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TEST BANK OPERATIONS AND SUPPLY CHAIN LATEST UPDATED ACTUAL FINAL EXAM VERSION WITH COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS GUARANTEED A+ GRADED

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TEST BANK OPERATIONS AND SUPPLY CHAIN LATEST UPDATED ACTUAL FINAL EXAM VERSION WITH COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS GUARANTEED A+ GRADED

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TEST BANK OPERATIONS AND SUPPLY CHAIN LATEST
UPDATED ACTUAL FINAL EXAM VERSION 2024-2025 WITH
COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS
GUARANTEED A+ GRADED

Every organization has an operations function. - ANSWER-TRUE



Most organizations function as part of a larger supply chain. - ANSWER-TRUE



The supply chain is a network of manufacturers and service providers that work together to create
products or services needed by end users. - ANSWER-TRUE



To participate in a supply chain, a firm must actually handle the physical goods at some point. -
ANSWER-FALSE



Information and materials are two examples of inputs to the transformation process. - ANSWER-TRUE



In general, operations management activities are information and decision intensive. - ANSWER-TRUE



Of the three flows linking organizations in a supply chain, information and monetary flows always move
upstream and physical flows always move downstream. - ANSWER-FALSE



A second-tier supplier is downstream from a first-tier supplier in a supply chain. - ANSWER-FALSE



Most of the participants in a supply chain are both suppliers and customers. - ANSWER-TRUE



Transportation and warehousing are examples of logistics activities. - ANSWER-TRUE



The collection of people, technology, and systems within an organization that has primary responsibility
for providing the organization's products or services is called:

,A) the supply chain.

B) the operations function.

C) the evoked set.

D) relationship management. - ANSWER-The operations function



Which of these is NOT a component of the operations function in an organization?

A) People

B) Technology

C) Systems

D) Information - ANSWER-Information



Which of the following is NOT a flow typically found in a supply chain?

A) physical

B) information

C) monetary

D) risk - ANSWER-Risk



Which of the following is primarily a supply chain management decision?

A) from whom to purchase materials

B) how many of each item should be produced

C) the mix of labor skill and automation

D) the location of the plant - ANSWER-from whom to purchase materials



________ is an example of an output of the transformation process.

A) Material

B) Information

C) Satisfied customers

D) Intangible needs - ANSWER-Satisfied customers

,Typical inputs to the transformation process include:

A) tangible goods.

B) satisfied customers.

C) intangible needs.

D) fulfilled needs. - ANSWER-intangible needs



Which of the following statements about the operations function is NOT correct?

A) Inputs to operations can take many different forms.

B) Nearly all operations activities require coordination with other business functions.

C) The outputs of an operations function are always tangible.

D) Operations management activities are information and decision intensive. - ANSWER-The outputs of
an operations function are always tangible.



Which of these statements about flows in a supply chain is best?

A) Information and monetary flows move upstream and downstream, but physical flows move
downstream only.

B) Information flows move upstream and downstream, monetary flows move upstream only, and
physical flows move downstream only.

C) Information and monetary flows move upstream only and physical flows move downstream only.

D) Information, physical and monetary flows move both upstream and downstream. - ANSWER-
Information, physical and monetary flows move both upstream and downstream.



Which of the following statements regarding the supply chain is - ANSWER-TRUE



?

A) A second-tier supplier is downstream from a first-tier supplier.

B) A first-tier supplier is upstream from a second-tier supplier.

C) A first-tier supplier is downstream from a second-tier supplier.

D) A customer is upstream from a first-tier supplier. - ANSWER-A first-tier supplier is downstream from a
second-tier supplier.

, In the Sweet Action! supply chain, the flowers produce the nectar which is collected by the bees. The
busy bees take this nectar and produce honey, which is collected by the beekeeper, who puts it in quart
jars and supplies it to the baker. The baker produces a lovely array of confections, which are purchased
by the local restaurant. The restaurant sells these confections to their loyal diners, who gleefully
consume them and nag the chef for his recipe. Which of these statements about this supply chain is
best?

A) The busy bees are a first-tier supplier of the local restaurant.

B) The beekeeper is a first-tier supplier of the local restaurant.

C) The baker is a first-tier supplier of the local restaurant.

D) The local restaurant is a first-tier supplier of the loyal diners. - ANSWER-The baker is a first-tier
supplier of the local restaurant.



In the Sweet Action! supply chain, the flowers produce the nectar which is collected by the bees. The
busy bees take this nectar and produce honey, which is collected by the beekeeper, who puts it in quart
jars and supplies it to the baker. The baker produces a lovely array of confections, which are purchased
by the local restaurant. The restaurant sells these confections to their loyal diners, who gleefully
consume them and nag the chef for his recipe. Which of these statements about this supply chain is
best?

A) The busy bees are a second-tier supplier of the local restaurant.

B) The beekeeper is a second-tier supplier of the local restaurant.

C) The baker is a second-tier supplier of the local restaurant.

D) The local restaurant is a second-tier supplier of the loyal diners. - ANSWER-The beekeeper is a
second-tier supplier of the local restaurant.



In the Sweet Action! supply chain, the flowers produce the nectar which is collected by the bees. The
busy bees take this nectar and produce honey, which is collected by the beekeeper, who puts it in quart
jars and supplies it to the baker. The baker produces a lovely array of confections, which are purchased
by the local restaurant. The restaurant sells these confections to their loyal diners, who gleefully
consume them and nag the chef for his recipe. Which of these statements about this supply chain is
best?

A) The busy bees are within the span of the SCOR model of the local restaurant.

B) The beekeeper is within the span of the SCOR model of the local restaurant.

C) The loyal patrons are within the span of the SCOR model of the beekeeper.

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