9) At each level of a supply chain, an organization can work with many organizations both up and down the supply chain.
10) Each level of a supply chain has a distinct source of revenue.
11) A major factor that affects supply chain performance is the ________.
A) number of work-centers
B) working capital
C) competitors
D) facilities
12) Which of the following is an example of inventory?
A) machinery
B) factory
C) raw material
D) capital
13) Which of the following statements is true of inventory?
A) Managing an inventory requires balancing between availability and cost.
B) Inventory size increases as consumers purchase items.
C) Inventory management decisions are limited to the size of the inventory.
D) Increasing the inventory size always increases a company's profitability.
14) Which of the following factors influences supply chain performance by affecting the ways that organizations in the supply chain request, respond, and update one another?
A) information
B) transportation
C) inventory
D) facilities
15) The ________ is a factor of information that can be transactional, such as orders and order returns, or it can be informational, such as the sharing of inventory and customer order data.
A) purpose
B) means
C) availability
D) direction
16) Which of the following refers to the way organizations share their information?
A) means
B) purpose
C) availability
D) intent
17) ________ refers to the methods by which information is transmitted.
A) Direction
B) Means
C) Purpose
D) Availability
18) As a factor affecting supply chain performance, inventory includes all of the materials in the supply chain, including raw materials, in-process work, and finished goods.
19) Increasing the size of an inventory reduces the cost of the inventory.
20) Decreasing the size of an inventory decreases the odds that an item will be unavailable for purchase.