SUPPLY CHAIN: EXAM 1 MINDTAP
QUESTIONS AND ANSWERS
"The planning, scheduling, and control of the activities that transform inputs into finished
goods andservices" is the definition of
A.service operations.
B.supply chain.
C.operations management.
D.operations function. - Correct Answers -C.operations management.
"A network of manufacturers and service providers that work together to convert and
move goods from the raw materials stage through to the end user" is the definition of
A.operations function.
B.service operations.
C.supply chain.
D.operations management. - Correct Answers -C.supply chain.
Which of these statements about the transformation process is best?
A.Inputs to operations usually come from only one place and take one form.
B.Operations are highly dependent on the quality of inputs.
C.Operations activities are usually independent of other business activities such as
engineering and marketing.
D.The availability of inputs usually has little impact on the operations function. - Correct
Answers -B.Operations are highly dependent on the quality of inputs.
Which of these is NOT a flow that moves up and down the supply chain?
A.information
B.physical
C.procedural
D.monetary - Correct Answers -C.procedural
Which area of the SCOR model includes the activities that are necessary to handle
warranty repairs and exchanges or shipments in excess of what is needed at a retail
location?
A.delivery
B.source
C.return
D.planning - Correct Answers -C.return
A retailer cooperates with a manufacturer by coordinating promotional activities (items
they plan to put on sale and advertise heavily) with the manufacturer to assist the
, manufacturer plan production and inventory. This is an example of which of the
following important trends in operations and supply chainmanagement?
A.Relationship Management
B.Electronic Commerce
C.Increasing Competition and Globalization
D.Radio Frequency Identification (RFID) - Correct Answers -A.Relationship
Management
The supply chain function works with finance and accounting on determining capital
investments in manufacturing plants and resource levels, such as workforce. This
supply chain activity is
A.purchasing.
B.forecasting.
C.capacity planning.
D.logistics. - Correct Answers -C.capacity planning.
The approach to S&OP that is used when the product/service mix is unstable and
resource requirements vary greatly across the offerings is
A.top-down planning.
B.level.
C.chase.
D.bottom-up planning. - Correct Answers -D.bottom-up planning.
The approach to S&OP that is used when the mix of products or services is the same
from one period to the next and resource needs are similar across various products
offered is
A.bottom-up planning.
B.level.
C.chase.
D.top-down planning. - Correct Answers -D.top-down planning.
"A planning approach in which an organization updates its sales and operations plan
regularly, such as on a monthly or quarterly basis" is the definition of a
A.top-down planning horizon.
B.bottom-up planning horizon.
C.rolling planning horizon.
D.tactical planning horizon. - Correct Answers -C.rolling planning horizon.
The supply chain function works with marketing and engineering to identify and qualify
suppliers of goods and services as well as manage on-going supplier relationships. This
supply chain activity is
A.logistics.
B.purchasing.
C.capacity planning.
D.forecasting. - Correct Answers -B.purchasing.
QUESTIONS AND ANSWERS
"The planning, scheduling, and control of the activities that transform inputs into finished
goods andservices" is the definition of
A.service operations.
B.supply chain.
C.operations management.
D.operations function. - Correct Answers -C.operations management.
"A network of manufacturers and service providers that work together to convert and
move goods from the raw materials stage through to the end user" is the definition of
A.operations function.
B.service operations.
C.supply chain.
D.operations management. - Correct Answers -C.supply chain.
Which of these statements about the transformation process is best?
A.Inputs to operations usually come from only one place and take one form.
B.Operations are highly dependent on the quality of inputs.
C.Operations activities are usually independent of other business activities such as
engineering and marketing.
D.The availability of inputs usually has little impact on the operations function. - Correct
Answers -B.Operations are highly dependent on the quality of inputs.
Which of these is NOT a flow that moves up and down the supply chain?
A.information
B.physical
C.procedural
D.monetary - Correct Answers -C.procedural
Which area of the SCOR model includes the activities that are necessary to handle
warranty repairs and exchanges or shipments in excess of what is needed at a retail
location?
A.delivery
B.source
C.return
D.planning - Correct Answers -C.return
A retailer cooperates with a manufacturer by coordinating promotional activities (items
they plan to put on sale and advertise heavily) with the manufacturer to assist the
, manufacturer plan production and inventory. This is an example of which of the
following important trends in operations and supply chainmanagement?
A.Relationship Management
B.Electronic Commerce
C.Increasing Competition and Globalization
D.Radio Frequency Identification (RFID) - Correct Answers -A.Relationship
Management
The supply chain function works with finance and accounting on determining capital
investments in manufacturing plants and resource levels, such as workforce. This
supply chain activity is
A.purchasing.
B.forecasting.
C.capacity planning.
D.logistics. - Correct Answers -C.capacity planning.
The approach to S&OP that is used when the product/service mix is unstable and
resource requirements vary greatly across the offerings is
A.top-down planning.
B.level.
C.chase.
D.bottom-up planning. - Correct Answers -D.bottom-up planning.
The approach to S&OP that is used when the mix of products or services is the same
from one period to the next and resource needs are similar across various products
offered is
A.bottom-up planning.
B.level.
C.chase.
D.top-down planning. - Correct Answers -D.top-down planning.
"A planning approach in which an organization updates its sales and operations plan
regularly, such as on a monthly or quarterly basis" is the definition of a
A.top-down planning horizon.
B.bottom-up planning horizon.
C.rolling planning horizon.
D.tactical planning horizon. - Correct Answers -C.rolling planning horizon.
The supply chain function works with marketing and engineering to identify and qualify
suppliers of goods and services as well as manage on-going supplier relationships. This
supply chain activity is
A.logistics.
B.purchasing.
C.capacity planning.
D.forecasting. - Correct Answers -B.purchasing.
