Global Supply Chain Management; Chapter summary
Summary Global Supply Chain Management VU IBA
TRL3709 Prescribed Book - Supply Chain Management: Strategy, Planning, and Operation, Chopra, S. 7th Edition
All for this textbook (30)
Written for
Vrije Universiteit Amsterdam (VU)
International Business Administration
Global Supply Chain Management (E_IBA1_GSCM)
All documents for this subject (33)
6
reviews
By: HVanDuijnen • 1 year ago
By: sebastianvoogtarvesen • 1 year ago
By: josephinevanrijn • 2 year ago
Answer should not be so close to the question itself
By: shahdelbahtiti15 • 2 year ago
By: donia_abdelgalil2022 • 2 year ago
By: shukrimh99 • 2 year ago
Seller
Follow
AquilaEducation
Reviews received
Content preview
Supply Chain Management, 6e, Global Edition (Chopra/Meindl)
Chapter 1 Understanding the Supply Chain
1.1 True/False Questions
1) A supply chain could be more accurately described as a supply network or supply web.
Answer: TRUE
Diff: 2
Topic: 1.1 What Is a Supply Chain?
AACSB: Application of knowledge
Objective: LO 1.1: Discuss the goal of a supply chain and explain the impact of supply chain
decisions on the success of a firm.
2) All stages of an enterprise are involved, either directly or indirectly, in fulfilling a customer
request.
Answer: TRUE
Diff: 2
Topic: 1.1 What Is a Supply Chain?
AACSB: Application of knowledge
Objective: LO 1.1: Discuss the goal of a supply chain and explain the impact of supply chain
decisions on the success of a firm.
3) A supply chain includes only the organizations directly involved in supplying components
needed for manufacturing.
Answer: FALSE
Diff: 2
Topic: 1.2 The Objective of a Supply Chain
AACSB: Application of knowledge
Objective: LO 1.1: Discuss the goal of a supply chain and explain the impact of supply chain
decisions on the success of a firm.
4) The objective of every supply chain is to maximize the overall value generated.
Answer: TRUE
Diff: 1
Topic: 1.2 The Objective of a Supply Chain
AACSB: Application of knowledge
Objective: LO 1.1: Discuss the goal of a supply chain and explain the impact of supply chain
decisions on the success of a firm.
,6) The objective of customer order entry is to maintain a record of product receipt and complete
payment.
Answer: FALSE
Diff: 3
Topic: 1.2 The Objective of a Supply Chain
AACSB: Application of knowledge
Objective: LO 1.1: Discuss the goal of a supply chain and explain the impact of supply chain
decisions on the success of a firm.
7) The difference between the value of the product and its price remains with the customer as
consumer surplus.
Answer: TRUE
Diff: 1
Topic: 1.2 The Objective of a Supply Chain
AACSB: Application of knowledge
Objective: LO 1.1: Discuss the goal of a supply chain and explain the impact of supply chain
decisions on the success of a firm.
8) The supply chain planning phase exceeds the supply chain design phase in duration.
Answer: FALSE
Diff: 2
Topic: 1.4 Decision Phases in a Supply Chain
AACSB: Application of knowledge
Objective: LO 1.2: Identify the three key supply chain decision phases and explain the
significance of each one.
9) The goal during the supply chain operation phase is to exploit the reduction of uncertainty and
optimize performance.
Answer: TRUE
Diff: 2
Topic: 1.4 Decision Phases in a Supply Chain
AACSB: Application of knowledge
Objective: LO 1.2: Identify the three key supply chain decision phases and explain the
significance of each one.
10) The replenishment cycle occurs at the retailer/distributor interface.
Answer: TRUE
Diff: 3
Topic: 1.5 Process Views of a Supply Chain
AACSB: Application of knowledge
Objective: LO 1.3: Describe the cycle and push/pull views of a supply chain.
, 11) The manufacturing cycle occurs at the distributor/manufacturer interface.
Answer: TRUE
Diff: 2
Topic: 1.5 Process Views of a Supply Chain
AACSB: Application of knowledge
Objective: LO 1.3: Describe the cycle and push/pull views of a supply chain.
12) The push/pull view of a supply chain holds that the processes in a supply chain are divided
into 2 categories depending on whether they are initiated in response to or in anticipation of
customer orders.
Answer: TRUE
Diff: 1
Topic: 1.5 Process Views of a Supply Chain
AACSB: Application of knowledge
Objective: LO 1.3: Describe the cycle and push/pull views of a supply chain.
13) The production scheduling process in the manufacturing cycle is similar to the order entry
process in the replenishment cycle.
Answer: TRUE
Diff: 3
Topic: 1.5 Process Views of a Supply Chain
AACSB: Application of knowledge
Objective: LO 1.3: Describe the cycle and push/pull views of a supply chain.
14) The cycle view of a supply chain holds that the processes in a supply chain are divided into 2
categories depending on whether they are initiated in response to or in anticipation of customer
orders.
Answer: FALSE
Diff: 2
Topic: 1.5 Process Views of a Supply Chain
AACSB: Application of knowledge
Objective: LO 1.3: Describe the cycle and push/pull views of a supply chain.
15) The procurement cycle occurs at the manufacturer/supplier interface.
Answer: TRUE
Diff: 1
Topic: 1.5 Process Views of a Supply Chain
AACSB: Application of knowledge
Objective: LO 1.3: Describe the cycle and push/pull views of a supply chain.
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 EFT, 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 this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller AquilaEducation. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R126,27. You're not tied to anything after your purchase.