- Study guides, Class notes & Summaries

LSCM 3960 Exam 1 Study Guide with 100% CORRECT Answers 2023/2024 Exponential smoothing can use constants higher than 1, but not more than 5, and is one of the most commonly used techniques. - ANSWER-True Customer service is of equal importance to both logistics and marketing. - ANSWER-True Supply and demand has become less volatile as managers become more adept at controlling the elements. - ANSWER-FALSE Successful supply chain management is based upon the integration and management ...

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5 pages

Written in 2022/2023

Grade A+

Bensuda

Lscm 3960 Final Ferris Questions & Answers

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5 pages

Written in 2025/2026

Grade A+

GEEKA

LSCM 3960 EXAM 1 REVIEW QUESTIONS AND ANSWERS Latest update 2026| Instant Download PDF

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9 pages

Written in 2025/2026

Grade A+

TutorCollins21

LSCM 3960 EXAM 2 Graded A+ (Verified) Brand New!! What is offshoring? - Answer- Relocating an activity to a contract manufacturer in another country. What utility do manufacturing and production operations create? - Answer- Form utility. What is the mistake when a manager raises production volume even though current levels already meet orders? - Answer- Overemphasizing capacity; increasing output when it is not needed. What metric is a manager focused on when weekly capacity is 83% a...

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4 pages

Written in 2025/2026

Grade A+

ScholarExams

LSCM 3960 Exam 2 Latest Updated Graded A+ All of the following are reasons for holding inventory EXCEPT: - Answer- Inventories eliminate the variation in supply and demand If demand and lead time are constant, only _____________ is necessary. - Answer- Cycle stock Pareto Analysis may be used to classify parts, customers, or activities. When determining the pareto segments to classify oarts, you should: - Answer- There will rarely be a clean break at the 80% (or 20%) point so your cut-of...

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5 pages

Written in 2025/2026

Grade A+

ScholarExams

LSCM 3960 Exam Quiz 8, 9, & 10 Rated A+ New Update The SCOR model provides suggested metrics: - Answer- across multiple dimensions for each of the five Level One processes The time that elapses from when a company receives an order until it gets paid for delivering the order is called the: - Answer- order to cash cycle Those customers who are in the "Danger Zone" segment are: - Answer- the least profitable The traditional role of customer service at the interface between mark...

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1 pages

Written in 2025/2026

Grade A+

ScholarExams

LSCM 3960 Exam 1 Review Latest Updated Graded A+ Where is a megacity most likely to develop? -Asia -Canada -France -England - Answer- Asia (T/F) The first decade of the 21st century was a period of rapid change for organizations, especially businesses. - Answer- True (T/F) A key element in Wal-Mart's ability to discount brand name products was an understanding of the criticality of efficiency in its logistics and supply chain system. - Answer- True (T/F) Globalization has ha...

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2 pages

Written in 2025/2026

Grade A+

ScholarExams

LSCM 3960 Exam 1 Question and Answers Review 100% Solved The demographics of our society has changed because: birth rates have changed. of immigration. the "Baby Boom" generation is now turning 60. of the increase in two-career families and single-parent households. - Answer- The Increase in two-career families and single-parent households Globalization has had little effect on consumers. T or F - Answer- False Which of the following is not one of the external forces drivi...

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5 pages

Written in 2025/2026

Grade A+

ScholarExams

LSCM 3960 UNT EXAM RATED A+ Total annual ORDER COST in the simple EOQ model is a function of the cost of placing an order and: - Answer- the number of orders per year Time utility depends on - Answer- Transportation companies delivering on time to customers. If there is demand variability and you place an order (re-order point) when the units at hand equal average demand during lead time, you will - Answer- Which of the following statements is incorrect? - Answer- If an item is ...

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5 pages

Written in 2025/2026

Grade A+

ScholarExams

LSCM 3960 Supply Chain Management Role of Logistics: Ch. 1 Ch. 3Exam Latest Updated Graded A+ Which of the below is not one of the external forces driving the rate of change and shaping our economic and political landscape? government policy technology environmental concerns globalization - Answer- environmental concerns Some individuals describe the current consumer as the "click here" generation because we all have internet access we no longer wait for information to be ...

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5 pages

Written in 2025/2026

Grade A+

ScholarExams

LSCM 3960 Exam 2 Rated A+ (Verified) The _________ of demand, customer orders, delivery status, inventory stock levels, and production schedules provides managers with the knowledge needed to make effective situational assessments and develop appropriate responses. a. visibility b. availability c. accuracy d. accountability - Answer- Visibility Which of the below is not part of the seven Rs of logistics? a. information b. cost c. quality d. place - Answer- Quality Which of th...

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10 pages

Written in 2025/2026

Grade A+

ScholarExams

LSCM 3960 EXAM Q&A 100% Solved 1. The mathematical calculation of the point of equality between systems under analysis is used for short-run/static analysis. (T/F) - Answer- False 2. Landed costs are independent of sales/FOB terms. T/F - Answer- False 3. An advantage of e-sourcing and e-procurement is that there is little risk involved. T/F - Answer- False 4. e-Sourcing and e-procurement are the same. (T/F) - Answer- True 5. It is predicted that social networks such as Facebook an...

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5 pages

Written in 2025/2026

Grade A+

ScholarExams

LSCM 3960 EXAM 2 A+ PASS An automated identification method that consists of a microchip and a printed antenna that can be packaged into many forms and serves as a means to identify a unique product is: - Answer- Radio Frequency Identification Technology Which of the following is INCORRECT regarding cost and rates of transportation services? - Answer- generally, lower-valued goods can more easily absorb higher transportation rates - should be higher value good with higher transportation ...

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4 pages

Written in 2025/2026

Grade A+

ScholarExams

LSCM 3960 Exam 2 Answered In the Evaluate Supply Source step of the Strategic Sourcing Process, the firm - Answer- identifies all possible suppliers that might be able to satisfy the user's needs. Procurement and materials management are related activities in supply chain management. - Answer- True In the Implement Sourcing Strategy step, the most important thing is to - Answer- choose a supplier or suppliers, depending on the objectives of the sourcing decision. Strategic sourcin...

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7 pages

Written in 2025/2026

Grade A+

ScholarExams

LSCM 3960 Ch 12 Exam Quiz and Answers 100% Solved 2025 The first stage in the process model for forming and sustaining supply chain relationships involves the process by which a manufacturer becomes fully aware of its logistics and supply chain needs. T/F - Answer- T Drivers and facilitators are internal issues that an organization must address before seeking a 3PL. T/F - Answer- F Once a 3PL provider is chosen, it is not necessary for an organization to seek continuous improvements as...

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3 pages

Written in 2025/2026

Grade A+

ScholarExams

lscm 3960 Exam 2 Newest 2025/2026 Actual Exam Complete Questions And Correct Detailed Answers (Verified Answers) |Already Graded A+||Brand New Version!! Full collaboration is the dynamic combination of a. both vertical and horizontal collaboration. b. buyers, sellers, retailers, 3PLs, and appropriate government agencies. c. buyers, sellers, retailers, and 3PLs d. buyers and sellers only - Answer- a. both vertical and horizontal collaboration. T/F: The manufacturer must lead the ch...

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30 pages

Written in 2025/2026

Grade A+

ScholarExams

LSCM 3960 TEST 2 WITH CORRECT ANSWERS 100% Which of the following types of production processes use tools and equipment that are generalized in nature? - Correct Answer Continuous Process Packaging is - Correct Answer Critical to Logistics Which of the following is NOT a reactive capability strategy? - Correct Answer Resource requirements planning In assemble-to-order production, - Correct Answer The finished product is generally a combination of common components and a limited num...

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6 pages

Written in 2025/2026

Grade A+

Wairimumburia

LSCM 3960 Exam 2 quiz with correct answers 100% 2026 Pareto Analysis may be used to classify parts, customers, or activities. When determining the pareto segments to classify oarts, you should: - Correct Answer There will rarely be a clean break at the 80% (or 20%) point so your cut-off is subjective; however the general 80-20 relationship still holds. The objective of inventory management is to: - Correct Answer Increase corporate profitability All of the following are reasons for hold...

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8 pages

Written in 2025/2026

Grade A+

Wairimumburia

LSCM 3960 Exam 2 with correct answers 100% 2026 The _________ of demand, customer orders, delivery status, inventory stock levels, and production schedules provides managers with the knowledge needed to make effective situational assessments and develop appropriate responses. a. visibility b. availability c. accuracy d. accountability - Correct Answer Visibility Which of the below is not part of the seven Rs of logistics? a. information b. cost c. quality d. place - Correct Answe...

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15 pages

Written in 2025/2026

Grade A+

Wairimumburia

LSCM 3960 - QUIZ 1 with correct answers 100% 2026 Outsourcing involves - Correct Answer obtaining materials, parts, and products from other companies. A key element in Wal-Mart's ability to discount brand name products was an understanding of the criticality of efficiency in its logistics and supply chain system. - Correct Answer True Cost/Value refers to - Correct Answer the importance of cost and value at the very end of the supply chain. What has had an impact on the empowerme...

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1 pages

Written in 2025/2026

Grade A+

Wairimumburia

LSCM Quiz 3 with correct answers 100% 2026 Pareto Analysis means that 20 percent of the items get about 80 percent of the safety stock. - Correct Answer False In the economic manufacturing quantity model (EMQ), the production rate must be greater than the demand rate. - Correct Answer True The Economic Manufacturing Quantity Model (EMQ) : - Correct Answer relaxes the instantaneous replenishment assumption by allowing usage or partial delivery during production. Which one of the foll...

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5 pages

Written in 2025/2026

Grade A+

Wairimumburia

LSCM EXAM 1 with correct answers 100% 2026 Due to mergers and acquisitions in the software industry and ERP vendors moving into the supply chain applications market space, it is possible to purchase a. best of breed solutions from leading providers in each category b. supply chain software suites that combine planning, execution, event management, and related capabilities c. spreadsheet software with expanded capabilities d. event management tools that monitor the supply chain for events th...

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14 pages

Written in 2025/2026

Grade A+

Wairimumburia