SCM 545 Final Exam || Solved Correctly.
Which of the following technologies are seen as potentially revolutionary for manufacturing
operations? (Select all that apply.) correct answers additive manufacturing
advanced automation including co-bots (humans working alongside robots)
advanced material technologies
Supply chain management can best be described by correct answers the management of upstream
and downstream relationships with suppliers and customers to deliver superior customer value at
less cost to the supply chain as a whole.
Which of the following companies refers to itself as a "technology company merged with a
supply chain"? correct answers Amazon
How does supply chain management create value? correct answers form, time, place, exchange
The "Great Divide" in supply chain management occurs between _______ correct answers
demand-generating activities and demand-fulfilling activities.
What megatrend will greatly challenge supply chain managers? (Select all that apply.) correct
answers Disruptive technology
Increasing gaps in talents and skills
Geopolitical and social changes
What is the ideal situation for companies as they seek to create a competitive advantage through
SCM? correct answers productivity and value leader
Why has supply chain management recently received more recognition? correct answers Better
recognition of how supply chain creates value for a company
Evolution of the concept of integrated supply chain management
,Increasing name recognition by the media and the general public
Supply chains are primarily about cost reduction activities. correct answers False
It is natural within organizations for functions to cooperate for the good of the overall
organization. correct answers False
What part of the Supply Chain Operations Reference (SCOR) model involves purchasing
materials or services? correct answers Source
What can arise from supply chains that produce large batch sizes with weeks or months before
the customer wants the products? correct answers Customers don't want the items.
The items are in places and at times customers don't want them.
Unsold products are sold at reduced prices or scrapped altogether.
The concept of bending the chain refers to _____ correct answers collaborating across sourcing,
manufacturing, and delivery to achieve overall goals.
Which of the following would be an appropriate metric for a senior-level supply chain executive
who is managing an integrated supply chain? correct answers cash-to-cash cycle
Which functional organization would typically adopt the key metric of the lowest unit cost of
production? correct answers manufacturing
Should all customers receive the same level of customer service? correct answers no
Which of the choices below is not one of the three broad types of customer classifications that
can be used to help a company properly segment its supply chain? correct answers value
, Which of the choices below is not one of the ways that companies can use to foster an integrated
approach to supply chain management? correct answers finance-driven organization
Issues of dis-integration happen both within the supply chain and in its relationship with other
business functions. correct answers True
The supply chain value proposition framework represents the interactions among which of the
following? correct answers revenues, costs, and assets
What has been the traditional top priority of supply chain organizations in most companies?
correct answers cutting costs
Which of these is an example of a "tax haven"? correct answers a country or jurisdiction with
very low corporate taxes
Which of these actions will most directly lead to more cash on hand for an organization? correct
answers Reduce time for collection of accounts receivable
How can a supply chain positively affect the finances of a business? correct answers Increase
revenue by providing better service
Redesign the network to better utilize company assets
Lower operational costs
Which measurement would likely rise if the supply chain team secured a supplier that provided a
new, popular technology to include in the company's product? correct answers revenue
Which measurement would likely rise if the supply chain team was able to partner with a
logistics provider to use the company-owned trucks and distribution center for more hours per
week? correct answers asset utilization
Which of the following technologies are seen as potentially revolutionary for manufacturing
operations? (Select all that apply.) correct answers additive manufacturing
advanced automation including co-bots (humans working alongside robots)
advanced material technologies
Supply chain management can best be described by correct answers the management of upstream
and downstream relationships with suppliers and customers to deliver superior customer value at
less cost to the supply chain as a whole.
Which of the following companies refers to itself as a "technology company merged with a
supply chain"? correct answers Amazon
How does supply chain management create value? correct answers form, time, place, exchange
The "Great Divide" in supply chain management occurs between _______ correct answers
demand-generating activities and demand-fulfilling activities.
What megatrend will greatly challenge supply chain managers? (Select all that apply.) correct
answers Disruptive technology
Increasing gaps in talents and skills
Geopolitical and social changes
What is the ideal situation for companies as they seek to create a competitive advantage through
SCM? correct answers productivity and value leader
Why has supply chain management recently received more recognition? correct answers Better
recognition of how supply chain creates value for a company
Evolution of the concept of integrated supply chain management
,Increasing name recognition by the media and the general public
Supply chains are primarily about cost reduction activities. correct answers False
It is natural within organizations for functions to cooperate for the good of the overall
organization. correct answers False
What part of the Supply Chain Operations Reference (SCOR) model involves purchasing
materials or services? correct answers Source
What can arise from supply chains that produce large batch sizes with weeks or months before
the customer wants the products? correct answers Customers don't want the items.
The items are in places and at times customers don't want them.
Unsold products are sold at reduced prices or scrapped altogether.
The concept of bending the chain refers to _____ correct answers collaborating across sourcing,
manufacturing, and delivery to achieve overall goals.
Which of the following would be an appropriate metric for a senior-level supply chain executive
who is managing an integrated supply chain? correct answers cash-to-cash cycle
Which functional organization would typically adopt the key metric of the lowest unit cost of
production? correct answers manufacturing
Should all customers receive the same level of customer service? correct answers no
Which of the choices below is not one of the three broad types of customer classifications that
can be used to help a company properly segment its supply chain? correct answers value
, Which of the choices below is not one of the ways that companies can use to foster an integrated
approach to supply chain management? correct answers finance-driven organization
Issues of dis-integration happen both within the supply chain and in its relationship with other
business functions. correct answers True
The supply chain value proposition framework represents the interactions among which of the
following? correct answers revenues, costs, and assets
What has been the traditional top priority of supply chain organizations in most companies?
correct answers cutting costs
Which of these is an example of a "tax haven"? correct answers a country or jurisdiction with
very low corporate taxes
Which of these actions will most directly lead to more cash on hand for an organization? correct
answers Reduce time for collection of accounts receivable
How can a supply chain positively affect the finances of a business? correct answers Increase
revenue by providing better service
Redesign the network to better utilize company assets
Lower operational costs
Which measurement would likely rise if the supply chain team secured a supplier that provided a
new, popular technology to include in the company's product? correct answers revenue
Which measurement would likely rise if the supply chain team was able to partner with a
logistics provider to use the company-owned trucks and distribution center for more hours per
week? correct answers asset utilization
