Understanding The Supply Chain

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Questions Bank

Understanding the Supply Chain
Supply Chain Performance: Achieving Strategic Fit and Scope
Supply Chain Drivers and Metrics
Designing Distribution Networks and Applications to e-Business
Network Design in the Supply Chain
Designing Global Supply Chain Networks
Demand Forecasting in a Supply Chain
Aggregate Planning in a Supply Chain
Sales and Operations Planning: Planning Supply and Demand in a Supply Chain
Coordination in a Supply Chain
Managing Economies of Scale in the Supply Chain: Cycle Inventory
Managing Uncertainty in a Supply Chain: Safety Inventory
Determining the Optimal Level of Product Availability
Transportation in a Supply Chain
Sourcing Decisions in a Supply Chain
Pricing and Revenue Management in a Supply Chain
Sustainability and the Supply Chain

All Questions

Question 1

Free

True/False

All stages of an enterprise are involved, either directly or indirectly, in fulfilling a customer request.

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True

False

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Question 2

Free

True/False

A supply chain includes only the organizations directly involved in supplying components needed for manufacturing.

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True

False

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Question 3

Free

True/False

The objective of every supply chain is to maximize the overall value generated.

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True

False

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Question 4

Free

True/False

The objective of the customer arrival process is to ensure that orders are quickly and accurately entered and communicated to other affected supply chain processes.

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True

False

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Question 5

Free

True/False

The objective of customer order entry is to maintain a record of product receipt and complete payment.

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True

False

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Question 6

True/False

The difference between the value of the product and its price remains with the customer as consumer surplus.

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True

False

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Question 7

True/False

The supply chain planning phase exceeds the supply chain design phase in duration.

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True

False

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Question 8

True/False

The goal during the supply chain operation phase is to exploit the reduction of uncertainty and optimize performance.

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True

False

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Question 9

True/False

The replenishment cycle occurs at the retailer/distributor interface.

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True

False

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Question 10

True/False

The manufacturing cycle occurs at the distributor/manufacturer interface.

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True

False

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Question 11

True/False

The push/pull view of a supply chain holds that the processes in a supply chain are divided into 2 categories depending on whether they are initiated in response to or in anticipation of customer orders.

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True

False

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Question 12

True/False

The production scheduling process in the manufacturing cycle is similar to the order entry process in the replenishment cycle.

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True

False

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Question 13

True/False

The cycle view of a supply chain holds that the processes in a supply chain are divided into 2 categories depending on whether they are initiated in response to or in anticipation of customer orders.

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True

False

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Question 14

True/False

The procurement cycle occurs at the manufacturer/supplier interface.

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False

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Question 15

True/False

The cycle view of the supply chain is useful when considering operational decisions, because it specifies the roles and responsibilities of each member of the supply chain.

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Question 16

True/False

Push processes may also be referred to as speculative processes.

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False

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Question 17

True/False

All supply chain activities within a firm belong to one of three macro processes - CRM, ISCM and SRM.

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True

False

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Question 18

True/False

There is a close connection between the design and management of supply chain flows and the success of a supply chain.

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Question 19

True/False

The drawback of Zara's responsive supply chain is that it tends to sell more products at markdown than most of its competitors.

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True

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Question 20

Multiple Choice

Each stage in a supply chain is connected through the flow of products, information, and funds. These flows often occur in both directions and are usually managed by

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pricing department.

one of the stages.

upper management.

engineering department.

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