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