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SCM 303 Exam 1 Questions And 100% Correct Answers
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SCM 303 Exam 1 Questions And 100%Correct Answers
Which of the following is not a technology disrupter?
Autonomous Vehicle
"Uberization"
"Want it now"
Alternative fuels - ANSWER "Want it now"
Which of the following is not a common theme among supply chain management
definitions?
Require the performance of a series of physical and service processes
Require execution of sequence of functions
Provide a combination of product, service, or solution to the end-consumer
Getting as few outside resources as possible while producing most products in-house -
ANSWER Getting as few outside resources as possible while producing most products
in-house
Not all firms include the same activities in supply chain management. Which of the
following is often excluded?
,Logistics
Manufacturing
Planning
Procurement - ANSWER Manufacturing
Product Life Cycle - ANSWER Introduction (launch), growth, maturity, decline
Which of the following strengths did MSU combine to create their unique and integrated
approach to SCM? - ANSWER Procurement, operations, and logistics
Which of the following is NOT one of the supply chain processes?
Life cycle support
Logistics
Demand planning responsiveness
Order fulfillment/service delivery - ANSWER Logistics
Which of the following is not one of the objectives of supply chain integration?
Quality and life cycle support
, Transportation consolidation
Reduced duplication and redundancy
Minimum purchase price - ANSWER Minimum purchase price
Which of the following is not a characteristic of a synchronized operating environment?
Integrated OTD execution
Point-in-time performance
Cycle time compression
Value creation - ANSWER Value creation
Economic profit is impacted by. - ANSWER Expenses, revenue, asset utilization
What type of supply chain business model has highest responsiveness? - ANSWER
Balanced business model
What is typical for the durables supply chain? - ANSWER Needs special equipment
What is geographic postponement characterized by? - ANSWER Delivery on time
Ford Motor Company first tried to convert all raw materials needed to make automobiles
at one location. This is a good example of. - ANSWER Old paradigm
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