Exam 7: Supply-Chain Management

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The following are very important technologies for SCM:

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Which strategy has become important in dealing with reverse logistics?

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The most popular applications being moved to the cloud include:

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Describe how the growth of cloud computing is affecting SCM.

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Shipping and transportation planning are important to supply chain management. The following is an example of a task in shipping and transportation planning:

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A push system is a supply chain model in which the production of suppliers is determined by the demand of customers.

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The warehousing component of the order fulfillment process does not include the following:

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In the process of outsourcing, a partner must be willing and able to react quickly to required product changes and demand fluctuations.

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Disintermediation refers to a change in the supply chain where the manufacturer or service provider and the consumer do not interact directly with each other.

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Which of the following represents the front-end and back-end processes necessary to convert an order into a sale?

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A fundamental service provision that documents and defines the parameters of a supplier-customer relationship is called a:

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The army weapons industry is an example of an industry that has experienced some level of disintermediation.

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The travel/airline industry has been completely transformed due to the advent of internet communication. Customers now:

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Enterprise resource planning systems have the following relationship to SCM:

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Research has shown that vendor-managed inventory (VMI) often leads to reduced inventory levels but substantially higher stockout rates because suppliers are not keen enough to ensure that consumers are always able purchase their products.

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_____ is an arrangement whereby companies shift facilities and activities to other organizations and then integrate them into their global supply chains.

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The major difficulty in legacy systems was:

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A pull system is a supply chain model in which the production of supplies is not determined by the needs of the customers.

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In June 2003, Walmart promoted ________ as a SCM efficiency measure aimed at improving the speed and accuracy of information flows in the supply chain and to reduce stockouts.

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The use of partners in the supply chain to control and monitor inventory levels is known as:

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