Question 1

Which of the following characteristics is NOT common to all four of Darden Restaurants' supply channels?

Accepted Answer

A) supplier qualification 
B) product tracking 
C) independent audits 
D) refrigeration 
E) just-in-time delivery 
A) supplier qualification 
B) product tracking 
C) independent audits 
D) refrigeration 
E) just-in-time delivery

Question 2

Identify the four stages of supplier selection.

Accepted Answer

(1)supplier evaluati

Question 3

The new model of a tight,fast,low-inventory supply chain,operating across political and cultural boundaries,has reduced the overall level of supply chain risk.

Accepted Answer

A) True 
 B)False

Question 4

Outsourcing is a form of specialization that allows the outsourcing firm to focus on its key success factors.

Accepted Answer

A) True 
 B)False

Question 5

What is e-procurement?

Accepted Answer

Purchasing

Question 6

What is a keiretsu?

Accepted Answer

A keiretsu is a network of suppliers who

Question 7

Which of the following is NOT an opportunity for effective management in the supply chain?

Accepted Answer

A) accurate "pull" data 
B) vendor-managed inventory 
C) postponement 
D) local optimization 
E) CPFR 
A) accurate "pull" data 
B) vendor-managed inventory 
C) postponement 
D) local optimization 
E) CPFR

Question 8

Which of the following would NOT typically be considered as part of a manufacturing firm's supply chain?

Accepted Answer

A) suppliers 
B) distributors 
C) wholesalers 
D) retailers 
E) landscaping contractors 
A) suppliers 
B) distributors 
C) wholesalers 
D) retailers 
E) landscaping contractors

Question 9

Because the supply chain has become so electronic and automated,opportunities for unethical behavior have been greatly reduced.

Accepted Answer

A) True 
 B)False

Question 10

The bullwhip effect refers to the increasing fluctuations in orders that often occur as orders move through the supply chain.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following is NOT a typical benefit of centralized purchasing?

Accepted Answer

A) leverage purchase volume for better pricing 
B) develop specialized staff expertise 
C) reduce the duplication of tasks 
D) reduce lead times 
E) promote standardization 
A) leverage purchase volume for better pricing 
B) develop specialized staff expertise 
C) reduce the duplication of tasks 
D) reduce lead times 
E) promote standardization

Question 12

A blanket order is a long-term purchase commitment to a supplier for items that are to be delivered against short-term releases to ship.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following is NOT one of the risk mitigation tactics for the supply chain risk category of suppliers failing to deliver?

Accepted Answer

A) use multiple suppliers 
B) effective contracts with penalties 
C) subcontractors on retainer 
D) require overnight delivery 
E) pre-planning 
A) use multiple suppliers 
B) effective contracts with penalties 
C) subcontractors on retainer 
D) require overnight delivery 
E) pre-planning

Question 14

Once revenue and total logistics costs are considered together,the optimal number of facilities in a distribution network may decrease compared to the optimal number of facilities based on total logistics costs only.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is NOT true about reverse logistics as compared to forward logistics?

Accepted Answer

A) Inventory management is not consistent. 
B) Distribution costs are less directly visible. 
C) Pricing is dependent upon many factors. 
D) Speed is often very important. 
E) Forecasting is more uncertain. 
A) Inventory management is not consistent. 
B) Distribution costs are less directly visible. 
C) Pricing is dependent upon many factors. 
D) Speed is often very important. 
E) Forecasting is more uncertain.

Question 16

Drop shipping results in time and shipping cost savings.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following is NOT one of the five parts of the Supply Chain Operations Reference (SCOR)model?

Accepted Answer

A) Make 
B) Sell 
C) Plan 
D) Source 
E) Return 
A) Make 
B) Sell 
C) Plan 
D) Source 
E) Return

Question 18

________ rely on a variety of supplier relationships to provide services on demand.

Accepted Answer

The answer of ________ rely on a variety of supplier...

Question 19

________ is developing the ability to produce goods or services previously purchased or actually buying a supplier or a distributor.

Accepted Answer

Vertical i

Question 20

A company is deciding where to assign its summer intern.The manager estimates that the intern can save the company $10,000 in supply chain costs.Given the table below,what increase in sales (revenue)by the intern is required to show an equal profit?

Accepted Answer

Additional sales would increase costs by

Exam 12: Supply Chain Management

Which of the following characteristics is NOT common to all four of Darden Restaurants' supply channels?

Identify the four stages of supplier selection.

The new model of a tight,fast,low-inventory supply chain,operating across political and cultural boundaries,has reduced the overall level of supply chain risk.

Outsourcing is a form of specialization that allows the outsourcing firm to focus on its key success factors.

What is e-procurement?

What is a keiretsu?

Which of the following is NOT an opportunity for effective management in the supply chain?

Which of the following would NOT typically be considered as part of a manufacturing firm's supply chain?

Because the supply chain has become so electronic and automated,opportunities for unethical behavior have been greatly reduced.

The bullwhip effect refers to the increasing fluctuations in orders that often occur as orders move through the supply chain.

Which of the following is NOT a typical benefit of centralized purchasing?

A blanket order is a long-term purchase commitment to a supplier for items that are to be delivered against short-term releases to ship.

Which of the following is NOT one of the risk mitigation tactics for the supply chain risk category of suppliers failing to deliver?

Once revenue and total logistics costs are considered together,the optimal number of facilities in a distribution network may decrease compared to the optimal number of facilities based on total logistics costs only.

Which of the following is NOT true about reverse logistics as compared to forward logistics?

Drop shipping results in time and shipping cost savings.

Which of the following is NOT one of the five parts of the Supply Chain Operations Reference (SCOR)model?

________ rely on a variety of supplier relationships to provide services on demand.

________ is developing the ability to produce goods or services previously purchased or actually buying a supplier or a distributor.

A company is deciding where to assign its summer intern.The manager estimates that the intern can save the company $10,000 in supply chain costs.Given the table below,what increase in sales (revenue)by the intern is required to show an equal profit?

Operations and Productivity

Operations Strategy in a Global Environment

Project Management

Forecasting

Design of Goods and Services

Managing Quality

Process Strategy

Capacity and Constraint Management

Location Strategies

Layout Strategies

Human Resources, job Design, and Work Measurement

Inventory Management

Aggregate Planning and Sop

Material Requirements Planning Mrpand Erp

Short-Term Scheduling

Jit, tps, and Lean Operations

Maintenance and Reliability

Sustainability in the Supply Chain

Statistical Process Control

Supply Chain Management Analytics

Decision-Making Tools

Linear Programming

Transportation Models

Waiting-Line Models

Learning Curves

Simulation

Filters