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Exam 4: E-Commerce and Supply Chain Management

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Question 31

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Location managers are typically responsible for managing the movement of products between locations.

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Question 32

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When do rationing and shortage gaming occur?

A) Supply exceeds demand.
B) Demand exceeds supply.
C) Government contracts are awarded.
D) Transportation workers go on strike.
E) Marginal revenue exceeds marginal cost.

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Question 33

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What are the three "components" of a supply chain?

What term refers to processes or activities that are completed by suppliers?

According to several studies,what are the three most important criteria for selecting suppliers?

Net marketplaces are designed to:

Service organization supply chains are:

Name three functions of a purchasing department: ________________________,________________________,________________________

According to a 1996 study by the Council for Logistics Management of the third-party logistics industry,which companies are particularly likely to use third-party logistics services to handle most of their logistics needs?

Crossdocking eliminates the receiving and shipping functions of a distribution warehouse while still performing its storage and order picking functions.

What type of warehouse is used for short-term storage,consolidation,and product mixing?

Manufacturers typically represent the beginning of a supply chain.

Crossdocking allows the retailer to replace ______________ with information and coordination.

The discussion in the textbook implies that information sharing has shifted power in the supply chain the most to which group?

Successful supply chain partnerships have impact when they reduce: _______________________ and ______________________ while ______________________ and ______________________.

Which term refers to inaccurate or distorted demand information created in the supply chain?

Price fluctuations follow all but which of the following marketing promotions?

Will's omelet factory produces 2,500 omelets a day.They've determined that their daily fixed costs are $4,000 with a variable cost of fifteen cents per omelet.(a)What is the total cost to make a day's omelets,and (b)what should Will charge for each omelet to make a 10% profit,rounded to the next whole dollar?

Which of the following is not considered to be a characteristic of partnership relations?

Simuelson Industries can produce its own motors for a $60,000 fixed monthly cost and a $50 variable cost per unit.Alternatively,Simuelson Industries can purchase the motors from an outside supplier for $50,000 per month and $58 per unit. a)What is the indifference point? b)What option should be chosen if monthly demand is 1200 units?