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SCM FUNDAMENTALS EXAM 2 / STUDY GUIDE EXAM
NEWEST ACTUAL QUESTIONS AND ANSWERS (A+
GUIDE SOLUTION)
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: -
(answers)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 - (answers)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: - (answers)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? - (answers)$3.41 per product
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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: - (answers)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 - (answers)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? -
(answers)0.29
A company would like to produce 2000 products per week for 30 weeks.
The Direct Material Cost for the raw materials used in the product is $1.50 per
product.
SCM FUNDAMENTALS EXAM 2 / STUDY GUIDE EXAM
NEWEST ACTUAL QUESTIONS AND ANSWERS (A+
GUIDE SOLUTION)
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: -
(answers)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 - (answers)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: - (answers)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? - (answers)$3.41 per product
, 2|Page
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: - (answers)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 - (answers)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? -
(answers)0.29
A company would like to produce 2000 products per week for 30 weeks.
The Direct Material Cost for the raw materials used in the product is $1.50 per
product.
