UTK BUAD 331 Exam 1 Test Questions with Answers
Graded A+
Supply chain management refers to: - ANSWER -Cash-to-cash cycle
ANSWER -the management of up and
downstream relationships with suppliers and
customers to deliver superior customer value at What is a company's optimal service level? -
less cost to the supply chain as a whole. ANSWER -The point where the cost and
revenue curves are farthest apart
Which of the following companies refers to itself
as a "technology company merged with a supply Should all customers receive the same level of
chain"? - ANSWER -Amazon customer service? - ANSWER -No
How does supply chain management create Which one of the types of planning was not
value? - ANSWER -Form, time, place, introduced in this module? - ANSWER -
exchange Date Planning
The "Great Divide" in supply chain management Planning processes heavily utilized IT systems,
occurs between: - ANSWER -demand- but a planner is still vital to ensure a high quality
generating activities and demand-fulfilling plan. - ANSWER -True
activities
Which planning approach was discussed in this
What megatrend will greatly challenge supply module? - ANSWER -Exception based
chain managers? - ANSWER --Disruptive
technology
-Talent/skills requirements Supply chain measurements are often called all
-Social changes of the below except: - ANSWER -Critical
points
____________ the chain facilitates better
strategic alignment between supply chain Supply chain measurement is important for all the
operations. - ANSWER -Bending reasons below except: - ANSWER -To build
the income statement
What did Caterpillar do in 2013 that led to a
better integration of its supply chain functions? - End-to-end supply chain measures are the most
ANSWER -Formed an integrated supply important type of supply chain metric. T/F -
chain group to manage it's supply chain ANSWER -True
Which of the following would be a metric for a A scorecard that is balanced typically includes
senior level supply chain manager? -
which type of measure. - ANSWER --
1/2
Graded A+
Supply chain management refers to: - ANSWER -Cash-to-cash cycle
ANSWER -the management of up and
downstream relationships with suppliers and
customers to deliver superior customer value at What is a company's optimal service level? -
less cost to the supply chain as a whole. ANSWER -The point where the cost and
revenue curves are farthest apart
Which of the following companies refers to itself
as a "technology company merged with a supply Should all customers receive the same level of
chain"? - ANSWER -Amazon customer service? - ANSWER -No
How does supply chain management create Which one of the types of planning was not
value? - ANSWER -Form, time, place, introduced in this module? - ANSWER -
exchange Date Planning
The "Great Divide" in supply chain management Planning processes heavily utilized IT systems,
occurs between: - ANSWER -demand- but a planner is still vital to ensure a high quality
generating activities and demand-fulfilling plan. - ANSWER -True
activities
Which planning approach was discussed in this
What megatrend will greatly challenge supply module? - ANSWER -Exception based
chain managers? - ANSWER --Disruptive
technology
-Talent/skills requirements Supply chain measurements are often called all
-Social changes of the below except: - ANSWER -Critical
points
____________ the chain facilitates better
strategic alignment between supply chain Supply chain measurement is important for all the
operations. - ANSWER -Bending reasons below except: - ANSWER -To build
the income statement
What did Caterpillar do in 2013 that led to a
better integration of its supply chain functions? - End-to-end supply chain measures are the most
ANSWER -Formed an integrated supply important type of supply chain metric. T/F -
chain group to manage it's supply chain ANSWER -True
Which of the following would be a metric for a A scorecard that is balanced typically includes
senior level supply chain manager? -
which type of measure. - ANSWER --
1/2
