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SUPPLY CHAIN MANAGEMENT EXAM WITH ACTUAL QUESTIONS AND CORRECT VERIFIED ANSWERS 100% GUARANTEED TO PASS CONCEPTS|ALREADY GRADED A+

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SUPPLY CHAIN MANAGEMENT EXAM WITH ACTUAL QUESTIONS AND CORRECT VERIFIED ANSWERS 100% GUARANTEED TO PASS CONCEPTS|ALREADY GRADED A+ Each stage in a supply chain is connected through the flow of products, information, and funds. These flows often occur in both directions and are usually managed by Correct Answer: one of the stages. A supply chain features a constant flow of Correct Answer: information, product and funds. Which set of supply chain flows is correctly described? Correct Answer: Information and product both flow upstream and downstream in a supply chain. Which statement about supply chains is best? Correct Answer: Flows in a supply chain may be managed by an intermediary. Which sequence of stages is typical for product flow in a supply chain? Correct Answer: Supplier → Manufacturer → Distributor Supply chain surplus involves what two parts? Correct Answer: Customer value and supply chain cost For any supply chain, the source of revenue is generated by Correct Answer: the customer. SUPPLY CHAIN MANAGEMENT EXAM Customer value is Correct Answer: the sum of the supply chain surplus and supply chain cost. The objective of every supply chain is to Correct Answer: maximize the overall value generated. Retailing in the United States is largely Correct Answer: consolidated. For any supply chain, Correct Answer: there is only one source of revenue, the customer. Webvan designed a supply chain with large warehouses in several major cities in the United States, from which groceries were delivered to customer homes. They failed partly because of Correct Answer: higher labor costs for picking orders. distribution network. A key issue facing Toyota is Correct Answer: design of its global production and Walmart's supply chain features clusters of stores around distribution centers, which facilitates Correct Answer: frequent but inexpensive replenishment at the stores. Which of these statements about Dell's supply chain is best? Correct Answer: Dell's initial success was largely driven by their Assembly→Customer supply chain linkage. The decision phases in a supply chain include Correct Answer: supply chain operation. A company would decide whether to outsource or perform a supply chain function in house during the Correct Answer: design phase.

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SUPPLY CHAIN MANAGEMENT EXAM




SUPPLY CHAIN MANAGEMENT EXAM WITH
ACTUAL QUESTIONS AND CORRECT
VERIFIED ANSWERS 100% GUARANTEED TO
PASS CONCEPTS|ALREADY GRADED A+
Each stage in a supply chain is connected through the flow of products, information, and
funds. These flows often occur in both directions and are usually managed by Correct
Answer: one of the stages.


A supply chain features a constant flow of Correct Answer: information, product and
funds.


Which set of supply chain flows is correctly described? Correct Answer: Information and
product both flow upstream and downstream in a supply chain.


Which statement about supply chains is best? Correct Answer: Flows in a supply chain
may be managed by an intermediary.


Which sequence of stages is typical for product flow in a supply chain? Correct Answer:
Supplier → Manufacturer → Distributor


Supply chain surplus involves what two parts? Correct Answer: Customer value and
supply chain cost


For any supply chain, the source of revenue is generated by Correct Answer: the
customer.



1|Page

, SUPPLY CHAIN MANAGEMENT EXAM


Customer value is Correct Answer: the sum of the supply chain surplus and supply chain
cost.


The objective of every supply chain is to Correct Answer: maximize the overall value
generated.


Retailing in the United States is largely Correct Answer: consolidated.


For any supply chain, Correct Answer: there is only one source of revenue, the customer.


Webvan designed a supply chain with large warehouses in several major cities in the
United States, from which groceries were delivered to customer homes. They failed partly
because of Correct Answer: higher labor costs for picking orders.


A key issue facing Toyota is Correct Answer: design of its global production and
distribution network.


Walmart's supply chain features clusters of stores around distribution centers, which
facilitates Correct Answer: frequent but inexpensive replenishment at the stores.


Which of these statements about Dell's supply chain is best? Correct Answer: Dell's initial
success was largely driven by their Assembly→Customer supply chain linkage.


The decision phases in a supply chain include Correct Answer: supply chain operation.


A company would decide whether to outsource or perform a supply chain function in-
house during the Correct Answer: design phase.




2|Page

, SUPPLY CHAIN MANAGEMENT EXAM


The supply chain strategy category would include a decision about Correct Answer: how
large the warehouse in Kokomo should be.


The profitability of a supply chain is impacted primarily by the Correct Answer: design,
planning and operation categories of decisions.


The time horizon of the operation phase is typically Correct Answer: weekly or daily.


The cycle view of a supply chain holds that Correct Answer: the processes in a supply
chain are divided into a series of activities performed at the interface between successive
stages.


The push/pull view of a supply chain holds that Correct Answer: the processes in a
supply chain are divided into 2 categories depending on whether they are initiated in
response to or in anticipation of customer orders.


The customer order cycle occurs at the Correct Answer: customer/retailer interface.


Customer arrival refers to Correct Answer: the point in time when the customer has
access to choices and makes a decision regarding a purchase.


The objective of the customer arrival process is to Correct Answer: maximize the
conversion of customer arrivals to customer orders.


Customer order entry is Correct Answer: the customer informing the retailer of what they
want to purchase and the retailer allocating product to the customer.


The objective of customer order entry is to Correct Answer: ensure that orders are quickly
and accurately entered and communicated to other affected supply chain processes.

3|Page

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