Question 1

Define the relationship between supply chain management and decision making.

Accepted Answer

SCM enhances decision making. Collecting, analyzing, and distributing transactional information to all relevant parties, SCM systems help all the different entities in the supply chain work together more effectively. SCM systems provide dynamic holistic views of organizations. Users can "drill down" into detailed analyses of supply chain activities in a process analogous to DSS. Without SCM systems, organizations would be unable to make accurate and timely decisions regarding its supply chain.

Question 2

Operations management (OM) is the management of systems or processes that convert or transform resources into goods and services.

Accepted Answer

A) True 
 B)False  True

Question 3

__________________________________ use sales forecasts to make sure that needed parts and materials are available at the right time and place in a specific company.

Accepted Answer

Material requirements planning (MRP systems

Question 4

Decisions are sometimes referred to as __________________, which focuses on long range planning such as plant size, location, and type of process to be used.

Accepted Answer

A)  strategic planning 
B)  tactical planning 
C)  transportation planning 
D)  operations planning 
A)  strategic planning 
B)  tactical planning 
C)  transportation planning 
D)  operations planning

Question 5

____________ management and control software provides control and visibility to the status of individual items maintained in inventory.

Accepted Answer

The answer of ____________ management and control software provides control...

Question 6

______________________________ track and analyze the movement of materials and products to ensure the delivery of materials and finished goods at the right time, the right place, and the lowest cost.

Accepted Answer

Transporta

Question 7

Make the sale to ___________ is one of the keys to SCM success.

Accepted Answer

The answer of Make the sale to ___________ is one...

Question 8

Describe the four changes resulting from advances in IT that are driving supply chains.

Accepted Answer

(1) Visibility-More visible models of di

Question 9

A supply ____________ consists of all parties involved, directly or indirectly, in the procurement of a product or raw material.

Accepted Answer

The answer of A supply ____________ consists of all parties...

Question 10

What is it called when distorted product demand information passes from one entity to the next throughout the supply chain?

Accepted Answer

A)  Bullwhip effect 
B)  Demand planning software 
C)  Supply chain planning software 
D)  Supply chain execution software 
A)  Bullwhip effect 
B)  Demand planning software 
C)  Supply chain planning software 
D)  Supply chain execution software

Question 11

The customers' customer is upstream in the supply chain.

Accepted Answer

A) True 
 B)False

Question 12

List the components of a typical supply chain.

Accepted Answer

The components of a typical su

Question 13

Today, SCM systems focus on extending beyond an organization's four walls to influence:

Accepted Answer

A)  Suppliers 
B)  Suppliers' supplier 
C)  Customers' customer 
D)  All of these 
A)  Suppliers 
B)  Suppliers' supplier 
C)  Customers' customer 
D)  All of these

Question 14

In a supply chain, which of the following moves in the direction of downstream?

Accepted Answer

A)  Order information 
B)  Payment 
C)  Goods 
D)  Returns 
A)  Order information 
B)  Payment 
C)  Goods 
D)  Returns

Question 15

The __________ effect occurs when distorted product demand information passes from one entity to the next throughout the supply chain.

Accepted Answer

The answer of The __________ effect occurs when distorted product...

Question 16

Describe the four drivers of supply chain management.

Accepted Answer

Visibility, consumer behaviour, competit

Question 17

What tracks and analyzes the movement of materials and products to ensure the delivery of materials and finished goods at the right time, the right place, and the lowest cost?

Accepted Answer

A)  Inventory management and control software 
B)  Global inventory management system 
C)  Transportation planning system 
D)  Distribution management software 
A)  Inventory management and control software 
B)  Global inventory management system 
C)  Transportation planning system 
D)  Distribution management software

Question 18

Describe the five key competitive priorities that translate directly into characteristics that are used to describe various processes by which a company can add value to its OM decisions.

Accepted Answer

(1) Cost: Every industry has low-cost pr

Question 19

Which of the following is not one of the three main links in the supply chain?

Accepted Answer

A)  Materials flow from suppliers and their "downstream" suppliers at all levels 
B)  Transformation of materials into semifinished and finished products-the organization's own production processes 
C)  Distribution of products to customers and their "downstream" customers at all levels 
D)  None of these 
A)  Materials flow from suppliers and their "downstream" suppliers at all levels 
B)  Transformation of materials into semifinished and finished products-the organization's own production processes 
C)  Distribution of products to customers and their "downstream" customers at all levels 
D)  None of these

Question 20

Which of the following is not one of the five basic components of supply chain management?

Accepted Answer

A)  Plan 
B)  Source 
C)  Cost 
D)  Deliver 
A)  Plan 
B)  Source 
C)  Cost 
D)  Deliver

Define the relationship between supply chain management and decision making.

Operations management (OM) is the management of systems or processes that convert or transform resources into goods and services.

__________________________________ use sales forecasts to make sure that needed parts and materials are available at the right time and place in a specific company.

Decisions are sometimes referred to as __________________, which focuses on long range planning such as plant size, location, and type of process to be used.

____________ management and control software provides control and visibility to the status of individual items maintained in inventory.

______________________________ track and analyze the movement of materials and products to ensure the delivery of materials and finished goods at the right time, the right place, and the lowest cost.

Make the sale to ___________ is one of the keys to SCM success.

Describe the four changes resulting from advances in IT that are driving supply chains.

A supply ____________ consists of all parties involved, directly or indirectly, in the procurement of a product or raw material.

What is it called when distorted product demand information passes from one entity to the next throughout the supply chain?

The customers' customer is upstream in the supply chain.

List the components of a typical supply chain.

Today, SCM systems focus on extending beyond an organization's four walls to influence:

In a supply chain, which of the following moves in the direction of downstream?

The __________ effect occurs when distorted product demand information passes from one entity to the next throughout the supply chain.

Describe the four drivers of supply chain management.

What tracks and analyzes the movement of materials and products to ensure the delivery of materials and finished goods at the right time, the right place, and the lowest cost?

Describe the five key competitive priorities that translate directly into characteristics that are used to describe various processes by which a company can add value to its OM decisions.

Which of the following is not one of the three main links in the supply chain?

Which of the following is not one of the five basic components of supply chain management?

Information Systems in Business

Strategic Decision Making

E-Business

Ethics and Information Security

It Architectures

Databases and Data Warehouses

Networks, Telecommunications, and Wireless Computing

Customer Relationship Management

Enterprise Resource Planning and Collaboration Systems

Business Basics

Business Process

Filters

Exam 8: Supply Chain Management

Define the relationship between supply chain management and decision making.

Operations management (OM) is the management of systems or processes that convert or transform resources into goods and services.

__________________________________ use sales forecasts to make sure that needed parts and materials are available at the right time and place in a specific company.

Decisions are sometimes referred to as __________________, which focuses on long range planning such as plant size, location, and type of process to be used.

____________ management and control software provides control and visibility to the status of individual items maintained in inventory.

______________________________ track and analyze the movement of materials and products to ensure the delivery of materials and finished goods at the right time, the right place, and the lowest cost.

Make the sale to ___________ is one of the keys to SCM success.

Describe the four changes resulting from advances in IT that are driving supply chains.

A supply ____________ consists of all parties involved, directly or indirectly, in the procurement of a product or raw material.

What is it called when distorted product demand information passes from one entity to the next throughout the supply chain?

The customers' customer is upstream in the supply chain.

List the components of a typical supply chain.

Today, SCM systems focus on extending beyond an organization's four walls to influence:

In a supply chain, which of the following moves in the direction of downstream?

The __________ effect occurs when distorted product demand information passes from one entity to the next throughout the supply chain.

Describe the four drivers of supply chain management.

What tracks and analyzes the movement of materials and products to ensure the delivery of materials and finished goods at the right time, the right place, and the lowest cost?

Describe the five key competitive priorities that translate directly into characteristics that are used to describe various processes by which a company can add value to its OM decisions.

Which of the following is not one of the three main links in the supply chain?

Which of the following is not one of the five basic components of supply chain management?

Information Systems in Business

Strategic Decision Making

E-Business

Ethics and Information Security

It Architectures

Databases and Data Warehouses

Networks, Telecommunications, and Wireless Computing

Customer Relationship Management

Enterprise Resource Planning and Collaboration Systems

Business Basics

Business Process

Filters