Question 1

What are the two fundamental processes in all supply chains that are most affected by the Internet?

Accepted Answer

A) Electronic interchange and order placement 
B) Order fulfillment and order placement 
C) B2B exchanges and order fulfillment 
D) None of the above 
A) Electronic interchange and order placement 
B) Order fulfillment and order placement 
C) B2B exchanges and order fulfillment 
D) None of the above B

Question 2

It is bad to have a negative cash-to-cash cycle in which the firm receives payment before it pays its suppliers.

Accepted Answer

A) True 
 B)False  False

Question 3

List and define the five ways to change supply chain infrastructure.
A.Cross-functional teams
B.Partnerships
C.Setup time reduction
D.Information systems
E.Cross-docking.

Accepted Answer

A.Cross-functional teams B.Partnerships C.Setup time reduction D.Information systems E.Cross-docking.

Question 4

What are the tasks in the purchasing cycle?

Accepted Answer

Purchasing receives user requirements fo

Question 5

The average cash-to-cash cycle is defined as:

Accepted Answer

A) Days in inventory + Days in account receivable + Days in accounts payable 
B) Days in inventory - Days in account receivable + Days in accounts payable 
C) Days in inventory + Days in account receivable - Days in accounts payable 
D) Days in inventory - Days in account receivable - Days in accounts payable 
A) Days in inventory + Days in account receivable + Days in accounts payable 
B) Days in inventory - Days in account receivable + Days in accounts payable 
C) Days in inventory + Days in account receivable - Days in accounts payable 
D) Days in inventory - Days in account receivable - Days in accounts payable

Question 6

In supply chain improvement,it is often necessary to reduce the setup time of equipment dramatically so that smaller lots of the product can be economically produced.

Accepted Answer

A) True 
 B)False

Question 7

The five measures of supply chain performance are:

Accepted Answer

A) Cost,quality,flexibility,delivery,and time 
B) Cost,quality,time,delivery,and reliability 
C) Inventory,quality,time,delivery,and flexibility 
D) Inventory,cost,quality,time,and delivery 
A) Cost,quality,flexibility,delivery,and time 
B) Cost,quality,time,delivery,and reliability 
C) Inventory,quality,time,delivery,and flexibility 
D) Inventory,cost,quality,time,and delivery

Question 8

Which of the following does the Supply Chain Operations Reference (SCOR)model NOT include?

Accepted Answer

A) Make 
B) Deliver 
C) Return 
D) All of the above are included 
A) Make 
B) Deliver 
C) Return 
D) All of the above are included

Question 9

Final consumers can be found farthest downstream in the supply chain.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following is NOT true about supply chain dynamics?

Accepted Answer

A) The supply chain is a highly interactive system. 
B) There is an accelerator effect in the supply chain due to replenishment lead times. 
C) The best way to improve the supply chain is to increase the total replenishment time and to feed back actual demand information to all levels. 
D) All of the above statements are true. 
A) The supply chain is a highly interactive system. 
B) There is an accelerator effect in the supply chain due to replenishment lead times. 
C) The best way to improve the supply chain is to increase the total replenishment time and to feed back actual demand information to all levels. 
D) All of the above statements are true.

Question 11

The objective of structural and infrastructure changes is the same: To remove sources of uncertainty,to reduce replenishment time,and to reduce total cost of supplying the market.

Accepted Answer

A) True 
 B)False

Question 12

List and define the five ways to change supply chain structure.
A.Engage in forward and backward integration
B.Pursue major process simplification
C.Change the configuration of factories,warehouses,or retail locations
D.Pursue major product redesign
E.Work with third-party logistics providers.

Accepted Answer

A.Engage in forward and backward integra

Question 13

Which of the following is NOT a type of e-procurement?

Accepted Answer

A) Private exchanges 
B) Third party auctions 
C) Online catalogs 
D) B2B marketplaces 
A) Private exchanges 
B) Third party auctions 
C) Online catalogs 
D) B2B marketplaces

Question 14

Demand chain management tries to match supply and demand.

Accepted Answer

A) True 
 B)False

Question 15

Delivery has three performance measures: on-time delivery,fill rate,and unit cost.

Accepted Answer

A) True 
 B)False

Question 16

Materials handling,transportation,and warehousing are elements of:

Accepted Answer

A) Logistics 
B) Purchasing 
C) Demand chain management 
D) Fill rate 
A) Logistics 
B) Purchasing 
C) Demand chain management 
D) Fill rate

Question 17

Order placement via the Internet does NOT include:

Accepted Answer

A) Increasing the accuracy of the order 
B) Faster order entry 
C) Manufacturing and shipment status 
D) Use of an ERP system to schedule production 
A) Increasing the accuracy of the order 
B) Faster order entry 
C) Manufacturing and shipment status 
D) Use of an ERP system to schedule production

Question 18

Describe causes of the bullwhip effect.

Accepted Answer

A supply chain is a highly interactive s

Question 19

Which of the following is a form of infrastructure change?

Accepted Answer

A) Process simplification 
B) Product redesign 
C) Changes in information systems 
D) Forward integration 
A) Process simplification 
B) Product redesign 
C) Changes in information systems 
D) Forward integration

Question 20

The design and management of seamless,value-added processes across organizational boundaries to meet the real needs of the end customer is called:

Accepted Answer

A) Demand management 
B) Distribution channel management 
C) Supply chain management 
D) Logistics management 
A) Demand management 
B) Distribution channel management 
C) Supply chain management 
D) Logistics management

What are the two fundamental processes in all supply chains that are most affected by the Internet?

It is bad to have a negative cash-to-cash cycle in which the firm receives payment before it pays its suppliers.

List and define the five ways to change supply chain infrastructure. A.Cross-functional teams B.Partnerships C.Setup time reduction D.Information systems E.Cross-docking.

What are the tasks in the purchasing cycle?

The average cash-to-cash cycle is defined as:

In supply chain improvement,it is often necessary to reduce the setup time of equipment dramatically so that smaller lots of the product can be economically produced.

The five measures of supply chain performance are:

Which of the following does the Supply Chain Operations Reference (SCOR)model NOT include?

Final consumers can be found farthest downstream in the supply chain.

Which of the following is NOT true about supply chain dynamics?

The objective of structural and infrastructure changes is the same: To remove sources of uncertainty,to reduce replenishment time,and to reduce total cost of supplying the market.

List and define the five ways to change supply chain structure. A.Engage in forward and backward integration B.Pursue major process simplification C.Change the configuration of factories,warehouses,or retail locations D.Pursue major product redesign E.Work with third-party logistics providers.

Which of the following is NOT a type of e-procurement?

Demand chain management tries to match supply and demand.

Delivery has three performance measures: on-time delivery,fill rate,and unit cost.

Materials handling,transportation,and warehousing are elements of:

Order placement via the Internet does NOT include:

Describe causes of the bullwhip effect.

Which of the following is a form of infrastructure change?

The design and management of seamless,value-added processes across organizational boundaries to meet the real needs of the end customer is called:

The Operations Function

Operations and Supply Chain Strategy

Product Design

Process Selection

Service Delivery System Design

Process-Flow Analysis

Lean Thinking and Lean Systems

Managing Quality

Quality Control and Improvement

Forecasting

Capacity Planning

Scheduling Operations

Project Planning and Scheduling

Independent Demand Inventory

Materials Requirements Planning and ERP

Filters

Exam 10: Supply Chain Management

What are the two fundamental processes in all supply chains that are most affected by the Internet?

It is bad to have a negative cash-to-cash cycle in which the firm receives payment before it pays its suppliers.

List and define the five ways to change supply chain infrastructure. A.Cross-functional teams B.Partnerships C.Setup time reduction D.Information systems E.Cross-docking.

What are the tasks in the purchasing cycle?

The average cash-to-cash cycle is defined as:

In supply chain improvement,it is often necessary to reduce the setup time of equipment dramatically so that smaller lots of the product can be economically produced.

The five measures of supply chain performance are:

Which of the following does the Supply Chain Operations Reference (SCOR)model NOT include?

Final consumers can be found farthest downstream in the supply chain.

Which of the following is NOT true about supply chain dynamics?

The objective of structural and infrastructure changes is the same: To remove sources of uncertainty,to reduce replenishment time,and to reduce total cost of supplying the market.

List and define the five ways to change supply chain structure. A.Engage in forward and backward integration B.Pursue major process simplification C.Change the configuration of factories,warehouses,or retail locations D.Pursue major product redesign E.Work with third-party logistics providers.

Which of the following is NOT a type of e-procurement?

Demand chain management tries to match supply and demand.

Delivery has three performance measures: on-time delivery,fill rate,and unit cost.

Materials handling,transportation,and warehousing are elements of:

Order placement via the Internet does NOT include:

Describe causes of the bullwhip effect.

Which of the following is a form of infrastructure change?

The design and management of seamless,value-added processes across organizational boundaries to meet the real needs of the end customer is called:

The Operations Function

Operations and Supply Chain Strategy

Product Design

Process Selection

Service Delivery System Design

Process-Flow Analysis

Lean Thinking and Lean Systems

Managing Quality

Quality Control and Improvement

Forecasting

Capacity Planning

Scheduling Operations

Project Planning and Scheduling

Independent Demand Inventory

Materials Requirements Planning and ERP

Filters