- (Topic 3)
Designing a supply chain to maximize responsiveness and flexibility is most appropriate for which of the following types of organizations?

1. A. Public utility provider
2. B. Configurable products manufacturer
3. C. Commodity goods supplier
4. D. Luxury goods manufacturer

Correct Answer: B

- (Topic 3)
Compared to the traditional enterprise resources planning (ERP) system, an electronic business system (EBS) is preferred for today's e-business solution because EBS:

1. A. is more flexible and functional.
2. B. is the backbone of outsourcing services.
3. C. has converged with Web-based applications to form a grouping of business software functions.
4. D. encompasses e-procurement as a traditional purchasing function.

Correct Answer: C

- (Topic 3)
The most appropriate strategy for a firm that makes and sells a wide range of items typically would be to domestically source items that have which of the following characteristics?

1. A. Short product life cycle and many variations
2. B. Short product life cycle and few variations
3. C. High labor value and low transport uncertainty
4. D. High labor value and high transport uncertainty domestically

Correct Answer: A

- (Topic 3)
A retailer wants to partner with its suppliers to implement automatic replenishment of inventories and joint sales forecasts. Which of the following supply chain management technologies most likely would support the retailer's strategy?

1. A. Advanced planning and scheduling
2. B. Collaborative planning, forecasting, and replenishment
3. C. Supplier relationship management applications
4. D. Radio frequency identification (RFID) tags

Correct Answer: B

- (Topic 3)
Prioritizing customer needs is best accomplished by:

1. A. sharing information with key customers.
2. B. installing a new enterprise resources planning system.
3. C. responding to customer requests in the order they are received.
4. D. establishing policies and procedures for honoring customer requests.

Correct Answer: D