SUPPLY CHAIN MANAGEMENT STRATEGY
PLANNING AND OPERATION 7TH EDITION
EXAMS SET COMPLETE QUESTIONS AND
ANSWERS EXPERT VERIFIED
◉ A supply chain features a constant flow of
Answer: information, product and funds.
◉ Which set of supply chain flows is correctly described?
Answer: Information and product both flow upstream and
downstream in a supply chain.
◉ Which statement about supply chains is best?
Answer: Flows in a supply chain may be managed by an
intermediary.
◉ Which sequence of stages is typical for product flow in a supply
chain?
Answer: Supplier → Manufacturer → Distributor
,◉ Supply chain surplus involves what two parts?
Answer: Customer value and supply chain cost
◉ For any supply chain, the source of revenue is generated by
Answer: the customer.
◉ Customer value is
Answer: the sum of the supply chain surplus and supply chain cost.
◉ The objective of every supply chain is to
Answer: maximize the overall value generated.
◉ Retailing in the United States is largely
Answer: consolidated.
◉ For any supply chain,
Answer: there is only one source of revenue, the customer.
◉ Webvan designed a supply chain with large warehouses in several
major cities in the United States, from which groceries were
delivered to customer homes. They failed partly because of
Answer: higher labor costs for picking orders.
, ◉ A key issue facing Toyota is
Answer: design of its global production and distribution network.
◉ Walmart's supply chain features clusters of stores around
distribution centers, which facilitates
Answer: frequent but inexpensive replenishment at the stores.
◉ Which of these statements about Dell's supply chain is best?
Answer: Dell's initial success was largely driven by their
Assembly→Customer supply chain linkage.
◉ The decision phases in a supply chain include
Answer: supply chain operation.
◉ A company would decide whether to outsource or perform a
supply chain function in-house during the
Answer: design phase.
◉ The supply chain strategy category would include a decision
about
Answer: how large the warehouse in Kokomo should be.
PLANNING AND OPERATION 7TH EDITION
EXAMS SET COMPLETE QUESTIONS AND
ANSWERS EXPERT VERIFIED
◉ A supply chain features a constant flow of
Answer: information, product and funds.
◉ Which set of supply chain flows is correctly described?
Answer: Information and product both flow upstream and
downstream in a supply chain.
◉ Which statement about supply chains is best?
Answer: Flows in a supply chain may be managed by an
intermediary.
◉ Which sequence of stages is typical for product flow in a supply
chain?
Answer: Supplier → Manufacturer → Distributor
,◉ Supply chain surplus involves what two parts?
Answer: Customer value and supply chain cost
◉ For any supply chain, the source of revenue is generated by
Answer: the customer.
◉ Customer value is
Answer: the sum of the supply chain surplus and supply chain cost.
◉ The objective of every supply chain is to
Answer: maximize the overall value generated.
◉ Retailing in the United States is largely
Answer: consolidated.
◉ For any supply chain,
Answer: there is only one source of revenue, the customer.
◉ Webvan designed a supply chain with large warehouses in several
major cities in the United States, from which groceries were
delivered to customer homes. They failed partly because of
Answer: higher labor costs for picking orders.
, ◉ A key issue facing Toyota is
Answer: design of its global production and distribution network.
◉ Walmart's supply chain features clusters of stores around
distribution centers, which facilitates
Answer: frequent but inexpensive replenishment at the stores.
◉ Which of these statements about Dell's supply chain is best?
Answer: Dell's initial success was largely driven by their
Assembly→Customer supply chain linkage.
◉ The decision phases in a supply chain include
Answer: supply chain operation.
◉ A company would decide whether to outsource or perform a
supply chain function in-house during the
Answer: design phase.
◉ The supply chain strategy category would include a decision
about
Answer: how large the warehouse in Kokomo should be.
