OMGT Final Exam Review: Operations & Supply Chain Management Study Guide, Practice
Questions & Key Concepts
Supply chain and logistics strategy is one of the functional strategies developed by a firm
outlining plan of action to get goods and services to customer as effectively and efferently as
possible - ANS ✔✔True
While logistics is a part of the supply chain strategy does not seek enhancing value creation to
customer - ANS ✔✔False
Sourcing only includes the set of business processes that are directly required to manufacturing
product providing services - ANS ✔✔False
Strategic supply chain management seeks using supply chains as a means to gain competitive
advantage in the marketplace - ANS ✔✔True
One of the advantages of pursuing single sourcing is to mitigate the risks of supply disruptions -
ANS ✔✔False
Which of the following are common reasons that are attributed to the mergence of reshoring
and/or nearshoring in manufacturing industries recently - ANS ✔✔All of the above
In which of the following ways could logistics contribute to value creation along a supply chain -
ANS ✔✔All of the above
Which of the following is considered an advantage to single sourcing - ANS ✔✔Quantity
discount by buying in bulk
Which of the following is a disadvantage to multiple or dual souring - ANS ✔✔The variation in
quality and services levels
, Which of the following is not a criterion for choosing a facility location - ANS ✔✔All of the
above
Which of the following are reasons that companies might consider outsourcing - ANS
✔✔Improve efficiency
Which of the following modes of transportation tends to have the lowest cost - ANS ✔✔Road
Which of the following modes of transportation is said to be slowest - ANS ✔✔Maritime
The most common mode of transportation in logistics is - ANS ✔✔Road
What mode of transportation often requires multiple transfers throughout shipment processing,
yielding more transit time - ANS ✔✔Rail
Two advantages of value stream mapping that it can be done quickly and that it requires only
one person - ANS ✔✔False
The Japanese word muda is a term that is used to describe human activity that utilizes
resources and creates no value - ANS ✔✔True
Which of the following is NOT one of the four steps in process mapping - ANS ✔✔Simulation
A Kanban is a - ANS ✔✔form of inventory control
The Japanese word for improvement that refers to philosophy of continuous improving is - ANS
✔✔Kaizen
Questions & Key Concepts
Supply chain and logistics strategy is one of the functional strategies developed by a firm
outlining plan of action to get goods and services to customer as effectively and efferently as
possible - ANS ✔✔True
While logistics is a part of the supply chain strategy does not seek enhancing value creation to
customer - ANS ✔✔False
Sourcing only includes the set of business processes that are directly required to manufacturing
product providing services - ANS ✔✔False
Strategic supply chain management seeks using supply chains as a means to gain competitive
advantage in the marketplace - ANS ✔✔True
One of the advantages of pursuing single sourcing is to mitigate the risks of supply disruptions -
ANS ✔✔False
Which of the following are common reasons that are attributed to the mergence of reshoring
and/or nearshoring in manufacturing industries recently - ANS ✔✔All of the above
In which of the following ways could logistics contribute to value creation along a supply chain -
ANS ✔✔All of the above
Which of the following is considered an advantage to single sourcing - ANS ✔✔Quantity
discount by buying in bulk
Which of the following is a disadvantage to multiple or dual souring - ANS ✔✔The variation in
quality and services levels
, Which of the following is not a criterion for choosing a facility location - ANS ✔✔All of the
above
Which of the following are reasons that companies might consider outsourcing - ANS
✔✔Improve efficiency
Which of the following modes of transportation tends to have the lowest cost - ANS ✔✔Road
Which of the following modes of transportation is said to be slowest - ANS ✔✔Maritime
The most common mode of transportation in logistics is - ANS ✔✔Road
What mode of transportation often requires multiple transfers throughout shipment processing,
yielding more transit time - ANS ✔✔Rail
Two advantages of value stream mapping that it can be done quickly and that it requires only
one person - ANS ✔✔False
The Japanese word muda is a term that is used to describe human activity that utilizes
resources and creates no value - ANS ✔✔True
Which of the following is NOT one of the four steps in process mapping - ANS ✔✔Simulation
A Kanban is a - ANS ✔✔form of inventory control
The Japanese word for improvement that refers to philosophy of continuous improving is - ANS
✔✔Kaizen
