Operations Management Test #2 55 Correctly Answered Questions Latest Update

Which of the following should NOT be used as assessment criteria to evaluate the purchasing department's performance? a. optimizing the supply base b. participating in value engineering/value analysis efforts c. contributing to new product developments d. lowering inventory turnover rates {Ans: d. lowering inventory turnover rates}A program used to celebrate the achievements of the best suppliers is: a. The Top Quality Management Program (TQM) b. The Supplier Recognition Program c. The Supplier Development Program d. The Evaluation and Certification Program {Ans: b. The Supplier Recognition Program}ISO 9000 certification is described best by which of the following? a. developed by the international organization for standardization for environmental compliance b. a series of purchasing standards developed by Toyota in the 1970s c. a series of management and quality assurance standards in design development, production, installation and services d. a prerequisite for obtaining ISO 14000 certification {Ans: c. a series of management and quality assurance standards in design development, production, installation and services}In a recent U.S. retailer survey, ____ of respondents claimed their organizations were either currently enhancing their ethical sourcing or planned to do so in the future a. 75% b. 92% c. 80% d. 50% {Ans: b.