Exam 1: Introduction to Supply Chain and Operations Management

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________ consists of configuring inputs and resources in a way that provides value,enhances quality,and is productive.

(Short Answer)
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Which primary supply chain flow is always unidirectional?

(Multiple Choice)
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The function in any business that is responsible for designing,managing,and improving processes that lead to customer satisfaction and delight is

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Supply chain management is the administration of transformation processes that create value for customers by meeting their needs or enabling them to meet their own needs.

(True/False)
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The value chain comprises the core activities any firm performs.

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Geographically moving the production of a component or product closer to where it was originally produced is known as ________.

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The transformation of materials to finished goods takes place in the ________ component of the integrative SC&O management model.

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Service supply chains have lower customer-created variation as compared to product supply chains.

(True/False)
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Operations management involves the firm's value-added activities.

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________ is the act of monitoring a process for its efficacy,a process that includes dimensions such as cost,timeliness,or quality.

(Short Answer)
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________ is the result of effective process management,which is one of the Four I's of SC&O management.

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The core activities any firm performs are called

(Multiple Choice)
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Manufacturers in a supply chain are ________ to the consumers in the supply chain.

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The act of monitoring a process for its efficacy,a process that includes dimensions such as cost,timeliness,or quality is known as process design.

(True/False)
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Geographically moving the production of a component or product closer to where it was originally produced is known as

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Consumers are downstream in a supply chain as compared to manufacturers.

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________ are responsible for managing and investing the resources of the firm.

(Short Answer)
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A proactive effort to enhance process performance is known as ________.

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Collaborating and working with suppliers takes place in the ________ component of the integrative SC&O management model.

(Short Answer)
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Which component of the integrative SC&O management model involves the transformation of materials to finished goods?

(Multiple Choice)
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