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Exam (elaborations)

SCMN 3150 || with Errorless Solutions 100%.

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  • SCMN 3150

According to the Episode 1 reading (found on ), what benefit is achieved by supply chain integration? correct answers Shorter order cycle times Supply chain management simply focuses on moving and storing products. You don't have to worry about strategy, people issues, or information. correct an...

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  • September 17, 2024
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  • SCMN 3150
  • SCMN 3150
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SCMN 3150 || with Errorless Solutions 100%.
According to the Episode 1 reading (found on operationsscmn.org), what benefit is achieved by
supply chain integration? correct answers Shorter order cycle times

Supply chain management simply focuses on moving and storing products. You don't have to
worry about strategy, people issues, or information. correct answers False

What is driving greater company interest in supply chain management? correct answers More
intense competition

Which utility allows companies to tailor goods to customer specifications? correct answers Form
utility

Your boss asks: "how can a company use SCM to achieve value?" Your response should focus
on... correct answers All of the above should be mentioned as SCM value drivers

What type of supply chain configuration is most appropriate if a company needs to respond
quickly to changing demand, understand market variation, and achieve lower customer delivery
costs. . correct answers Decentralized supply chain

According to the Episode 2 reading, what factors tend to pull facilities away from the
marketplace? correct answers High land and labor costs.

This type of storage and fulfillment facility maximizes safety stock protection and lowers
delivery costs: correct answers Distribution Center

What is the most time consuming step in a strategic network design project? correct answers
Gathering and validating the data

Network design decisions are multi-dimensional. They must address a variety of timing,
location, and service requirements. correct answers True

Place the planning methods in the proper sequence of shortest range (days or weeks) to longest
range (years): correct answers Production planning, sales & operations planning, demand
planning, capacity planning

What role does technology play in supply chain planning? correct answers Provides modeling
tools and decision support capabilities

Which type of capacity planning strategy will aggressively add new capacity in anticipation of
future demand? correct answers Proactive capacity planning

What should be done with a forecast? correct answers It should drive decision making across the
supply chain.

, An effective way to improve forecast accuracy is to focus on reducing forecast error. correct
answers True

The S&OP article indicates that companies with effective sales and operations planning
processes improve their visibility across the organization and become more agile. correct
answers True

According to the MRP reading, a materials requirement planning system does all of the
following EXCEPT: correct answers Clarifies the price and quantity of final goods to be
produced

When setting up a sequencing priority, the goal is to maximize utilization while minimizing
completion time, number of jobs in the system, and late deliveries. correct answers True

Effective scheduling and sequencing of operations will reduce bottlenecks in processes and
improve facility throughput. correct answers True

What is the time focus on operations scheduling? correct answers Days and weeks

All of the following are valid reasons for adopting Sales and Operation Planning EXCEPT:
correct answers Create aggregate, intermediate range production plans

S&OP attempts to address all of the following questions EXCEPT: correct answers What is the
annual demand for our goods?

Which MRP report tells you about problems, reschedule notices, order changes, and expedites?
correct answers Exception report

Which of the following is NOT an output of an MRP process? correct answers Sales &
operations report

______________________ is a forward-looking plan for the production and component
purchase for final products over a given time horizon. correct answers Materials requirements
planning

Node correct answers A fixed point in a supply chain where valued added processes take place.
Goods are processed, transformed, mixed, held, or sold at nodes.

Link correct answers The transportation method used to connect the nodes (plants, warehouses,
stores) in a supply chain.

Plan correct answers creation of an overall strategy for synchronizing supply with demand in
your supply chains. This involves developing plans for managing resources, flows, and
relationships for optimal cost and service across the supply chain.

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