1. When making the decision to either make an item yourself or to purchase it from an outside supplier the supply chain manager often uses the decision making tool called
Breakeven Analysis.
Center of Gravity Model.
ABC Analysis.
Weighted Factor Analysis.
2. Good reasons to make an item yourself rather than purchase it from an outside supplier include the following EXCEPT ____________.
To protect proprietary technology or processes.
It’s less expensive.
It’s your core competence.
It's what your competitors are doing.
You are unable to identify a qualified supplier.
3. True or false? With regard to manufacturing locations, recent trends are towards near shoring and insourcing.
True.
False.
4. Risks of outsourcing can include ________________.
legal problems.
hidden costs.
incompatible cultures.
unexpected financial burdens.
loss of managerial control.
All of the above.
5. In a joint venture the following are commonly shared with a partner or partners: _______.
Risks.
Benefits.
Costs.
Profits.
Expertise.
All of the above.