IS 3003 Chapter 9 questions with complete solutions

IS 3003 Chapter 9 questions with
complete solutions

Supply Chain - correct answer ✔✔An integrated network consisting of an organization, its
suppliers, transportation companies and brokers used to deliver goods and services to
customers



Upstream - correct answer ✔✔A firm's supplier's, supplier's suppliers, processes for managing
relationships with them

Materials flow from suppliers and their "upstream" suppliers at all levels to your firm



Transformation - correct answer ✔✔Processing of materials into semi finished and finished
products thru your organization's own production processes



Downstream - correct answer ✔✔Organizations and processes responsible for delivering
products to customers

Products flow "downstream" to customers



Can a company have more than one supply chain? - correct answer ✔✔YES



Supply Chain Visibility - correct answer ✔✔The ability to view all areas up and down the supply
chain



Bullwhip Effect - correct answer ✔✔Occurs when distorted product demand information passes
from one entity to the next throughout the supply chain