Question 1

Profitability of the supply chain can be maximized only if all the organizations in the supply chain operate at their maximum profitability.

Accepted Answer

A) True 
 B)False

Question 2

The Automated Clearing House system among banks is an example of an interorganizational system.

Accepted Answer

A) True 
 B)False

Question 3

All supply chains have distributors and retailers.

Accepted Answer

A) True 
 B)False

Question 4

How do information systems affect supply chain performance?

Accepted Answer

Information systems such as CRM and e-co

Question 5

Supply chain speed refers to the dollar value of goods exchanged in a given period of time.

Accepted Answer

A) True 
 B)False

Question 6

The four major drivers that affect supply chain performance are ________.

Accepted Answer

A) suppliers,inventory,distributors,and information 
B) facilities,working capital,transportation,and storage 
C) suppliers,facilities,transportation,and distribution 
D) facilities,inventory,transportation,and information 
A) suppliers,inventory,distributors,and information 
B) facilities,working capital,transportation,and storage 
C) suppliers,facilities,transportation,and distribution 
D) facilities,inventory,transportation,and information

Question 7

Information systems ________.

Accepted Answer

A) reduce the supply chain speed 
B) only partially eliminate the bullwhip effect 
C) reduce the cost of inventories but increase their size 
D) do not optimize supply chain profitability 
A) reduce the supply chain speed 
B) only partially eliminate the bullwhip effect 
C) reduce the cost of inventories but increase their size 
D) do not optimize supply chain profitability

Question 8

True demand is the demand from the only party that introduces money into the system.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following refers to the way organizations share their information?

Accepted Answer

A) means 
B) purpose 
C) availability 
D) intent 
A) means 
B) purpose 
C) availability 
D) intent

Question 10

Supply chain profitability is the difference between the sum of the revenue generated by the supply chain and the sum of the costs that all organizations in the supply chain incur to obtain that revenue.

Accepted Answer

A) True 
 B)False

Question 11

Every supply chain has four basic components: suppliers,manufacturers,distributors,and retailers.

Accepted Answer

A) True 
 B)False

Question 12

The bullwhip effect helps to increase the overall profitability of the supply chain.

Accepted Answer

A) True 
 B)False

Question 13

________ is the difference between the sum of the revenue generated by the supply chain and the sum of the costs that all organizations in the supply chain incur to obtain that revenue.

Accepted Answer

A) Supply chain sustainability 
B) Supply chain optimization 
C) Supply chain profitability 
D) Supply chain analytics 
A) Supply chain sustainability 
B) Supply chain optimization 
C) Supply chain profitability 
D) Supply chain analytics

Question 14

The only source of revenue in the supply chain is the customer.

Accepted Answer

A) True 
 B)False

Question 15

In the term supply chain,each organization is connected to just one company up (toward the supplier)and down (toward the customer)the chain.

Accepted Answer

A) True 
 B)False

Question 16

The phenomenon in which the variability in the size and timing of orders increases at each stage up the supply chain is referred to as the ________.

Accepted Answer

A) synergistic effect 
B) flanging effect 
C) stack effect 
D) bullwhip effect 
A) synergistic effect 
B) flanging effect 
C) stack effect 
D) bullwhip effect

Question 17

What are interorganizational business systems?

Accepted Answer

An interorganizational system is one in

Question 18

Raw materials are not considered as inventory in the supply chain.

Accepted Answer

A) True 
 B)False

Question 19

Which of the following statements about supply chains is correct?

Accepted Answer

A) Supply chains consist only of customers,retailers,distributors,manufacturers,and suppliers. 
B) Not every supply chain has distributors and retailers. 
C) Each element in the supply chain is connected to only one entity up and down. 
D) The only source of revenue in a supply chain is the retailer. 
A) Supply chains consist only of customers,retailers,distributors,manufacturers,and suppliers. 
B) Not every supply chain has distributors and retailers. 
C) Each element in the supply chain is connected to only one entity up and down. 
D) The only source of revenue in a supply chain is the retailer.

Question 20

What is a supply chain? What are the four drivers that are crucial to the success of supply chain?

Accepted Answer

A supply chain is a network of organizat

Exam 22: Supply Chain Management

Profitability of the supply chain can be maximized only if all the organizations in the supply chain operate at their maximum profitability.

The Automated Clearing House system among banks is an example of an interorganizational system.

All supply chains have distributors and retailers.

How do information systems affect supply chain performance?

Supply chain speed refers to the dollar value of goods exchanged in a given period of time.

The four major drivers that affect supply chain performance are ________.

Information systems ________.

True demand is the demand from the only party that introduces money into the system.

Which of the following refers to the way organizations share their information?

Supply chain profitability is the difference between the sum of the revenue generated by the supply chain and the sum of the costs that all organizations in the supply chain incur to obtain that revenue.

Every supply chain has four basic components: suppliers,manufacturers,distributors,and retailers.

The bullwhip effect helps to increase the overall profitability of the supply chain.

________ is the difference between the sum of the revenue generated by the supply chain and the sum of the costs that all organizations in the supply chain incur to obtain that revenue.

The only source of revenue in the supply chain is the customer.

In the term supply chain,each organization is connected to just one company up (toward the supplier)and down (toward the customer)the chain.

The phenomenon in which the variability in the size and timing of orders increases at each stage up the supply chain is referred to as the ________.

What are interorganizational business systems?

Raw materials are not considered as inventory in the supply chain.

Which of the following statements about supply chains is correct?

What is a supply chain? What are the four drivers that are crucial to the success of supply chain?

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Introduction to Microsoft Excel 2010

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