remains the sole decision-maker regarding order quantities when what type of inventory strategy is used?

Continuous replenishment
Advanced continuous replenishment
Vendor-managed replenishment
Quick response

Answer(s): D

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QUESTION: 190

Which of the following statements about the use of bar code labels for product identification in the supply chain is true?

They have been replaced by radio frequency identification tags.
They can be read by devices 1 to 3 meters from the item.
They facilitate the capture of information about the location of items.
Each of the trading partners must apply a unique label.

Answer(s): C

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QUESTION: 191

Inventory parameters established using analytic inventory techniques typically are based on balancing:

supply and dependent demand.
customer service and inventory costs.
transportation and warehousing costs.
inventory levels and decision-making costs.

Answer(s): B

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A firm is undertaking a revision of its financial metrics to make them more comprehensive and has decided to use metrics such as return on investment (ROI), return on assets (ROA), and economic value added (EVA). This is an example of utilizing which of the following types of metrics?

Activity based
Stakeholder focused
Financial sustainability
Value chain

Answer(s): C

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QUESTION: 189

QUESTION: 190

QUESTION: 191

QUESTION: 192