Supply Chain Ch. 5 Supplement

True

A design for disassembly cost-benefit analysis compares the amount of revenue that might be reclaimed against the cost of disposing of the product at its end-of-life

B. Design 2

A firm is considering five different product designs. Data concerning the design for disassembly for each of the designs are provided in the table below. Which design appears to be the best environmental design based on revenue retrieval opportunity? Product Design Resale Revenue per Unit Recycling Revenue per Unit Processing Cost per Unit Disposal Cost per Unit 1 $30.00 $12.00 $15.00 $40.00 2 $10.00 $10.00 $3.00 $1.00 3 $5.00 $55.00 $48.00 $10.00 4 $4.00 $2.00 $1.00 $0.50 5 $42.00 $3.00 $8.00 $32.00 A) Design 1 B) Design 2 C) Design 3 D) Design 4 E) Design 5

False

A measure of the total greenhouse gas emissions caused directly or indirectly by an organization, a product, an event, or a person is the nitrogen footprint.

ISO 14000

A series of environmental management standards established by the International Organization for Standardization is called ________ .

Life cycle assessment

Analysis of environmental impacts of products from the design stage through end-of-life is known as ________.

A. raw material, energy, water, and waste

Companies can improve the triple bottom line with sustainability by minimizing what four things? A) raw material, energy, water, and waste B) raw material, transport, manufacture, and disposal C) people, planet, profit, and pollution D) pollution, carbon footprint, profit, and people E) lawsuits, advertisements, coupons, and layoffs

Corporate Social Responsibility (CSR)

Companies that practice ________ introduce policies that consider environmental, societal, and financial impacts in their decision making.

Environmental, Societal, and Financial

Corporate social responsibility involves managerial decision making that considers what three impacts?

E. environmental, societal, and financial

Corporate social responsibility involves managerial decision making that considers what three impacts? A) environmental, legal, and financial B) environmental, legal, and societal C) educational, environmental, and societal D) societal, legal, and financial E) environmental, societal, and financial

disassembly

Design for ________ encourages designers to create products that can be taken apart and whose components can be recovered, minimizing impact on the environment

True

Economic sustainability means appropriately allocating scarce resources to make a profit

True

Firms that do not consider the impact of their decisions on all of their stakeholders see reduced sales and profits

False

ISO 9000 is a series of environmental management standards that contain five core elements.

environmental management, auditing, performance evaluation, labeling, and life cycle assessment

Identify the five core elements of ISO 14000

(1) moving some of the common to private property; (2) allocation of rights; (3) regulation

Identify three ways in which society is trying to address the misallocation of resources held in the common

Prices

Inputs to a production system that are held in the common do not have market ________.

Common

Inputs to a production system that do not have market prices are those held in the ________

True

Internet-based technologies today allow consumers, communities, public interest groups, and regulators to be well informed about an organization's performance.

False

Life cycle assessment determines which stage of the product life cycle that the product currently is in.

False

Managerial decision making that considers environmental, societal, and financial impacts is known as sustainability.

False

Meeting the needs of the present without compromising the ability of future generations to meet their needs is known as corporate social responsibility.

True

One environmentally friendly approach to product design is to use lighter components.

C. people, planet, and profit

One way to think of sustainability is to consider the systems necessary to support the triple bottom line of the three Ps, which are: A) price, promotion, and product. B) people, places, and products. C) people, planet, and profit. D) price, promotion, and profit. E) people, pollution, and profit.

Energy, water, and environmental contamination

Opportunities to reduce environmental impact during production typically revolve around the three themes of ________.

B. using less energy

Products are more "environmentally friendly" when they are made: A) using cheaper materials. B) using less energy. C) according to OSHA standards. D) where environmental regulations are lax. E) more difficult to disassemble.

E. the common

Resources held by the public are also said to be held in what? A) escrow B) the system C) contempt D) perpetuity E) the common

True

Reuse is one of the 3 Rs for sustainability

True

Social and environmental sustainability do not exist without economic sustainability.

True

Some governments are implementing laws that mandate the outright reduction of GHG emissions by forcing companies to pay taxes based on the amount of GHG emissions that are emitted.

C. $9.00

Suppose that a firm has made the following computations for its design for disassembly: processing cost per unit = $12.00, disposal cost per unit = $6.00, resale revenue per unit = $20.00, and recycling revenue per unit = $7.00. What is the revenue retrieval for this product? A) $27.00 B) $8.00 C) $9.00 D) $1.00 E) $20.00

True

Sustainability is often associated with corporate social responsibility.

Cap-and-trade

The European Union Emissions Trading System works on the ________ principle.

D. cap-and-trade

The European Union Emissions Trading System works on what principle? A) Thatcher's Theory of the Commons B) pollute-and-pay C) socialism D) cap-and-trade E) tax the richer companies more to pay for pollution control

False

The UNFCCC works on the "cap-and-trade" principle.

B. an organization, a product, an event, or a person

The carbon footprint is defined as a measure of total greenhouse gas emissions caused directly or indirectly by what four things? A) a factory, an office building, a warehouse, or a truck B) an organization, a product, an event, or a person C) an organization, a product, an animal, or a person D) an organization, a government, a product, or a person E) a product, an event, a person, or an animal

Greenhouse gas emissions

The carbon footprint measures total ________ caused directly or indirectly by an organization, a product, an event, or a person.

True

The operations manager's greatest opportunity to make substantial contributions to the company's environmental objectives occurs during product life cycle assessment.

Sustainability

The term ________ refers to meeting the needs of the present without compromising the ability of future generations to meet their needs

True

Those resources held in the common are often misallocated

Social accounting

To support economic sustainability, firms may supplement standard financial accounting and reporting with some version of ________.

Employees, customers, community, and the company's reputation

True sustainability involves thinking not only about environmental resources but also about what additional aspects?

False

UPS plans its truck routes with the fewest possible right turns.

C. EUETS

What allows companies in Europe to buy and sell allowances for the right to pollute? A) UNFCCC B) ISO 9000 C) EUETS D) ISO 14000 E) EPA

D. reduce, reuse, recycle

What are the 3 Rs for sustainability? A) reduce, reuse, and reclaim B) reduce, reproduce, and recycle C) reproduce, reuse, and recycle D) reduce, reuse, and recycle E) reduce, reclaim, and recycle

C. corporate social responsibility

What does CSR stand for? A) consumer sustainability requirements B) critical sustainability ratio C) corporate social responsibility D) corporate sustainability record E) corporate society ratio

E. International Organization for Standardization

What does ISO stand for? A) Industry Standards Organization B) International Safety Organization C) Industrial Safety Organization D) International Standards for Oxygen E) International Organization for Standardization

D. UN Framework Convention on Climate Change

What does UNFCCC stand for? A) United National Federation Council on Climate Change B) UN Federation for Climate Change Cooperation C) Uniform National Framework Climate Change Code D) UN Framework Convention on Climate Change E) UN Foundation for the Consequences of Climate Change

E. carbon footprint

What is a measure of total greenhouse gas emissions caused directly or indirectly by an organization, a product, an event, or a person? A) radioactive decay B) nitrogen footprint C) ozone factor D) pollution index E) carbon footprint

D. improved reputation

What is sometimes referred to as the fourth "R" of sustainability? A) reclaim B) recover C) renew D) improved reputation E) reproduce

Revenue retrieval = Total resale revenue + Total recycling revenue - Total processing cost - Total disposal cost

What is the formula for revenue retrieval of a product that has reached the end of its life?

A. product design

What is the most critical phase in product life cycle assessment? A) product design B) purchasing C) production D) shipping E) disposal

D. 95%

What percentage of the 2012 Mercedes S-class is recyclable? A) 25% B) 50% C) 75% D) 95% E) 100%

A. 0%

What percentage of the manufacturing process from Subaru's Lafayette, Indiana, plant goes to the landfill? A) 0% B) 2% C) 5% D) 12.5% E) 15%

B. life cycle assessment

What refers to analysis of environmental impacts of products from the design stage through end-of-life? A) ISO 14000 B) life cycle assessment C) carbon footprint D) economic sustainability E) closed-loop supply chain analysis

B. economic sustainability

What refers to how companies remain in business? A) corporate social responsibility B) economic sustainability C) carbon footprint D) sustainability E) closed-loop supply chains

B. a systems view

What refers to looking at a product's life from design to disposal, including all the resources required? A) the commons B) a systems view C) the triple bottom line D) DD analysis E) carbon footprint

D. sustainability

What refers to meeting the needs of the present without compromising the ability of future generations to meet their needs? A) corporate social responsibility B) economic sustainability C) carbon footprint D) sustainability E) closed-loop supply chains

C. closed-loop

What type of supply chains consider forward and reverse product flows over the entire life cycle? A) two-pronged B) life cycle C) closed-loop D) socially responsible E) end-to-end

E. all of the above are true

Which of the following is true about ISO 14000 certification? A) It can reduce exposure to liability. B) It deals with environmental management. C) It offers a good systematic approach to pollution prevention. D) One of its core elements is life cycle assessment. E) All of the above are true.

True

Within environmental regulation, the "cap-and-trade" principle essentially allows companies to buy and sell the right to pollute.

C. emission allowances

Within environmental regulation, the "cap-and-trade" principle produces a market that allows companies to purchase and sell what? A) hats that promote environmental awareness B) shares of stock in renewable energy sources C) emission allowances D) space in landfills E) carbon reduction sweepers

Lighter or Alternative

________ materials translate into better fuel economy, fewer carbon emissions, and reduced operating cost.

Internet-Based

________ technologies today allow consumers, communities, public interest groups, and regulators to be well informed about an organization's performance