SCMN 3710 Final Exam and All Correct
Answers 2026-2027 Updated.
The primary Key Performance Indicators (KPIs) for supply chain managers are - Answer Total
Cost, Customer Service Level, and CSL/TC
Two primary economic elements driving the rapid increase in global trade over the last 50 years
are - Answer increased availability of information and reduced transportation costs
Which of the following is NOT one of the the three main macroeconomic forces driving the
explosive growth in international trade since 1944: - Answer time and place utility
A critical outcome of the supply chain is to deliver - Answer the right product to the right
place.
Which of the below is not one of the external forces driving the rate of change and shaping our
economic and political landscape? - Answer Environmental concerns
Most retailers are essentially supply chain companies since - Answer they buy products
produced by others.
Which is not an important issue for economic development and vitality of the economy -
Answer Entrepreneurship
Where is a megacity most likely to develop? - Answer Asia
Which two countries account for approximately 36% of the total world population? - Answer
China, India
The utility that is created by moving goods from production points to market points where
demand exists is referred to as: - Answer Place
When a specific point in time, or level of production, is chosen and costs are developed for the
various logistics cost centers, it is called - Answer short run analysis
As a firm spends more on transportation service, cost of lost sales: - Answer Decrease
, In the short run, the firm's network is _________ while in the long run it is ________. - Answer
fixed, Variable
Application of the grid technique to the location of a city warehouse - Answer incorporates a
blanket rate structure that applies the same rate from an origin to any point within the city or
commercial zone.
An advantage to dedicated fulfillment is: - Answer No disruption to store operations
The internal balancing method deals with - Answer Inventory and production flexibility.
Exponential smoothing - Answer Is one of the most commonly used techniques.
Demand management includes - Answer Flows of services, capital, and products
Order management system represents the principal means by which - Answer orders are
handled inside the company.
Which of the following order cycle lengths would require the buyer to hold the most total
inventory during lead time? - Answer "10 days, +/- 4 days"
The time that elapses from when a company receives an order until it gets paid for delivering
the order is called the: - Answer Order to cash cycle
Channel structure management includes decisions regarding the use of outsourcing,
channel inventories, ____________, and channel structure. - Answer information systems
Which of the following is NOT a supply chain decision area regarding ROA
improvement? - Answer Information Management
Which of the following is NOT an element of Order Management? - Answer optimizing mode
mix
The "Value Proposition" that must be satisfied for the "invisible hand" to move goods from
areas of surplus to areas of shortage holds that the _____ must be _______ the _______ . -
Answer change in total value, greater than, change in total cost
Answers 2026-2027 Updated.
The primary Key Performance Indicators (KPIs) for supply chain managers are - Answer Total
Cost, Customer Service Level, and CSL/TC
Two primary economic elements driving the rapid increase in global trade over the last 50 years
are - Answer increased availability of information and reduced transportation costs
Which of the following is NOT one of the the three main macroeconomic forces driving the
explosive growth in international trade since 1944: - Answer time and place utility
A critical outcome of the supply chain is to deliver - Answer the right product to the right
place.
Which of the below is not one of the external forces driving the rate of change and shaping our
economic and political landscape? - Answer Environmental concerns
Most retailers are essentially supply chain companies since - Answer they buy products
produced by others.
Which is not an important issue for economic development and vitality of the economy -
Answer Entrepreneurship
Where is a megacity most likely to develop? - Answer Asia
Which two countries account for approximately 36% of the total world population? - Answer
China, India
The utility that is created by moving goods from production points to market points where
demand exists is referred to as: - Answer Place
When a specific point in time, or level of production, is chosen and costs are developed for the
various logistics cost centers, it is called - Answer short run analysis
As a firm spends more on transportation service, cost of lost sales: - Answer Decrease
, In the short run, the firm's network is _________ while in the long run it is ________. - Answer
fixed, Variable
Application of the grid technique to the location of a city warehouse - Answer incorporates a
blanket rate structure that applies the same rate from an origin to any point within the city or
commercial zone.
An advantage to dedicated fulfillment is: - Answer No disruption to store operations
The internal balancing method deals with - Answer Inventory and production flexibility.
Exponential smoothing - Answer Is one of the most commonly used techniques.
Demand management includes - Answer Flows of services, capital, and products
Order management system represents the principal means by which - Answer orders are
handled inside the company.
Which of the following order cycle lengths would require the buyer to hold the most total
inventory during lead time? - Answer "10 days, +/- 4 days"
The time that elapses from when a company receives an order until it gets paid for delivering
the order is called the: - Answer Order to cash cycle
Channel structure management includes decisions regarding the use of outsourcing,
channel inventories, ____________, and channel structure. - Answer information systems
Which of the following is NOT a supply chain decision area regarding ROA
improvement? - Answer Information Management
Which of the following is NOT an element of Order Management? - Answer optimizing mode
mix
The "Value Proposition" that must be satisfied for the "invisible hand" to move goods from
areas of surplus to areas of shortage holds that the _____ must be _______ the _______ . -
Answer change in total value, greater than, change in total cost
