1. A firm decides to improve its operations efficiency by reducing the costs and delays in transaction processing with partners. Implementing which of the following tools would be most appropriate in this situation?

A) Radio frequency identification (RFID)
B) Electronic data interchange (EDI)
C) Advanced planning and scheduling (APS)
D) Supply Chain Operations Reference (SCORֲ®) model



2. In order to decrease shipping costs, a shipper would take which of the following actions?

A) Utilize less-than-truckload (LTL) shipments vs. truckload (TL)
B) Use a common carrier rather than a contract carrier
C) Decrease the weight shipped and use break-bulk shipments
D) Increase the weight shipped and consolidate shipments



3. Two individuals are travelling by train to the same location, departing from two different cities. Both purchased tickets when they arrived for departure, yet paid different prices. Which of the following pricing strategies was most likely practiced by the train company?

A) Regional pricing
B) Coupons and rebates
C) Product versioning
D) Channel pricing



4. A brewing company recently acquired a trucking company to deliver products to the brewery's distribution centers (DCs). Which of the following terms most accurately describes the firms' relationship?

A) Parallel integration
B) Vertical integration
C) Internal integration
D) Horizontal integration



5. A company wants to reduce lead time while minimizing inventory costs. Which of the following approaches is most appropriate to implement?

A) Make-to-stock
B) Lean
C) Kaizen blitz
D) Six sigma