SCMN Test 1 Study Guide Questions and Answers All Correct
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Module
SCMN
Institution
SCMN
SCMN Test 1 Study Guide Questions and Answers All Correct
What is sequencing? - Answer-organizing order in which jobs will be done
What are the benefits of effective sequencing? - Answer-Goal is to maximize utilization while minimizing completion
time, number of jobs in the system, and lat...
SCMN Test 1 Study Guide Questions
and Answers All Correct
What is sequencing? - Answer-organizing order in which jobs will be done
What are the benefits of effective sequencing? - Answer-Goal is to maximize utilization
while minimizing completion
time, number of jobs in the system, and late deliveries
Which of the 7 principles of SCM apply to network design and supply chain planning? -
Answer-Principle 3: Listen to market signals and align demand planning accordingly
across the supply chain,
ensuring consistent forecasts and optimal resource allocation.
Which of the following is not a primary SCM process?
a. Marketing
b. Logistics
c. Manufacturing
d. Procurement - Answer-a. Marketing
Which utility allows companies to tailor goods to customer specifications?
a. Time utility
b. Place utility
c. Sales utility
d. Form utility - Answer-d. form utility
Your boss asks: "how can a company use SCM to achieve value?" Your response
should focus on...
a. Producing a quality product that customers will want to purchase (better)
b. Being adaptable to changing customer requirements (faster)
c. Efficiently using resources in the conversion of inputs into finished goods (cheaper)
d.All of the above should be mentioned as SCM value drivers - Answer-d. All of the
above should be mentioned as SCM value drivers
What is the most important flow in a supply chain?
a. Information flow
b. Product flow
c. Financial Flow
, d. Possibly any of the above. It depends on the situation. - Answer-D. possibly any of
the above. depends on the situation.
Supply chain management simply focuses on moving and storing products. You don't
have to worry about strategy, people issues, or information.
a.true
b.false - Answer-b.false
The episode 1 supply chain in action video, focuses on what product?
a. apple iphones
b. mcdonald's french fries
c. dell computers
d. starbucks coffee - Answer-b. mcdonald's french fries
If a supply chain network is highly centralized, what are the likely outcomes?
a.Inventory investment is reduced and customer service levels are maximized.
b.Inbound transportation costs go down but safety stock levels go up.
c.Outbound transportation costs go up but inventory investment goes down
d.Inventory increases and outbound transportation costs decline. - Answer-c.Outbound
transportation costs go up but inventory investment goes down
According to the Episode 2 reading, what factors tend to pull facilities away from the
marketplace?
a. High capital costs and high income levels of customers.
b. High land and labor costs.
c. Heavy competition and many customers.
d. Lack of labor and high product substitutability. - Answer-b. High land and labor costs.
Large companies tend to use a variety of product flow methods and multiple supply
chain networks to move product to the marketplace.
a. true
b. false - Answer-a.true
This point-to-point service method eliminates facilities and inventory but creates a
higher risk of stockouts:
a. Warehouse
b. Distribution Center
c. Direct Delivery
d. Cross Dock - Answer-c. direct delivery
What is the most time consuming step in a strategic network design project?
a. comparing and contrasting the analysis results
b. testing various networks scenarios
c. gathering and validating the data
d. defining the situation and goals - Answer-c. gathering and validating the date
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