UTK SCM 413 Exam 1 2024/2025 Exam
Questions with 100% Correct Answers |
Latest Update
The goal of integrated logistics is to: - 🧠ANSWER ✔✔synchronize and link
the supply chain.
Over the past several decades, responsiveness has increased, primarily
because of: - 🧠ANSWER ✔✔information technology adoption.
A supply chain is best described as a(n)________blank of ________blank
companies. - 🧠ANSWER ✔✔group, collaborative
Which of the following best describes an integrative supply chain process: -
🧠ANSWER ✔✔the linking of critical parts of a supply chain.
Firms working together to integrate components of a supply chain is known
as ________ - 🧠ANSWER ✔✔collaboration
A firm which provides critical operations functionality to members of a
supply chain is a(n): - 🧠ANSWER ✔✔integrated service supplier (ISP).
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,In order to achieve the lowest total process cost, a supply chain must
________blank. - 🧠ANSWER ✔✔minimize the total cost for all involved
functions combined
The Anticipatory Business Model is best described by which statement: -
🧠ANSWER ✔✔driven by forecast.
An increase in dwell time indicates that: - 🧠ANSWER ✔✔asset idle time
compared to total time in the system has increased.
The goal of integrated logistics is to: - 🧠ANSWER ✔✔minimize operational
expenditures while meeting customer service goals.
The basic unit of supply chain design and operational control is -
🧠ANSWER ✔✔the logistics performance cycle.
A cross-dock facility: - 🧠ANSWER ✔✔converts incoming shipments from
suppliers to outgoing shipments for delivery.
The 'Pareto principle' is: - 🧠ANSWER ✔✔useful for product profitability
analysis.
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
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STATEMENT. ALL RIGHTS RESERVED
, A high-quality logistics system offers high levels of inventory availability and
predictable operational performance. This is what known as: - 🧠ANSWER
✔✔service reliability.
The primary reason that total logistics cost has reduced as a percentage of
gross domestic product (GDP) as what? - 🧠ANSWER ✔✔Inventory has
decreased as a percent of total cost
The work of logistics involves which of the following? - 🧠ANSWER
✔✔Transportation, inventory, order processing, warehousing, and facility
network design
Which of the following is a 3M business line? - 🧠ANSWER ✔✔Health Care
Safety stock is used to account for which of the following? - 🧠ANSWER
✔✔Demand Uncertainty
What is the purpose of the EOQ formulation? - 🧠ANSWER ✔✔Determine
lot sizes
Safety stock amounts are determined using both manual and what other
approach? - 🧠ANSWER ✔✔Statistical analysis
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
3
STATEMENT. ALL RIGHTS RESERVED
Questions with 100% Correct Answers |
Latest Update
The goal of integrated logistics is to: - 🧠ANSWER ✔✔synchronize and link
the supply chain.
Over the past several decades, responsiveness has increased, primarily
because of: - 🧠ANSWER ✔✔information technology adoption.
A supply chain is best described as a(n)________blank of ________blank
companies. - 🧠ANSWER ✔✔group, collaborative
Which of the following best describes an integrative supply chain process: -
🧠ANSWER ✔✔the linking of critical parts of a supply chain.
Firms working together to integrate components of a supply chain is known
as ________ - 🧠ANSWER ✔✔collaboration
A firm which provides critical operations functionality to members of a
supply chain is a(n): - 🧠ANSWER ✔✔integrated service supplier (ISP).
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
1
STATEMENT. ALL RIGHTS RESERVED
,In order to achieve the lowest total process cost, a supply chain must
________blank. - 🧠ANSWER ✔✔minimize the total cost for all involved
functions combined
The Anticipatory Business Model is best described by which statement: -
🧠ANSWER ✔✔driven by forecast.
An increase in dwell time indicates that: - 🧠ANSWER ✔✔asset idle time
compared to total time in the system has increased.
The goal of integrated logistics is to: - 🧠ANSWER ✔✔minimize operational
expenditures while meeting customer service goals.
The basic unit of supply chain design and operational control is -
🧠ANSWER ✔✔the logistics performance cycle.
A cross-dock facility: - 🧠ANSWER ✔✔converts incoming shipments from
suppliers to outgoing shipments for delivery.
The 'Pareto principle' is: - 🧠ANSWER ✔✔useful for product profitability
analysis.
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
2
STATEMENT. ALL RIGHTS RESERVED
, A high-quality logistics system offers high levels of inventory availability and
predictable operational performance. This is what known as: - 🧠ANSWER
✔✔service reliability.
The primary reason that total logistics cost has reduced as a percentage of
gross domestic product (GDP) as what? - 🧠ANSWER ✔✔Inventory has
decreased as a percent of total cost
The work of logistics involves which of the following? - 🧠ANSWER
✔✔Transportation, inventory, order processing, warehousing, and facility
network design
Which of the following is a 3M business line? - 🧠ANSWER ✔✔Health Care
Safety stock is used to account for which of the following? - 🧠ANSWER
✔✔Demand Uncertainty
What is the purpose of the EOQ formulation? - 🧠ANSWER ✔✔Determine
lot sizes
Safety stock amounts are determined using both manual and what other
approach? - 🧠ANSWER ✔✔Statistical analysis
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
3
STATEMENT. ALL RIGHTS RESERVED
