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1. A supply chain that involves suppliers of raw materials in Germany, manufacturers in China, distributors in Spain, and retailers in the United States has ______ different levels or stages.

A. 5

B. 4

C. 3

D. 2

2. Company A provides corn to Company B to make into corn syrup. Company B sells its corn syrup to Company C, who makes ice cream for sale at Company D. Company A is a ___________ in the supply chain of ice cream.

A. tier 2 supplier

B. tier 1 supplier

C. manufacturer

D. retailer

3. As demand increases, the optimal economic order quantity increases at the same rate of demand.  True or False?

4. A firm's ordering cost per year is independent of its order quantity decision. True or False?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92589229

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