Exam 1: Introduction to Supply Chain Management

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A small LTL shipment that originates on a truck in Los Angeles and is moved from Los Angeles to Phoenix where it is unloaded and put onto another truck for final shipment to Denver would be considered an intermodal shipment since it utilizes more than one vehicle during shipment.

(True/False)
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The routine ordering and follow-up of basic operational supplies is a strategic responsibility.

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Encouraging or helping a firm's suppliers to perform in a desired fashion can be referred to as:

(Multiple Choice)
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Which of the following types of warehouses takes a large number of LTL shipments and repackages them in TL or CL quantities to a manufacturer or user-facility located in another area or region?

(Multiple Choice)
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The traditional approach to purchasing and supply management is to build relations with suppliers to jointly pull costs out of the product or service and expect suppliers to contribute innovate ideas that continually add value to a firm's products and services.

(True/False)
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Recent research indicates that all of the following are top knowledge areas for purchasers except _____.

(Multiple Choice)
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Within the downstream portion of a supply chain,_____ are responsible for the actual movement of materials between locations.

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

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Which of the following is not one of the features of the new model of progressive purchasing?

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_____ are those items provided by suppliers and used directly during production or service delivery.

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When a supplier provides a price quote to a buyer for supplies that includes transportation to the buyer's location this is known as FOB destination pricing,or free on board to the shipment's destination.

(True/False)
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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.

(True/False)
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Today's emphasis on supplier quality has shifted from detecting defects at the time of receipt or use to prevention early in the materials-sourcing process.

(True/False)
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The transportation legislation that created the Interstate Commerce Commission (ICC)was which of the following:

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According to the textbook,the five basic modes of transportation are motor,rail,air,water,and cyberspace.

(True/False)
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According to the Institute for Supply Management,_____ is the identification,acquisition,access,positioning,and management of resources and related capabilities an organization needs or potentially needs in the attainment of its strategic objectives.

(Multiple Choice)
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Generally speaking,rail carriers are less expensive than motor carriers.

(True/False)
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Lean production is typically associated with which of the following company's production systems?

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

(True/False)
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According to the text,a warehouse location strategy that proposes locating a warehouse closest to the sources of supply is referred to as:

(Multiple Choice)
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