CPIM基础部分习题.docVIP

Question Number: 1 The basic elements of the supply chain include: A）supply, manufacture,distribution. B) design, manufacture, inventory. C) engineer, design, manufacture. D) supply, engineer, manufacture. The correct answer is: A Even though different companies produce different products, the basic elements are the same: supply, manufacture, and distribution. Question Number: 2 In order to maximize profit, a company must have all of the following objectives except: A) Best customer service B) Most accurate production forecast C) Lowest inventory investment D) Lowest distribution cost The correct answer is: B A company, to maximize profits, must have the lowest production cost, best customer service, lowest inventory investment, and lowest distribution costs. While an accurate production forecast will contribute to low production costs, it will not guarantee the lowest production costs. Question Number: 3 BASICS OF SUPPLY CHAIN MGMT (BSCM) :Businesswide Concepts The inventory turns ratio measures: the amount of inventory needed to A) support sales growth. B) obsolete inventory as a percent of sales. C) how effectively inventory is being used. D) the amount of space needed to store inventory. The correct answer is: C The inventory turns ratio measures how effectively inventories are being used. It is calculated by dividing annual cost of goods sold by average inventory in dollars. Question Number: 4 Process specifications can be best defined as a document which: A) shows how the product will appear. B) shows the steps needed to produce the end item. C) details the capacity available at a work center. D) flow charts various processes. The correct answer is: B Process specifications describe the steps needed to make an end product. They are usually printed on a routing sheet or kept in the database for online access. Question Number: 5 BASICS OF SUPPLY CHAIN MGMT (BSCM) :Businesswide Concepts A companys strategic plan: A) provides the manufacturing plan for families