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.
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, 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.
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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.
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