QUESTIONS AND CORRECT ANSWERS
Operations, marketing, and finance function independently of each other in most organizations. -
CORRECT ANSWER False
If a logistics manager wants to lower transportation costs, which is the following is also likely to be
true: - CORRECT ANSWER Inventory, Warehouse and Labor costs will all go up.
Securing the best partners within your supply chain will confer you a competitive advantage. -
CORRECT ANSWER False
Service often requires greater labor content, whereas manufacturing is more capital intensive. -
CORRECT ANSWER True
Product design and process selection are examples of _______ decisions. - CORRECT
ANSWER system design
If a logistics manager increases the number of warehouses from 5 to 10, total transportation costs will
likely - CORRECT ANSWER go down
Which processes are considered Supply Chain processes?(Check ALL that apply) - CORRECT
ANSWER - Order Fulfillment
- Supplier Relationship Management
- Customer Relationship Management
- Demand Management
- Customer Service Management
- Returns Management
- Manufacturing Flow Management
- Product Development
Why are ports on the West Coast experiencing such high congestion?(Check ALL that apply) -
CORRECT ANSWER - Availability of warehouse space