MQM 227 Actual Questions and Correct Answers
Q1
In Hau Lee's uncertainty framework to classify supply chains, a supply chain for functional
products with a stable supply process is called which of the following? Efficient Forward looking
Agile Risk hedging Responsive
Answer: Efficient
Q2
In Hau Lee's uncertainty framework to classify supply chains, a supply chain for innovative
products with an evolving supply process is called which of the following? Efficient Forward
looking Agile Risk hedging Responsive
Answer: Agile
Q3
In Hau Lee's uncertainty framework to classify supply chains, a supply chain for innovative
products with a stable supply process is called which of the following? Efficient Forward looking
Agile Risk hedging Responsive
Answer: Responsive
Q4
The effect of the lack of synchronization among supply chain members is referred to as which of
the following? Forward buying Continuous replenishment Bullwhip effect Metcalf's law Being out
of step
Answer: Bullwhip effect
Q5
Which of the following is an organizationally driven reason for outsourcing? Improve
effectiveness by focusing on what the firm does best. Turn fixed costs into variable costs.
Reduce costs through lowered cost structure and increased flexibility. Improve risk
management. Improve credibility and image by associating with superior providers.
Answer: Improve effectiveness by focusing on what the firm does best.
Q1
In Hau Lee's uncertainty framework to classify supply chains, a supply chain for functional
products with a stable supply process is called which of the following? Efficient Forward looking
Agile Risk hedging Responsive
Answer: Efficient
Q2
In Hau Lee's uncertainty framework to classify supply chains, a supply chain for innovative
products with an evolving supply process is called which of the following? Efficient Forward
looking Agile Risk hedging Responsive
Answer: Agile
Q3
In Hau Lee's uncertainty framework to classify supply chains, a supply chain for innovative
products with a stable supply process is called which of the following? Efficient Forward looking
Agile Risk hedging Responsive
Answer: Responsive
Q4
The effect of the lack of synchronization among supply chain members is referred to as which of
the following? Forward buying Continuous replenishment Bullwhip effect Metcalf's law Being out
of step
Answer: Bullwhip effect
Q5
Which of the following is an organizationally driven reason for outsourcing? Improve
effectiveness by focusing on what the firm does best. Turn fixed costs into variable costs.
Reduce costs through lowered cost structure and increased flexibility. Improve risk
management. Improve credibility and image by associating with superior providers.
Answer: Improve effectiveness by focusing on what the firm does best.
