SCMN 2150: Exam 1 Modules 1-4 Robert Straw
1. According to the Module 1 readings, what benefit is achieved by supply
chain integration?
A. reduced facility investment
B. greater demand planning accuracy
C. greater equipment utilization
D. rationalized product handling: B. greater demand planning accuracy
2. According to the Module 1 readings, the ______ process focuses on
minimizing the number of items that enter a backward flow due to defects,
being out of date, or needing to be recycled.
A. deliver
B. return
C. make
D. plan: B. return
3. What should drive activity across the supply chain?
A. manufacturing efficiency
B. executive strategy
C. customer demand
D. marketing prediction: C. customer demand
4. Which supply chain process focuses on the transformation of inputs into
outputs?
A. supply management
B. production
C. logistics
D. post sales service: B. production
5. _______ Management includes all the activities that take place to get a
product in your hands - from raw materials extraction to production and
final goods delivery.
A. logistics
B. supply
C. supply chain
, SCMN 2150: Exam 1 Modules 1-4 Robert Straw
D. operations: C. supply chain
6. What are the three key flows of a supply chain?: INFORMATION,
PRODUCTS, FINANCIALS
Create visibility, drive utility, release funds
7. 7 Rights: cost, consumer, condition, place, product, time, quantity
8. The 7 rights are part of the ...: fulfillment accuracy
9. Why is scm important: better, faster, cheaper
10. 5 primary groups of Supply Chain: Suppliers, manufacturers, distributors,
retailers, and consumers
11. Supply Chain Management: - Organization, people, activity, info, resources
-plan, source, make, deliver, return
12. Most important participant in the supply chain: CONSUMER
13. Time utility: having things in the right season
Ex. sunscreen
14. Place utility: goods according to geographic location
Ex. winter coats
15. Distribution centers provide what benefit that is not readily available with
cross-docking or direct delivery?
A. rapid movement of perishable goods B.
less likelihood of product damages
C. lower costs for handling and storage
D. safety stock to quickly handle customer demand spikes: D. safety stock to
quickly handle customer demand spikes
16. T/F: The primary benefit of a decentralized supply chain network is
customer proximity and the main drawback is a need for larger inventory
safety stock.: True
17. T/F: According to this week's readings, RBC found that Amazon has
grown its logistics network over the last three years the same amount that
Walmart has grown its network over the last 50 years.: True
18. A fixed point in a supply chain where goods are processed, mixed, held,
or sold is called a:
A. node
1. According to the Module 1 readings, what benefit is achieved by supply
chain integration?
A. reduced facility investment
B. greater demand planning accuracy
C. greater equipment utilization
D. rationalized product handling: B. greater demand planning accuracy
2. According to the Module 1 readings, the ______ process focuses on
minimizing the number of items that enter a backward flow due to defects,
being out of date, or needing to be recycled.
A. deliver
B. return
C. make
D. plan: B. return
3. What should drive activity across the supply chain?
A. manufacturing efficiency
B. executive strategy
C. customer demand
D. marketing prediction: C. customer demand
4. Which supply chain process focuses on the transformation of inputs into
outputs?
A. supply management
B. production
C. logistics
D. post sales service: B. production
5. _______ Management includes all the activities that take place to get a
product in your hands - from raw materials extraction to production and
final goods delivery.
A. logistics
B. supply
C. supply chain
, SCMN 2150: Exam 1 Modules 1-4 Robert Straw
D. operations: C. supply chain
6. What are the three key flows of a supply chain?: INFORMATION,
PRODUCTS, FINANCIALS
Create visibility, drive utility, release funds
7. 7 Rights: cost, consumer, condition, place, product, time, quantity
8. The 7 rights are part of the ...: fulfillment accuracy
9. Why is scm important: better, faster, cheaper
10. 5 primary groups of Supply Chain: Suppliers, manufacturers, distributors,
retailers, and consumers
11. Supply Chain Management: - Organization, people, activity, info, resources
-plan, source, make, deliver, return
12. Most important participant in the supply chain: CONSUMER
13. Time utility: having things in the right season
Ex. sunscreen
14. Place utility: goods according to geographic location
Ex. winter coats
15. Distribution centers provide what benefit that is not readily available with
cross-docking or direct delivery?
A. rapid movement of perishable goods B.
less likelihood of product damages
C. lower costs for handling and storage
D. safety stock to quickly handle customer demand spikes: D. safety stock to
quickly handle customer demand spikes
16. T/F: The primary benefit of a decentralized supply chain network is
customer proximity and the main drawback is a need for larger inventory
safety stock.: True
17. T/F: According to this week's readings, RBC found that Amazon has
grown its logistics network over the last three years the same amount that
Walmart has grown its network over the last 50 years.: True
18. A fixed point in a supply chain where goods are processed, mixed, held,
or sold is called a:
A. node
