OSCM 343 Exam 1 Questions with complete
solution 2025/2026
Supply Chain - correct answer Two or more parties linked by a flow of resources - typically material,
information, and money - that ultimately fulfill a customer request.
Supply Chain Management - correct answer Deals with the management of materials, information, and
financial flows in a network that consists of suppliers, manufacturers, distributors, and customers.
Three Flows - correct answer Product, Money, Information
What is the network of relationships? - correct answer Supplier - Manufacturer - Distributor - Retailer -
Customer
Tiers - correct answer The measure of the "relationship distance" of a supplier/customer from your
organization.
1st Tier - correct answer Conduct business directly with the manufacturer.
2nd Tier - correct answer Conduct business directly with the 1st tier supplier.
Upstream - correct answer Operations in which the materials flow into your organization.
Downstream - correct answer Operations in which the materials flow away from your organization to
the customers.
, What is the primary goal of a supply chain? - correct answer Maximize the net value generated and
satisfy end customer needs.
Cycle View - correct answer The processes in a supply chain are divided into a series of cycles, each
performed at the interface between two successive stages of the supply chain.
Customer Order Cycle - correct answer Includes processing, preparation, and shipping. Between
customer and retailer.
Replenishment Cycle - correct answer The process by which stocks are resupplied from some central
location. Between retailer and distributor.
Manufacturing Cycle - correct answer The steps that are taken to turn an idea into reality. Between
distributor and manufacturer.
Procurement Cycle - correct answer The process of selecting a vendor, buying goods or services from
them, and managing their ongoing performance. Between manufacturer and supplier.
Push - correct answer Execution is performed in anticipation of an order; demand is forecasted.
Pull - correct answer Execution is performed based on projected demand; demand is known.
Mixed Systems of Push and Pull - correct answer Push - Undifferentiated, raw components.
Pull - Differentiated, finished products.
Key Principles of Mixed Systems - correct answer Maximize external variety with minimal internal
variety.
Keep in process inventory "as raw as possible."
solution 2025/2026
Supply Chain - correct answer Two or more parties linked by a flow of resources - typically material,
information, and money - that ultimately fulfill a customer request.
Supply Chain Management - correct answer Deals with the management of materials, information, and
financial flows in a network that consists of suppliers, manufacturers, distributors, and customers.
Three Flows - correct answer Product, Money, Information
What is the network of relationships? - correct answer Supplier - Manufacturer - Distributor - Retailer -
Customer
Tiers - correct answer The measure of the "relationship distance" of a supplier/customer from your
organization.
1st Tier - correct answer Conduct business directly with the manufacturer.
2nd Tier - correct answer Conduct business directly with the 1st tier supplier.
Upstream - correct answer Operations in which the materials flow into your organization.
Downstream - correct answer Operations in which the materials flow away from your organization to
the customers.
, What is the primary goal of a supply chain? - correct answer Maximize the net value generated and
satisfy end customer needs.
Cycle View - correct answer The processes in a supply chain are divided into a series of cycles, each
performed at the interface between two successive stages of the supply chain.
Customer Order Cycle - correct answer Includes processing, preparation, and shipping. Between
customer and retailer.
Replenishment Cycle - correct answer The process by which stocks are resupplied from some central
location. Between retailer and distributor.
Manufacturing Cycle - correct answer The steps that are taken to turn an idea into reality. Between
distributor and manufacturer.
Procurement Cycle - correct answer The process of selecting a vendor, buying goods or services from
them, and managing their ongoing performance. Between manufacturer and supplier.
Push - correct answer Execution is performed in anticipation of an order; demand is forecasted.
Pull - correct answer Execution is performed based on projected demand; demand is known.
Mixed Systems of Push and Pull - correct answer Push - Undifferentiated, raw components.
Pull - Differentiated, finished products.
Key Principles of Mixed Systems - correct answer Maximize external variety with minimal internal
variety.
Keep in process inventory "as raw as possible."
