SCM HW Exam 1 Questions & Answers 2024/2025
Geographic postponement is characterized by - ANSWERStimely delivery
Which stage of the product life cycle should focus on achieving minimum cost per unit delivery? - ANSWERSDecline
Which of the following is not a technology disruptor? - ANSWER...
Geographic postponement is characterized by - ANSWERStimely delivery
Which stage of the product life cycle should focus on achieving minimum cost per unit delivery? -
ANSWERSDecline
Which of the following is not a technology disruptor? - ANSWERS"Want it now"
Which of the following is not a common theme among supply chain management definitions? -
ANSWERSAcquiring as few outside resources as possible and producing most products in-house.
Which of the following is not an aspect of a synchronized operating environment? - ANSWERSValue
Creation.
Ford Motor Company initially tried to convert all raw materials needed to produce cars at one plant. This
is an example of ______. - ANSWERSold paradigm
Which Supply chain business model has maximum responsiveness? - ANSWERSBalanced Business Model
Firms that work with key supply chain partners to improve the operation of the integrated supply chain
do which of the following? - ANSWERSAchieve competitive advantage
A characteristic of the durables supply chain is: - ANSWERSRequires specialized equipment
Which of the following is not part of the life cycle? - ANSWERSResearch and development
Economic profits is influenced by: - ANSWERSAsset utilization, expenses, revenues
, Which of the following supply chains have a primary focus on maximizing delivery volume over the last
mile? - ANSWERSB2C supply chain
Which strengths did MSU combine to create their unique and integrated approach to SCM? -
ANSWERSprocurement, operation, and logistics
Which of the following is NOT one of the supply chain processes? - ANSWERSLogistics
Not all firms include the same activities in supply chain management. Which of the following is often
excluded? - ANSWERSManufacturing
Which of the following is not one of the objectives of supply chain integration? - ANSWERSMinimum
Purchase Price
Which of the following is not an institution in the integrated supply chain model? - ANSWERSInventories
Firms focus on supply chain management to achieve a competitive advantage by ______. -
ANSWERSCreating a differential advantage that is difficult to duplicate
Which of the following supply chain information systems modules provide the interface between
capacity and transaction volume? - ANSWERSInventory Management
Which of the following is NOT a way to change process capacity? - ANSWERSIncrease Demand
The middle of supply chain information systems (SCIS) framework is which of the following? -
ANSWERSEnterprise planning and Monitoring
Which of the following is/are not included in Enterprise Operations? - ANSWERSAccounts Receivable and
Payable
Which of the following is NOT a way to expand process capacity? - ANSWERSIncrease Labor Pay
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