MGT 8803 Exam 4 | Questions and Answers |
2025/2026 Update | 100% Correct | A+ Graded –
Georgia Tech
Section 1: Introduction
This document includes the verified and complete Exam 4 content for MGT 8803 – Business
Fundamentals for Analytics at Georgia Tech, fully updated for the 2025/2026 academic
cycle. It covers critical topics such as supply chain management, operational efficiency, and
logistics optimization. Each question is accompanied by a 100% correct and professor-
reviewed answer, offering students an A+ graded reference for optimal performance on this
mid-program exam.
Section 2: Exam Questions and Answers
Format: Case-based and conceptual multiple-choice questions
Four answer choices per question (A–D)
Correct answer highlighted in lime green (#32CD32)
Where needed, rationale is included to explain the selection
1. Question 1: Which supply chain principle minimizes inventory costs?
(a) Bulk Purchasing
(b) Just-In-Time (JIT)
(c) Safety Stock Maximization
(d) Centralized Warehousing
Rationale: JIT delivers goods as needed, reducing inventory.
2. Question 2: What is a key element of an effective supply chain?
(a) Minimal communication
(b) Coordination among stakeholders
(c) High inventory buffers
(d) Centralized decision-making
Rationale: Coordination ensures smooth flow of goods.
3. Question 3: Which strategy improves supply chain responsiveness?
(a) Long lead times
(b) Agile supply chain
(c) Large batch production
(d) Centralized distribution
Rationale: Agile adapts quickly to demand changes.
4. Question 4: What reduces supply chain lead times?
(a) Extended supplier contracts
(b) Vendor-managed inventory
(c) Large safety stock
(d) Centralized logistics
Rationale: Vendor management streamlines inventory flow.
5. Question 5: Which practice enhances supply chain resilience?
(a) Single supplier reliance
(b) Diversified supplier network
(c) Long production cycles
, (d) Centralized inventory
Rationale: Diversification reduces supply chain risks.
6. Question 6: What is a benefit of decentralized supply chain management?
(a) Reduced flexibility
(b) Improved local responsiveness
(c) Higher transportation costs
(d) Centralized control
Rationale: Decentralization adapts to regional needs.
7. Question 7: Which approach optimizes operational efficiency?
(a) Excessive inventory
(b) Lean process design
(c) Overstaffing
(d) Unplanned production
Rationale: Lean reduces waste and improves efficiency.
8. Question 8: What does effective logistics optimization achieve?
(a) Increased delivery delays
(b) Reduced transportation costs
(c) Higher inventory levels
(d) Centralized warehousing
Rationale: Optimization lowers logistics expenses.
9. Question 9: Which metric measures supply chain performance?
(a) Customer satisfaction score
(b) Order fulfillment cycle time
(c) Employee turnover rate
(d) Marketing ROI
Rationale: Cycle time tracks delivery efficiency.
10. Question 10: What enhances supply chain sustainability?
(a) Excessive packaging
(b) Green logistics
(c) Single-use materials
(d) High energy consumption
Rationale: Green logistics reduces environmental impact.
11. Question 11: Which factor improves supply chain visibility?
(a) Limited data sharing
(b) Real-time tracking systems
(c) Manual reporting
(d) Centralized control
Rationale: Real-time tracking enhances transparency.
12. Question 12: What is a key challenge in global supply chains?
(a) Local market focus
(b) Currency fluctuations
(c) Simplified logistics
(d) Reduced tariffs
Rationale: Currency changes affect costs.
13. Question 13: Which strategy reduces supply chain risks?
(a) Single sourcing
(b) Multi-sourcing
(c) Long lead times
(d) Centralized production
Rationale: Multi-sourcing diversifies risk.
2025/2026 Update | 100% Correct | A+ Graded –
Georgia Tech
Section 1: Introduction
This document includes the verified and complete Exam 4 content for MGT 8803 – Business
Fundamentals for Analytics at Georgia Tech, fully updated for the 2025/2026 academic
cycle. It covers critical topics such as supply chain management, operational efficiency, and
logistics optimization. Each question is accompanied by a 100% correct and professor-
reviewed answer, offering students an A+ graded reference for optimal performance on this
mid-program exam.
Section 2: Exam Questions and Answers
Format: Case-based and conceptual multiple-choice questions
Four answer choices per question (A–D)
Correct answer highlighted in lime green (#32CD32)
Where needed, rationale is included to explain the selection
1. Question 1: Which supply chain principle minimizes inventory costs?
(a) Bulk Purchasing
(b) Just-In-Time (JIT)
(c) Safety Stock Maximization
(d) Centralized Warehousing
Rationale: JIT delivers goods as needed, reducing inventory.
2. Question 2: What is a key element of an effective supply chain?
(a) Minimal communication
(b) Coordination among stakeholders
(c) High inventory buffers
(d) Centralized decision-making
Rationale: Coordination ensures smooth flow of goods.
3. Question 3: Which strategy improves supply chain responsiveness?
(a) Long lead times
(b) Agile supply chain
(c) Large batch production
(d) Centralized distribution
Rationale: Agile adapts quickly to demand changes.
4. Question 4: What reduces supply chain lead times?
(a) Extended supplier contracts
(b) Vendor-managed inventory
(c) Large safety stock
(d) Centralized logistics
Rationale: Vendor management streamlines inventory flow.
5. Question 5: Which practice enhances supply chain resilience?
(a) Single supplier reliance
(b) Diversified supplier network
(c) Long production cycles
, (d) Centralized inventory
Rationale: Diversification reduces supply chain risks.
6. Question 6: What is a benefit of decentralized supply chain management?
(a) Reduced flexibility
(b) Improved local responsiveness
(c) Higher transportation costs
(d) Centralized control
Rationale: Decentralization adapts to regional needs.
7. Question 7: Which approach optimizes operational efficiency?
(a) Excessive inventory
(b) Lean process design
(c) Overstaffing
(d) Unplanned production
Rationale: Lean reduces waste and improves efficiency.
8. Question 8: What does effective logistics optimization achieve?
(a) Increased delivery delays
(b) Reduced transportation costs
(c) Higher inventory levels
(d) Centralized warehousing
Rationale: Optimization lowers logistics expenses.
9. Question 9: Which metric measures supply chain performance?
(a) Customer satisfaction score
(b) Order fulfillment cycle time
(c) Employee turnover rate
(d) Marketing ROI
Rationale: Cycle time tracks delivery efficiency.
10. Question 10: What enhances supply chain sustainability?
(a) Excessive packaging
(b) Green logistics
(c) Single-use materials
(d) High energy consumption
Rationale: Green logistics reduces environmental impact.
11. Question 11: Which factor improves supply chain visibility?
(a) Limited data sharing
(b) Real-time tracking systems
(c) Manual reporting
(d) Centralized control
Rationale: Real-time tracking enhances transparency.
12. Question 12: What is a key challenge in global supply chains?
(a) Local market focus
(b) Currency fluctuations
(c) Simplified logistics
(d) Reduced tariffs
Rationale: Currency changes affect costs.
13. Question 13: Which strategy reduces supply chain risks?
(a) Single sourcing
(b) Multi-sourcing
(c) Long lead times
(d) Centralized production
Rationale: Multi-sourcing diversifies risk.
