Exam 22: Supply Chain Management

Which of the following statements is true about an inter-enterprise system?

Inter-enterprise information systems vary in scope and complexity.

The bullwhip effect explains the amplification of demand at various stages of a supply chain.

Which of the following is an example of inventory?

Decreasing the size of an inventory decreases the odds that an item will be unavailable for purchase.

Each organization in a supply chain is an independent company,with its own objectives.

In a supply chain,distributors order products from ________.

The presence of information systems has expanded supply chain speed.

The phenomenon in which the variability in the size and timing of orders increases at each stage up the supply chain is referred to as the ________.

Each level of a supply chain has a distinct source of revenue.

Because of the nature of the bullwhip effect,________ face maximum variation in demand.

At each level of a supply chain,an organization can work with many organizations both up and down the supply chain.

________ refers to the methods by which information is transmitted.

Which of the following statements about supply chains is true?

Which of the following refers to the way organizations share their information?

The large fluctuations of bullwhip effect force organizations to stock fewer inventories than needed.

Every supply chain has four basic components: suppliers,manufacturers,distributors,and retailers.

Profitability of a supply chain increases if all the organizations in the supply chain operate at their maximum profitability.

Define supply chain profitability: How is it different from individual organizational profitability?

Which of the following refers to a network of organizations and facilities that transforms raw materials into products delivered to customers?