A company that sells engineered-to-order products is planning implementation of a supplier relationship management system (SRM) for direct materials. Which of the following factors is most likely to make the implementation difficult?

• A.Cost of the application software upgrades
• B.Resistance of material suppliers
• C.Management of variable lead times
• D.Complexity of the purchasing process

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A company's annual cost of goods sold is $350 million, and inventory carrying cost is 18%. The company averages four inventory turns. The cost savings resulting from increasing inventory turns from four to six would be:

• A.$10,500,000.
• B.$29,000,000.
• C.$ 5,250,000.
• D.$15,750,000.

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For functional products, what is the typical average margin of forecast error at the timeproduction is committed?

• A.1%
• B.10%
• C.200%
• D.25%
• E.40% to 100%

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All of the following are important aspects to consider when evaluating the nature of demandfor products EXCEPT:

• A.product life cycle
• B.product variety
• C.market standards for lead times
• D.production requirements
• E.demand predictability

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An information technology system that couples enterprise resources planning and an advanced planning system would be most appropriate for which of the following types of business operations?

• A.Multiple plants in multiple industries
• B.Multiple plants in the same supply chain
• C.Multiple supply chains of different products
• D.Multiple supply chains of the same product

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