SUPPLY CHAIN MANAGEMENT EXAMINATION QUESTIONS AND CORRECT ANSWER WITH EXPLANATION GRADED A+ STUDY GUIDE

SUPPLY CHAIN MANAGEMENT EXAMINATION
QUESTIONS AND CORRECT ANSWER WITH
EXPLANATION GRADED A+ STUDY GUIDE SOUTHERN
NEW HAMPSHIRE UNIVERSITY
1. Supply chain management is:
A. Court management
B. Coordination of flow of goods, services, and information
C. Crime control system
D. Police operations
Answer: B
Rationale: SCM manages end-to-end flow from supplier to customer.

2. The main objective of supply chain management is to:
A. Increase crime
B. Maximize value and efficiency
C. Reduce demand
D. Control courts
Answer: B
Rationale: Focus is efficiency and customer value.

3. A supply chain includes:
A. Only manufacturers
B. Suppliers, manufacturers, distributors, retailers, customers
C. Courts
D. Police only
Answer: B
Rationale: Entire flow network.

4. Logistics refers to:
A. Crime tracking
B. Movement and storage of goods
C. Court operations
D. HR management
Answer: B
Rationale: Physical flow of goods.

,5. Procurement is:
A. Selling goods
B. Purchasing goods and services
C. Court buying
D. HR hiring
Answer: B
Rationale: Sourcing materials.

6. Inventory is:
A. Cash only
B. Stock of goods held for production or sale
C. Crime stock
D. Court stock
Answer: B
Rationale: Stored goods.

7. Demand forecasting is:
A. Guessing crime
B. Predicting future customer demand
C. Court forecasting
D. HR forecasting
Answer: B
Rationale: Planning demand.

8. Bullwhip effect is:
A. Stable supply
B. Demand distortion along supply chain
C. Crime effect
D. Court effect
Answer: B
Rationale: Demand amplification.

9. Just-in-time (JIT) means:
A. Excess inventory
B. Producing only when needed
C. Crime timing
D. Court timing
Answer: B
Rationale: Reduce inventory.

, 10. Lead time is:
A. Crime time
B. Time between order and delivery
C. Court time
D. HR time
Answer: B
Rationale: Delivery duration.

11. Supply chain integration means:
A. Isolation
B. Coordination of all supply chain partners
C. Crime integration
D. Court integration
Answer: B
Rationale: Seamless operations.

12. Supplier is:
A. Buyer
B. Provider of goods/services
C. Court officer
D. Police officer
Answer: B
Rationale: Supplies inputs.

13. Distributor is:
A. Producer
B. Middleman distributing goods
C. Court system
D. HR system
Answer: B
Rationale: Distribution role.

14. Retailer sells to:
A. Manufacturers
B. Final consumers
C. Courts
D. Suppliers
Answer: B
Rationale: End users.