D080 MODULE 10 EXAM QUESTIONS
& CORRECT PASSED ANSWERS
Supply Chain Networks CORRECT ANSWER - A complex, evolved form of a supply
chain that includes secondary support and multiple, interrelated supply and distribution
lines
Value Chain CORRECT ANSWER - The process by which a company adds value to
product, such as production, marketing, and service
Lean Manufacturing Principles CORRECT ANSWER - A collection of methods or
theories for reducing waste in manufacturing
Multinational Production CORRECT ANSWER - Manufacturing process that spans
multiple countries outside a firm's country of origin, usually in a coordinated multistage
system
This networked approach also allows for more customization for customers-
If the computer company needs a limited number of casings in neon green for a special
Earth Day edition, then one of the plants can be configured to make the green casings
while the other plants continue making the standard black and white.
CSCMP def of supply chain management CORRECT ANSWER - Council of Supply
Chain Management Professionals, defines supply chain management as follows:
"Supply chain management encompasses the planning and management of all activities
involved in sourcing and procurement, conversion, and logistics. Importantly, it also
includes coordination and collaboration with channel partners, which can be suppliers,
intermediaries, third-party service providers, and customers. In essence, supply chain
management integrates supply-and-demand management within and across companies
3 components of Supply Chain Management CORRECT ANSWER - (a) creating the
supply chain network structure, (b) developing supply chain business processes, and (c)
managing the supply chain activities
Benefits of the e-commerce CORRECT ANSWER - has produced (a) greater cost
efficiency; (b) distribution flexibility; (c) better customer service; and (d) the ability to
track and monitor shipments
What to consider when planning the production process CORRECT ANSWER - How
much input do I receive from a particular customer before producing my goods?
& CORRECT PASSED ANSWERS
Supply Chain Networks CORRECT ANSWER - A complex, evolved form of a supply
chain that includes secondary support and multiple, interrelated supply and distribution
lines
Value Chain CORRECT ANSWER - The process by which a company adds value to
product, such as production, marketing, and service
Lean Manufacturing Principles CORRECT ANSWER - A collection of methods or
theories for reducing waste in manufacturing
Multinational Production CORRECT ANSWER - Manufacturing process that spans
multiple countries outside a firm's country of origin, usually in a coordinated multistage
system
This networked approach also allows for more customization for customers-
If the computer company needs a limited number of casings in neon green for a special
Earth Day edition, then one of the plants can be configured to make the green casings
while the other plants continue making the standard black and white.
CSCMP def of supply chain management CORRECT ANSWER - Council of Supply
Chain Management Professionals, defines supply chain management as follows:
"Supply chain management encompasses the planning and management of all activities
involved in sourcing and procurement, conversion, and logistics. Importantly, it also
includes coordination and collaboration with channel partners, which can be suppliers,
intermediaries, third-party service providers, and customers. In essence, supply chain
management integrates supply-and-demand management within and across companies
3 components of Supply Chain Management CORRECT ANSWER - (a) creating the
supply chain network structure, (b) developing supply chain business processes, and (c)
managing the supply chain activities
Benefits of the e-commerce CORRECT ANSWER - has produced (a) greater cost
efficiency; (b) distribution flexibility; (c) better customer service; and (d) the ability to
track and monitor shipments
What to consider when planning the production process CORRECT ANSWER - How
much input do I receive from a particular customer before producing my goods?