Question 1

Which of the following transportation modes can most easily determine the location of a package en route between shipper and receiver?

Accepted Answer

A) Air 
B) Truck 
C) Rail 
D) Pipe 
E) Water 
A) Air 
B) Truck 
C) Rail 
D) Pipe 
E) Water

Question 2

All of the following are activities related to the manufacturing flow process EXCEPT:

Accepted Answer

A) the determination of a supply's route and velocity through manufacturing 
B) updating account status following shipment 
C) materials planning 
D) quality management 
E) inventory management for both parts and finished goods 
A) the determination of a supply's route and velocity through manufacturing 
B) updating account status following shipment 
C) materials planning 
D) quality management 
E) inventory management for both parts and finished goods

Question 3

Those firms that warehouse,pick orders,and ship directly to the customer as well as hire and manage logistics workers are known as __________ companies.

Accepted Answer

A) 3PL 
B) flow management 
C) owner- 
D) order fulfillment 
E) all of the above 
A) 3PL 
B) flow management 
C) owner- 
D) order fulfillment 
E) all of the above

Question 4

Fishy Business
DNA testing has revealed that sushi bar customers are not always getting what they pay for.Scientists at the American Museum of Natural History tested fish from 31 sushi bars and found that the tuna coveted by many diners is often a cheaper substitute,a banned fish,or an endangered species.This could be the result of an honest mistake in the supply chain,or it could be a deliberate attempt to deceive buyers.However,researchers have uncovered a DNA "bar code" that can accurately identify the type of fish.While still a ways off,the scientist who developed the tuna DNA bar code envisions a small device that can provide instantaneous species identification,which will result in restaurants ultimately providing what their customers are demanding and paying for.
-Refer to Fishy Business.In the future,a device will allow each member of the supply chain for fresh fish to verify accountability for providing the species of fish the customer ordered.Which element of supply chain integration is this when each individual firm or business unit is accountable for meeting its own goals regarding providing the fish it says it is providing?

Accepted Answer

A) Benchmark integration 
B) Measurement integration 
C) Planning integration 
D) Management integration 
E) Leagile integration 
A) Benchmark integration 
B) Measurement integration 
C) Planning integration 
D) Management integration 
E) Leagile integration

Question 5

Which of the following is the inventory control system that manages the replenishment of raw materials,supplies,and components from the supplier to the manufacturer?

Accepted Answer

A) Electronic data interchange (EDI) 
B) Distribution resource planning (DRP) 
C) Third-party logistics firm (3PL) 
D) Materials requirement planning (MRP) 
E) Activity-based costing (AB
C)  
A) Electronic data interchange (EDI) 
B) Distribution resource planning (DRP) 
C) Third-party logistics firm (3PL) 
D) Materials requirement planning (MRP) 
E) Activity-based costing (AB
C)

Question 6

List the components of the logistics function in the supply chain.

Accepted Answer

1.Sourcing and procurement of

Question 7

Volvo,working with FedEx,set up a warehouse in Memphis with a complete stock of truck parts.A dealer needing a part for an emergency phones a toll-free number,and the part is delivered by FedEx within 24 hours.This is an example of how manufacturers are using:

Accepted Answer

A) outsourcing. 
B) cross-docking. 
C) disintermediation. 
D) piggybacking. 
E) an integrated demand channel. 
A) outsourcing. 
B) cross-docking. 
C) disintermediation. 
D) piggybacking. 
E) an integrated demand channel.

Question 8

Sobha Developers is the only company in India and possibly the world that manufactures almost everything that goes into its buildings.It is this backward integration that gives Sobha absolute control over quality at every level.Sobha has the highest possible _____ integration.

Accepted Answer

A) relationship 
B) social 
C) functional 
D) operational 
E) internal operations 
A) relationship 
B) social 
C) functional 
D) operational 
E) internal operations

Question 9

The mode of transportation that provides the most accessibility is:

Accepted Answer

A) pipelines 
B) air freight 
C) truck freight 
D) water transport 
E) railroad 
A) pipelines 
B) air freight 
C) truck freight 
D) water transport 
E) railroad

Question 10

The amount of time between order placement,receipt of the customer's payment,and order shipment is known as the:

Accepted Answer

A) 3PL cycle 
B) product life cycle 
C) purchase cycle 
D) order-to-cash cycle 
E) float 
A) 3PL cycle 
B) product life cycle 
C) purchase cycle 
D) order-to-cash cycle 
E) float

Question 11

Manufacturers who require suppliers to meet certain environmental standards are implementing green supply chain management.

Accepted Answer

A) True 
 B)False

Question 12

In which logistical component of the supply chain will you find electronic data interchange a common feature?

Accepted Answer

A) Production scheduling 
B) Transportation 
C) Order processing 
D) Materials handling 
E) All of these 
A) Production scheduling 
B) Transportation 
C) Order processing 
D) Materials handling 
E) All of these

Question 13

The goal of inventory control is to:

Accepted Answer

A) minimize inventory levels while maintaining an adequate supply of goods to meet customer demands. 
B) maximize inventory levels to prevent any possibility of stockouts. 
C) determine order timing and order quantity. 
D) estimate proper usage rates. 
E) integrate JIT to reduce risks of obsolescence,theft,and damage. 
A) minimize inventory levels while maintaining an adequate supply of goods to meet customer demands. 
B) maximize inventory levels to prevent any possibility of stockouts. 
C) determine order timing and order quantity. 
D) estimate proper usage rates. 
E) integrate JIT to reduce risks of obsolescence,theft,and damage.

Question 14

_____ is a method of developing and maintaining an adequate assortment of materials or products to meet a manufacturer's or a customer's demand.

Accepted Answer

A) The materials-handling system 
B) An inventory control system 
C) Direct sourcing 
D) Contract logistics 
E) Warehousing 
A) The materials-handling system 
B) An inventory control system 
C) Direct sourcing 
D) Contract logistics 
E) Warehousing

Question 15

Traceability with respect to transporting modes refers to the relative ease with which a shipment can be located and transferred.

Accepted Answer

A) True 
 B)False

Question 16

List the eight critical business processes on which supply chain managers must focus.

Accepted Answer

1.Customer relationship management
2.Cus

Question 17

The demand management process also includes hiring new drivers to replace those laid off.

Accepted Answer

A) True 
 B)False

Question 18

Which type of integration implies the performance assessment of the supply chain should be taken as a whole while also holding each member of the supply chain accountable for meeting its own goals?

Accepted Answer

A) Accountability 
B) Benchmarking 
C) Social 
D) Planning 
E) Measurement 
A) Accountability 
B) Benchmarking 
C) Social 
D) Planning 
E) Measurement

Question 19

The goal of any effective materials-handling system is to:

Accepted Answer

A) reduce the time of the order-processing system 
B) optimize the inventory control system 
C) increase safety procedures 
D) move items quickly with minimal handling 
E) reduce the length of time a product is in the transportation subsystem 
A) reduce the time of the order-processing system 
B) optimize the inventory control system 
C) increase safety procedures 
D) move items quickly with minimal handling 
E) reduce the length of time a product is in the transportation subsystem

Question 20

Which of the following criteria might be least affected by an economic upswing in regard to motor carriers.

Accepted Answer

A) capability 
B) cost 
C) transit time 
D) accessibility 
E) reliability 
A) capability 
B) cost 
C) transit time 
D) accessibility 
E) reliability

Exam 14: Supply Chain Management

Which of the following transportation modes can most easily determine the location of a package en route between shipper and receiver?

All of the following are activities related to the manufacturing flow process EXCEPT:

Those firms that warehouse,pick orders,and ship directly to the customer as well as hire and manage logistics workers are known as __________ companies.

Which of the following is the inventory control system that manages the replenishment of raw materials,supplies,and components from the supplier to the manufacturer?

List the components of the logistics function in the supply chain.

Volvo,working with FedEx,set up a warehouse in Memphis with a complete stock of truck parts.A dealer needing a part for an emergency phones a toll-free number,and the part is delivered by FedEx within 24 hours.This is an example of how manufacturers are using:

Sobha Developers is the only company in India and possibly the world that manufactures almost everything that goes into its buildings.It is this backward integration that gives Sobha absolute control over quality at every level.Sobha has the highest possible _____ integration.

The mode of transportation that provides the most accessibility is:

The amount of time between order placement,receipt of the customer's payment,and order shipment is known as the:

Manufacturers who require suppliers to meet certain environmental standards are implementing green supply chain management.

In which logistical component of the supply chain will you find electronic data interchange a common feature?

The goal of inventory control is to:

_____ is a method of developing and maintaining an adequate assortment of materials or products to meet a manufacturer's or a customer's demand.

Traceability with respect to transporting modes refers to the relative ease with which a shipment can be located and transferred.

List the eight critical business processes on which supply chain managers must focus.

The demand management process also includes hiring new drivers to replace those laid off.

Which type of integration implies the performance assessment of the supply chain should be taken as a whole while also holding each member of the supply chain accountable for meeting its own goals?

The goal of any effective materials-handling system is to:

Which of the following criteria might be least affected by an economic upswing in regard to motor carriers.

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