Assistance for TLMT 313 AMU quiz 4 Supply chain management American Military University is available at Domyclass
TLMT 313 AMU Quiz 4
Part 1 of 1 –
Question 1 of 10 10.0 Points
Which of the following is not an acquisition cost?
Question 2 of 10 10.0 Points
Which of the following is not a supply chain cost based on the TCO?
Question 3 of 10 10.0 Points
Which of the following is not a common source of prices for a price analysis?
C.Prices from an E-procurement system
D.Independent cost estimates
Question 4 of 10 10.0 Points
Which of the following is not considered a major element that affects a supplier’s cost?
A.Effectiveness of competitors
B.Capabilities of management
C.Efficiency of labor
D.Amount and quality of subcontracting
E.Plant capacity and the continuity of output
Question 5 of 10 10.0 Points
Which is not one of the criteria given in the textbook to determine whether using an FFP type contract is feasible?
A.Specifications are well defined
B.Cost risk is high
C.Schedule risk is low
D.Technical risk is low
E.Competition has established pricing
Which of the following statements is not true about incentive arrangements in contracts?
A.Used to motivate the supplier to control costs
B.Used to encourage good supplier performance
C.Contract price will usually be lower
D.Ceiling price is usually fixed during negotiations
E.Cost responsibility is usually shared
Question 7 of 10 10.0 Points
In preparation for a negotiation, the negotiator must research a variety of issues. Which is not one of the issues presented in the textbook?
A.Possess a technical understanding of the item or service
B.Analyze the relative bargaining positions of both parties
C.Have conducted a price or cost analysis
D.Have alternatives ready to threaten the supplier
E.Be aware of cultural nuances
Question 8 of 10 10.0 Points
Total cost of ownership (TCO) is a philosophy for understanding all supply chain related costs of doing business with a particular supplier for a particular good or service.
Question 9 of 10 10.0 Points
A learning curve is an empirical relationship between the number of units produced and the number of overhead hours required to produce them.
Question 10 of 10 10.0 Points
The cumulative average cost curve is commonly used in price and cost analysis. It plots cumulative units produced against the average direct labor cost or average labor hours required per unit for all units produced.