SCMN 2150 - Exam 1 Quizzes with Verified Solutions

SCMN 2150 - Exam 1 Quizzes with Verified Solutions T/F: supply chains are not really linear linked chains, they are actually networks of related organizations that serve customer requirements true which of the following is not a primary flow in a supply chain product information financial resources equipment equipment T/F: managing a supply chain is a fairly simple task. activities occur sequentially, customers know what they need, and the companies involved share common goals false when we talk about a supply chain being efficient, the focus is on: keeping supply chain costs under control what is the advantage of a centralized distribution network greater visibility and control in which type of product flow option do products move between facilities through an interim facility where goods are quickly sorted, mixed, and moved immediately to the customer? cross-dock as the number of distribution facilities in your network increases and becomes highly decentralized, what happens to your costs? inventory investments go up the transportation methods used to connect facilities in a supply chain network are called: links what types of organizations tend to rely on decentralized supply chain networks grocery chains according to the module 2 reading, facility location decisions should be made by supply chain executives T/F: supply chain planning focuses only on demand planning and forecasting sales false the forward-looking process of coordinating assets to optimize the delivery of goods, services and information from supplier to customer, balancing supply and demand is called supply chain planning slow processes, resource shortages, and complexities that cause delays in production are called capacity ________ bottlenecks T/F: capacity planning can be used to help an organization have enough production volume, warehouse storage space, and room on trucks to serve its customers true the fastest method to temporarily increase capacity performance is use labor overtime and maximize work on key tasks what should be done with a forecast it should drive decision