TLMT 313 Quiz 2
Quiz #2 for you
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Comment: Quiz had error; points adjusted up
Part 1 of 1 - 100.0 Points
Question 1 of 16
6.25 Points
Early Supply Management involvement often requires policy development from upper management to ensure initial involvement.
A. True B. False
Answer Key: True
Question 2 of 16
6.25 Points
Value engineering is a systematic study of every element of cost in a material, item of equipment, service or construction project that is conducted by design engineering only.
A. True B. False
Answer Key: False
Question 3 of 16
6.25 Points
The design stage provides the greatest opportunity to reduce costs the life cycle costs of products. Supply management and the firm's suppliers have major contributions to make during this process.
A. True B. False
Answer Key: True
Question 4 of 16
6.25 Points
After realizing true costs in the production stage, the design stage provides the second greatest opportunity to reduce costs the life cycle costs of products.
True
A. True B. False
Answer Key: False
Question 5 of 16
6.25 Points
A SM firm views its quality system and the supplier's quality system as two parts of a single integrated system.
A. True B. False
Answer Key: True
Question 6 of 16
6.25 Points
A SM firm views its quality system and the supplier's quality system as two separate systems.
A. True B. False
Answer Key: False
Question 7 of 16
6.25 Points
Supply management personnel often function as facilitators, coordinators, contract administrators, and consultants in procurement of equipment.
A. True B. False
Answer Key: True
Question 8 of 16
6.25 Points
Among the reasons that firms utilize leases are: they would like to purchase the equipment at a later time and the firm wants freedom and flexibility.
A. True B. False
Answer Key: False
Question 9 of 16
6.25 Points
The four formats for statements of work given in the
Return to Assessment List
Comment: Quiz had error; points adjusted up
Part 1 of 1 - 100.0 Points
Question 1 of 16
6.25 Points
Early Supply Management involvement often requires policy development from upper management to ensure initial involvement.
A. True B. False
Answer Key: True
Question 2 of 16
6.25 Points
Value engineering is a systematic study of every element of cost in a material, item of equipment, service or construction project that is conducted by design engineering only.
A. True B. False
Answer Key: False
Question 3 of 16
6.25 Points
The design stage provides the greatest opportunity to reduce costs the life cycle costs of products. Supply management and the firm's suppliers have major contributions to make during this process.
A. True B. False
Answer Key: True
Question 4 of 16
6.25 Points
After realizing true costs in the production stage, the design stage provides the second greatest opportunity to reduce costs the life cycle costs of products.
True
A. True B. False
Answer Key: False
Question 5 of 16
6.25 Points
A SM firm views its quality system and the supplier's quality system as two parts of a single integrated system.
A. True B. False
Answer Key: True
Question 6 of 16
6.25 Points
A SM firm views its quality system and the supplier's quality system as two separate systems.
A. True B. False
Answer Key: False
Question 7 of 16
6.25 Points
Supply management personnel often function as facilitators, coordinators, contract administrators, and consultants in procurement of equipment.
A. True B. False
Answer Key: True
Question 8 of 16
6.25 Points
Among the reasons that firms utilize leases are: they would like to purchase the equipment at a later time and the firm wants freedom and flexibility.
A. True B. False
Answer Key: False
Question 9 of 16
6.25 Points
The four formats for statements of work given in the