SCM Final Test Questions & Answers 2024/2025
Evidence of the growth and influence of supply management in an organization includes: - ANSWERSinvolvement in strategic planning and executive status of the chief supply officer.
Total Quality Management: (Choose all that apply)
Is managed pr...
Evidence of the growth and influence of supply management in an organization includes: -
ANSWERSinvolvement in strategic planning and executive status of the chief supply officer.
The document that lists and details the contents and conditions of a shipment is called ______. -
ANSWERSthe bill of lading
Company image may be directly influenced by: - ANSWERStreating suppliers in a fair and equitable
manner, complying with regulatory requirements and sustainability practices of suppliers.
The consignee is ______. - ANSWERSthe customer receiving the product
Which of these is not a cost of quality?
,External failure cost
Prevention cost
Design cost
Inspection cost - ANSWERSdesign cost
The use of the concepts of purchasing, procurement, supply, and supply chain management will vary
from organization to organization depending on: - ANSWERSthe organization's stage of development
and/or sophistication, the industry in which they operate and the organization's competitive position.
If you want the consignee to be responsible for goods while they are in-transit you should ship products
______. - ANSWERSto FOB origin
Design-for-Six-Sigma programs offer a set of quality standards accepted by all industries.
True or False - ANSWERSFalse
All of the following represent external failure cost EXCEPT the cost of:
Scrapping defective raw material.
Repairing items covered by warranty.
Replacing defective items found by customers.
Loss of goodwill and reputation. - ANSWERSScrapping Defective Raw Material
, The design and management of seamless, value-added processes across organizational boundaries to
meet the needs of the end customer is called: - ANSWERSSupply chain management
Generally the least costly method of moving product that is not gaseous, liquid, or slurry is: -
ANSWERSWater
Supply has the potential to contribute to: - ANSWERSprofitability, competitive position and sustainability
performance.
If a transportation vehicle has completed a delivery and is returned empty, the situation is called a: -
ANSWERSdeadhead
Rachel loves to bake cookies, but she has an old oven that has trouble maintaining a constant
temperature. If the acceptable temperature range for making the cookies is 350 plus or minus 5 degrees,
what is the allowable standard deviation in the temperature of her oven in order to achieve a Six Sigma
level of quality?
Standard Dev = ??? - ANSWERSStandard Dev = .833 degrees
= 10 degree range / (6*2)
For an organization with revenue of $100 million, purchases of $60 million, and profit of $8 million
before tax, a 10 percent reduction in purchase spend would result in an increase in profit of: -
ANSWERS75%
Among the following choices which is typically the most expensive transportation mode:
Air
Water
Truck
Rail - ANSWERSair
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Bensuda. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.