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SCM FUNDAMENTALS EXAM 2 STUDY GUIDE QUESTIONS AND ANSWER 2025

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One of the things that you learn from the interns in the opening video of Session 06 is that in Supply Chain Management, even as an intern, you get to: - Correct Ans-Make real-life recommendations that influence the way a business operates In explaining the importance of Supply Chain Sustainability, Bob Taylor of Taylor Guitars explains that one of their perspectives when sourcing wood for their guitars: Apples grow on trees and Oranges grow on trees, but - Correct Ans-Wood does not grow on a tree, so when you harvest wood, you are destroying the entire tree,. Therefore, you must protect the forests in order to have a sustainable source for wood. Within Kraljic's Portfolio Analysis, products that represent High Risk and High Value to the company are categorized as: - Correct Ans-Critical or Strategic A company would like to produce 500 products per week for 5 weeks. The Direct Material Cost for the raw materials used in the product is $3.25 per product. In order to start production, the company must purchase a special drill that costs $400.00 (this is a One-Time purchase). What is the Total Cost Per Product? - Correct Ans-$3.41 per product To demonstrate a real-world application of the Strategic Sourcing process, Session 07 featured one of Bauer's Supply Chain Management alumni, Tania, who works as a buyer at Halliburton. She states that one reason she was able to get her job at Halliburton is that: - Correct Ans-As a part of the Strategic Sourcing classes (SCM 4350 and SCM 4351), the students participate in case competitions where they get to analyze real company data and then present procurement strategies to top executives at those companies. This real world experience gives our Bauer SCM students an edge in the interview process. Word hard, Play hard...we are one team - Correct Ans-Within the Session 06 video profile of Coyote Logistics, a Supply Chain Management company, employees claim that this is a fun place to work because the attitude of: When putting together a Weighted-Point Evaluation System, a company put together the following list of weights: Safety = 0.18 Sustainability = 0.12 Quality = 0.20 Delivery = 0.21 Cost = ? What should be the weight for "Cost" for this to be a valid Weighting Scheme? - Correct Ans-0.29

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Uploaded on
March 6, 2025
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Written in
2024/2025
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SCM EXAM 2



SCM FUNDAMENTALS EXAM 2 STUDY
GUIDE QUESTIONS AND ANSWER 2025
One of the things that you learn from the interns in the opening video of Session 06 is
that in Supply Chain Management, even as an intern, you get to: - Correct Ans-Make
real-life recommendations that influence the way a business operates

In explaining the importance of Supply Chain Sustainability, Bob Taylor of Taylor
Guitars explains that one of their perspectives when sourcing wood for their guitars:
Apples grow on trees and Oranges grow on trees, but - Correct Ans-Wood does not
grow on a tree, so when you harvest wood, you are destroying the entire tree,.
Therefore, you must protect the forests in order to have a sustainable source for wood.

Within Kraljic's Portfolio Analysis, products that represent High Risk and High Value to
the company are categorized as: - Correct Ans-Critical or Strategic

A company would like to produce 500 products per week for 5 weeks.
The Direct Material Cost for the raw materials used in the product is $3.25 per product.
In order to start production, the company must purchase a special drill that costs
$400.00 (this is a One-Time purchase).
What is the Total Cost Per Product? - Correct Ans-$3.41 per product

To demonstrate a real-world application of the Strategic Sourcing process, Session 07
featured one of Bauer's Supply Chain Management alumni, Tania, who works as a
buyer at Halliburton. She states that one reason she was able to get her job at
Halliburton is that: - Correct Ans-As a part of the Strategic Sourcing classes (SCM 4350
and SCM 4351), the students participate in case competitions where they get to analyze
real company data and then present procurement strategies to top executives at those
companies. This real world experience gives our Bauer SCM students an edge in the
interview process.

Word hard, Play hard...we are one team - Correct Ans-Within the Session 06 video
profile of Coyote Logistics, a Supply Chain Management company, employees claim
that this is a fun place to work because the attitude of:

When putting together a Weighted-Point Evaluation System, a company put together
the following list of weights:
Safety = 0.18
Sustainability = 0.12
Quality = 0.20
Delivery = 0.21
Cost = ?
What should be the weight for "Cost" for this to be a valid Weighting Scheme? - Correct
Ans-0.29

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