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WGU D471 Global Supply Chain Management OBJECTIVE ASSESSMENT ACTUAL EXAM 2025/2026 COMPLETE QUESTIONS WITH VERIFIED CORRECT ANSWERS || 100% GUARANTEED PASS NEWEST VERSION

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WGU D471 Global Supply Chain Management OBJECTIVE ASSESSMENT ACTUAL EXAM 2025/2026 COMPLETE QUESTIONS WITH VERIFIED CORRECT ANSWERS || 100% GUARANTEED PASS NEWEST VERSION 1. A successful global presence is dependent on having a physical supply network capable of - ANSWER responding to customer demands 2. One of the biggest challenges for companies setting up global supply chains are the - ANSWER significant differences in infrastructure in developing countries 3. Companies often overlook the ______________ ____________ in infrastructural resources when they begin doing business in developing countries and often encounter significant challenges - ANSWER substantial deficiencies 4. What is a traditional definition of supply chain? - ANSWER A network of connected and interdependent organisations mutually and co-operatively working together to control, manage and improve the flow of materials and information from suppliers to end users 5. What are the six foundational premises of a supply chain conceptualization? - ANSWER 1. The supply chain is a network, consisting of nodes and links. 2. The supply chain as a network operates as a complex adaptive system, where every agent grapples with the tension between control and emergence. 3. The supply chain is relative to a particular product and agent. 4. The supply chain consists of both a physical supply chain and a support supply chain 5. The supply chain is bounded by the visible horizon of the focal agent. 6. The visible horizon of the focal agent is subject to attenuation, where distance is based on factors including physical distance, cultural distance, and closeness centrality 6. What is a node? - ANSWER An establishment which is an agent that has the ability to make decisions and maximize its own gain within the parameters in which it operates 7. What is a link? - ANSWER The connection between two nodes. Links represent transactions consisting of the flow of materials, information, and/or finance between nodes. 8. What is a more recent definition of Supply Chain Management? - ANSWER The management of upstream and downstream relationships with suppliers and customers in order to deliver superior customer value at less cost to the supply chain as a whole 9. What is the bullwhip effect? - ANSWER Definition: Phenomenon where orders to the supplier tend to have larger variance than sales to the buyer (i.e., demand distortion), and the distortion propagates upstream in an amplified form (i.e., variance amplification) 10. What is a Customer Order Decoupling Point? (Order Penetration Point) - ANSWER The decoupling point separates the part of the supply chain geared towards directly satisfying customer orders [= pull processes] from the part of the supply chain based on planning [= push processes] 11. What is the definition of distribution? - ANSWER Distribution refers to the steps taken to move and store a product from the supplier stage to a customer stage in the supply chain. Distribution occurs between every pair of stages in the supply chain. 12. What is the definition of Logistics Management? - ANSWER That part of supply chain management that plans, implements, and controls the efficient, effective forward and reverses flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customers' requirements 13. Define and Compare two Risk Metrics - ANSWER TTR - Time to Recovery (Time to fuly restore after disruption) TTS - Time to Survive (Maximum duration that a SC can match supply with demand after a disruption) TTS TTR: Disruption will expose firm to financial and operational problems. 14. Define 4 different Strategies to Control RIsks - ANSWER Risk Reduction: Reduce the probability/consequence Risk Avoidance: eliminates types of events that could trigger risk Risk Taking: Take potential risk impact (no strategy) Risk Sharing: implement contractual mechanisms and purse collaboration 15. Define Robustness - ANSWER Ability of SC to resist change without adapting its initial stable configuration - Multiple sources of supply - Inventory buffers - Flexible transportation 16. Define Agility - ANSWER Ability of SC to rapidly respond to change by adapting its initial stable configuration - Contingency Plan - Lead-time Reduction - Trained Personnel 17. BCP - ANSWER Business Continuity Plan (Documented collection of procedures and info incase of incident that allows and enables the organisation to continue to deliver its critical products and services) 18. Creeping Crises - ANSWER Systematic SC disruptions that arise from unexpected sources and with widespread consequences. (Knowable Unknowns) 19. Resilience - ANSWER The ability of a system to return to its original (or desired) state after being disturbed 20. Service Science - ANSWER Application of the resources of one or more systems for the benefit of another system in economic exchange 21. What is Value Stream Mapping (VSM)? - ANSWER Value stream mapping is a lean tool that employs a flow diagram documenting in high detail every step of a process. Many lean practitioners see value stream mapping as the fundamental tool to identify waste, reduce process cycle times, and implement process improvement. 22. What is the Square root law and what is the formula? - ANSWER The square root law is a simple rule of thumb, stating that safety stocks can be reduced by the square root of the number of distribution centers. Sc = Sd x √(nc / nd) 23. What are the assumptions behind the Square Root Law? - ANSWER - It is assumed that each individual distribution center serves an exclusive market area, demand varies randomly and safety stock levels are statistically determined. - All distribution centers maintain the same level of safety (buffer) stock protection. This assumption is consistent with the practice of many companies that seek to standardize product availability across the market. - Demands at each distribution center in the decentralized system are not correlated. This assumption is questionable when customers do not accept supplier-defined market territories, i.e., when they can get products more easily and cheaply from other distribution centers. 24. What is the definition of order picking? - ANSWER Order picking can be defined as the process in which goods are taken from the warehouse or buffer in response to customer orders. 25. What is crossdocking? - ANSWER Crossdocking is a specific way of transshipment. In contrast to order picking, the units that contain the goods are not changed. 26. Why hold inventory? (5) - ANSWER - *Economies of Scale:* Ordering large quantities allows to take advantage of price reductions; less transportation cost per unit. - *Balancing Supply and Demand:* Seasonal supply/demand, e.g. garden furniture should be produced in winter, as well. - *Specialization:* Cost savings in the operation of consolidation warehouses that allow to specialize manufacturing by location. - *Protection from Uncertainties:* Prevent a stock-out in the case of variability in demand or in the replenishment cycle. - *Buffer:* Channel participants are separated geographically, making inventory necessary to achieve time and place utility. 27. What is cycle stock? - ANSWER Inventory that results from replenishment of inventory sold or used in production. 28. ABC analysis - ANSWER An inventory management system that separates out the most important inventory items so that more attention can be focused on those items. 29. Activity-based costing - ANSWER Apportioning costs to a particular activity and calculating costs per unit, for example cost to pick an item from the warehouse 30. Agile - ANSWER Ability to cope with volatility in demand 31. Air trucking - ANSWER Moving freight, which will be carried by air at some stage on its journey, by road (often air freight rates will be applied for the full journey)

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WGU D471 Global Supply Chain Management
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WGU D471 Global Supply Chain Management

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WGU D471 Global Supply Chain
Management OBJECTIVE ASSESSMENT
ACTUAL EXAM 2025/2026 COMPLETE
QUESTIONS WITH VERIFIED CORRECT
ANSWERS || 100% GUARANTEED PASS
<NEWEST VERSION>


1. A successful global presence is dependent on having a physical supply
network capable of - ANSWER ✓ responding to customer demands

2. One of the biggest challenges for companies setting up global supply chains
are the - ANSWER ✓ significant differences in infrastructure in developing
countries

3. Companies often overlook the ______________ ____________ in
infrastructural resources when they begin doing business in developing
countries and often encounter significant challenges - ANSWER ✓
substantial deficiencies

4. What is a traditional definition of supply chain? - ANSWER ✓ A network of
connected and interdependent organisations mutually and co-operatively
working together to control, manage and improve the flow of materials and
information from suppliers to end users

5. What are the six foundational premises of a supply chain conceptualization?
- ANSWER ✓ 1. The supply chain is a network, consisting of nodes and
links.
2. The supply chain as a network operates as a complex adaptive system,
where every agent grapples with the tension between control and emergence.
3. The supply chain is relative to a particular product and agent.

, 4. The supply chain consists of both a physical supply chain and a support
supply chain
5. The supply chain is bounded by the visible horizon of the focal agent.
6. The visible horizon of the focal agent is subject to attenuation, where
distance is based on factors including physical distance, cultural distance,
and closeness centrality

6. What is a node? - ANSWER ✓ An establishment which is an agent that has
the ability to make decisions and maximize its own gain within the
parameters in which it operates

7. What is a link? - ANSWER ✓ The connection between two nodes. Links
represent transactions consisting of the flow of materials, information,
and/or finance between nodes.

8. What is a more recent definition of Supply Chain Management? - ANSWER
✓ The management of upstream and downstream relationships with
suppliers and customers in order to deliver superior customer value at less
cost to the supply chain as a whole

9. What is the bullwhip effect? - ANSWER ✓ Definition: Phenomenon where
orders to the supplier tend to have larger variance than sales to the buyer
(i.e., demand distortion), and the distortion propagates upstream in an
amplified form (i.e., variance amplification)

10.What is a Customer Order Decoupling Point? (Order Penetration Point) -
ANSWER ✓ The decoupling point separates the part of the supply chain
geared towards directly satisfying customer orders [= pull processes] from
the part of the supply chain based on planning [= push processes]

11.What is the definition of distribution? - ANSWER ✓ Distribution refers to
the steps taken to move and store a product from the supplier stage to a
customer stage in the supply chain. Distribution occurs between every pair
of stages in the supply chain.

12.What is the definition of Logistics Management? - ANSWER ✓ That part of
supply chain management that plans, implements, and controls the efficient,
effective forward and reverses flow and storage

, of goods, services and related information between the point of origin and
the point of consumption in order to meet customers'
requirements

13.Define and Compare two Risk Metrics - ANSWER ✓ TTR - Time to
Recovery
(Time to fuly restore after disruption)
TTS - Time to Survive
(Maximum duration that a SC can match supply with demand after a
disruption)

TTS < TTR: Disruption will expose firm to financial and operational
problems.

14.Define 4 different Strategies to Control RIsks - ANSWER ✓ Risk
Reduction: Reduce the probability/consequence

Risk Avoidance: eliminates types of events that could trigger risk

Risk Taking: Take potential risk impact (no strategy)

Risk Sharing: implement contractual mechanisms and purse collaboration

15.Define Robustness - ANSWER ✓ Ability of SC to resist change without
adapting its initial stable configuration
- Multiple sources of supply
- Inventory buffers
- Flexible transportation

16.Define Agility - ANSWER ✓ Ability of SC to rapidly respond to change by
adapting its initial stable configuration
- Contingency Plan
- Lead-time Reduction
- Trained Personnel

17.BCP - ANSWER ✓ Business Continuity Plan
(Documented collection of procedures and info incase of incident that allows
and enables the organisation to continue to deliver its critical products and
services)

, 18.Creeping Crises - ANSWER ✓ Systematic SC disruptions that arise from
unexpected sources and with widespread consequences.
(Knowable Unknowns)

19.Resilience - ANSWER ✓ The ability of a system to return to its original (or
desired) state after being disturbed

20.Service Science - ANSWER ✓ Application of the resources of one or more
systems for the benefit of another system in economic exchange

21.What is Value Stream Mapping (VSM)? - ANSWER ✓ Value stream
mapping is a lean tool that employs a flow diagram documenting in high
detail every step of a process. Many lean practitioners see value stream
mapping as the fundamental tool to identify waste, reduce process cycle
times, and implement process improvement.

22.What is the Square root law and what is the formula? - ANSWER ✓ The
square root law is a simple rule of thumb, stating that safety stocks can be
reduced by the square root of the number of distribution centers.

Sc = Sd x √(nc / nd)

23.What are the assumptions behind the Square Root Law? - ANSWER ✓ - It is
assumed that each individual distribution center serves an exclusive market
area, demand varies randomly and safety stock levels are statistically
determined.
- All distribution centers maintain the same level of safety (buffer)
stock protection. This assumption is consistent with the practice of
many companies that seek to standardize product availability across
the market.
- Demands at each distribution center in the decentralized system are
not correlated. This assumption is questionable when customers do
not accept supplier-defined market territories, i.e., when they can get
products more easily and cheaply from other distribution centers.

24.What is the definition of order picking? - ANSWER ✓ Order picking can be
defined as the process in which goods are taken from the warehouse or
buffer in response to customer orders.

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Course
WGU D471 Global Supply Chain Management

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