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Which of the following modes of transportation BEST promotes international trade and offers a low cost option for transporting large quantities of product?
Which of the following modes of transportation BEST promotes international trade and offers a low cost option for transporting large quantities of product?A . O PipelineB . O Motor carriageC . O RailD . MarineView AnswerAnswer: C Explanation: The line count fill rate is calculated by dividing the number of...
Which of the following information should be of GREATEST concern to the buyer?
A buyer is reviewing a quote for a shipment of electronic materials from Europe to Africa. The supplier offers a reasonable price for the materials and plans to deliver them using its regular shipping service. The terms are such that the buying company takes possession of the goods once they...
Which of the following is the PRIMARY point the report should address?
A company requires a physical tracking system for goods received and handled in its warehouse. The firm's executive management requests a report to justify funding for the tracking system. Which of the following is the PRIMARY point the report should address?A . Training opportunities on scanner technologyB . Waste stream...
In sourcing packaging for industrial purposes, which of the following will be MOST useful for monitoring price behavior?
In sourcing packaging for industrial purposes, which of the following will be MOST useful for monitoring price behavior?A . Consumer Price Index - All ItemsB . Producer Price Index - Intermediate MaterialsC . Producer Price Index - Finished GoodsD . Consumer Price Index - All Items Less Food & EnergyView...
Which of the following Incoterms® 2020 rules should be used if the firm wants risk to transfer at the manufacturing plant?
A company purchases raw materials from a domestic supplier that offers competitive overland transportation rates. The firm requires the goods be delivered to its manufacturing plant. Which of the following Incoterms® 2020 rules should be used if the firm wants risk to transfer at the manufacturing plant?A . CIPB ....
An organization purchases material from several countries. These materials are assembled into products and sold in several other countries.
An organization purchases material from several countries. These materials are assembled into products and sold in several other countries. This firm's product specifications will MOST likely referenceA . International standardsB . Incoterms® 2010 rulesC . North American Free Trade ActD . exchange ratesView AnswerAnswer: A Explanation: For a firm purchasing...
Given this situation, which of the following will ensure that the firm has the proper planning in place?
A manufacturer of gas-powered motors realigns its supply chain to fit a new business segment. In the past, the firm focused on customized designs. Now, it wishes to compete in the electric motor market, which is highly competitive and price-sensitive. Given this situation, which of the following will ensure that...
Which of the following circumstances MOST warrants expediting?
Which of the following circumstances MOST warrants expediting?A . A new order placement for standard inventory partsB . A purchase order for a part under evaluation for an engineering changeC . A purchase order that is currently past due from the supplierD . A purchase order for parts with a...
Which of the following will be MOST helpful in resolving this problem?
A supply manager learns that parts used in manufacturing are arriving scratched and must be polished before use, thereby hampering production. Sending the parts back to the supplier is not an option, as they are needed to meet increased demand. Which of the following will be MOST helpful in resolving...
A warehouse manager notices that there has been a constant shortage of 4K TVs for the last few months. An investigation finds that the TVs have been stolen, even though warehouse access is strictly controlled by employee ID badge.
A warehouse manager notices that there has been a constant shortage of 4K TVs for the last few months. An investigation finds that the TVs have been stolen, even though warehouse access is strictly controlled by employee ID badge. In this situation, the warehouse manager's FIRST course of action should...
