Which of the following is a key decision about inventory in supply chain managem

Question

Which of the following is a key decision about inventory in supply chain management (SCM) related to manufacturing? a. How much should be produced? b. What should be produced? c. How much should be ordered? d. Where should manufacturing facilities be placed? Which of the following elements plays a major role in implementing a supply chain management (SCM) system? a. Auctions b SDLC modules c. CASE tools d. The Internet A(n) _____ is a supply chain management (SCM) technology that enables business partners to send and receive information on business transactions. a. purchase order b. extended markup language d. printed invoice By using for the electronic exchange of information, companies can improve the efficiency and effectiveness of the supply chain process. a. virtual private networks b. traditional electronic data interchange (EDI) c. paper documents d. the Internet and established Web protocols Which of the following statements is true of traditional electronic interchange (EDI)? a. EDI uses nonproprietary standards. b. EDI is more beneficial when there are more companies in the EDI network. c. When the number of partners is large in the EDl network, the cost per partner is higher. d. When EDI uses the Internet and Web more companies in the EDI network. protocols, the cost of transmitting documents increases. In the context of Internet-enabled supply chain management (SCM), bargaining and renegotiating prices and term agreements are a part of ____ activities. a. order processing b. purchasing/procurement c. production scheduling d. inventory management ____ decisions can be automated because a well-defined standard operating procedure exists for these types of decisions. a. structured b. Semistructured c. Unstructured d. Uncommon Record keeping, payroll, and simple inventory problems are examples of tasks. a. structured b. semistructured c. unstructured d. uncommon

Explanation / Answer

10) How much should be produced?

11)The internet

12)Electronic data interchange

13)Traditional electronic data interchange.

14)EDI is beneficial when there are more companies in the EDI network

15)purchasing/procrutement

16) structured

17)unstructured

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