GSCM 201 – FINAL (Latest Update 2026 /
2027) Questions & Answers {Grade A}
100% Correct
Reorder Point - correct answer Allows you to know when you need to reorder
Reorder Point = Average Daily Use * Lead time
SCOR Model - correct answer a framework that focuses on a basic supply chain of
plan, source, make, deliver, and return processes, repeated again and again along the
supply chain
Process Design - correct answer consists of configuring inputs and resources in a
way that provides value, enhances quality, and is productive
Process Management - correct answer The act of executing and controlling the
productive functions of a firm
, Process Control - correct answer is the act of monitoring a process for its efficacy, a
process that includes dimensions such as cost, timeliness, or quality.
Process Improvement - correct answer is a proactive effort to enhance process
performance. Often, managers employ process improvement in response to customer
needs or competitive pressures.
Transactional Relationships - correct answer typically short-term relationships based
on cost advantages
Complementary Relationship - correct answer each company needs the core
competency of the other in order to maintain customer value
2027) Questions & Answers {Grade A}
100% Correct
Reorder Point - correct answer Allows you to know when you need to reorder
Reorder Point = Average Daily Use * Lead time
SCOR Model - correct answer a framework that focuses on a basic supply chain of
plan, source, make, deliver, and return processes, repeated again and again along the
supply chain
Process Design - correct answer consists of configuring inputs and resources in a
way that provides value, enhances quality, and is productive
Process Management - correct answer The act of executing and controlling the
productive functions of a firm
, Process Control - correct answer is the act of monitoring a process for its efficacy, a
process that includes dimensions such as cost, timeliness, or quality.
Process Improvement - correct answer is a proactive effort to enhance process
performance. Often, managers employ process improvement in response to customer
needs or competitive pressures.
Transactional Relationships - correct answer typically short-term relationships based
on cost advantages
Complementary Relationship - correct answer each company needs the core
competency of the other in order to maintain customer value
