SCMN 2150: Exam 1 Modules 1-4 Robert Straw
Questions and Answers 100% Pass
According to the Module 1 readings, what benefit is achieved by
supply chain integration?
A. reduced facility investment
B. greater demand planning accuracy
C. greater equipment utilization
D. rationalized product handling - CORRECT ANSWER-B. greater
demand planning accuracy
According to the Module 1 readings, the ______ process focuses on
minimizing the number of items that enter a backward flow due to
defects, being out of date, or needing to be recycled.
A. deliver
B. return
C. make
D. plan - CORRECT ANSWER-B. return
What should drive activity across the supply chain?
A. manufacturing efficiency
B. executive strategy
C. customer demand
,D. marketing prediction - CORRECT ANSWER-C. customer demand
Which supply chain process focuses on the transformation of inputs
into outputs?
A. supply management
B. production
C. logistics
D. post sales service - CORRECT ANSWER-B. production
_______ Management includes all the activities that take place to get
a product in your hands - from raw materials extraction to production
and final goods delivery.
A. logistics
B. supply
C. supply chain
D. operations - CORRECT ANSWER-C. supply chain
What are the three key flows of a supply chain? - CORRECT ANSWER-
INFORMATION, PRODUCTS, FINANCIALS
Create visibility, drive utility, release funds
7 Rights - CORRECT ANSWER-cost, consumer, condition, place,
product, time, quantity
, The 7 rights are part of the ... - CORRECT ANSWER-fulfillment
accuracy
Why is scm important - CORRECT ANSWER-better, faster, cheaper
5 primary groups of Supply Chain - CORRECT ANSWER-Suppliers,
manufacturers, distributors, retailers, and consumers
Supply Chain Management - CORRECT ANSWER-- Organization,
people, activity, info, resources
-plan, source, make, deliver, return
Most important participant in the supply chain - CORRECT ANSWER-
CONSUMER
Time utility - CORRECT ANSWER-having things in the right season
Ex. sunscreen
Place utility - CORRECT ANSWER-goods according to geographic
location
Ex. winter coats
Distribution centers provide what benefit that is not readily available
with cross-docking or direct delivery?
Questions and Answers 100% Pass
According to the Module 1 readings, what benefit is achieved by
supply chain integration?
A. reduced facility investment
B. greater demand planning accuracy
C. greater equipment utilization
D. rationalized product handling - CORRECT ANSWER-B. greater
demand planning accuracy
According to the Module 1 readings, the ______ process focuses on
minimizing the number of items that enter a backward flow due to
defects, being out of date, or needing to be recycled.
A. deliver
B. return
C. make
D. plan - CORRECT ANSWER-B. return
What should drive activity across the supply chain?
A. manufacturing efficiency
B. executive strategy
C. customer demand
,D. marketing prediction - CORRECT ANSWER-C. customer demand
Which supply chain process focuses on the transformation of inputs
into outputs?
A. supply management
B. production
C. logistics
D. post sales service - CORRECT ANSWER-B. production
_______ Management includes all the activities that take place to get
a product in your hands - from raw materials extraction to production
and final goods delivery.
A. logistics
B. supply
C. supply chain
D. operations - CORRECT ANSWER-C. supply chain
What are the three key flows of a supply chain? - CORRECT ANSWER-
INFORMATION, PRODUCTS, FINANCIALS
Create visibility, drive utility, release funds
7 Rights - CORRECT ANSWER-cost, consumer, condition, place,
product, time, quantity
, The 7 rights are part of the ... - CORRECT ANSWER-fulfillment
accuracy
Why is scm important - CORRECT ANSWER-better, faster, cheaper
5 primary groups of Supply Chain - CORRECT ANSWER-Suppliers,
manufacturers, distributors, retailers, and consumers
Supply Chain Management - CORRECT ANSWER-- Organization,
people, activity, info, resources
-plan, source, make, deliver, return
Most important participant in the supply chain - CORRECT ANSWER-
CONSUMER
Time utility - CORRECT ANSWER-having things in the right season
Ex. sunscreen
Place utility - CORRECT ANSWER-goods according to geographic
location
Ex. winter coats
Distribution centers provide what benefit that is not readily available
with cross-docking or direct delivery?