A global supply chain operated by a U.S. hospital: a. Would only consist of the

Question

A global supply chain operated by a U.S. hospital: a. Would only consist of the tangible items used in the hospital (medicines, devices, etc.). b. Would only consist of information used by physicians to make decisions (e.g., results of MRI examinations, medical record information, etc.). C.Would not exist because all patients reside in the U.S. d. Would consist of both information flow and tangible item flow. Responsive supply chains tend to work well for innovative products because: a. The machines used to make innovative products are more expensive than those that make functional products. b. Small capacity buffers will ensure low resource costs. C. The level of uncertainty of the forecast for functional products is high d. Innovative products are more expensive than functional products. The following are cost considerations when making supply chain design decisions: a. Only direct labor costs. b. Direct labor costs, along with all other costs that are impacted by supply chain decisions. c. Only direct and indirect labor costs. d. Only direct labor, indirect labor, and transportation costs.

Explanation / Answer

ANSWEr 1. d)

A supply chain of such a US global hospital will be a system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customers.

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