Question 1

What helps organizations reduce their investment in inventory, while improving customer satisfaction through product availability?

Accepted Answer

A)  Supply chain event management 
B)  Selling chain management 
C)  Collaborative engineering 
D)  Collaborative demand planning 
A)  Supply chain event management 
B)  Selling chain management 
C)  Collaborative engineering 
D)  Collaborative demand planning

Question 2

Which of the following is not a principle of supply chain management?

Accepted Answer

A)  Customize the logistics network and focus intensively on the service requirements 
B)  Listen to signals of market demand and plan accordingly 
C)  Segment customers by service needs and then tailor services to those particular segments 
D)  Listen to signals from telecommunications equipment and plan accordingly 
A)  Customize the logistics network and focus intensively on the service requirements 
B)  Listen to signals of market demand and plan accordingly 
C)  Segment customers by service needs and then tailor services to those particular segments 
D)  Listen to signals from telecommunications equipment and plan accordingly

Question 3

Which one of the following is a characteristic of an efficient and effective supply chain management?

Accepted Answer

A)  Decrease threat of new entrant to market place 
B)  Increase its own power as supplier 
C)  Decrease threat of substitute products and services 
D)  All of these 
A)  Decrease threat of new entrant to market place 
B)  Increase its own power as supplier 
C)  Decrease threat of substitute products and services 
D)  All of these

Question 4

Distribution management systems coordinate the process of transporting materials from a manufacturer to distribution centers to the final customer.

Accepted Answer

A) True 
 B)False

Question 5

Being the low-cost producer always guarantee profitability and success.

Accepted Answer

A) True 
 B)False

Question 6

Collaborative ___________ planning helps organizations reduce their investment in inventory, while improving customer satisfaction through product availability.

Accepted Answer

The answer of Collaborative ___________ planning helps organizations reduce their...

Question 7

Which one of the following is a characteristic of an efficient and effective supply chain management?

Accepted Answer

A)  Decrease threat of new entrant to market place 
B)  Decrease its own power as supplier 
C)  Increase threat of substitute products and services 
D)  Decrease buyer power 
A)  Decrease threat of new entrant to market place 
B)  Decrease its own power as supplier 
C)  Increase threat of substitute products and services 
D)  Decrease buyer power

Question 8

Summarize the best practices for implementing a successful supply chain management system.

Accepted Answer

(1) Make the sale to suppliers-A large p

Question 9

____________________ focuses on producing goods and services as efficiently as possible within the strategic plan.

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 10

Global ______________ management system provides the ability to locate, track, and predict the movement of every component or material anywhere upstream or downstream in the supply chain.

Accepted Answer

The answer of Global ______________ management system provides the ability...

Question 11

Managers can use information systems to heavily influence __________________ decisions including productivity, costs, flexibility, quality, and customer satisfaction.

Accepted Answer

OM-operati

Question 12

___________________ is the term used to describe the difference between the cost of inputs and the value of price of outputs.

Accepted Answer

The answer of ___________________ is the term used to describe...

Question 13

Production management describes all the activities managers do to help companies create goods.

Accepted Answer

A) True 
 B)False

Question 14

__________________________________ provide control and visibility to the status of individual items maintained in inventory.

Accepted Answer

Inventory

Question 15

Describe Walmart's supply chain management strategy in terms of its four drivers.

Accepted Answer

Walmart's supply chain management strate

Question 16

What is operations management? What is the scope of operations management in business?

Accepted Answer

Operations management (OM) is the manage

Question 17

What is the term used to describe the difference between the cost of inputs and the value of price of outputs?

Accepted Answer

A)  Value-added 
B)  Value-divided tax 
C)  Value-multiplied 
D)  Value-multiplied tax 
A)  Value-added 
B)  Value-divided tax 
C)  Value-multiplied 
D)  Value-multiplied tax

Question 18

_______________________ describes all the activities managers do to help companies create goods.

Accepted Answer

Production

Question 19

Strategic planning focuses on producing goods and services as efficiently as possible within the strategic plan

Accepted Answer

A) True 
 B)False

Question 20

Which of the following automates the different steps and stages of 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

What helps organizations reduce their investment in inventory, while improving customer satisfaction through product availability?

Which of the following is not a principle of supply chain management?

Which one of the following is a characteristic of an efficient and effective supply chain management?

Distribution management systems coordinate the process of transporting materials from a manufacturer to distribution centers to the final customer.

Being the low-cost producer always guarantee profitability and success.

Collaborative ___________ planning helps organizations reduce their investment in inventory, while improving customer satisfaction through product availability.

Which one of the following is a characteristic of an efficient and effective supply chain management?

Summarize the best practices for implementing a successful supply chain management system.

____________________ focuses on producing goods and services as efficiently as possible within the strategic plan.

Global ______________ management system provides the ability to locate, track, and predict the movement of every component or material anywhere upstream or downstream in the supply chain.

Managers can use information systems to heavily influence __________________ decisions including productivity, costs, flexibility, quality, and customer satisfaction.

___________________ is the term used to describe the difference between the cost of inputs and the value of price of outputs.

Production management describes all the activities managers do to help companies create goods.

__________________________________ provide control and visibility to the status of individual items maintained in inventory.

Describe Walmart's supply chain management strategy in terms of its four drivers.

What is operations management? What is the scope of operations management in business?

What is the term used to describe the difference between the cost of inputs and the value of price of outputs?

_______________________ describes all the activities managers do to help companies create goods.

Strategic planning focuses on producing goods and services as efficiently as possible within the strategic plan

Which of the following automates the different steps and stages of the supply chain?

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

What helps organizations reduce their investment in inventory, while improving customer satisfaction through product availability?

Which of the following is not a principle of supply chain management?

Which one of the following is a characteristic of an efficient and effective supply chain management?

Distribution management systems coordinate the process of transporting materials from a manufacturer to distribution centers to the final customer.

Being the low-cost producer always guarantee profitability and success.

Collaborative ___________ planning helps organizations reduce their investment in inventory, while improving customer satisfaction through product availability.

Which one of the following is a characteristic of an efficient and effective supply chain management?

Summarize the best practices for implementing a successful supply chain management system.

____________________ focuses on producing goods and services as efficiently as possible within the strategic plan.

Global ______________ management system provides the ability to locate, track, and predict the movement of every component or material anywhere upstream or downstream in the supply chain.

Managers can use information systems to heavily influence __________________ decisions including productivity, costs, flexibility, quality, and customer satisfaction.

___________________ is the term used to describe the difference between the cost of inputs and the value of price of outputs.

Production management describes all the activities managers do to help companies create goods.

__________________________________ provide control and visibility to the status of individual items maintained in inventory.

Describe Walmart's supply chain management strategy in terms of its four drivers.

What is operations management? What is the scope of operations management in business?

What is the term used to describe the difference between the cost of inputs and the value of price of outputs?

_______________________ describes all the activities managers do to help companies create goods.

Strategic planning focuses on producing goods and services as efficiently as possible within the strategic plan

Which of the following automates the different steps and stages of the supply chain?

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