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NEW QUESTION 46
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?

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

Answer: B

NEW QUESTION 47
Which of the following warehousing tools enables wireless scanning of products?

• A. Radio frequency devices
• B. Magnetic stripes
• C. Local area network
• D. Universal product codes

Answer: A

NEW QUESTION 48
Which of the following is the most serious challenge to collaborative planning?

• A. standard protocols for exchanging data
• B. common communication medium
• C. applications for forecasting and planning
• D. motivation to share confidential information

Answer: D

NEW QUESTION 49
A manufacturing company has several inexpensive items that are critical to the production process. The supply of these items has been depleted several times. Which of the following actions is most likely to reduce stockouts?

• A. Assign personnel to manage the items.
• B. Increase minimum inventory levels for the items.
• C. Standardize the items.
• D. Initiate a vendor-managed inventory (VMI) program for the items.

Answer: B

NEW QUESTION 50
Which of the following conditions are most indicative of a company that is effectively managing its cash?

• A. High accounts receivable, high inventory, low accounts payable
• B. Low accounts receivable, low inventory, high accounts payable
• C. High accounts receivable, low inventory, high accounts payable
• D. Low accounts receivable , high inventory, low accounts payable

Answer: B

Explanation:
Section: Implementation and Operations

NEW QUESTION 51
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