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SCMN 3710 Exam Questions And Answers
|Latest 2025 | Guaranteed Pass
The primary Key Performance Indicators (KPIs) for supply chain managers are - Answer✔Total
Cost, Customer Service Level, and CSL/TC
The "product mix/assortment" problem refers to rapidly increasing costs as a result of -
Answer✔trying to serve the last 1-3 percent of customer demand with ever increasing
inventory
The three prerequisites that must be satisfied for goods to move "naturally" from areas of
surplus to areas of shortage are that the change in total value is greater than the change in total
cost, ________ , and __________ . - Answer✔market conditions exist, government does not
prohibit
Which of the following is not part of the Supply Chain network? - Answer✔A. Plants
B. Distribution Centers
**C. Stores
D. Terminals
Most retailers are essentially supply chain companies since - Answer✔they buy products
produced by others.
The Supply Chain Concept - Answer✔developed from the previous Physical Distribution
concept.
1|Page
, ©FYNDLAY 2025 ALL RIGHTS RESERVED 3:06 PM A+
Which is not an important issue for economic development and vitality of the economy -
Answer✔**A. Entrepreneurship
B. Migration
C. Urbanization
D. None of the above
According to prediction, __________, __________ and __________ will all house so called
Megacities, whereas __________ will not have any cities of this size. - Answer✔Asia, Latin
America and North America; Europe
Where is a megacity most likely to develop? - Answer✔Asia
A(n) _______ relationship exists between the cost of lost sales and inventory cost. -
Answer✔Inverse
As the dollar value of a product increases, packaging costs will: - Answer✔Increase
A ______ analysis examines a logistics system over a long time period or range of output. -
Answer✔dynamic
In the short run, the firm's network is _________ while in the long run it is ________. -
Answer✔fixed, variable
Heuristic models - Answer✔are able to accommodate broad problem definitions.
As the number of stocking points (DCs) is decreased in a distribution network, fixed costs will
____ and variable costs will ___. - Answer✔decrease, decrease
2|Page
SCMN 3710 Exam Questions And Answers
|Latest 2025 | Guaranteed Pass
The primary Key Performance Indicators (KPIs) for supply chain managers are - Answer✔Total
Cost, Customer Service Level, and CSL/TC
The "product mix/assortment" problem refers to rapidly increasing costs as a result of -
Answer✔trying to serve the last 1-3 percent of customer demand with ever increasing
inventory
The three prerequisites that must be satisfied for goods to move "naturally" from areas of
surplus to areas of shortage are that the change in total value is greater than the change in total
cost, ________ , and __________ . - Answer✔market conditions exist, government does not
prohibit
Which of the following is not part of the Supply Chain network? - Answer✔A. Plants
B. Distribution Centers
**C. Stores
D. Terminals
Most retailers are essentially supply chain companies since - Answer✔they buy products
produced by others.
The Supply Chain Concept - Answer✔developed from the previous Physical Distribution
concept.
1|Page
, ©FYNDLAY 2025 ALL RIGHTS RESERVED 3:06 PM A+
Which is not an important issue for economic development and vitality of the economy -
Answer✔**A. Entrepreneurship
B. Migration
C. Urbanization
D. None of the above
According to prediction, __________, __________ and __________ will all house so called
Megacities, whereas __________ will not have any cities of this size. - Answer✔Asia, Latin
America and North America; Europe
Where is a megacity most likely to develop? - Answer✔Asia
A(n) _______ relationship exists between the cost of lost sales and inventory cost. -
Answer✔Inverse
As the dollar value of a product increases, packaging costs will: - Answer✔Increase
A ______ analysis examines a logistics system over a long time period or range of output. -
Answer✔dynamic
In the short run, the firm's network is _________ while in the long run it is ________. -
Answer✔fixed, variable
Heuristic models - Answer✔are able to accommodate broad problem definitions.
As the number of stocking points (DCs) is decreased in a distribution network, fixed costs will
____ and variable costs will ___. - Answer✔decrease, decrease
2|Page
