SCM 300 DAVILA ASU EXAM PREP
QUESTIONS AND ANSWERS FULL
SOLUTION REVIEW
●● 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)
QUESTIONS AND ANSWERS FULL
SOLUTION REVIEW
●● 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)