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Exam (elaborations)

SCMN 3710 Study Guide, Practice Questions and Complete Course Review 2026

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SCMN 3710 Study Guide, Practice Questions and Complete Course Review 2026

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SCMN 3710 Study Guide, Practice Questions and Complete Course Review 2026


The primary Key Performance Indicators (KPIs) for supply chain managers are - correct answer
✔✔Total Cost, Customer Service Level, and CSL/TC



Two primary economic elements driving the rapid increase in global trade over the last 50 years
are - correct answer ✔✔increased availability of information and reduced transportation costs



Which of the following is NOT one of the the three main macroeconomic forces driving the
explosive growth in international trade since 1944: - correct answer ✔✔time and place utility



A critical outcome of the supply chain is to deliver - correct answer ✔✔the right product to the
right place.



Which of the below is not one of the external forces driving the rate of change and shaping our
economic and political landscape? - correct answer ✔✔Environmental concerns



Most retailers are essentially supply chain companies since - correct answer ✔✔they buy
products produced by others.



Which is not an important issue for economic development and vitality of the economy - correct
answer ✔✔Entrepreneurship



Where is a megacity most likely to develop? - correct answer ✔✔Asia



Which two countries account for approximately 36% of the total world population? - correct
answer ✔✔China, India

, The utility that is created by moving goods from production points to market points where
demand exists is referred to as: - correct answer ✔✔Place



When a specific point in time, or level of production, is chosen and costs are developed for the
various logistics cost centers, it is called - correct answer ✔✔short run analysis



As a firm spends more on transportation service, cost of lost sales: - correct answer
✔✔Decrease



In the short run, the firm's network is _________ while in the long run it is ________. - correct
answer ✔✔fixed, Variable



Application of the grid technique to the location of a city warehouse - correct answer
✔✔incorporates a blanket rate structure that applies the same rate from an origin to any point
within the city or commercial zone.



An advantage to dedicated fulfillment is: - correct answer ✔✔No disruption to store operations



The internal balancing method deals with - correct answer ✔✔Inventory and production
flexibility.



Exponential smoothing - correct answer ✔✔Is one of the most commonly used techniques.



Demand management includes - correct answer ✔✔Flows of services, capital, and products



Order management system represents the principal means by which - correct answer ✔✔orders
are handled inside the company.

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