POM Final Questions and Answers | New One | Grade A+

The suppliers in a supply chain are referred to as ______________ supply chain members. A. downstream B. midstream C. upstream D. None of these answer choices is correct. Ans: c Distributors, warehouses, and retailers are referred to as _____________ supply chain members. A. downstream B. upstream C. procurement D. None of these answer choices is correct. Ans: a The purchasing of goods and services from suppliers is called A. sourcing. B. offshoring. C. procurement. D. None of these choices is correct. Ans: not a Supply chain processes include A. procurement. B. production. C. distribution. D. All of these answer choices are correct. Ans: d Which of the following refers to an approach to risk management that aggregates risk? A. Risk pooling B. Risk optimizing C. Risk capturing D. None of these answer choices is correct. Ans: a Supply chain management focuses on integrating and managing the flow of A. services. B. information. C. goods. D. All of these answer choices are correct. Ans: d The bullwhip effect can A. increase demand. B. increase customer service levels.