Reference no: EM132296986
True/False
1. Six Sigma is starts with an analysis of internal costs, process flows, and concludes with the DMAIC.
2. ISO: Integrated Operations of Supply, is an discipline to ensure that contract procedures are standardized and follwoed, thus prpmoting the cost efficiences between purchasers and suppliers
3. Grading is a method of determining the quality of a commodity.
Multiple Choice
4. How does the supply chain manager fit into a management's efforts to provide quality service to their customer?
-The supply chain manager has no role in his/her comany's quality program. That is the role of the Quality Department.
-The supply chain manager must supervise the quality management staff, to effectively manage the quality of the parts from their suppliers.
-The supply chain manager's senior executives and the suppliers senior executives are primarily responsible for the quality of good and services between the two companies.
-The supply chain managers have a critical role to ensure that those products and services provided from their supplier base conform to their purchasing needs. They are responsible for ensuring purchasing contracts are correct as written, and they ensure the suppliers are indeed meeting contract requirements which include the quality of the goods and services.
5. Which one of the following is NOT considered an advantage of leasing?
-Obsolescence protection
-Finanacial Leverage
-Lack of total control of the equipment
-Managerial convenience