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Exam (elaborations)

Supply Chain Exam 1 Test Bank – Questions With Verified Solutions

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Supply Chain Exam 1 Test Bank – Questions With Verified Solutions

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Supply Chain Exam 1 Test Bank – Questions With
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Terms in this set (82)



Successful supply chain integration in True
a retail industry occurs when supply
chain participants realize that the
needs and desires of the end item
retail consumer dictate the objectives
and policies of all the other supply
chain participants


The assembly or production of True
finished products, producing the right
amount of product, and ensuring that
finished products meet specific
quality, cost, and customer service
requirements can all be considered
elements of operations


Bullwhip effect It refers to increasing swings in inventory in response
to shifts in customer demand as one moves further
up the supply chain.


Future trends in supply chain True
management include increasing
supply chain responsiveness and
considering the negative
environmental impacts of supply
chains.

,The Internet and ERP systems have True
made global teamwork both possible
and necessary for companies trying to
compete in today's global
marketplace.


According to the textbook, the keys to True
successful supply chain management
include trust and honest, accurate
communications between supply
chain partners.


According to the textbook, the end- True
product manufacturer is considered
the focal firm in modern supply
chains.


Which of the following is an illustration D
of a company that has vertically
integrated?
a.
A computer manufacturer that
acquires its computer components
supplier
b.
A computer manufacturer that
acquires warehouses to aid in its
product distribution
c.
A computer components supplier that
begins to assemble computers for
sale to consumers
d.
All of these


The term Supply Chain Management 1980s
and the field of study it represents
today seems to have emerged in the:

, According to the text, the FOUR Purchasing, operations, distribution, intergration
important elements of the supply
chain are:


TQM,JIT,MRP,MRPII,ERP,MRO,TCO,3PL total quality management
Just in time
Maerials requirements planning
manufacturing resource planning
enterprise resource plannign
maintenance repair operations
total cost of ownerhship
third party logistics


Strategic partnerships are seen as one true
of the foundations of supply chain
management


Successful modern supply chain The sharing of information between supply chain
management typically includes the partners
practice of:


Transportation management, Distribution (logistics)
customer relationship management,
network design, and service response
logistics are all important issues that
are most closely related to:


Which of the following was a popular Business process reegnineering
way in the 1990's of developing
radically new business processes in an
effort to reduce waste and increase
performance?


ISO 9000 quality management
ISO 14000 enviornment management

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