supplier relationship management
What is supplier relationship management (SRM)? a) Managing customer expectations b) Strengthening relationships with suppliers c) Monitoring employee satisfaction d) Developing marketing campaigns
What is supplier relationship management (SRM)? a) Managing customer expectations b) Strengthening relationships with suppliers c) Monitoring employee satisfaction d) Developing marketing campaigns
What is the primary objective of production scheduling in supply operations? a) Reducing employee workload b) Minimizing production costs c) Ensuring timely production and delivery d) Increasing inventory levels
https://studycreek.com/ Which of the following tools is commonly used for production planning? a) SWOT analysis b) Gantt chart c) Balance sheet d) Pareto chart
Business Question: What does the term “bottleneck” refer to in operations management? a) A point where production slows down b) Excess inventory storage c) High employee turnover d) Increasing demand fluctuations
Business Question: What does the term “cycle stock” refer to? a) Inventory held for emergencies b) Inventory required to meet regular demand c) Excess inventory due to overproduction d) Inventory stored for seasonal demand
Business Question: What is the purpose of aggregate planning? a) Managing daily operations b) Balancing supply and demand over a medium-term horizon c) Reducing supplier dependency d) Increasing product quality
Business Question: Which of the following is a long-term decision in supply operations management? a) Supplier selection b) Daily delivery schedules c) Inventory replenishment d) Customer complaint handling
https://studycreek.com/ Question: Which of the following is NOT a key function of supply operations management? a) Demand forecasting b) Inventory control c) Financial auditing d) Supplier management
Business Question: What is the primary goal of supply operations management? a) Maximizing inventory levels b) Ensuring efficient flow of goods and services c) Increasing marketing effectiveness d) Reducing employee workload
https://studycreek.com/ Question one: What is the “bullwhip effect”? a) Overproduction due to demand changes b) Amplification of demand fluctuations in the supply chain c) Delays caused by poor communication d) Supplier inability to meet orders
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