SCMN 3710 Week 4 Exam Questions With 100%
Verified Answers!!
The fundamental role of a manager is the finite assignment of ___ to ___.
Resources, tasks
Two primary economic elements driving the rapid increase in global trade over the last 50
years are
Increased availability of info and reduced transportation costs
The desired outcome (focus) of decisions made about supply chain trade offs is to
Drive the CSL/TC ratio higher
An overall measure of logistics system performance that allows for better global decision
making among various trade offs is the "bang/buck" ratio or the
Customer service level per total logistics cost
Most retailers are essentially supply chain companies since
They buy products produced by others
The challenge to develop and sustain efficient and effective supply chains requires
organizations to address a number of issues. Which is not included?
Inventory carrying costs
Complexity in the supply chain is caused by
All of these answers (locations of customers and suppliers, transportation requirements, the
number or SKUs)
One of the major challenges of supply chain MNGT is
Maintaining the visibility of inventory
Logistics creates which utility through production forecasting, production scheduling, and
inventory control?
, Quantity utility
What technology has helped make the physical inventory-taking process more efficient and
effective?
scanning of bar-coded RFID tags
Ensuring the availability of the right product, in the right quantity, and the right condition,
at the right place, at the right time, for the right consumer at the right cost, is which
definition of logistics?
Seven Rs
Which of the answers below is an example of the creation of form utility by a logistics
activity?
The breaking bulk and repackaging at a distribution center
The value that is added to foods through a manufacturing or assembly process is:
Form utility
Goods can be stored in a bonded warehouse
For up to 3 years
Focused production is
A strategy in which a given plant produces one or two items of the company's total product line
Globalization was initially driven by countries
Seeking materials and goods not available in their own land
Which condition must be present before motor carriers and rail carriers can be used for
international shipments?
The shipment must be between adjacent countries
Which of these is not one of the top three departure ports for the cruise industry?
Cape Liberty, New Jersey
Verified Answers!!
The fundamental role of a manager is the finite assignment of ___ to ___.
Resources, tasks
Two primary economic elements driving the rapid increase in global trade over the last 50
years are
Increased availability of info and reduced transportation costs
The desired outcome (focus) of decisions made about supply chain trade offs is to
Drive the CSL/TC ratio higher
An overall measure of logistics system performance that allows for better global decision
making among various trade offs is the "bang/buck" ratio or the
Customer service level per total logistics cost
Most retailers are essentially supply chain companies since
They buy products produced by others
The challenge to develop and sustain efficient and effective supply chains requires
organizations to address a number of issues. Which is not included?
Inventory carrying costs
Complexity in the supply chain is caused by
All of these answers (locations of customers and suppliers, transportation requirements, the
number or SKUs)
One of the major challenges of supply chain MNGT is
Maintaining the visibility of inventory
Logistics creates which utility through production forecasting, production scheduling, and
inventory control?
, Quantity utility
What technology has helped make the physical inventory-taking process more efficient and
effective?
scanning of bar-coded RFID tags
Ensuring the availability of the right product, in the right quantity, and the right condition,
at the right place, at the right time, for the right consumer at the right cost, is which
definition of logistics?
Seven Rs
Which of the answers below is an example of the creation of form utility by a logistics
activity?
The breaking bulk and repackaging at a distribution center
The value that is added to foods through a manufacturing or assembly process is:
Form utility
Goods can be stored in a bonded warehouse
For up to 3 years
Focused production is
A strategy in which a given plant produces one or two items of the company's total product line
Globalization was initially driven by countries
Seeking materials and goods not available in their own land
Which condition must be present before motor carriers and rail carriers can be used for
international shipments?
The shipment must be between adjacent countries
Which of these is not one of the top three departure ports for the cruise industry?
Cape Liberty, New Jersey
