Few suppliers strategy is the high cost of changing partners

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Reference no: EM131372669

True/False

1. The usual purpose of an R-chart is to signal whether there has been a change in the number of defective items in a sample.

2. Continuous Improvement or Kaizen is based on the philosophy that any operation or process can be improved or made better.

3. Local optimization is a supply chain complications best described as optimizing one's local area without full knowledge of organizational needs.

4. The benefit of inspection to the customer is that it adds value to the product or service.

5. Two characteristics of a JIT partnership include frequent deliveries of small lot quantities and the removal of incoming inspection.

6. ISO 9000 seeks standardization in the use of purchasing terminology.

7. Drop shipments, channel assembly, blanket orders, and postponement are all strategies for better supply-chain management.

8. In order to minimize the total cost of poor quality, companies need only invest in quality assessment (measuring quality).

9. Hidden problems are often uncovered during the process of reducing inventory.

10. A disadvantage to a manufacturer of having a "few suppliers" strategy is the high cost of changing partners.

Reference no: EM131372669

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