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Test Bank Managing Supply Chains: A InternationalLogistics Approach (Edition, 9th Edition) – 2025/2026

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Test Bank Managing Supply Chains: A InternationalLogistics Approach (Edition, 9th Edition) – 2025/2026

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Test Bank Managing Supply Chains: A
InternationalLogistics Approach (Edition,
9th Edition) – 2025/2026
1. ________ identifies the difference between the
planned production/inventories and the actual
values.ANSWERVariance from plan

2. ________ measures the average time between when
an order is placed and the product
arrives.ANSWERSupply lead time

3. ________ measures the incremental costs that are
independent of the size of the
order.ANSWERIncremental fixed cost per order

4. ________ typically measures the cost of bringing
product into a facility as a percentage of sales or cost
of goods sold (COGS).ANSWERAverage inbound
transportation cost
5. "Classic" Supply ChainANSWERSuppliers =>
Manufacturer => Wholesalers/Distributors =>
Retailers => Customers

6. back orderANSWERunfulfilled customer order

7. bullwhip effectANSWERoccurs when distorted
product demand information passes from one entity to
the next throughout the supply chain

,Test Bank Managing Supply Chains: A
InternationalLogistics Approach (Edition,
9th Edition) – 2025/2026
8. customer order actual cycle timeANSWERaverage
time it takes to actually fill customer's order

9. customer order promise cycle timeANSWERagreed
upon cycle time of a purchase order

10. Cycle inventoryANSWERaverage amount of
inventory held to satisfy customer demands between
inventory deliveries

11. Deliver (Logistics)ANSWERset of proceses that
plans for and controls the efficient and effective
transportation and storage of suppliers to customers

12. demand planning softwareANSWERgenerates
demand forecasts using statistical tools and
forecasting techniques

13. Dis-intermediationANSWEREliminate the middle
man

14. Factors that add Value by OM
decisionsANSWERCost, Quality, Delivery, Flexiility,
and Service

, Test Bank Managing Supply Chains: A
InternationalLogistics Approach (Edition,
9th Edition) – 2025/2026
15. Five Basic Supply Chain Management
ComponentsANSWER1. Plan 2. Source 3. Make 4.
Deliver 5. Return

16. Inventory management and control
softwareANSWERprovides control and visisbility to
the status of individual items maintained in inventory

17. inventory replenishment cycle
timeANSWERmeasure of the manufacturing cycle
time plus time included to deploy the product to the
appropriate distribution center

18. inventory turnoverANSWERnumber of times a
company's inventory cycles

19. MakeANSWERstep where companies
manufacture their products

20. Operations ManagementANSWERForecasting,
Capacity Planning, Scheduling, Maintaining inventory,
assuring quality, and motivating and training

21. PlanANSWERstrategic portion of supply chain
management

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