Question 1

According to the textbook,conditions which must be present for successful supply chain management include:

Accepted Answer

A)  Vertical Integration 
B)  Corporate contracts regarding performance expectations 
C)  Short-term company focused performance 
D)  Cooperation among firms 
A)  Vertical Integration 
B)  Corporate contracts regarding performance expectations 
C)  Short-term company focused performance 
D)  Cooperation among firms D

Question 2

Successful supply chain integration occurs when supply chain participants realize that the needs and desires of the end item manufacturer dictate the objectives and policies of all the other supply chain participants.

Accepted Answer

A) True 
 B)False  False

Question 3

Which of the following is a reverse logistics activity:

Accepted Answer

A)  Recycling products and components 
B)  Delivering finished goods to your customer 
C)  Developing a collaborative relationship with your supplier 
D)  Managing the quality of products 
A)  Recycling products and components 
B)  Delivering finished goods to your customer 
C)  Developing a collaborative relationship with your supplier 
D)  Managing the quality of products A

Question 4

Effective supply chain management relies on competitive bidding,corporate privacy,and contracts based on short-term performance.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following acronyms is NOT paired with its correct "translation?"

Accepted Answer

A)  TQM - Total Quality Management 
B)  JIT - Just-in-Time 
C)  MRP - Manufacturing Responsiveness and Planning 
D)  ERP - Enterprise Resource Planning 
A)  TQM - Total Quality Management 
B)  JIT - Just-in-Time 
C)  MRP - Manufacturing Responsiveness and Planning 
D)  ERP - Enterprise Resource Planning

Question 6

Which of the following acronyms is NOT paired with its correct "translation?"

Accepted Answer

A)  TQM - Total Quality Management 
B)  JIT - Just-in-Time 
C)  MRP - Materials Requirements Planning 
D)  ERP - Estimated Response Parameters 
A)  TQM - Total Quality Management 
B)  JIT - Just-in-Time 
C)  MRP - Materials Requirements Planning 
D)  ERP - Estimated Response Parameters

Question 7

The assembly or production of finished products,producing the right amount of product,and ensuring that finished products meet specific quality,cost,and customer service requirements can all be considered elements of operations.

Accepted Answer

A) True 
 B)False

Question 8

According to the textbook,environmental and social impacts are considered outside of supply chain management.

Accepted Answer

A) True 
 B)False

Question 9

According to the textbook,'integration' is one of the four supply chain elements.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following statements is TRUE?

Accepted Answer

A)  Supply chain management was invented by the auto manufacturing industry 
B)  Strategic partnerships are seen as one of the foundations of supply chain management 
C)  Purchasing is seen as the final and most difficult step in the supply chain 
D)  Service response logistics is the digital distribution of services 
A)  Supply chain management was invented by the auto manufacturing industry 
B)  Strategic partnerships are seen as one of the foundations of supply chain management 
C)  Purchasing is seen as the final and most difficult step in the supply chain 
D)  Service response logistics is the digital distribution of services

Question 11

ISO9000 is a standardized program for certifying suppliers.

Accepted Answer

A) True 
 B)False

Question 12

List three concepts used by supply chain managers in an attempt to make a firm more flexible and responsive to customers' changing needs:

Accepted Answer

Agile manufacturing

Question 13

Which of the following can be classified as a 3PL?

Accepted Answer

A)  A company that offers warehousing services 
B)  A company that offers transportation services 
C)  A company that offers customs clearing services 
D)  All of these 
A)  A company that offers warehousing services 
B)  A company that offers transportation services 
C)  A company that offers customs clearing services 
D)  All of these

Question 14

Successful modern supply chain management typically includes the practice of:

Accepted Answer

A)  Keeping high inventories throughout the supply chain 
B)  Always purchasing materials with the lowest per unit cost 
C)  The sharing of information between supply chain partners 
D)  Leadership through the practice of issuing ultimatums to your supply chain partners 
A)  Keeping high inventories throughout the supply chain 
B)  Always purchasing materials with the lowest per unit cost 
C)  The sharing of information between supply chain partners 
D)  Leadership through the practice of issuing ultimatums to your supply chain partners

Question 15

According to the textbook,in the 1950's and 1960's,mass production techniques focused on creating supplier partnerships,improving process design and flexibility,and improving product quality.

Accepted Answer

A) True 
 B)False

Question 16

Reverse logistics activities include the return of defective and damaged items to the manufacturer,and the recycling of used packaging.

Accepted Answer

A) True 
 B)False

Question 17

Improved quality is one benefit of using a lean production system.

Accepted Answer

A) True 
 B)False

Question 18

The universally accepted definition of supply chain management is "the management and integration of the parties involved in producing the end items coveted by consumers."

Accepted Answer

A) True 
 B)False

Question 19

Trends in supply chain management include increasing inventory levels and considering the elimination of logistics intensive online retailing.

Accepted Answer

A) True 
 B)False

Question 20

Trucking companies,airfreight shipping companies,and information system providers can all be considered service providers to the supply chain.

Accepted Answer

A) True 
 B)False

According to the textbook,conditions which must be present for successful supply chain management include:

Successful supply chain integration occurs when supply chain participants realize that the needs and desires of the end item manufacturer dictate the objectives and policies of all the other supply chain participants.

Which of the following is a reverse logistics activity:

Effective supply chain management relies on competitive bidding,corporate privacy,and contracts based on short-term performance.

Which of the following acronyms is NOT paired with its correct "translation?"

Which of the following acronyms is NOT paired with its correct "translation?"

The assembly or production of finished products,producing the right amount of product,and ensuring that finished products meet specific quality,cost,and customer service requirements can all be considered elements of operations.

According to the textbook,environmental and social impacts are considered outside of supply chain management.

According to the textbook,'integration' is one of the four supply chain elements.

Which of the following statements is TRUE?

ISO9000 is a standardized program for certifying suppliers.

List three concepts used by supply chain managers in an attempt to make a firm more flexible and responsive to customers' changing needs:

Which of the following can be classified as a 3PL?

Successful modern supply chain management typically includes the practice of:

According to the textbook,in the 1950's and 1960's,mass production techniques focused on creating supplier partnerships,improving process design and flexibility,and improving product quality.

Reverse logistics activities include the return of defective and damaged items to the manufacturer,and the recycling of used packaging.

Improved quality is one benefit of using a lean production system.

The universally accepted definition of supply chain management is "the management and integration of the parties involved in producing the end items coveted by consumers."

Trends in supply chain management include increasing inventory levels and considering the elimination of logistics intensive online retailing.

Trucking companies,airfreight shipping companies,and information system providers can all be considered service providers to the supply chain.

Purchasing Management

Creating and Managing Supplier Relationships

Ethical and Sustainable Sourcing

Demand Forecasting

Resource Planning Systems

Inventory Management

Process Management: Lean and Six Sigma in the Supply Chain

Domestic U.S.and Global Logistics

Customer Relationship Management

Global Location Decisions

Service Response Logistics

Supply Chain Process Integration

Performance Measurement Along the Supply Chain

Filters

Exam 1: Introduction to Supply Chain Management

According to the textbook,conditions which must be present for successful supply chain management include:

Successful supply chain integration occurs when supply chain participants realize that the needs and desires of the end item manufacturer dictate the objectives and policies of all the other supply chain participants.

Which of the following is a reverse logistics activity:

Effective supply chain management relies on competitive bidding,corporate privacy,and contracts based on short-term performance.

Which of the following acronyms is NOT paired with its correct "translation?"

Which of the following acronyms is NOT paired with its correct "translation?"

The assembly or production of finished products,producing the right amount of product,and ensuring that finished products meet specific quality,cost,and customer service requirements can all be considered elements of operations.

According to the textbook,environmental and social impacts are considered outside of supply chain management.

According to the textbook,'integration' is one of the four supply chain elements.

Which of the following statements is TRUE?

ISO9000 is a standardized program for certifying suppliers.

List three concepts used by supply chain managers in an attempt to make a firm more flexible and responsive to customers' changing needs:

Which of the following can be classified as a 3PL?

Successful modern supply chain management typically includes the practice of:

According to the textbook,in the 1950's and 1960's,mass production techniques focused on creating supplier partnerships,improving process design and flexibility,and improving product quality.

Reverse logistics activities include the return of defective and damaged items to the manufacturer,and the recycling of used packaging.

Improved quality is one benefit of using a lean production system.

The universally accepted definition of supply chain management is "the management and integration of the parties involved in producing the end items coveted by consumers."

Trends in supply chain management include increasing inventory levels and considering the elimination of logistics intensive online retailing.

Trucking companies,airfreight shipping companies,and information system providers can all be considered service providers to the supply chain.

Purchasing Management

Creating and Managing Supplier Relationships

Ethical and Sustainable Sourcing

Demand Forecasting

Resource Planning Systems

Inventory Management

Process Management: Lean and Six Sigma in the Supply Chain

Domestic U.S.and Global Logistics

Customer Relationship Management

Global Location Decisions

Service Response Logistics

Supply Chain Process Integration

Performance Measurement Along the Supply Chain

Filters