1|Page
SCMN QUIZZES EXAM WITH CORRECT ACTUAL
QUESTIONS AND CORRECTLY WELL DEFINED
ANSWERS LATEST 2025 ALREADY GRADED A+
What type of purchases should receive a supply manager's lowest priority and
time commitment? - (answers)generic goods
What is the financial goal of procurement? - (answers)Lowest total cost of
ownership
What is the procurement process? - (answers)Identify material & service needs
Evaluate supplier options
Select supplier
Release orders and receive products
Measure and manage performance
The purchase cycle begins with identification and evaluation of needs. The more
expensive and unique the goods, the more time and effort will be required. -
(answers)TRUE
Why would a company choose to keep production in house instead of buying
them from an external supplier - (answers)it has competitive secrets to protect
If production of goods is a core competency of your organization, you should -
(answers)keep manufacturing in-house
,2|Page
What will drive the next wave of sourcing values? - (answers)deeper collaboration
and supplier commitment
The mass customization manufacturing strategy focuses on reducing waste and
problem solving by workers - (answers)FALSE
How do you reduce the waste of inventory? - (answers)just in time delivery of raw
materials
resources that are treated, transformed, or converted in some way are called -
(answers)INPUTS
What is the ultimate goal of lean production system? - (answers)to eliminate
waste in the production process
Why is supply chain planning such an important activity? - (answers)it helps
managers improve flows and control cost
Short term solutions for improving capacity performance include - (answers)use
labor overtime and maximize work on key tasks
design capacity is greater than - (answers)effective capacity
, 3|Page
Design Capacity - (answers)The maximum output rate or service capacity an
operation, process, or facility is designed for
effective capacity - (answers)the capacity a firm can expect to achieve, given its
product mix, methods of scheduling, maintenance, and standards of quality
What type of forecasting methods use experts, market analysis, and opinions to
predict demand? - (answers)qualitative forecasting
Collaborative Planning - (answers)sharing information and synchronizing
production plans across the supply chain
Sales and Operations Planning - (answers)-ties your operational plan to your
strategic business plan, providing a holistic view of demand, supply, and finance
so that you can plan to profit
-finance, supply chain management, manufacturing, but NOT Human Resources
Quantitative Forecasting - (answers)uses mathematical models and historical data
to make forecasts
an effective way to improve forecast accuracy is to focus on reducing forecast
error - (answers)TRUE
SCMN QUIZZES EXAM WITH CORRECT ACTUAL
QUESTIONS AND CORRECTLY WELL DEFINED
ANSWERS LATEST 2025 ALREADY GRADED A+
What type of purchases should receive a supply manager's lowest priority and
time commitment? - (answers)generic goods
What is the financial goal of procurement? - (answers)Lowest total cost of
ownership
What is the procurement process? - (answers)Identify material & service needs
Evaluate supplier options
Select supplier
Release orders and receive products
Measure and manage performance
The purchase cycle begins with identification and evaluation of needs. The more
expensive and unique the goods, the more time and effort will be required. -
(answers)TRUE
Why would a company choose to keep production in house instead of buying
them from an external supplier - (answers)it has competitive secrets to protect
If production of goods is a core competency of your organization, you should -
(answers)keep manufacturing in-house
,2|Page
What will drive the next wave of sourcing values? - (answers)deeper collaboration
and supplier commitment
The mass customization manufacturing strategy focuses on reducing waste and
problem solving by workers - (answers)FALSE
How do you reduce the waste of inventory? - (answers)just in time delivery of raw
materials
resources that are treated, transformed, or converted in some way are called -
(answers)INPUTS
What is the ultimate goal of lean production system? - (answers)to eliminate
waste in the production process
Why is supply chain planning such an important activity? - (answers)it helps
managers improve flows and control cost
Short term solutions for improving capacity performance include - (answers)use
labor overtime and maximize work on key tasks
design capacity is greater than - (answers)effective capacity
, 3|Page
Design Capacity - (answers)The maximum output rate or service capacity an
operation, process, or facility is designed for
effective capacity - (answers)the capacity a firm can expect to achieve, given its
product mix, methods of scheduling, maintenance, and standards of quality
What type of forecasting methods use experts, market analysis, and opinions to
predict demand? - (answers)qualitative forecasting
Collaborative Planning - (answers)sharing information and synchronizing
production plans across the supply chain
Sales and Operations Planning - (answers)-ties your operational plan to your
strategic business plan, providing a holistic view of demand, supply, and finance
so that you can plan to profit
-finance, supply chain management, manufacturing, but NOT Human Resources
Quantitative Forecasting - (answers)uses mathematical models and historical data
to make forecasts
an effective way to improve forecast accuracy is to focus on reducing forecast
error - (answers)TRUE
