Question 1

When was SCM developed?

Accepted Answer

A)  1950s 
B)  1970s 
C)  1990s 
D)  2004

Question 2

Consumer behavior,_____________,competition,and speed are the four changes resulting from advances in IT that are driving supply chains.

Accepted Answer

The answer of Consumer behavior,_____________,competition,and speed are the four changes...

Question 3

What is the set of processes that plans for and controls the efficient and effective transportation and storage of supplies from suppliers to customers?

Accepted Answer

A)  Supply chain execution 
B)  Logistics 
C)  Demand planning 
D)  Supply chain planning

Question 4

Which of the following generates demand forecasts using statistical tools and forecasting techniques?

Accepted Answer

A)  Bullwhip effect 
B)  Demand planning software 
C)  Supply chain visibility 
D)  Supply chain execution software

Question 5

Which of the following is not a principle of supply chain management?

Accepted Answer

A)  Customize the logistics network and focus intensively on the service requirements. 
B)  Listen to signals of market demand and plan accordingly. 
C)  Segment customers by service needs and then tailor services to those particular segments. 
D)  Listen to signals from telecommunications equipment and plan accordingly.

Question 6

Describe the four changes resulting from advances in IT that are driving supply chains.

Accepted Answer

The answer of Describe the four changes resulting from advances...

Question 7

Plan,source,make,deliver,and return are the five basic supply chain management components.

Accepted Answer

A) True 
 B)False

Question 8

Information technology's primary role in supply chain management is creating the integrations,or tight process and information linkages,between functions within a firm-such as marketing,sales,finance,manufacturing,and distribution-and between firms.

Accepted Answer