Purchasing And Supply Chain Management MCQ

When objects contain pointers, it is a good idea to create an explicit ________ function.

Destructor

Copy constructor

Static constructor

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Outsourcing followed by __________ is not simple.

Backsourcing

Outsourcing

B2B

E-commerce

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Product design and process selection are examples of _______ decisions.

Financial

Tactical

System design

System operation

Forecasting

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The ______ is erratic shifts in orders up and down the supply chain.

Demand forecast effect

Supply forecast effect

Bullwhip effect

Inventory effect

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Vendor analysis is the examination of the _________ of purchased materials.

Function

Source

Quality

Cycle

Quantity

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In the risk management strategy known as risk ________, you offload the risk to a third party.

Avoidance

Acceptance

Mitigation

Approval

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A(n) _____ is a document used to solicit proposals from prospective suppliers.

RFP

CPFF

CPIF

CPPC

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Beyond substituting for direct management supervision, __________ is often used to simplify jobs.

Systematization

Institutionalization

Standardization

Coordination

Formalization

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