SCMN 2150 Test 1 Questions & Answers

SCMN 2150 Test 1 Questions & Answers Which SC process focuses on the transformation of inputs into outputs? Post Sales Service Production Logisitics Supply Management - ANS-Production If an organization can get its SC well synchronized, what ultimate benefit will be achieved? Integration excellence Network excellence Functional excellence Process excellence - ANS-Network excellence The Episode 1 SC in Action video, focuses on what product? - ANS-McDonald's French Fries T/F -SCM mainly focuses on the creation, movement, & storage of products, However, it is also important to think about SCM strategy, people issues, & info - ANS-True According to the first episode 1 reading, what benefit is acheived by SC integration? Optimized total cost of ownership Faster inventory turnover Faster, more reliable transit times Rationalized product handling - ANS-Optimized total cost of ownership What type of SC configuration is most appropriate if your organization needs to minimize inbound transportation costs, has limited need for safety stock, & wants to reduce inventory investment?.. CONTINUES...