1. A distribution requirements planning (DRP) system is implemented primarily to monitor or manage:
A) supplier capacity. B) customer demand. C) inventory replenishment. D) demand variation.
2. A bicycle manufacturer wants to offer a range of bicycles that allow the customer to choose wheels, gears, brakes, frames, and saddles. Implementing which of the following approaches would be most appropriate?
A) Standardized components B) Production to forecast C) Customer relationship management (CRM) D) Mass customization
3. Which of the following reasons is often why many companies fail to achieve the implementation benefits of reverse logistics?
A) Many top managers fail to have a good grasp of the cost and benefits of returns. B) Often too much time passes between a product sale and a return. C) The quality issues surrounding returns are too difficult to assess. D) Transportation costs for returns are uncertain and usually higher than for sales.
4. A global manufacturer is implementing a remanufacturing program to improve its triple bottom line (TBL). Which dimension of TBL will the new program positively affect?
A) Ergonomic B) Social C) Environmental D) Employee
5. Which of the following tools will facilitate greater collaboration as the supply chain matures?
A) Supplier relationship management (SRM) to select a vendor B) Customer relationship management (CRM) to automate the sales force C) Supply chain event management (SCEM) to increase visibility of changing situations D) Enterprise resources planning (ERP) to forecast demand
1. Right Answer: C Explanation: Reference:https://searcherp.techtarget.com/definition/distribution-requirements-planning-DRP
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