Supply Chain Review - Midterm 1 question and answers

Chapter 1 1. According to the textbook, supply chains include raw material suppliers, intermediate component manufacturers, end-product manufacturers, wholesale distributors, and retailers. ANS: T PTS: 1 2. According to the textbook, supply chains include raw material suppliers, intermediate component manufacturers, end-product manufacturers, but they do not include warehouses and retailers. ANS: F PTS: 1 3. Reverse logistics activities include the return of defective and damaged items to the manufacturer, and the recycling of used packaging. ANS: T PTS: 1 4. Reverse logistics activities include negotiating purchasing contracts with suppliers and delivering small shipment from manufacturer to distribution centers. ANS: F PTS: 1 5. Trucking companies, airfreight shipping companies, and information system providers can all be considered service providers to the supply chain.