Question 1

Supply chain management focuses on integrating and managing the flow of

Accepted Answer

A)  services.
B)  information.
C)  goods.
D)  all the above.E) A) and B)
F) All of the above

Question 2

List and explain the three key supply chain performance indicators.

Accepted Answer

Students should addr...

Question 3

A company that produces printer cartridges had cost of goods sold last year of $629,462,423.The average value of inventory for raw materials,work-in-process,and finished goods are shown in the table below:

If the company operates 50 weeks per year then the number of inventory turns would be

Accepted Answer

A)  3.720
B)  2.493
C)  13.4546
D)  28.33E) B) and C)
F) A) and B)

Question 4

Suppliers and customers rarely participate in the design of a supply chain.

Accepted Answer

A) True 
 B)False

Question 5

Enterprise Resource Planning ERP)is software that helps integrate many of the supply chain components by sharing and organizing information and data among supply chain members.

Accepted Answer

A) True 
 B)False

Question 6

Globalization and advances in information technology are primary reasons why supply chain management has become a competitive priority for companies.

Accepted Answer

A) True 
 B)False

Question 7

The suppliers in a supply chain are referred to as ______________ supply chain members.

Accepted Answer

A)  downstream
B)  midstream
C)  upstream
D)  none of the above.E) B) and C)
F) A) and B)

Question 8

Supply chain management focuses on integrating and managing the flow of manufactured goods,services and related information.

Accepted Answer

A) True 
 B)False  True

Question 9

Which of the following is not one of the three key performance indicators KPI) used to measure supply chain performance?

Accepted Answer

A)  inventory turnover
B)  postponement rate
C)  inventory days of supply
D)  fill rateE) A) and D)
F) B) and D)

Question 10

The bullwhip effect occurs when slight to moderate demand variability becomes magnified as demand information is transmitted back upstream.

Accepted Answer

A) True 
 B)False  True

Question 11

All the following are enablers of efficient supply chain management except

Accepted Answer

A)  bar codes.
B)  price tags.
C)  RFID tags.
D)  the Internet.E) None of the above
F) All of the above

Question 12

A computer-to-computer exchange of business documents in a standard format is known as

Accepted Answer

A)  e-business.
B)  electronic data interchange EDI) .
C)  radio frequency identification RFI
D)  .
D)  point-of-sale data.E) All of the above
F) A) and B)

Question 13

List and define four information technology supply chain enablers.

Accepted Answer

Some of the more important supply chain ...

Question 14

Which of the following is not a key performance indicator used in supply chain management?

Accepted Answer

A)  Fill rate
B)  Days of supply
C)  Cost of goods
D)  Inventory turns.E) A) and D)
F) None of the above

Question 15

A company that produces specialized video equipment had cost of goods sold last year of $127,000,000.The average value of inventory for raw materials,work-in-process,and finished goods are shown in the table below:

If the company operates 50 weeks per year then the weeks of supply in inventory would be

Accepted Answer

A)  4.898
B)  0.098
C)  10.209
D)  35.75E) All of the above
F) A) and B)

Question 16

Who are the upstream and downstream supply chain members?

Accepted Answer

The supply chain begins with suppliers.T...

Question 17

A supply chain consists of an integrated group of processes to source,make,and store products.

Accepted Answer

A) True 
 B)False  False

Question 18

_______________________ is not a perceived advantage of radio frequency identification RFID) technology.

Accepted Answer

A)  Loss of personal privacy
B)  Reduced stock-outs
C)  Prevention of fraud or theft
D)  Lower distribution costsE) B) and C)
F) A) and D)

Question 19

Increasing supply chain transparency only magnifies the bullwhip effect.

Accepted Answer

A) True 
 B)False

Question 20

All the following are approaches used in risk pooling within a supply chain except

Accepted Answer

A)  reducing the number and variety of parts.
B)  creating flexible capacity.
C)  encouraging large orders.
D)  combining inventories from multiple locations into one location.E) A) and B)
F) All of the above

Exam 10: Supply Chain Management: Strategy and Design

Supply chain management focuses on integrating and managing the flow of

Correct Answer
verified

List and explain the three key supply chain performance indicators.

Correct Answer
verified
Students should addr...
View Answer

A company that produces printer cartridges had cost of goods sold last year of $629,462,423.The average value of inventory for raw materials,work-in-process,and finished goods are shown in the table below: If the company operates 50 weeks per year then the number of inventory turns would be

Correct Answer
verified

Suppliers and customers rarely participate in the design of a supply chain.

Correct Answer
verified

Enterprise Resource Planning ERP)is software that helps integrate many of the supply chain components by sharing and organizing information and data among supply chain members.

Correct Answer
verified

Globalization and advances in information technology are primary reasons why supply chain management has become a competitive priority for companies.

Correct Answer
verified

The suppliers in a supply chain are referred to as ______________ supply chain members.

Correct Answer
verified

Supply chain management focuses on integrating and managing the flow of manufactured goods,services and related information.

Correct Answer
verified
True

Which of the following is not one of the three key performance indicators KPI) used to measure supply chain performance?

Correct Answer
verified

The bullwhip effect occurs when slight to moderate demand variability becomes magnified as demand information is transmitted back upstream.

Correct Answer
verified
True

All the following are enablers of efficient supply chain management except

Correct Answer
verified

A computer-to-computer exchange of business documents in a standard format is known as

Correct Answer
verified

List and define four information technology supply chain enablers.

Correct Answer
verified
Some of the more important supply chain ...
View Answer

Which of the following is not a key performance indicator used in supply chain management?

Correct Answer
verified

Correct Answer
verified

Who are the upstream and downstream supply chain members?

Correct Answer
verified
The supply chain begins with suppliers.T...
View Answer

A supply chain consists of an integrated group of processes to source,make,and store products.

Correct Answer
verified
False

_______________________ is not a perceived advantage of radio frequency identification RFID) technology.

Correct Answer
verified

Increasing supply chain transparency only magnifies the bullwhip effect.

Correct Answer
verified

All the following are approaches used in risk pooling within a supply chain except

Correct Answer
verified

Exam 10: Supply Chain Management: Strategy and Design

Supply chain management focuses on integrating and managing the flow of

Correct AnswerverifiedShow Answer

List and explain the three key supply chain performance indicators.

Correct AnswerverifiedStudents should addr...View AnswerShow Answer

A company that produces printer cartridges had cost of goods sold last year of $629,462,423.The average value of inventory for raw materials,work-in-process,and finished goods are shown in the table below: If the company operates 50 weeks per year then the number of inventory turns would be

Correct AnswerverifiedShow Answer

Suppliers and customers rarely participate in the design of a supply chain.

Correct AnswerverifiedShow Answer

Enterprise Resource Planning ERP)is software that helps integrate many of the supply chain components by sharing and organizing information and data among supply chain members.

Correct AnswerverifiedShow Answer

Globalization and advances in information technology are primary reasons why supply chain management has become a competitive priority for companies.

Correct AnswerverifiedShow Answer

The suppliers in a supply chain are referred to as ______________ supply chain members.

Correct AnswerverifiedShow Answer

Supply chain management focuses on integrating and managing the flow of manufactured goods,services and related information.

Correct AnswerverifiedTrue

Which of the following is not one of the three key performance indicators KPI) used to measure supply chain performance?

Correct AnswerverifiedShow Answer

The bullwhip effect occurs when slight to moderate demand variability becomes magnified as demand information is transmitted back upstream.

Correct AnswerverifiedTrue

All the following are enablers of efficient supply chain management except

Correct AnswerverifiedShow Answer

A computer-to-computer exchange of business documents in a standard format is known as

Correct AnswerverifiedShow Answer

List and define four information technology supply chain enablers.

Correct AnswerverifiedSome of the more important supply chain ...View AnswerShow Answer

Which of the following is not a key performance indicator used in supply chain management?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Who are the upstream and downstream supply chain members?

Correct AnswerverifiedThe supply chain begins with suppliers.T...View AnswerShow Answer

A supply chain consists of an integrated group of processes to source,make,and store products.

Correct AnswerverifiedFalse

_______________________ is not a perceived advantage of radio frequency identification RFID) technology.

Correct AnswerverifiedShow Answer

Increasing supply chain transparency only magnifies the bullwhip effect.

Correct AnswerverifiedShow Answer

All the following are approaches used in risk pooling within a supply chain except

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified
Students should addr...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
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Correct Answer
verified

Correct Answer
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Correct Answer
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True

Correct Answer
verified

Correct Answer
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True

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Some of the more important supply chain ...
View Answer

Correct Answer
verified

Correct Answer
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Correct Answer
verified
The supply chain begins with suppliers.T...
View Answer

Correct Answer
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False

Correct Answer
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Correct Answer
verified

Correct Answer
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