QDM Final Exam questions with correct
answers
Prior to embarking on supply chain design, operations managers must first
consider - ....🔰VERIFIED ANSWERS.... ✔✔"make-or-buy" and outsourcing
decisions.
What is transferring a firm's activities that have traditionally been internal to
external suppliers? - ....🔰VERIFIED ANSWERS.... ✔✔outsourcing
The advantage of having few suppliers is to - ....🔰VERIFIED ANSWERS....
✔✔form a long-term relationship.
Which of the following mitigation tactics is NOT designed to reduce the risk of
information loss or distortion? - ....🔰VERIFIED ANSWERS.... ✔✔alternate
sourcing
Which of the following statements is NOT true regarding the bullwhip effect?
- ....🔰VERIFIED ANSWERS.... ✔✔The bullwhip effect occurs as order are
relayed from retails, to distributors, to wholesalers, to manufacturers, with
fluctuations decreasing at each step in the sequence.
A lawnmower assembly plant uses a variety of nuts, bolts, screws, and other
fasteners in its operation. Its supplier delivers these items directly to the point
of use on the assembly line and ensures that there are always sufficient
quantities of fasteners to maintain the production schedule. - ....🔰VERIFIED
ANSWERS.... ✔✔vendor-managed inventory.
, Supply chain managers outsource logistics to meet three goals: - ....🔰
VERIFIED ANSWERS.... ✔✔drive down inventory investment, lower delivery
costs, and improve delivery reliability and speed.
Three common measures of supply chain performance are: - ....🔰VERIFIED
ANSWERS.... ✔✔percentage invested in inventory, inventory turnover, and
weeks of supply.
How many unique supply chains does Darden use? - ....🔰VERIFIED
ANSWERS.... ✔✔4
RAW MATERIALS - ....🔰VERIFIED ANSWERS.... ✔✔All products can be
traced back thru their supply chain to basic raw materials
SUPPLY CHAIN - ....🔰VERIFIED ANSWERS.... ✔✔The flow of products
(and/or services) from raw materials all the way thru to the final customer.
SCM RISK FACTORS - ....🔰VERIFIED ANSWERS.... ✔✔Natural Disasters,
Currency Fluctuations, Single Source Risk
SOURCING (aka PROCUREMENT) - ....🔰VERIFIED ANSWERS.... ✔✔In
STRATEGIC SOURCING we continuously improve how goods and services are
purchased to ensure competitiveness by focusing on quality, cost, and delivery
SOURCING STRATEGIES - ....🔰VERIFIED ANSWERS.... ✔✔Many Suppliers
Few Suppliers
answers
Prior to embarking on supply chain design, operations managers must first
consider - ....🔰VERIFIED ANSWERS.... ✔✔"make-or-buy" and outsourcing
decisions.
What is transferring a firm's activities that have traditionally been internal to
external suppliers? - ....🔰VERIFIED ANSWERS.... ✔✔outsourcing
The advantage of having few suppliers is to - ....🔰VERIFIED ANSWERS....
✔✔form a long-term relationship.
Which of the following mitigation tactics is NOT designed to reduce the risk of
information loss or distortion? - ....🔰VERIFIED ANSWERS.... ✔✔alternate
sourcing
Which of the following statements is NOT true regarding the bullwhip effect?
- ....🔰VERIFIED ANSWERS.... ✔✔The bullwhip effect occurs as order are
relayed from retails, to distributors, to wholesalers, to manufacturers, with
fluctuations decreasing at each step in the sequence.
A lawnmower assembly plant uses a variety of nuts, bolts, screws, and other
fasteners in its operation. Its supplier delivers these items directly to the point
of use on the assembly line and ensures that there are always sufficient
quantities of fasteners to maintain the production schedule. - ....🔰VERIFIED
ANSWERS.... ✔✔vendor-managed inventory.
, Supply chain managers outsource logistics to meet three goals: - ....🔰
VERIFIED ANSWERS.... ✔✔drive down inventory investment, lower delivery
costs, and improve delivery reliability and speed.
Three common measures of supply chain performance are: - ....🔰VERIFIED
ANSWERS.... ✔✔percentage invested in inventory, inventory turnover, and
weeks of supply.
How many unique supply chains does Darden use? - ....🔰VERIFIED
ANSWERS.... ✔✔4
RAW MATERIALS - ....🔰VERIFIED ANSWERS.... ✔✔All products can be
traced back thru their supply chain to basic raw materials
SUPPLY CHAIN - ....🔰VERIFIED ANSWERS.... ✔✔The flow of products
(and/or services) from raw materials all the way thru to the final customer.
SCM RISK FACTORS - ....🔰VERIFIED ANSWERS.... ✔✔Natural Disasters,
Currency Fluctuations, Single Source Risk
SOURCING (aka PROCUREMENT) - ....🔰VERIFIED ANSWERS.... ✔✔In
STRATEGIC SOURCING we continuously improve how goods and services are
purchased to ensure competitiveness by focusing on quality, cost, and delivery
SOURCING STRATEGIES - ....🔰VERIFIED ANSWERS.... ✔✔Many Suppliers
Few Suppliers
