SCM 300 Exam 1 Modules 1-4 (Davila)
Questions and Answers
Question 1
a. supply chain metrics: be able to report success or failure.
b. info technology tools: knowing what's happening in global supply chain
c. relationship management skills: being able to work with executives and employees
at other companies
d. financial resources: company needs to be willing to invest in supply chains.
e. organizational integration: being able to communicate between marketing, design,
finance, and advertising.
Correct Answer
SC Tools
Question 2
Insufficient capacity
Lack of expertise- they'll make it better
Quality
Correct Answer
When to buy your product
Question 3
Q- lot size
D- annual demand
C- cost to purchase one unit of inventory
H- cost to hold one unit of inventory for one year
S- cost to place a single order
Correct Answer
Inventory Calculations
Q-
D-
C-
H-
S-
Page 1 of 29
,Question 4
cost to purchase
2. holding cost
3. ordering cost
4. stock out cost
Correct Answer
4 costs of inventory
Question 5
contained several items which are in secondary packaging (crate, pallet, metal straps)
Correct Answer
tertiary packaging
Question 6
Stock Keeping Unit (SKU)
Correct Answer
ID number used to track each unique inventory or catalog sales
Question 7
storage
transport
shrinkage
other inventory needs
money
legal considerations
Correct Answer
Inventory Considerations
Question 8
Supply Chain Visibility
Correct Answer
ability to see what is happening with inventory up and down a supply chain
Page 2 of 29
, Question 9
used to fill the empty space inside boxes, tubes, etc
Correct Answer
dunnage
Question 10
used for large or hard to move items (airplane, building, ship) workers and machines
go to the work site and work on the item there
Correct Answer
fixed layout position
Question 11
sustainable long term profits and maimize ROI
Correct Answer
Corporation Goals
Question 12
companies can make multiple end items that can be categorized into product families
(same couch design different fabrics)
Correct Answer
Group Technology (GT Cell)
Question 13
Market Inventory
Correct Answer
inventory readily available on the shelf
Page 3 of 29
Questions and Answers
Question 1
a. supply chain metrics: be able to report success or failure.
b. info technology tools: knowing what's happening in global supply chain
c. relationship management skills: being able to work with executives and employees
at other companies
d. financial resources: company needs to be willing to invest in supply chains.
e. organizational integration: being able to communicate between marketing, design,
finance, and advertising.
Correct Answer
SC Tools
Question 2
Insufficient capacity
Lack of expertise- they'll make it better
Quality
Correct Answer
When to buy your product
Question 3
Q- lot size
D- annual demand
C- cost to purchase one unit of inventory
H- cost to hold one unit of inventory for one year
S- cost to place a single order
Correct Answer
Inventory Calculations
Q-
D-
C-
H-
S-
Page 1 of 29
,Question 4
cost to purchase
2. holding cost
3. ordering cost
4. stock out cost
Correct Answer
4 costs of inventory
Question 5
contained several items which are in secondary packaging (crate, pallet, metal straps)
Correct Answer
tertiary packaging
Question 6
Stock Keeping Unit (SKU)
Correct Answer
ID number used to track each unique inventory or catalog sales
Question 7
storage
transport
shrinkage
other inventory needs
money
legal considerations
Correct Answer
Inventory Considerations
Question 8
Supply Chain Visibility
Correct Answer
ability to see what is happening with inventory up and down a supply chain
Page 2 of 29
, Question 9
used to fill the empty space inside boxes, tubes, etc
Correct Answer
dunnage
Question 10
used for large or hard to move items (airplane, building, ship) workers and machines
go to the work site and work on the item there
Correct Answer
fixed layout position
Question 11
sustainable long term profits and maimize ROI
Correct Answer
Corporation Goals
Question 12
companies can make multiple end items that can be categorized into product families
(same couch design different fabrics)
Correct Answer
Group Technology (GT Cell)
Question 13
Market Inventory
Correct Answer
inventory readily available on the shelf
Page 3 of 29
