SCMT 2103 Final Exam Questions With
Correct Answers
How |do |management |and |Leadership |differ? |- |CORRECT |ANSWER✔✔-Leaders |Innovate; |
managers |execute
Safety |Stock |is |____? |- |CORRECT |ANSWER✔✔-the |expected |number |of |units |on |hand |when |
the |next |replenishment |arrives
which |of |the |following |is |the |standardized |test |commonly |required |for |entrance |into |MBA |
Programs? |- |CORRECT |ANSWER✔✔-GMAT
Frito |lay |places |an |order |for |copy |paper |with |staples. |the |order |is |placed |online. |which |type |of
|buying |would |this |be |an |example |of? |- |CORRECT |ANSWER✔✔-Purchasing
Which |logistics |service |provided |by |3PLs |is |most |commonly |used |by |organizations? |- |CORRECT |
ANSWER✔✔-Domestic |Transportation
what |is |the |leading |critical |issue |in |the |trucking |industry |today? |- |CORRECT |ANSWER✔✔-
Driver |shortage
Resilience |in |the |4 |R's |of |supply |chain |competition |is |defined |as |being |able |to |____ |- |CORRECT
|ANSWER✔✔-deal |with |unexpected |disruptions |in |the |supply |chain
which |of |the |following |is |a |fundamental |concept |of |logistics |management? |- |CORRECT |
ANSWER✔✔-there |are |tradeoffs |among |many |of |the |logistics |costs |and |customer |service |
targets
, an |MBA |is |often |a |necassary |degree |to |reach |what |level |of |employment? |- |CORRECT |
ANSWER✔✔-Strategic
what |are |the |major |modes |of |international |transportation? |- |CORRECT |ANSWER✔✔-water |and
|air
Supply |chain |strategy |defines |the |connection |of |activities |and |functions |throughout |the |value |
chain, |in |order |to |fulfill |the |business_______________ |to |customers |in |a |
__________________. |- |CORRECT |ANSWER✔✔-Value |Proposal; |marketplace
According |to |the |ATA, |what |would |the |potential |impact |of |a |truck |stoppage |on |the |banking |
and |finance |industry? |- |CORRECT |ANSWER✔✔-Cash |resources |are |depleted |within |days. |
companies |lose |access |to |cash. |regular |transaction |processing |will |cease.
the |long |tail |of |demand |refers |to |an |increased |_____ |- |CORRECT |ANSWER✔✔-number |of |SKUs
A |negotiator |that |likes |to |solve |problems |in |creative |ways |and |seeks |the |best |solution |for |all |
involved |is |likely |to |use |which |type |of |negotiation |strategy? |- |CORRECT |ANSWER✔✔-
Collaborating
over |the |past |several |decades, |power |has |shifted |in |the |supply |chain |from |_______ |to |
_______ |- |CORRECT |ANSWER✔✔-retailers; |manufacturers
to |which |type |of |system |is |WMS |usually |connected? |- |CORRECT |ANSWER✔✔-ERP
what |does |3PL |stand |for? |- |CORRECT |ANSWER✔✔-Third |Party |Logistics
vision |picking |is |a |cutting |edge |technology |that |is |being |incorporated |into |which |area |of |the |
supply |chain? |- |CORRECT |ANSWER✔✔-warehouse
Correct Answers
How |do |management |and |Leadership |differ? |- |CORRECT |ANSWER✔✔-Leaders |Innovate; |
managers |execute
Safety |Stock |is |____? |- |CORRECT |ANSWER✔✔-the |expected |number |of |units |on |hand |when |
the |next |replenishment |arrives
which |of |the |following |is |the |standardized |test |commonly |required |for |entrance |into |MBA |
Programs? |- |CORRECT |ANSWER✔✔-GMAT
Frito |lay |places |an |order |for |copy |paper |with |staples. |the |order |is |placed |online. |which |type |of
|buying |would |this |be |an |example |of? |- |CORRECT |ANSWER✔✔-Purchasing
Which |logistics |service |provided |by |3PLs |is |most |commonly |used |by |organizations? |- |CORRECT |
ANSWER✔✔-Domestic |Transportation
what |is |the |leading |critical |issue |in |the |trucking |industry |today? |- |CORRECT |ANSWER✔✔-
Driver |shortage
Resilience |in |the |4 |R's |of |supply |chain |competition |is |defined |as |being |able |to |____ |- |CORRECT
|ANSWER✔✔-deal |with |unexpected |disruptions |in |the |supply |chain
which |of |the |following |is |a |fundamental |concept |of |logistics |management? |- |CORRECT |
ANSWER✔✔-there |are |tradeoffs |among |many |of |the |logistics |costs |and |customer |service |
targets
, an |MBA |is |often |a |necassary |degree |to |reach |what |level |of |employment? |- |CORRECT |
ANSWER✔✔-Strategic
what |are |the |major |modes |of |international |transportation? |- |CORRECT |ANSWER✔✔-water |and
|air
Supply |chain |strategy |defines |the |connection |of |activities |and |functions |throughout |the |value |
chain, |in |order |to |fulfill |the |business_______________ |to |customers |in |a |
__________________. |- |CORRECT |ANSWER✔✔-Value |Proposal; |marketplace
According |to |the |ATA, |what |would |the |potential |impact |of |a |truck |stoppage |on |the |banking |
and |finance |industry? |- |CORRECT |ANSWER✔✔-Cash |resources |are |depleted |within |days. |
companies |lose |access |to |cash. |regular |transaction |processing |will |cease.
the |long |tail |of |demand |refers |to |an |increased |_____ |- |CORRECT |ANSWER✔✔-number |of |SKUs
A |negotiator |that |likes |to |solve |problems |in |creative |ways |and |seeks |the |best |solution |for |all |
involved |is |likely |to |use |which |type |of |negotiation |strategy? |- |CORRECT |ANSWER✔✔-
Collaborating
over |the |past |several |decades, |power |has |shifted |in |the |supply |chain |from |_______ |to |
_______ |- |CORRECT |ANSWER✔✔-retailers; |manufacturers
to |which |type |of |system |is |WMS |usually |connected? |- |CORRECT |ANSWER✔✔-ERP
what |does |3PL |stand |for? |- |CORRECT |ANSWER✔✔-Third |Party |Logistics
vision |picking |is |a |cutting |edge |technology |that |is |being |incorporated |into |which |area |of |the |
supply |chain? |- |CORRECT |ANSWER✔✔-warehouse
