Bill of lading (B/L) documentation includes which of the following?

• A.Contract for shipping and ownership of goods
• B.Description and terms of sale of goods
• C.Means of payment for import/export of goods
• D.Country where goods were produced

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Bullwhip effect can be reduced by which of the following combinations of actions?

• A.Information sharing, frequent ordering, consistent pricing
• B.Shortage gaming, frequent ordering, consistent pricing
• C.Information sharing, frequent ordering, variable pricing
• D.Information sharing, batch ordering, variable pricing

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In order to form a "procurement company" what variable or variables must be isolated tospecific entities within its corporate group?

• A.functions they perform
• B.risks they take
• C.assets they own or have developed
• D.income
• E.all of the above

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A manufacturer can simplify the forecasting process by pooling demand forecasts for a product group and then:

• A.averaging total demand and spreading it evenly across all items.
• B.disaggregating demand to the item level based on historical proportions.
• C.disaggregating demand to the item level based on marketing input.
• D.allocating demand to each production site.

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Which of the following types of relations do most humans naturally assume that systems are?

• A.single-valued
• B.monotonic
• C.linear
• D.multi-valued
• E.continuous

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