Question 1

Which of the following is an advantage of E-business?
(I) reduction of transaction costs
(II) shortened supply chain response time
(III) greater customer loyalty

Accepted Answer

A)  I 
B)  II 
C)  I and II 
D)  II and III 
E)  I, II, and III 
A)  I 
B)  II 
C)  I and II 
D)  II and III 
E)  I, II, and III

Question 2

Using third-party logistics involves using your organization's logistics function to ship to customers that are not officially part of the supply chain.

Accepted Answer

A) True 
 B)False

Question 3

Vendor analysis is the examination of the _________ of purchased materials.

Accepted Answer

A)  function 
B)  source 
C)  quality 
D)  cycle 
E)  quantity 
A)  function 
B)  source 
C)  quality 
D)  cycle 
E)  quantity

Question 4

Outsourcing followed by __________ is not simple.

Accepted Answer

A)  integration 
B)  unionization 
C)  backsourcing 
D)  computerization 
E)  just-in-time 
A)  integration 
B)  unionization 
C)  backsourcing 
D)  computerization 
E)  just-in-time

Question 5

Disintermediation refers to the phenomenon that the traditional retailer or service provider is reduced or eliminated in a supply chain.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following, while desirable from some perspectives, might actually increase the risk of supply chain reductions?
(I) fewer supply chain partners
(II) a shorter supply chain
(III) greater supply chain visibility

Accepted Answer

A)  I and II only 
B)  II and III only 
C)  I and III only 
D)  I only 
E)  I, II, and III 
A)  I and II only 
B)  II and III only 
C)  I and III only 
D)  I only 
E)  I, II, and III

Question 7

The design of the supply chain and establishing partnerships with vendors and distributors are examples of operational issues in a supply chain.

Accepted Answer

A) True 
 B)False

Question 8

Gatekeeping manages the cost of shipping returned goods.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following is least likely to be a key consideration when a company chooses a supplier?

Accepted Answer

A)  lead time and on-time delivery 
B)  reputation and financial stability 
C)  value analysis 
D)  quality and quality assurance 
E)  flexibility of design change 
A)  lead time and on-time delivery 
B)  reputation and financial stability 
C)  value analysis 
D)  quality and quality assurance 
E)  flexibility of design change

Which of the following is an advantage of E-business? (I) reduction of transaction costs (II) shortened supply chain response time (III) greater customer loyalty

Using third-party logistics involves using your organization's logistics function to ship to customers that are not officially part of the supply chain.

Vendor analysis is the examination of the _________ of purchased materials.

Outsourcing followed by __________ is not simple.

Disintermediation refers to the phenomenon that the traditional retailer or service provider is reduced or eliminated in a supply chain.

Which of the following, while desirable from some perspectives, might actually increase the risk of supply chain reductions? (I) fewer supply chain partners (II) a shorter supply chain (III) greater supply chain visibility

The design of the supply chain and establishing partnerships with vendors and distributors are examples of operational issues in a supply chain.

Gatekeeping manages the cost of shipping returned goods.

Which of the following is least likely to be a key consideration when a company chooses a supplier?

Introduction to Operations Management

Competitiveness, Strategy, and Productivity

Forecasting

Product and Service Design

Extension: Reliability

Strategic Capacity Planning for Products and Services

Extension: Decision Theory

Process Selection and Facility Layout

Work Design and Measurement

Extension: Learning Curves

Location Planning and Analysis

Extension: The Transportation Model

Management of Quality

Quality Control

Extension: Acceptance Sampling

Aggregate Planning and Master Scheduling

MRP and ERP

Inventory Management

Jit and Lean Operations

Extension: Maintenance

Scheduling

Project Management

Management of Waiting Lines

Linear Programming

Filters

Exam 15: Supply Chain Management

Which of the following is an advantage of E-business? (I) reduction of transaction costs (II) shortened supply chain response time (III) greater customer loyalty

Using third-party logistics involves using your organization's logistics function to ship to customers that are not officially part of the supply chain.

Vendor analysis is the examination of the _________ of purchased materials.

Outsourcing followed by __________ is not simple.

Disintermediation refers to the phenomenon that the traditional retailer or service provider is reduced or eliminated in a supply chain.

Which of the following, while desirable from some perspectives, might actually increase the risk of supply chain reductions? (I) fewer supply chain partners (II) a shorter supply chain (III) greater supply chain visibility

The design of the supply chain and establishing partnerships with vendors and distributors are examples of operational issues in a supply chain.

Gatekeeping manages the cost of shipping returned goods.

Which of the following is least likely to be a key consideration when a company chooses a supplier?

Introduction to Operations Management

Competitiveness, Strategy, and Productivity

Forecasting

Product and Service Design

Extension: Reliability

Strategic Capacity Planning for Products and Services

Extension: Decision Theory

Process Selection and Facility Layout

Work Design and Measurement

Extension: Learning Curves

Location Planning and Analysis

Extension: The Transportation Model

Management of Quality

Quality Control

Extension: Acceptance Sampling

Aggregate Planning and Master Scheduling

MRP and ERP

Inventory Management

Jit and Lean Operations

Extension: Maintenance

Scheduling

Project Management

Management of Waiting Lines

Linear Programming

Filters