Exam 14: Supply Chain Management Strategy and Design

Supply chain management focuses on integrating and managing the flow of manufactured goods,services,and related information.

All the following are enablers of efficient supply chain management except

A company that produces specialized video equipment had cost of goods sold last year of $127,000,000.The average value of inventory for raw materials,work-in-process,and finished goods are shown in the table below: If the company operates 50 weeks per year,then the weeks of supply in inventory would be

Which of the following is not one of the three key performance indicators (KPI)used to measure supply chain performance?

Information sharing in support of supply chain integration includes all the following types except

Suppliers and customers rarely participate in the design of a supply chain.

Going green has become one of the most visible recent trends in operations and supply chain management.

Supply chain uncertainty and variability may result in incomplete and late orders.

Collaborative planning,forecasting and replenishment (CFPR)is a process where the more influential member of the supply chain dictates schedules to ensure customer demand is satisfied.

One way to reduce the bullwhip effect is for supply chain members to

Distributors,warehouses,and retailers are referred to as _____________ supply chain members.

List and explain the three key supply chain performance indicators.

One way to cope with the bullwhip effect is for supply chain members to share demand information.

A demand-driven value chain is considered to be a global supply chain that is organized according to all the following overlapping areas of responsibility except

Because value chain and supply chain have similar meanings,they are often used interchangeably.

A company that produces small electric motors for treadmills had cost of goods sold last year of $241,000,000.The average value of inventory for raw materials,work-in-process,and finished goods are shown in the table below: If the company operates 365 days a year,the days of supply being held in inventory is

Which of the following is not a key to effective supply chain management?

The supply chain for a service tends to be more compacted and less extended than a supply chain for a manufactured good.

What is the bullwhip effect and how does it occur?

Enterprise Resource Planning (ERP)is software that helps integrate many of the supply chain components by sharing and organizing information and data among supply chain members.