Take as an example the supply chain of organizations that represent the flow from raw silicon used to make computer chips to the delivery and disposal of the computer itself:

What is illustrated here is but one chain of a set of different component chains that represent a network of suppliers and distributors for a product to manage a supply chain one must:

• A.Rapid flows of accurate information and increased organizational flexibility
• B.Try of efficiently plan material and information flows along each chain to maximize cost efficiency, effectiveness, delivery and flexibility.
• C.All of these
• D.Understand the network of suppliers and customers

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Important way to resolve conflicting objective is:

• A.All statements related ones.
• B.Balance conflicting objectives to minimize the total of all costs involved
• C.Integrated materials management or logistics organization
• D.To provide close coordination of the supply, production and distribution functions.

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For example, the price for a certain type of product must full within a range for the suppliers to be considered .but being considered does not mean winning the order. so win orders a supplier must have characteristics that encourage customers to choose its products and services over competitors. Those competitive characteristics, or combination of characteristics are called

• A.Order winners
• B.Order achievers
• C.Order credentials
• D.Order takers

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Establish the acceptable limits and are usually expressed as the amount of allowable variation about the desired amount is called:

• A.Acceptability
• B.Minority
• C.Tolerances
• D.Charity Act

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The costs those directly associated with the amount produced or sold are called:

• A.Total cost
• B.Average cost
• C.Fixed cost
• D.Variable cost

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