1.  Which of the following is not a basic area of consideration in supplier management?

a) Supplier relationships

b) Selection of suppliers

c) Cross-docking

d) Certification and auditing

2. inventories exist because materials must be moved from one location to another.

a) Buffer

b) Anticipation

c) Transit

d) Cycle

3. Which of the following costs includes taxes, insurance on buildings, depreciation of buildings, and maintenance and repairs?

a) Capital costs

b) Risk costs

c) Ordering costs

d) Storage costs

4. Moore’s law states that:

a) The value of a network increases with the square of the number of elements connected to it

b) Computing power doubles every 18-24 months

c) If anything can go wrong, it will, and usually at the most inappropriate moment

d) A project will always take longer than expected, even after taking into account Metcalfe’s Law.