Question 1

Which of the following transportation modes can most easily determine the location of a package en route between shipper and receiver?

Accepted Answer

A)  air 
B)  truck 
C)  rail 
D)  pipe 
E)  water

Question 2

EDI is often used to replace paper documents with electronic documents containing the same information.

Accepted Answer

A) True 
 B)False

Question 3

What is an inventory control system? Discuss the objective of inventory management and describe materials requirement planning (MRP)and distribution resource planning (DRP).

Accepted Answer

The answer of What is an inventory control system? Discuss...

Question 4

All of the following are types of inputs used in both materials requirement planning and distribution resource planning EXCEPT:

Accepted Answer

A)  source of funding 
B)  lead times 
C)  mode of transportation to be used 
D)  outstanding orders 
E)  sales forecasts

Question 5

By achieving _____ integration across their supply chains,firms can gain the information needed to execute short-term and long-term planning,and thereby make better operational decisions.

Accepted Answer

A)  relationship 
B)  social 
C)  functional 
D)  technology and planning 
E)  internal operations

Question 6

Supply chain managers are responsible for all of the following EXCEPT:

Accepted Answer

A)  the management of information that flows through the supply chain 
B)  auditing the accounting practices of suppliers to ensure compliance with ABC accounting 
C)  coordinating the relationships between the company and its external partners 
D)  coordinating customer service activities 
E)  coordinating the sourcing and procurement of raw materials

Question 7

When each firm in a supply chain has clarity in terms of knowing which firm is the leader,which are the followers,and which responsibilities are assigned to each firm,_____ is (are)evident.

Accepted Answer

A)  role specificity 
B)  role complexity 
C)  role ambiguity 
D)  functional relationships 
E)  role hierarchy

Question 8

ProLog is a firm that specializes in warehousing and fulfilling orders for firms as diverse as those supplying parts for manufacturers of complicated missile defense systems to those manufacturing pet care products. Firms contract ProLog to manage part of all of their order fulfillment process. ProLog is an example of a:

Accepted Answer

A)  merchant wholesaler 
B)  retailer 
C)  distributor 
D)  third party logistics firm (3PL) 
E)  manufacturing flow process manager

Question 9

Spanish clothing retailer Zara transfers twenty product lines a year from concept to shop floor in only four weeks because it is customer-focused,not supplier-focused. Zara is implementing which supply chain management strategy?

Accepted Answer

A)  lean supply chain management 
B)  reactive supply chain management 
C)  agile supply chain management 
D)  proactive supply chain management 
E)  Leagile supply chain management

Question 10

The goal of any effective materials-handling system is to:

Accepted Answer

A)  reduce the time of the order-processing system 
B)  optimize the inventory control system 
C)  increase safety procedures 
D)  move items quickly with minimal handling 
E)  reduce the length of time a product is in the transportation subsystem

Question 11

List the components of the logistics function in the supply chain.

Accepted Answer

The answer of List the components of the logistics function...

Question 12

Global supply chains are particularly at risk regarding supply chain security.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following is the inventory control system that manages the replenishment of raw materials,supplies,and components from the supplier to the manufacturer?

Accepted Answer

A)  electronic data interchange (EDI) 
B)  distribution resource planning (DRP) 
C)  third party logistics firm (3PL) 
D)  materials requirement planning (MRP) 
E)  activity-based costing (AB
C)

Question 14

Peachtree Windows does not make a window until an order is received.It can promise delivery in five working days because of the excellent relationships it has established with its suppliers.The partnering relationship that Peachtree Windows has established with its suppliers indicates the use of:

Accepted Answer

A)  supply chain management 
B)  yield management 
C)  channel networks 
D)  horizontal marketing channels 
E)  intensive distribution strategy

Question 15

_____ coordinates and integrates all of the activities performed by channel members into a seamless process,from the source to the point of consumption,resulting in enhanced customer and economic value.

Accepted Answer

A)  Yield management 
B)  Channel power 
C)  Materials handling 
D)  Supply chain management 
E)  Physical distribution

Question 16

Discuss the financial implications of the returns management process.

Accepted Answer

The answer of Discuss the financial implications of the returns...

Question 17

Which supply chain strategy focuses primarily on the ability of the firm to fulfill customer demand,even if this means somewhat higher costs?

Accepted Answer

A)  lean supply chain management 
B)  reactive supply chain management 
C)  agile supply chain management 
D)  proactive supply chain management 
E)  Leagile supply chain management

Question 18

Vertical position refers to the position of a firm,relative to other firms,along the supply chain.

Accepted Answer

A) True 
 B)False

Question 19

Supply chains cannot operate efficiently unless all members of the supply chain are equally involved in all eight critical business processes.

Accepted Answer

A) True 
 B)False

Question 20

What is measurement integration? List the three areas of capability that are helpful in generating measurement integration across the supply chain.

Accepted Answer

The answer of What is measurement integration? List the three...

Exam 14: Supply Chain Management

Which of the following transportation modes can most easily determine the location of a package en route between shipper and receiver?

EDI is often used to replace paper documents with electronic documents containing the same information.

What is an inventory control system? Discuss the objective of inventory management and describe materials requirement planning (MRP)and distribution resource planning (DRP).

All of the following are types of inputs used in both materials requirement planning and distribution resource planning EXCEPT:

By achieving _____ integration across their supply chains,firms can gain the information needed to execute short-term and long-term planning,and thereby make better operational decisions.

Supply chain managers are responsible for all of the following EXCEPT:

When each firm in a supply chain has clarity in terms of knowing which firm is the leader,which are the followers,and which responsibilities are assigned to each firm,_____ is (are) evident.

Spanish clothing retailer Zara transfers twenty product lines a year from concept to shop floor in only four weeks because it is customer-focused,not supplier-focused. Zara is implementing which supply chain management strategy?

The goal of any effective materials-handling system is to:

List the components of the logistics function in the supply chain.

Global supply chains are particularly at risk regarding supply chain security.

Which of the following is the inventory control system that manages the replenishment of raw materials,supplies,and components from the supplier to the manufacturer?

Peachtree Windows does not make a window until an order is received.It can promise delivery in five working days because of the excellent relationships it has established with its suppliers.The partnering relationship that Peachtree Windows has established with its suppliers indicates the use of:

_____ coordinates and integrates all of the activities performed by channel members into a seamless process,from the source to the point of consumption,resulting in enhanced customer and economic value.

Discuss the financial implications of the returns management process.

Which supply chain strategy focuses primarily on the ability of the firm to fulfill customer demand,even if this means somewhat higher costs?

Vertical position refers to the position of a firm,relative to other firms,along the supply chain.

Supply chains cannot operate efficiently unless all members of the supply chain are equally involved in all eight critical business processes.

What is measurement integration? List the three areas of capability that are helpful in generating measurement integration across the supply chain.