SCM 4350 Final UPDATED ACTUAL Questions And Correct Answers
C
Terms in this set (204)
The "great divide" in the supply chain occurs between Demand-focused activities and supply-focused activities
Which of the following would be a metric for a senior- Cash to Cash Cycle
level supply chain manager?
Ted's analysis leads him to divide his customers into 3 To enable him to serve his best customers at a higher level and promote his best
categories based on profitability. products.
A- these are his top 20% of products and customers
B- these are the next 50% products and customers
C-these are the bottom 30% of products and customers
Which of the following should have the MOST influence Marketing
in determining end product specification, so as to
minimize the potential for returns?
A firm is a recognized cost leader but has a strategic goal Offer customized services to key customers
to become a cost and service leader. What is one
initiative that could be planned and implemented to
achieve this goal?
Supply chain management must demonstrate how Improving asset turns, increasing top-line revenues, and increasing profitability
improved value contributes to improvements in financial through cost reductions and efficiencies.
performance what are three mayor ways supply chain
does this?
A Wall Street Journal article reports on Delta's recent Companies need to evaluate cost-to-serve versus perceived benefits.
investment in luggage tracking, switching to baggage
tags with radio frequency ID chips embedded. This will
allow the airline to accurate track customer baggage in
real-time. Even though the new technology costs a great
deal. Delta could save on a few luggage claims and
delivers what does this example implies?
You walk into Ted's Wicked Dive Shop and order a Place
custom-designed diving mask that is fitted to the
dimensions of your face. You are really pumped about
the purchase, and expect deliver in 10 days. Two weeks
later you call Ted and ask him where your mask is. It turns
out that the order was shipped in 9 days, but to another
customer with the same name who lives in Nashville.
What kind of value did Ted fail to provide?
, _ is the process of incorporating or bring together Integration
different groups, functions, organizations, either formally
or informally, physically or by information technology to
work jointly and often concurrently on a common
business-related assignment or purpose
If your company is trying to determine what customers Customers
want, the best source of information is
You've graduated and are in the job market. In an WPC probably does not have a clear conception of supply chain management
interview with Widget Production Company, you start because SCM is about systematic integration across multiple functions, including
discussing supply chain management with the hiring purchasing manufacturing and logistics.
manager. He tells you that at WPC, logistics and supply
chain management basically mean the same thing. This
should indicate to you that
Which of the following is NOT a complete of the SCOR Share
model?
Should all customers receive the same level of customer No
service?
All of the following are primary factors driving an The ability of an organization's supply chain to identify and maximize risk
emphasis on supply chain management except? facilitates disruptions in supply to reduce waste.
All of the following are primary factors driving an The ability of an organization to identify and maximize risk facilities disruptions in
emphasis on supply chain management except? supply to reduce waste.
On the demand creation side, __________ is concerned Marketing
with determining and shaping long term customer need
and innovating offerings to satisfy those needs.
The key benefit of partner involvement at the early stages The ability of partners to provide early feedback and react to design possibilities.
of product and design innovation is
Toyota compares itself to Honda, Nissan and other car Competitive benchmarking
companies. Toyota's supply management group uses
these other firms as a standard of reference in judging
Toyota's performance
which of the following is an example of an end-to-end Overall cycle time from order to customer delivery
supply chain measure.
Supply chain measurement is important for all the To build the income statement
reasons below EXCEPT
C
Terms in this set (204)
The "great divide" in the supply chain occurs between Demand-focused activities and supply-focused activities
Which of the following would be a metric for a senior- Cash to Cash Cycle
level supply chain manager?
Ted's analysis leads him to divide his customers into 3 To enable him to serve his best customers at a higher level and promote his best
categories based on profitability. products.
A- these are his top 20% of products and customers
B- these are the next 50% products and customers
C-these are the bottom 30% of products and customers
Which of the following should have the MOST influence Marketing
in determining end product specification, so as to
minimize the potential for returns?
A firm is a recognized cost leader but has a strategic goal Offer customized services to key customers
to become a cost and service leader. What is one
initiative that could be planned and implemented to
achieve this goal?
Supply chain management must demonstrate how Improving asset turns, increasing top-line revenues, and increasing profitability
improved value contributes to improvements in financial through cost reductions and efficiencies.
performance what are three mayor ways supply chain
does this?
A Wall Street Journal article reports on Delta's recent Companies need to evaluate cost-to-serve versus perceived benefits.
investment in luggage tracking, switching to baggage
tags with radio frequency ID chips embedded. This will
allow the airline to accurate track customer baggage in
real-time. Even though the new technology costs a great
deal. Delta could save on a few luggage claims and
delivers what does this example implies?
You walk into Ted's Wicked Dive Shop and order a Place
custom-designed diving mask that is fitted to the
dimensions of your face. You are really pumped about
the purchase, and expect deliver in 10 days. Two weeks
later you call Ted and ask him where your mask is. It turns
out that the order was shipped in 9 days, but to another
customer with the same name who lives in Nashville.
What kind of value did Ted fail to provide?
, _ is the process of incorporating or bring together Integration
different groups, functions, organizations, either formally
or informally, physically or by information technology to
work jointly and often concurrently on a common
business-related assignment or purpose
If your company is trying to determine what customers Customers
want, the best source of information is
You've graduated and are in the job market. In an WPC probably does not have a clear conception of supply chain management
interview with Widget Production Company, you start because SCM is about systematic integration across multiple functions, including
discussing supply chain management with the hiring purchasing manufacturing and logistics.
manager. He tells you that at WPC, logistics and supply
chain management basically mean the same thing. This
should indicate to you that
Which of the following is NOT a complete of the SCOR Share
model?
Should all customers receive the same level of customer No
service?
All of the following are primary factors driving an The ability of an organization's supply chain to identify and maximize risk
emphasis on supply chain management except? facilitates disruptions in supply to reduce waste.
All of the following are primary factors driving an The ability of an organization to identify and maximize risk facilities disruptions in
emphasis on supply chain management except? supply to reduce waste.
On the demand creation side, __________ is concerned Marketing
with determining and shaping long term customer need
and innovating offerings to satisfy those needs.
The key benefit of partner involvement at the early stages The ability of partners to provide early feedback and react to design possibilities.
of product and design innovation is
Toyota compares itself to Honda, Nissan and other car Competitive benchmarking
companies. Toyota's supply management group uses
these other firms as a standard of reference in judging
Toyota's performance
which of the following is an example of an end-to-end Overall cycle time from order to customer delivery
supply chain measure.
Supply chain measurement is important for all the To build the income statement
reasons below EXCEPT
