Which of the following does research indicate to be true about setting objectives?

• A.most companies actually set an appropriate number of objectives
• B.most companies don't have any objectives
• C.most companies set too few
• D.most companies set too many

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Which of the following is a recurring theme for well run supply chains?

• A.activity-based costing
• B.point-of-sale (POS) system
• C.cross-functional teams
• D.RFIDs

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One of the key benefits of adopting a lean supply chain philosophy is the reduction of inventories that allow:

• A.decreased obsolescence.
• B.lower transaction costs.
• C.freeing up working capital for investment.
• D.reduced material handling surcharges.

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Supplier certification procedures verify that a supplier:

• A.is ISO certified.
• B.implements, documents, and improves procedures related to customer requirements.
• C.tracks manufacturing processes, including bills of material and routings to support the processes.
• D.manufactures products to the specifications shown on engineering documents and bills of material.

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In order to be counted "perfect" when calculating the perfect-order measure, in addition to theorder containing the correct goods, which of the following must also be perfect?
I. order must ship complete
II. order must arrive on-time
III.
paperwork associated with order must be accurate and complete

• A.I and II
• B.II
• C.II and III
• D.I
• E.I, II and III

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