Questions And Answers7
Quiz 1: Introduction to Supply Chains - ANSWERS
Demand and which of the following types of information typically flow from the end customer
upward in a service supply chain?
-Inventory status
-Order status
-Specifications
-Requirements - ANSWERS -Requirements
A company has reached Stage 4 of supply chain development, extended enterprise, by engaging
in extended supply chain global e-business. Which of the following is true of this company from
this point forward compared to where they were a few years ago?
-Decreased culture change spending
-Decreased need for technology spending
-Increased inventory holding costs
-Increased outbound transportation costs - ANSWERS -Increased outbound transportation costs
An organization that networks its enterprise resources planning (ERP) systems across corporate
boundaries might do which of the following to reduce the bullwhip effect?
-Penalize suppliers for failing to produce forecasts soon enough.
, -Share its best practices on silo organizational structures with suppliers.
-Put more pressure on suppliers to cut costs once it has visibility into these costs.
-Send point-of-sale data directly to suppliers. - ANSWERS -Send point-of-sale data directly to
suppliers.
What three factors determine cash flow for an organization?
-Sales, profit margins, and capital requirements
-Capital requirements, sales, and taxes
-After-tax operating profit margins, capital requirements, and accounts payable
-Sales, after-tax operating profit margins, and capital requirements - ANSWERS -Sales, after-tax
operating profit margins, and capital requirements
What group is the primary stakeholder in any business activity?
-The business itself
-Communities and local governments
-Investors and lenders
-Customers - ANSWERS -The business itself
Which of the following is the supply chain evolution stage in which a nucleus company begins
initiatives to improve efficiency, effectiveness, and quality within functional areas?
-Multiple dysfunction
-Integrated enterprise
-Extended enterprise
-Semifunctional enterprise - ANSWERS -Semifunctional enterprise