SCMN 3710 Questions With 100% Verified
Answers!!
The primary Key Performance Indicators (KPIs) for supply chain managers are
Total Cost, Customer Service Level, and CSL/TC
The "product mix/assortment" problem refers to rapidly increasing costs as a result of
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 __________ .
market conditions exist, government does not prohibit
Which of the following is not part of the Supply Chain network?
A. Plants
B. Distribution Centers
**C. Stores
D. Terminals
Most retailers are essentially supply chain companies since
they buy products produced by others.
The Supply Chain Concept
developed from the previous Physical Distribution concept.
Which is not an important issue for economic development and vitality of the economy
**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.
Asia, Latin America and North America; Europe
Where is a megacity most likely to develop?
Asia
A(n) _______ relationship exists between the cost of lost sales and inventory cost.
Inverse
As the dollar value of a product increases, packaging costs will:
Increase
A ______ analysis examines a logistics system over a long time period or range of output.
dynamic
In the short run, the firm's network is _________ while in the long run it is ________.
fixed, variable
Heuristic models
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 ___.
decrease, decrease
The weighted moving average method assigns
A weight to each previous period.
One type of demand fluctuation is caused by random variation. What is random variation?
E development that cannot normally be anticipated
, There are four strategies that firms can use to balance supply and demand; price, lead
time, inventory, and ___
Production flexibility
ABC analysis uses a single criterion to classify SKUs from most important to least
important.
true
The term replenishment cycle refers to
the acquisition of additional inventory.
Customer service can be defined as
Anything that touches the customer.
In the SCOR Model there are five major categories of metrics that need to be used to
measure the performance of Process D1: reliability, ___________, agility, costs, and asset
management.
responsiveness
Gross margin equals
sales minus COGS
Which of the following is NOT a supply chain decision area regarding ROA improvement?
A. Inventory Management
**B. Information Management
C. Channel Structure Management
D. Order Management
In deploying supply chains across global markets, managers seek to identify opportunities
where
differential value is high and total cost is low
The "Infrastructure" zone on the TC/CSL tradeoff curve is characterized by
Answers!!
The primary Key Performance Indicators (KPIs) for supply chain managers are
Total Cost, Customer Service Level, and CSL/TC
The "product mix/assortment" problem refers to rapidly increasing costs as a result of
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 __________ .
market conditions exist, government does not prohibit
Which of the following is not part of the Supply Chain network?
A. Plants
B. Distribution Centers
**C. Stores
D. Terminals
Most retailers are essentially supply chain companies since
they buy products produced by others.
The Supply Chain Concept
developed from the previous Physical Distribution concept.
Which is not an important issue for economic development and vitality of the economy
**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.
Asia, Latin America and North America; Europe
Where is a megacity most likely to develop?
Asia
A(n) _______ relationship exists between the cost of lost sales and inventory cost.
Inverse
As the dollar value of a product increases, packaging costs will:
Increase
A ______ analysis examines a logistics system over a long time period or range of output.
dynamic
In the short run, the firm's network is _________ while in the long run it is ________.
fixed, variable
Heuristic models
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 ___.
decrease, decrease
The weighted moving average method assigns
A weight to each previous period.
One type of demand fluctuation is caused by random variation. What is random variation?
E development that cannot normally be anticipated
, There are four strategies that firms can use to balance supply and demand; price, lead
time, inventory, and ___
Production flexibility
ABC analysis uses a single criterion to classify SKUs from most important to least
important.
true
The term replenishment cycle refers to
the acquisition of additional inventory.
Customer service can be defined as
Anything that touches the customer.
In the SCOR Model there are five major categories of metrics that need to be used to
measure the performance of Process D1: reliability, ___________, agility, costs, and asset
management.
responsiveness
Gross margin equals
sales minus COGS
Which of the following is NOT a supply chain decision area regarding ROA improvement?
A. Inventory Management
**B. Information Management
C. Channel Structure Management
D. Order Management
In deploying supply chains across global markets, managers seek to identify opportunities
where
differential value is high and total cost is low
The "Infrastructure" zone on the TC/CSL tradeoff curve is characterized by
