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Question 57/256

A company has determined that products sold to a large, strategic customer have unacceptable low variable margins. Which of the following strategies should the company use to improve profitability of sales to that customer?

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Question List (256q)
Question 1: A retailer that operates a three-level distribution network ...
Question 2: Which of the following supply chain areas utilize order mana...
Question 3: Which of the following cost elements typically would be incl...
Question 4: Production of a company's highest profit items is dependent ...
Question 5: A company considers moving a portion of its production to a ...
Question 6: Which of the following outcomes is an expected benefit of ef...
Question 7: Which of the following tools is most appropriate to use to d...
Question 8: The European Union (EU) is an example of:...
Question 9: The first information necessary in order to effectively impr...
Question 10: A company recently faced an increase in backorders. The comp...
Question 11: What is the primary benefit of using modular rather than int...
Question 12: Which of the following marketing strategies emphasizes offer...
Question 13: Which of the following factors typically is the most signifi...
Question 14: Which of the following metrics is the most appropriate measu...
Question 15: Improving fill rate is an objective related to which of the ...
Question 16: The factors to consider in the make-or-buy decision include ...
Question 17: Which of the following actions typically would be considered...
Question 18: An organization is redesigning its processes to maximize the...
Question 19: Which of the following consequences are primary objectives i...
Question 20: A firm has identified key benefits for developing a strategi...
Question 21: (Exhibit) A company has prioritized customers A, B, and C, f...
Question 22: Which of the following risks is associated with outsourcing?...
Question 23: A company that has documented the current state of return pr...
Question 24: Which of the following inputs is used in developing a projec...
Question 25: Which of the following tools is most appropriate for underst...
Question 26: A company is seeking to attract recent college graduates as ...
Question 27: A large retailer would like to reduce inventory investment i...
Question 28: Inbound logistics is a supply chain management term used for...
Question 29: Which of the following entities assumes ownership of goods o...
Question 30: Effective collaboration for item replenishment by external s...
Question 31: Producing finished goods in a manufacturing environment has ...
Question 32: Which of the following actions by trading partners would be ...
Question 33: A company has applied lean thinking and tools to its interna...
Question 34: A methodology in which inventory is increasingly likely to b...
Question 35: Which of the following processes ensures that functional pla...
Question 36: A company currently produces a major component and is consid...
Question 37: Which of the following is the most important result when a c...
Question 38: In an advanced planning and scheduling (APS) system, which o...
Question 39: Point-of-sale information fails to measure actual demand mos...
Question 40: Which of the following types of information would be an appr...
Question 41: A manufacturer has direct relationships with its tier 1 supp...
Question 42: Which of the following activities is critical to successful ...
Question 43: A company has recently implemented a vendor-managed inventor...
Question 44: In an assemble-to-order manufacturing environment, the maste...
Question 45: Which of the following distribution strategies is characteri...
Question 46: The most important challenge to consider when sourcing globa...
Question 47: A manufacturer offers a trade-in allowance on a new machine ...
Question 48: The primary business advantage of developing an internationa...
Question 49: A manufacturer of consumer packaged goods with a single plan...
Question 50: The process used to determine the impact of promotions, pric...
Question 51: A company distributes its products through wholesale, retail...
Question 52: A company that has selected the hybrid production method has...
Question 53: A distributor wants to run a promotion on an item that a man...
Question 54: The use of a seasonal index as a forecasting technique measu...
Question 55: A company whose business strategy is to be environmentally r...
Question 56: A company develops annual forecasts for key products and ent...
Question 57: A company has determined that products sold to a large, stra...
Question 58: What is the primary benefit of using a central storage wareh...
Question 59: A company closely monitors supplier performance and notices ...
Question 60: A company most likely would implement a supplier certificati...
Question 61: The production scheduler for a bottleneck resource should:...
Question 62: Which of the following types of alignments between extended ...
Question 63: Which of the following practices has improved management of ...
Question 64: Throughout most of the supply chain, safety stock will be de...
Question 65: One of the drawbacks to using ISO 26000 is that it:...
Question 66: When designing a supply chain for strategic advantage, a com...
Question 67: Overall supply chain risk may be increased by implementing w...
Question 68: Which of the following actions is most appropriate to take w...
Question 69: The most cost-effective way to increase the velocity of good...
Question 70: On-time delivery performance in the supply chain can best be...
Question 71: A juice manufacturer wants to determine the time required to...
Question 72: A manufacturer is the leader of a group of trading partners ...
Question 73: A company has an asset turnover ratio of 1.8, inventory of $...
Question 74: Implementing customer relationship management (CRM) will ena...
Question 75: When choosing a supplier in a market-responsive supply chain...
Question 76: A company is concerned that a component in their product cou...
Question 77: A company that produces a set of standard products, which ar...
Question 78: The purpose of Incoterms is to establish common:...
Question 79: Which of the following measures of a supply chain performanc...
Question 80: Which of the following characteristics are reflective of a r...
Question 81: Which of the following metrics is the most appropriate measu...
Question 82: Variability in product design can best be reduced by:...
Question 83: Which of the following actions by a manufacturer most likely...
Question 84: A company plans to maximize profitability by charging more f...
Question 85: Due diligence for conflict- or high-risk-materials should in...
Question 86: Which of the following actions is most likely to improve the...
Question 87: In large supply chain transformation efforts, companies ofte...
Question 88: Which of the following benefits would a company realize by i...
Question 89: A company's annual cost of goods sold is $350 million, and i...
Question 90: Which of the following design approaches is best suited for ...
Question 91: A company that has consistently achieved a high level of on-...
Question 92: What is the inventory turnover for a company with the follow...
Question 93: Which of the following situations is an example of postponem...
Question 94: The most stringent measurement of fill rate to support produ...
Question 95: Which of the following criteria are important when establish...
Question 96: One of the difficulties in purchasing services is to:...
Question 97: An advanced planning system differs primarily from enterpris...
Question 98: A shipping company investing to reduce damages due to weathe...
Question 99: A company plans to implement a new software application for ...
Question 100: An advantage of using a third-party logistics service (3PL) ...
Question 101: When a company works on controlling stockout frequency, the ...
Question 102: Which of the following statements about warehouse layout and...
Question 103: Which of the following actions is in accordance with the Ten...
Question 104: A large manufacturer wanting to be more competitive in the g...
Question 105: Which of the following factors is a key motivation for suppl...
Question 106: In distribution requirements planning (DRP), projected on-ha...
Question 107: Which of the following measures best describes fill rate?...
Question 108: A manufacturer experiences frequent changes in product techn...
Question 109: A company originally based in Germany sets up companies in I...
Question 110: A new distribution warehouse is added to an existing supply ...
Question 111: A firm has increased finished-goods inventories for several ...
Question 112: An effective procurement strategy for commodity products sho...
Question 113: Which of the following actions typically is most important w...
Question 114: Which of the following statements defines the function of th...
Question 115: Which of the following is the key benefit obtained by using ...
Question 116: Bar codes and radio frequency identification systems are key...
Question 117: Which of the following objectives is a critical measure of d...
Question 118: Which type of purchase is best suited for single sourcing wi...
Question 119: An item must be added to inventory to support new business. ...
Question 120: A corporation must consider which of the following factors w...
Question 121: The practice of purchasing items in large quantities and req...
Question 122: After identifying the potential causes for delays in communi...
Question 123: A well-grounded program in which a company focuses on custom...
Question 124: Which of the following factors is the key determinant of saf...
Question 125: Which of the following metrics compares the cost of goods so...
Question 126: The best way to manage a business relationship is to measure...
Question 127: One key factor to consider when selecting suppliers for thei...
Question 128: Which of the following areas of concern is an important stra...
Question 129: A company is determining where it should manufacture a produ...
Question 130: Activity costing (ABC) is an example of:...
Question 131: Which of the following variables is the most appropriate cus...
Question 132: A company wants to implement a system for managing environme...
Question 133: Which of the following factors is the most important driver ...
Question 134: The most appropriate reason for a business to comply with th...
Question 135: An organization is striving to improve the transfer of multi...
Question 136: A company recently implemented a new supplier rating system....
Question 137: A company redesigning their supply chain should review which...
Question 138: A firm has determined its cash-to-cash cycle time to be 60 d...
Question 139: Which of the following actions by trading partners will like...
Question 140: Which of the following tools will facilitate greater collabo...
Question 141: Which of the following consequences is typical of a push-bas...
Question 142: Which of the following activities is included in the source ...
Question 143: The Delphi forecasting method offers which of the following ...
Question 144: Which of the following risks does currency fluctuation pose ...
Question 145: A sales and marketing directory who wants to transform a com...
Question 146: A company most likely would consider moving a portion of its...
Question 147: A company has decided to source, manufacture, and distribute...
Question 148: Which of the following strategies would increase overall sup...
Question 149: Customer demand is 120 units per week. The company works on ...
Question 150: Which of the following strategies is used primarily for dema...
Question 151: A manufacturing company has several inexpensive items that a...
Question 152: Which of the following terms represents a time series foreca...
Question 153: Which of the following objectives is a major principle of th...
Question 154: The primary reason for a firm to pursue strategic supply cha...
Question 155: Keeping all other factors equal, a company typically will tr...
Question 156: When developing a supply chain strategy, which of the follow...
Question 157: Companies are more likely to consider the consequences of th...
Question 158: The probability of customer dissatisfaction is highest when ...
Question 159: A new supplier in a different country will offer substantial...
Question 160: The most likely benefit of implementing a collaborative tran...
Question 161: Which of the following statements best identifies the value ...
Question 162: Sell-side e-commerce must include:...
Question 163: A key concept distinguishing six sigma from lean manufacturi...
Question 164: The purchasing manager of a company wants to minimize stock-...
Question 165: An effective company strategy results when combining innovat...
Question 166: A warehouse supervisor has discovered a shortage of material...
Question 167: Which of the following processes would a company use to eval...
Question 168: A supplier has decided to improve its forecast accuracy by r...
Question 169: Which of the following types of risk typically would be most...
Question 170: Which of the following statements about the use of bar code ...
Question 171: Value stream mapping provides the most benefit during which ...
Question 172: A main benefit of using customer relationship management (CR...
Question 173: Supply chain disruption avoidance measures typically are bas...
Question 174: An operations manager wants to measure variability in the de...
Question 175: Which of the following activities is forbidden in a free tra...
Question 176: Which of the following characteristics typically is required...
Question 177: Which of the following activities is the most appropriate us...
Question 178: Which of the following strategies can be used to help mitiga...
Question 179: Which of the following statements is true when selecting the...
Question 180: The customer who provides point-of-sale data remains the sol...
Question 181: Which of the following descriptions represents cash-to-cash ...
Question 182: A company has a single manufacturing facility. It distribute...
Question 183: A manufacturer of innovative products needs to focus on whic...
Question 184: Potential customers of a company's new product have tight to...
Question 185: Organizations can take which of the following actions as an ...
Question 186: The purpose of the Global Reporting Initiative (GRI) is to s...
Question 187: A company that sells 60 units of product in a given year and...
Question 188: A firm is undertaking a revision of its financial metrics to...
Question 189: Which of the following conditions are most indicative of a c...
Question 190: In the Supply Chain Operations Reference (SCOR) model, which...
Question 191: A key assumption of the economic order quantity (EOQ) is tha...
Question 192: Compared to mass-media marketing, customer relationship mana...
Question 193: The social dimension of sustainability typically would be ad...
Question 194: Which of the following documentation represents a carrier's ...
Question 195: The diagram below shows the process of manufacturing of item...
Question 196: A distribution requirements planning (DRP) system it impleme...
Question 197: Which of the following strategies is most appropriate for ma...
Question 198: Risk pooling enables a lower total inventory level without a...
Question 199: One of the key benefits of adopting a lean supply chain phil...
Question 200: A company has adequate average available capacity but does n...
Question 201: Which of the following principles is included in the United ...
Question 202: Which of the following actions most likely will increase mar...
Question 203: The process of continuous improvement can be defined best as...
Question 204: Electronic data interchange (EDI) is best defined as a:...
Question 205: The ABC classification system answers which two of the follo...
Question 206: Using financial tools to minimize the impact of currency flu...
Question 207: Companies with manufacturing facilities in one country are m...
Question 208: A firm purchases a product requiring high quality, but it is...
Question 209: A procurement manager wants to reduce costs on commodity ite...
Question 210: The voice-of-the-customer (VOC) approach is used most approp...
Question 211: A firm has captured the following information for a product ...
Question 212: Which of the following types of competitive strategies most ...
Question 213: A company that is effectively managing its cash will have wh...
Question 214: Value stream mapping provides the most benefit when:...
Question 215: Which of the following attributes is an advanced functionali...
Question 216: A work center's demonstrated capacity for the last week was ...
Question 217: Which of the following considerations is an important supply...
Question 218: Which of the following elements of total quality management ...
Question 219: Which of the following effects is most likely to occur for a...
Question 220: The primary reason for having supply contracts appropriate f...
Question 221: In a make-or-buy decision, if the product is modular and the...
Question 222: Which of the following levels in a supply chain network repr...
Question 223: Total annual profit typically is highest at what stage of th...
Question 224: Which of the following statements about functional products ...
Question 225: A company that produces standardized products and sells them...
Question 226: Benchmarking a firm's performance against industry competito...
Question 227: Raw material costs have been rising and much of the inventor...
Question 228: The practice of supply chain members acting in close collabo...
Question 229: Which of the following actions is most likely to increase to...
Question 230: The ultimate goal of a supply contract is to achieve which o...
Question 231: For an item with high profit impact and low supply risk, wha...
Question 232: To achieve the objective of increased profits, a company tha...
Question 233: What is the primary role of marketing in supporting supply c...
Question 234: Increased collaboration and access to channel partner compet...
Question 235: A firm supplies products and services to a wide variety of i...
Question 236: When of the following outcomes is achieved through the reduc...
Question 237: Customizing can be an effective warehousing strategy because...
Question 238: In an advanced planning system, which of the following modul...
Question 239: Which of the following factors typically is most important i...
Question 240: A large wholesaler formerly owned a number of delivery truck...
Question 241: Which of the following transportation modes has the highest ...
Question 242: Which of the following attributes typically makes reverse lo...
Question 243: When an importer and manufacturer are operating in a free tr...
Question 244: Which of the following actions typically would be the first ...
Question 245: When evaluating several possible supply chain options, a fir...
Question 246: A manufacturer uses standard costing, and a potential suppli...
Question 247: In which of the following forms of electronic commerce do su...
Question 248: Which of the following statements regarding intellectual pro...
Question 249: A company's cash-to-cash cycle time is 36 days. How many wee...
Question 250: A company has designed its supply chain so that financial lo...
Question 251: The purpose of continuous improvement in the supply chain is...
Question 252: Which of the following processes enables joint planning of k...
Question 253: Which of the following relationship activities is most impac...
Question 254: Transforming company policies into objectives and specific g...
Question 255: Which of the following costing approaches directly reflects ...
Question 256: A company would like to benchmark its inventory levels again...