DAVILA ASU SCM 300 EXAM 1 2026 TEST
BANK WITH COMPLETE SOLUTIONS
⫸ Productivity vs. Value (M1) Answer: WHAT DID I BUY / WHAT
DID IT COST ME
-ration of outputs to inputs --> maximize amount of outputs that can be
produced and delivered while minimizing inputs // ratio of outputs
purchased divided by inputs used to purchase
⫸ What is SCM (M1) Answer: effective and efficient integration of the
suppliers, manufacturers, transportation organizations as well as the
other parties responsible for collectively bringing products and services
to market
⫸ Operations Management (M1) Answer: making business processes
effective and efficient; create high quality products/services using the
fewest resources as possible; DO IT THE EASIEST WAY POSSIBLE;
improve how things are done
⫸ Logistics (M1) Answer: responsible for developing the transportation
itinerary and finding the appropriate transportation and storage partners
to successfully navigate the flow of materials from point of origin to
final destination point
⫸ Procurement (M1) Answer: the brand responsible for acquiring
materials, equipment, products, and services; developing relationships
and negotiating
, ⫸ Upstream vs. Downstream vs. Reverse Logistics 1st Tier / Reverse
Logistics 2nd Tier (M1) Answer: Upstream: direction that points to
suppliers; manager would try and get empty boxes at the retailer back to
distributor to reuse
Downstream: supply chain direction that points towards the customer --
that's the goal is getting to customer
1st: company's direct supplier
2nd: the suppliers to 1st tier - having week S2 can create problems for
whole system
⫸ Safety Stock (M2) Answer: buffer inventory kept for variation and
uncertainty in demand / to intended to be used (ex: car insurance)
⫸ Pipeline Inventory (M2) Answer: inventory in transit between two
points / on it's way inventory, orders placed but not paid for or received
by customer
⫸ Vertical Integration (M2) Answer: company taking on additional
supply chain responsibilities that were formally done by outside parties
⫸ Benefits of High and Low Inventory Levels/Purchases (M2) Answer:
more inventory to have on hand in case someone runs out but also cost
BANK WITH COMPLETE SOLUTIONS
⫸ Productivity vs. Value (M1) Answer: WHAT DID I BUY / WHAT
DID IT COST ME
-ration of outputs to inputs --> maximize amount of outputs that can be
produced and delivered while minimizing inputs // ratio of outputs
purchased divided by inputs used to purchase
⫸ What is SCM (M1) Answer: effective and efficient integration of the
suppliers, manufacturers, transportation organizations as well as the
other parties responsible for collectively bringing products and services
to market
⫸ Operations Management (M1) Answer: making business processes
effective and efficient; create high quality products/services using the
fewest resources as possible; DO IT THE EASIEST WAY POSSIBLE;
improve how things are done
⫸ Logistics (M1) Answer: responsible for developing the transportation
itinerary and finding the appropriate transportation and storage partners
to successfully navigate the flow of materials from point of origin to
final destination point
⫸ Procurement (M1) Answer: the brand responsible for acquiring
materials, equipment, products, and services; developing relationships
and negotiating
, ⫸ Upstream vs. Downstream vs. Reverse Logistics 1st Tier / Reverse
Logistics 2nd Tier (M1) Answer: Upstream: direction that points to
suppliers; manager would try and get empty boxes at the retailer back to
distributor to reuse
Downstream: supply chain direction that points towards the customer --
that's the goal is getting to customer
1st: company's direct supplier
2nd: the suppliers to 1st tier - having week S2 can create problems for
whole system
⫸ Safety Stock (M2) Answer: buffer inventory kept for variation and
uncertainty in demand / to intended to be used (ex: car insurance)
⫸ Pipeline Inventory (M2) Answer: inventory in transit between two
points / on it's way inventory, orders placed but not paid for or received
by customer
⫸ Vertical Integration (M2) Answer: company taking on additional
supply chain responsibilities that were formally done by outside parties
⫸ Benefits of High and Low Inventory Levels/Purchases (M2) Answer:
more inventory to have on hand in case someone runs out but also cost
