Exam (elaborations)
MNB1601 Assignment 5 2024| Due 21 October 2024
- Course
- Institution
MNB1601 Assignment 5 21 October 2024
[Show more]
Seller
Follow
Thandolowethu
Reviews received
Content preview
Started on Monday, 15 July 2024, 11:09 PMState Finished
Completed on Monday, 15 July 2024, 11:35 PM
Time taken 25 mins 44 secs
Marks 23.00/25.00
Grade 95.00 out of 100.00
Question 1
Incorrect
Mark 0.00 out of 1.00
Flag question
Question text
During which step of the purchasing and supply cycle is communication and good relations especially
important?
Select one:
a.
Handling errors and discrepancies
b.
Receipts, inspection and distribution
c.
Follow-up and expediting
d.
Issuing the order
Feedback
The correct answer is: Handling errors and discrepancies
Question 2
Correct
Mark 1.00 out of 1.00
Flag question
Question text
In modern organisations like Toyota the purchasing function forms an inherent and integrative part of an
integrated supply chain. A supply chain consists of purchasing (inputs or sourcing), the operational
process (assembling or transformation) and distribution of half-finished or finished consumer goods. The
purpose of Toyota’s purchasing and supply function is not only to provide the right materials, services
and equipment, but also to _____________________ .
Select one:
a.
retain the market share by providing products to consumers that satisfy their needs.
b.
ensure that they are purchased at a reasonable price, satisfy quality requirements and are received in the
correct quantities at the right place and time.
c.
,manage and select appropriate suppliers who can deliver the required materials within the specified time
frames.
d.
manage the planning, organising, leading and controlling of all activities relating to the purchasing of
materials and services.
Feedback
The correct answer is: ensure that they are purchased at a reasonable price, satisfy quality requirements
and are received in the correct quantities at the right place and time.
Question 3
Correct
Mark 1.00 out of 1.00
Flag question
Question text
The purchasing process consists of several steps. During which step would the materials be taken up as
inventory?
Select one:
a.
Receipt, distribution and inspection
b.
Handling errors and discrepancies
c.
Closing the order
d.
Paying for the order
Feedback
The correct answer is: Receipt, distribution and inspection
Question 4
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Kabelo is responsible for ordering the materials required to produce leather goods at the factory where he
works. He makes use of a system where he only needs to focus on a specific item when the inventory
levels of that item reach the set ordering point. To make it even more convenient for Kabelo, he orders
the same quantity every time he orders inventory. Which inventory-control system does Kabelo use?
Select one:
a.
The system of fixed-order quantities
b.
The cyclical-ordering system
c.
The materials-requirements planning system
, d.
The just-in-time system
Feedback
The correct answer is: The system of fixed-order quantities
Question 5
Incorrect
Mark 0.00 out of 1.00
Flag question
Question text
Carol is the quality controller for J’Divine, a popular wedding photography business. It is her
responsibility to ensure that the photo books which are sent out to customers meet stringent quality
requirements. Carol makes use of _____________ to describe the required quality of the books and
_____________ to control the quality of the photo books.
Select one:
a.
inspection; standardisation
b.
specifications; inspection
c.
specifications, standardisation
d.
inspection; specifications
Feedback
The correct answer is: specifications; inspection
Question 6
Incorrect
Mark 0.00 out of 1.00
Flag question
Question text
Tebogo is the purchasing and supply manager at Cross Pharmacy, a large national chain of pharmacies.
He has secured a contract with a French beauty brand for the exclusive distribution of their products in
South Africa. To facilitate the distribution of these products in South Africa, Tebogo (who is situated at
Cross Pharmacy’s headquarters) will be responsible for all of the purchasing. This arrangement will not
influence the purchasing of other beauty brands stocked by the pharmacies and each branch will continue
to manage their own purchases. Which type of purchasing and supply structure is described here?
Select one:
a.
A centralised purchasing and supply structure
b.
A decentralised purchasing and supply structure
c.
A combination of centralised and decentralised purchasing and supply functions
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Thandolowethu. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.83. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77254 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now