ori0sr2022, 00:18, Your Results for: Site ‘Your Rasuls for “TruaFalsa’ 'True/ False" Print this page: Introduction to Operations and Supply Chain Summary of Results Management, 3e (International edition) Book Title: Introduction to Operations and Supply Chain Management, 3/e (International Edition) 60% Correct of 10 Scored items: 6 corect: EEE 60% 4 Incorrect: MI 40% Book Author: Bozarth Location on Si Chapter 7: Supply Management > Online More info ation about scorin Study Guide > True/False Date/Time August 31, 2022 at 6:46 PM (UTC/GMT) Submitted: 1. Gir ‘A company ends their fiscal year with a sales level of $1,000,000. Curious analysts will examine the company's cost of goods sold figure to see how much the company paid for items that it sold to its customers. Your Answer: True CORRECT. UCO forms a committee to decide whether they should save a dollar in the purchasing process or increase sales by a dollar. After bi-weekly meetings over the course of a year, the committee concludes that it doesn't matter, both actions result in the same net. benefit to the firm, Your Answer: True Correct Answer: False INCORRECT. A dollar saved results in greater benefit than a dollar increase in sales; the latter will add a much smaller amount to the bottom line. A hospital went to great expense to install a patient bedside monitoring system in the cardiac care unit, They chose a SpaceCrabs system after extensive testing and evaluation of four different (and incompatible) manufacturers’ systems. When it came time to expand the unit by a dozen patient beds, it was also necessary to expand their patient monitoring system. This hospital should use a description by performance characteristics to place this order. Your Answer: True Correct Answer: False INCORRECT. The systems originally under consideration are incompatible, so the hospital should specify SpaceCrabs as the producer, which would be description by brand. ‘A request for quotation is prepared by the company doing the purchasing, not by the company doing the selling Your Answer: True CORRECT. oned.co.uklema._je_bozarth_intopscman_9/229/57293/14667188.cwrindex html 118‘0170872022, 00:16 Supplier S has entered into a cost-based contract with purchaser P to supply a year's worth of transportation services. Even though the price for a gallon of gasoline skyrocketed, supplier S is unconcerned due to the nature of the contract. Your Answer: True CORRECT. Jane Bonnell sighed as she examined the latest files submitted by her online supplements author. Once again he had delivered a crisp set of questions on time and with his usual level of accuracy and panache. She often wondered if he was being adequately ‘compensated, especially in comparison to other supplement authors. Jane had mounds of data to plow through as she tussled with questions such as what activities cost PH industries the most, how current expenditures compared with historical ones, and how PH industries’ purchasing performance could be improved. ‘The best term for the activity Jane is performing is spend analysis. Your Answer: True CORRECT. And a fine job of spend analysis she is doing! Indirect costs cannot be assigned to a product, Your Answer: True Correct Answer: False INCORRECT. They can be assigned, although the decision process is not as easy as it is, for direct costs. Portfolio analysis is driven by 1) the relative complexity (or risk) and 2) the value potential of the product or service under consideration for outsourcing. Your Answer: True CORRECT. Company A and Company 8 reach an agreement. Company A uses Company B to provide {a service for them. Company B uses Company A to provide a service for them. This. relationship is an example of cross sourcing. ‘Your Answer: True Correct Answer: False INCORRECT. Cross sourcing is the use of two different outsourcing partners for two different products/services. These partners could both provide both of the outsourced products/services and would be well-positioned to do so should one falter. hitps:lwps.pearsoned.co.uklema._je_bozarth_intopscman_9/229/57299/14667188.curindex him!ori0sr2022, 00:18, Your Results for “Trusso! 10. GEEEEEE Single sourcing reduces the variability in products that often occurs with multiple sourcing. Your Answer: True CORRECT. E-mail Your Results My name is (First last) E-mail my results to E-mail address: Send as: Ome Text v D instructor Text v Om Text v O other Text v Helo, E-mail Results Copyright © 1995-2013 Pearson Education. All rights reserved. ‘Legal and Privacy Notice hitps:lwps.pearsoned.co.uklema._je_bozarth_intopscman_9/229/57299/14667188.curindex him!