- (Topic 2)
A manufacturer offers a trade-in allowance on a new machine when the customer returns the old machine. The manufacturer reconditions the returned machine locally and then sells it on the used market for a profit. This program is an example of a focus on:
Correct Answer:D
- (Topic 3)
The relative speed at which all transactions within the supply chain process occur is known as:
Correct Answer:B
- (Topic 3)
Turning the request-for-quotes process into a real-time auction setting most likely will:
Correct Answer:C
- (Topic 2)
Distribution from which of the following types of sites enables goods to enter a country, undergo further modification, and then be exported without paying customs duties?
Correct Answer:C
- (Topic 3)
One operation in a four-stage process has been producing more than required and is causing elevated levels of work in process. Which of the following approaches would be most appropriate to address the situation?
Correct Answer:B
- (Topic 3)
Which of the following types of supply chains is characterized by difficulty in responding to rapidly changing demand patterns?
Correct Answer:A