SCMN 3710 Exam 2025 Questions and
Answers
The primary Key Performance Indicators (KPIs) for supply chain managers are - ANS Total
Cost, Customer Service Level, and CSL/TC
The "product mix/assortment" problem refers to rapidly increasing costs as a result of -
ANS 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 __________ . - ANS market conditions exist, government does not
prohibit
Which of the following is not part of the Supply Chain network? - ANS A. Plants
B. Distribution Centers
**C. Stores
D. Terminals
Most retailers are essentially supply chain companies since - ANS they buy products
produced by others.
The Supply Chain Concept - ANS developed from the previous Physical Distribution concept.
Pg. 1 Copyright © 2025 Jasonmcconell. ALL RIGHTS RESERVED.
, Which is not an important issue for economic development and vitality of the economy -
ANS **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. - ANS Asia, Latin
America and North America; Europe
Where is a megacity most likely to develop? - ANS Asia
A(n) _______ relationship exists between the cost of lost sales and inventory cost. -
ANS Inverse
As the dollar value of a product increases, packaging costs will: - ANS Increase
A ______ analysis examines a logistics system over a long time period or range of output. -
ANS dynamic
In the short run, the firm's network is _________ while in the long run it is ________. -
ANS fixed, variable
Heuristic models - ANS 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 ___. - ANS decrease, decrease
The weighted moving average method assigns - ANS A weight to each previous period.
Pg. 2 Copyright © 2025 Jasonmcconell. ALL RIGHTS RESERVED.
Answers
The primary Key Performance Indicators (KPIs) for supply chain managers are - ANS Total
Cost, Customer Service Level, and CSL/TC
The "product mix/assortment" problem refers to rapidly increasing costs as a result of -
ANS 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 __________ . - ANS market conditions exist, government does not
prohibit
Which of the following is not part of the Supply Chain network? - ANS A. Plants
B. Distribution Centers
**C. Stores
D. Terminals
Most retailers are essentially supply chain companies since - ANS they buy products
produced by others.
The Supply Chain Concept - ANS developed from the previous Physical Distribution concept.
Pg. 1 Copyright © 2025 Jasonmcconell. ALL RIGHTS RESERVED.
, Which is not an important issue for economic development and vitality of the economy -
ANS **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. - ANS Asia, Latin
America and North America; Europe
Where is a megacity most likely to develop? - ANS Asia
A(n) _______ relationship exists between the cost of lost sales and inventory cost. -
ANS Inverse
As the dollar value of a product increases, packaging costs will: - ANS Increase
A ______ analysis examines a logistics system over a long time period or range of output. -
ANS dynamic
In the short run, the firm's network is _________ while in the long run it is ________. -
ANS fixed, variable
Heuristic models - ANS 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 ___. - ANS decrease, decrease
The weighted moving average method assigns - ANS A weight to each previous period.
Pg. 2 Copyright © 2025 Jasonmcconell. ALL RIGHTS RESERVED.
