SCMN 2150 - AUBURN EXAM WITH COMPLETE
SOLUTIONS 100% VERIFIED
What is Supply Chain? - ANSWER the art of maintaining the flow of materials and
products, information, and financial resources from source to user
Why is supply chain important? - ANSWER it provides valuable opportunities to
create competitive advantage, develop collaborative, trusting relationships, improve
customer satisfaction, rationalize product touch points, and drive out cost and achieve
efficiencies. (help us be better, faster, and cheaper)
What do the five primary groups comprise of? - ANSWER suppliers, manufacturers,
distributors, retailers and consumers
Who is the most important primary participant and why? - ANSWER consumers,
because their demand drives everything we do
What are nodes? - ANSWER nodes represent a fixed point in supply chain, where
value added processes take place, where goods are transformed, mixed, held or sold at
nodes
What are links? - ANSWER the transportation method used to connect the nodes
(plants, warehouses, stores) in supply chain
centralized or decentralized: which has a lower inventory investment? - ANSWER
centralized
centralized or decentralized: which has national distribution? - ANSWER centralized
centralized or decentralized: which has a higher inbound transportation cost? -
ANSWER decentralized
centralized or decentralized: which has a lesser amount of safety stock? - ANSWER
, centralized
centralized or decentralized: which has more inventory investment? - ANSWER
decentralized
centralized or decentralized: which has lower outbound transportation cost? -
ANSWER decentralized
centralized or decentralized: which has a regional distribution? - ANSWER
decentralized
centralized or decentralized: which has higher outbound transportation cost? -
ANSWER centralized
Centralized or decentralized: Which has higher safety stock? - ANSWER
decentralized
Centralized or decentralized: Which has the best service level? - ANSWER
decentralized
What is direct delivery? - ANSWER point to point service (a company gets its product
straight to the consumer without using any intermediaries)
What is cross dock? - ANSWER product mixing service, the process of unloading
materials from an incoming semi-trailer truck or railroad car and loading these
materials directly into outbound trucks, trailers, or rail cars, with generally little or no
storage in between
What are distribution centers? - ANSWER storage fulfillment center used to receive
and temporarily store goods that will be shipped to various destination points after
orders are placed for these goods
SOLUTIONS 100% VERIFIED
What is Supply Chain? - ANSWER the art of maintaining the flow of materials and
products, information, and financial resources from source to user
Why is supply chain important? - ANSWER it provides valuable opportunities to
create competitive advantage, develop collaborative, trusting relationships, improve
customer satisfaction, rationalize product touch points, and drive out cost and achieve
efficiencies. (help us be better, faster, and cheaper)
What do the five primary groups comprise of? - ANSWER suppliers, manufacturers,
distributors, retailers and consumers
Who is the most important primary participant and why? - ANSWER consumers,
because their demand drives everything we do
What are nodes? - ANSWER nodes represent a fixed point in supply chain, where
value added processes take place, where goods are transformed, mixed, held or sold at
nodes
What are links? - ANSWER the transportation method used to connect the nodes
(plants, warehouses, stores) in supply chain
centralized or decentralized: which has a lower inventory investment? - ANSWER
centralized
centralized or decentralized: which has national distribution? - ANSWER centralized
centralized or decentralized: which has a higher inbound transportation cost? -
ANSWER decentralized
centralized or decentralized: which has a lesser amount of safety stock? - ANSWER
, centralized
centralized or decentralized: which has more inventory investment? - ANSWER
decentralized
centralized or decentralized: which has lower outbound transportation cost? -
ANSWER decentralized
centralized or decentralized: which has a regional distribution? - ANSWER
decentralized
centralized or decentralized: which has higher outbound transportation cost? -
ANSWER centralized
Centralized or decentralized: Which has higher safety stock? - ANSWER
decentralized
Centralized or decentralized: Which has the best service level? - ANSWER
decentralized
What is direct delivery? - ANSWER point to point service (a company gets its product
straight to the consumer without using any intermediaries)
What is cross dock? - ANSWER product mixing service, the process of unloading
materials from an incoming semi-trailer truck or railroad car and loading these
materials directly into outbound trucks, trailers, or rail cars, with generally little or no
storage in between
What are distribution centers? - ANSWER storage fulfillment center used to receive
and temporarily store goods that will be shipped to various destination points after
orders are placed for these goods
