QUESTION: 69

The main benefit of a mass customization product design strategy is to:

sell high quantities of product to specific customer segments.
achieve economies of scale in purchasing components.
offer more product variety while keeping inventories low.
avoid assembly of finished products.

Answer(s): C

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QUESTION: 70

Keeping all other factors equal, a company typically will try to maintain higher service levels for products with:

wider variety.
shorter lead time.
higher profit margins.
lower sales volumes.

Answer(s): C

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A large manufacturer wanting to be more competitive in the global market place decided to outsource its transportation and return processing to other companies on a contractual basis. The companies providing the services would be referred to as:

fourth party logistics providers.
third party logistics providers.
retail services providers.
distribution services providers.

Answer(s): B

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QUESTION: 72

Companies are more likely to consider the consequences of their product design decisions when they view the reverse supply chain as an extension of the:

forward supply chain.
marketing process.
manufacturing process.
sales and operations planning process.

Answer(s): A

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QUESTION: 69

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QUESTION: 72

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