OMGT 3123 FINAL EXAM QUESTIONS AND ANSWERS
The chief objective of supply chain management? - Answers -To achieve and sustain a
competitive advantage
In SCOR DS Model is the diagram that identifies the organizations upstream and
downstream in supply chain? - Answers -false? the SCOR is not talking about the
difference between upstream and downstream, it looks at the entire process
Flexibility - Answers -the ability of a system to cope with changes and respond to
customer needs within the supply chain effectively and efficiently
A supply chain may be thought of (as consisting of 3 parts) - Answers -sourcing,
operations, and logostics
Who developed the value chain model? - Answers -Michael Porter
What are the benefits of a flexible supply chain? - Answers -protection against threats,
ability to adapt quickly, and process simplification
business process is a structural set of activities designed to produce a specific output -
Answers -true
business process management consist of the following steps except.... - Answers -
bottleneck identification (includes: design, optimize, execute, monitor)
which of the following is NOT a benefit of using business process management -
Answers -increased value added time(benefits: reduced waste, improved process
consistency, increased productivity)
productivity is expressed as......... - Answers -output divided by input
when an organization compares products, services, and processes against those of
organizations known to be leaders in one or more aspect of their operations, they are
engaging in......... - Answers -benchmarking
___________ products involve no customization but ____________ products are
completely customized driven by actual customer orders. - Answers -make to stock,
make to order
which of the following refers to a production environment where a product can be made
from common components after receipt of a customer's order - Answers -assemble to
order
The chief objective of supply chain management? - Answers -To achieve and sustain a
competitive advantage
In SCOR DS Model is the diagram that identifies the organizations upstream and
downstream in supply chain? - Answers -false? the SCOR is not talking about the
difference between upstream and downstream, it looks at the entire process
Flexibility - Answers -the ability of a system to cope with changes and respond to
customer needs within the supply chain effectively and efficiently
A supply chain may be thought of (as consisting of 3 parts) - Answers -sourcing,
operations, and logostics
Who developed the value chain model? - Answers -Michael Porter
What are the benefits of a flexible supply chain? - Answers -protection against threats,
ability to adapt quickly, and process simplification
business process is a structural set of activities designed to produce a specific output -
Answers -true
business process management consist of the following steps except.... - Answers -
bottleneck identification (includes: design, optimize, execute, monitor)
which of the following is NOT a benefit of using business process management -
Answers -increased value added time(benefits: reduced waste, improved process
consistency, increased productivity)
productivity is expressed as......... - Answers -output divided by input
when an organization compares products, services, and processes against those of
organizations known to be leaders in one or more aspect of their operations, they are
engaging in......... - Answers -benchmarking
___________ products involve no customization but ____________ products are
completely customized driven by actual customer orders. - Answers -make to stock,
make to order
which of the following refers to a production environment where a product can be made
from common components after receipt of a customer's order - Answers -assemble to
order
