Question
1. Which of these is a motive to form strategic alliance supplier? A. High probability of improved quality thanks to the collaboration. BGreater competition among
1. Which of these is a motive to form strategic alliance supplier?
A. High probability of improved quality thanks to the collaboration.
BGreater competition among supplier.
C. Both of A & B are correct.
. D. Both of A & B are incorrect.
2. When a company applies the Pareto principle in classifying inventory items, how should the category that contributes of revenue be managed?
A. Keep minimal stock.
B. Daily check inventory level
C. Prioritize safety stock level
D. None of the above is correct.
3. Which sourcing strategy of Kraljic matrix is in action when the cost or value to your company is high and supply risk is high? A. Strategic
B. Leverage
C. Bottleneck D. Non-cr| tical.
4. When an activity holds a strategic role to the business and can carry it out better than any partner in the market, what should the company do
A. Keep the activity in-house B. Outsource the activity to one partner
C. Outsource the activity to many partners D. None of the above is correct.
5. In order to minimize inventory level, how should the manufacturer schedule their production
A. Arrange production runs as long as possible
B. Produce large batches for each product C. Keep the production run short for each product D. None of the above is correct
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