SCMN 2150: Exam 1
Modules 1-4 Robert Straw
Questions and Answers
100% Pass
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
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the number of items that enter a backward flow due to defects, being out of date,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
📌📌- B. return
C. make
D. plan -
What should drive activity across the supply chain?
A. manufacturing efficiency
B. executive strategy
📌📌- C. customer demand
C. customer demand
D. marketing prediction -
Which supply chain process focuses on the transformation of inputs into outputs?
A. supply management
B. production
📌📌- B. production
C. logistics
D. post sales service -
_______ Management includes all the activities that take place to get a product
, 📌📌- C. supply chain
C. supply chain
D. operations -
What are the three key flows of a supply chain? - 📌📌- INFORMATION,
PRODUCTS, FINANCIALS
Create visibility, drive utility, release funds
7 Rights -📌📌- cost, consumer, condition, place, product, time, quantity
The 7 rights are part of the ... - 📌📌- fulfillment accuracy
Why is scm important - 📌📌- better, faster, cheaper
5 primary groups of Supply Chain - 📌📌- Suppliers, manufacturers, distributors,
retailers, and consumers
Supply Chain Management - 📌📌 - - Organization, people, activity, info,
resources
-plan, source, make, deliver, return
Most important participant in the supply chain - 📌📌- CONSUMER
📌📌- having things in the right season
Time utility -
Ex. sunscreen
📌📌- goods according to geographic location
Place utility -
Ex. winter coats
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
📌📌- D. safety
C. lower costs for handling and storage
D. safety stock to quickly handle customer demand spikes -
stock to quickly handle customer demand spikes
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
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
Modules 1-4 Robert Straw
Questions and Answers
100% Pass
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
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
📌📌- B. return
C. make
D. plan -
What should drive activity across the supply chain?
A. manufacturing efficiency
B. executive strategy
📌📌- C. customer demand
C. customer demand
D. marketing prediction -
Which supply chain process focuses on the transformation of inputs into outputs?
A. supply management
B. production
📌📌- B. production
C. logistics
D. post sales service -
_______ Management includes all the activities that take place to get a product
, 📌📌- C. supply chain
C. supply chain
D. operations -
What are the three key flows of a supply chain? - 📌📌- INFORMATION,
PRODUCTS, FINANCIALS
Create visibility, drive utility, release funds
7 Rights -📌📌- cost, consumer, condition, place, product, time, quantity
The 7 rights are part of the ... - 📌📌- fulfillment accuracy
Why is scm important - 📌📌- better, faster, cheaper
5 primary groups of Supply Chain - 📌📌- Suppliers, manufacturers, distributors,
retailers, and consumers
Supply Chain Management - 📌📌 - - Organization, people, activity, info,
resources
-plan, source, make, deliver, return
Most important participant in the supply chain - 📌📌- CONSUMER
📌📌- having things in the right season
Time utility -
Ex. sunscreen
📌📌- goods according to geographic location
Place utility -
Ex. winter coats
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
📌📌- D. safety
C. lower costs for handling and storage
D. safety stock to quickly handle customer demand spikes -
stock to quickly handle customer demand spikes
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
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
