OPERATIONS MANAGEMENT EXAM SOLVED (CHAPTER 12)#24
Managing orders, transportation, and distribution to provide goods and services is part
of the _____ function of the Supply Chain Operations Reference (SCOR) model.
A. Plan
B. Source
C. Make
D. Deliver - correct answer d. Deliver
The _____ function of a supply chain is responsible for selecting transportation carriers
and managing company-owned fleets of vehicles.
A. Integration
B. Procurement
C. Logistics
D. Scheduling - correct answer c. Logistics
_____ is the supply chain function responsible for acquiring raw materials, component
parts, tools, services, and other items required from external suppliers.
A. Procurement
B. Scheduling
C. Integration
D. Job design - correct answer a. Procurement
Which of the following is true of purchasing?
A. It can have a significant impact on total supply chain costs.
B. It is critical to satisfy employees' needs and expectations.
C. The delivery of goods and services is the responsibility of the purchasing function of
a supply chain.
D. The principal goal of purchasing is to source products from a single supplier to avoid
capacity risks. - correct answer a. It can have a significant impact on total supply chain
costs.
Which of the following is a disadvantage of vendor-managed inventory (VMI)?
A. It often results in higher customer inventories than necessary.
B. It does not allow vendors to view inventory needs from the customer's perspective.
C. It prohibits the use of customer information, which leads to poor control of inventory
and capacity.
D. It prevents vendors from making production decisions using downstream customer
demand data. - correct answer a. It often results in higher customer inventories than
necessary.
Managing orders, transportation, and distribution to provide goods and services is part
of the _____ function of the Supply Chain Operations Reference (SCOR) model.
A. Plan
B. Source
C. Make
D. Deliver - correct answer d. Deliver
The _____ function of a supply chain is responsible for selecting transportation carriers
and managing company-owned fleets of vehicles.
A. Integration
B. Procurement
C. Logistics
D. Scheduling - correct answer c. Logistics
_____ is the supply chain function responsible for acquiring raw materials, component
parts, tools, services, and other items required from external suppliers.
A. Procurement
B. Scheduling
C. Integration
D. Job design - correct answer a. Procurement
Which of the following is true of purchasing?
A. It can have a significant impact on total supply chain costs.
B. It is critical to satisfy employees' needs and expectations.
C. The delivery of goods and services is the responsibility of the purchasing function of
a supply chain.
D. The principal goal of purchasing is to source products from a single supplier to avoid
capacity risks. - correct answer a. It can have a significant impact on total supply chain
costs.
Which of the following is a disadvantage of vendor-managed inventory (VMI)?
A. It often results in higher customer inventories than necessary.
B. It does not allow vendors to view inventory needs from the customer's perspective.
C. It prohibits the use of customer information, which leads to poor control of inventory
and capacity.
D. It prevents vendors from making production decisions using downstream customer
demand data. - correct answer a. It often results in higher customer inventories than
necessary.
