Exam 1: Introduction to Supply Chain Management

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

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.

Transportation management, customer relationship management, network design, and service response logistics are all important issues that are most closely related to:

According to the textbook, a supply chain's end customers are the only true source of income for all supply chain organizations.

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

Which of the following is strategy usually employed by lean organizations in an effort to ensure continued quality compliance among suppliers and with internal production facilities?

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 are all important issues that are most closely related to:

The bullwhip effect is the result of companies producing excessive defective products; defective items are whipped back from the end customer toward the manufacturer of the defect.

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

There are many definitions for supply chain management.Define supply chain management in your own words using the components that all three of the text's definitions have in common.

Which of the following is a system that aids in controlling inventory?

According to the text, the FOUR important elements of the supply chain are:

Explain the difference between logistics and supply chain management.

Which of the following is a reverse logistics activity:

One operational method for controlling and managing inventory is the implementation of a software system which can be referred to as:

According to the textbook, which of the following statements is TRUE? Consumers buy products based on a combination of:

According to the textbook, third-party logistics providers (3LPs) do not offer assistance with helping products clear customs.

Which of the following is an illustration of a company that has vertically integrated?

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

ISO9000 is a standardized program for certifying suppliers.