BUAD 331 Quiz 1 with 100% Verified Solutions
What part of the Supply Chain Operations Reference (SCOR) model involves turning the raw
material into a finished product? Correct Ans-Make
In relation to the overall supply chain, ______ place a priority on cost savings while _______
place a priority on doing whatever is necessary to deliver form, time, and place as promised
on a specific order. Correct Ans-upstream operations, downstream operations
What negative outcomes can result from large lot-sized, long lead-time operations?
Correct Ans--Customers don't want the items.
-The items are in places and at times customers don't want them.
-Unsold products are sold at reduced prices or scrapped altogether.
____________ the chain facilitates better strategic alignment between supply chain
operations. Correct Ans-Bending
What did Caterpillar do in 2013 that led to a better integration of its supply chain functions?
Correct Ans-Formed an integrated supply chain group to manage it's supply chain
Which of the following would be a metric for a senior level supply chain manager? Correct
Ans-Cash-to-cash cycle
What part of the Supply Chain Operations Reference (SCOR) model involves turning the raw
material into a finished product? Correct Ans-Make
In relation to the overall supply chain, ______ place a priority on cost savings while _______
place a priority on doing whatever is necessary to deliver form, time, and place as promised
on a specific order. Correct Ans-upstream operations, downstream operations
What negative outcomes can result from large lot-sized, long lead-time operations?
Correct Ans--Customers don't want the items.
-The items are in places and at times customers don't want them.
-Unsold products are sold at reduced prices or scrapped altogether.
____________ the chain facilitates better strategic alignment between supply chain
operations. Correct Ans-Bending
What did Caterpillar do in 2013 that led to a better integration of its supply chain functions?
Correct Ans-Formed an integrated supply chain group to manage it's supply chain
Which of the following would be a metric for a senior level supply chain manager? Correct
Ans-Cash-to-cash cycle
