Question 1

From TOC, "exploiting the constraint" means to:

Accepted Answer

A)  Define the constraint 
B)  Eliminate the constraint 
C)  Find ways to best utilize the constraint 
D)  Reduce variation 
E)  None of the above

Question 2

One element of supply chain network structure includes:

Accepted Answer

A)  Number of companies in the supply chain 
B)  Structural dimensions 
C)  Vertical integration 
D)  Supplier management 
E)  a and b

Question 3

Vertical integration is the preferred strategy for most companies.

Accepted Answer

A) True 
 B)False

Question 4

A fundamental principle of the Theory of Constraints (TOC) is that every process has at least one constraint that always must be eliminated entirely from the process.

Accepted Answer

A) True 
 B)False

Question 5

The maximum amount of output that can be delivered by a process is its complexity.

Accepted Answer

A) True 
 B)False

Question 6

Variation is a challenge because it adds ________ and _______ to a process:

Accepted Answer

A)  Demand and supply 
B)  Uncertainty and visibility 
C)  Flexibility and visibility 
D)  Complexity and uncertainty 
E)  None of the above

Question 7

Modules that are offered as part of an ERP system include:

Accepted Answer

A)  Manufacturing 
B)  Finance 
C)  Human resources 
D)  Supply chain management 
E)  All of the above

Question 8

A high-volume, low variability demand business requires which type of supply chain structure:

Accepted Answer

A)  Flexibility 
B)  Cost-efficient 
C)  Segmented 
D)  Responsive 
E)  a and b

Question 9

Information technology (IT) design enables businesses to manage processes.

Accepted Answer

A) True 
 B)False

Question 10

The transactional view of SCM processes are based on qualitative metrics.

Accepted Answer

A) True 
 B)False

Question 11

A key element that supports supply chain strategy is:

Accepted Answer

A)  Supply chain network design 
B)  Customization 
C)  Vertical integration 
D)  Sustainability 
E)  None of the above

Question 12

Variability exists in every process but it is not a problem for supply chains.

Accepted Answer

A) True 
 B)False

Question 13

Process outputs can be easily improved only by substituting new inputs.

Accepted Answer

A) True 
 B)False

Question 14

The transactional view of SCM processes focuses on making those processes more efficient.

Accepted Answer

A) True 
 B)False

Question 15

The type of product is not overly important in designing a SCM network structure.

Accepted Answer

A) True 
 B)False

Question 16

Logistical and resource constraints limit process outputs.

Accepted Answer

A) True 
 B)False

Question 17

It is possible for companies to have multiple, different supply chains.

Accepted Answer

A) True 
 B)False

Question 18

Firm ownership of upstream suppliers is known as:

Accepted Answer

A)  Capacity management 
B)  Vertical integration 
C)  Core competencies 
D)  Outsourcing 
E)  a and b

Question 19

An effective supply chain should be viewed as a series of separate organizations and functions.

Accepted Answer

A) True 
 B)False

Question 20

Describe how the variation in processes creates challenges for supply chains and provide an example.

Accepted Answer

The answer of Describe how the variation in processes creates...

Exam 3: Network and System Design

From TOC, "exploiting the constraint" means to:

One element of supply chain network structure includes:

Vertical integration is the preferred strategy for most companies.

A fundamental principle of the Theory of Constraints (TOC) is that every process has at least one constraint that always must be eliminated entirely from the process.

The maximum amount of output that can be delivered by a process is its complexity.

Variation is a challenge because it adds __ and _ to a process:

Modules that are offered as part of an ERP system include:

A high-volume, low variability demand business requires which type of supply chain structure:

Information technology (IT) design enables businesses to manage processes.

The transactional view of SCM processes are based on qualitative metrics.

A key element that supports supply chain strategy is:

Variability exists in every process but it is not a problem for supply chains.

Process outputs can be easily improved only by substituting new inputs.

The transactional view of SCM processes focuses on making those processes more efficient.

The type of product is not overly important in designing a SCM network structure.

Logistical and resource constraints limit process outputs.

It is possible for companies to have multiple, different supply chains.

Firm ownership of upstream suppliers is known as:

An effective supply chain should be viewed as a series of separate organizations and functions.

Describe how the variation in processes creates challenges for supply chains and provide an example.