1. The practice whereby a manufacturer has inventories of materials on consignme
ID: 338305 • Letter: 1
Question
1. The practice whereby a manufacturer has inventories of materials on consignment from its suppliers falls under the scope of:
inventory pooling control.
virtual distribution.
electronic inventory control.
vendor-managed inventories.
2. Which one of the following statements about the relation between financial and supply-chain performance measures is TRUE?
Longer delivery times require higher levels of working capital.
Shorter new product development time decreases revenue.
Higher inventory turns call for higher working capital requirements.
Lower aggregate inventory value means higher current assets.
a.inventory pooling control.
b.virtual distribution.
c.electronic inventory control.
d.vendor-managed inventories.
Explanation / Answer
1. The practice whereby a manufacturer has inventories of materials on consignment from its suppliers falls under the scope of:
inventory pooling control.
virtual distribution.
electronic inventory control.
vendor-managed inventories.
2. Which one of the following statements about the relation between financial and supply-chain performance measures is TRUE?
Longer delivery times require higher levels of working capital.
Shorter new product development time decreases revenue.
Higher inventory turns call for higher working capital requirements.
Lower aggregate inventory value means higher current assets.
a.inventory pooling control.
b.virtual distribution.
c.electronic inventory control.
d.vendor-managed inventories.
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