Module 1 SCM 300

24 Questions | Total Attempts: 673

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Module Quizzes & Trivia

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Questions and Answers
  • 1. 
    Efficient integration of supplier transporters, manufacturers, warehouses, retailers, and all other parties associated with delivery of the final product.
    • A. 

      Operations

    • B. 

      Supply Chain Management

    • C. 

      Logistics

    • D. 

      Supplier management

  • 2. 
    These are all examples of ______________ duties: Supplier Selection, Purchasing Negotiations, Supplier relationship management, Materials/Inventory management. 
    • A. 

      Logistics

    • B. 

      Procurement

    • C. 

      Inventory Management

    • D. 

      Operations

  • 3. 
    Design, Operation, and Improvement of PRODUCTION SYSTEMS that Efficiently transform INPUTS into Finished Goods and Services, Maximizing Productivity.
    • A. 

      Procurement

    • B. 

      Logistics

    • C. 

      Supply Chain

    • D. 

      Operations

  • 4. 
    These are examples of __________ duties: Distribution/Warehousing, Infrastructure management. Packaging, containerization, transportation, documentation. Third party management and communication.
    • A. 

      Retail operations

    • B. 

      Support accounting

    • C. 

      Logistics

    • D. 

      Procurement

  • 5. 
    Is the process of obtaining services, supplies, and equipment in conformance with corporate regulations.
    • A. 

      Procurement

    • B. 

      Logistics

    • C. 

      Operations

    • D. 

      Inventory turnover

  • 6. 
    Process management, plant management, capacity planning - resources, speed, Scheduling jobs/people, waiting line management, and process involvement projects are all examples of ___________duties.
    • A. 

      Logistics

    • B. 

      Retail

    • C. 

      Operations

    • D. 

      None of the above

  • 7. 
    What are the primary goals of a business?
    • A. 

      Sustainable Long-term Profits

    • B. 

      Maximize Return on Investment

    • C. 

      Both A and B

    • D. 

      Acquire other businesses

  • 8. 
    Material costs, productions costs - Machine and Labor, Packaging, Transportation, Storage costs, Quality Cost - Return, Warranties, Repairs, Rework, Errors, Time, Customer service costs and other organizational costs are all part of what competitive priority?
    • A. 

      Speed/Time

    • B. 

      Flexibility

    • C. 

      Cost

    • D. 

      Quality

  • 9. 
    What are the four competitive priorities mentioned in class?
    • A. 

      Cost, Quality, Speed/Time, Flexibility

    • B. 

      Inventory, Retail management, Flexibility, Supply Chain

    • C. 

      Both A and B

    • D. 

      None of the above

  • 10. 
    Product/Customization and Volume are forms of what:
    • A. 

      Logistics

    • B. 

      Quality

    • C. 

      Flexibility

    • D. 

      All of the above

  • 11. 
    Mass Customization is:
    • A. 

      Both Customization and Volume Flexibility

    • B. 

      Not important

    • C. 

      Tons of products

    • D. 

      All of the above

  • 12. 
    Beyond the traditional supply chain, who does supply chain need to work with?
    • A. 

      IT

    • B. 

      Marketing

    • C. 

      Accounting

    • D. 

      Finance

    • E. 

      All of the above

  • 13. 
    Defects, Overproduction, Transportation, Motion, Waiting, Inventory, and Over-processing are:
    • A. 

      Shigeo Shingo's 7 types of waste

    • B. 

      Not important for businesses

    • C. 

      Primary goals of a business

    • D. 

      None of the above

  • 14. 
    What are the four ways companies compete? 
    • A. 

      Cost

    • B. 

      Quality

    • C. 

      Speed/Time

    • D. 

      Flexibility

    • E. 

      All of the above

  • 15. 
    Amazon, Best Buy, Burger king, Dillards, are all examples of:
    • A. 

      B2B model

    • B. 

      B2C model

    • C. 

      Both B2B and B2C model

    • D. 

      E-business

  • 16. 
    DHL Cargo, Boeing, Consulting/Marketing Agencies are all examples of what type of business model?
    • A. 

      B2B

    • B. 

      B2C

    • C. 

      It depends on the quality of the product

    • D. 

      Both A and B

  • 17. 
    The mechanism by which a business intends to generate revenue and profits. It is a summary of how a company plans to serve its customers at the strategic level.
    • A. 

      Business Models

    • B. 

      Strategy Model

    • C. 

      Management Needs

    • D. 

      Goals of the company

  • 18. 
    Land-based Commerce only:
    • A. 

      Brick and Mortar

    • B. 

      Internet Only Retailer

    • C. 

      Click and Mortar

    • D. 

      All of the above

  • 19. 
    Amazon.com and Overstock.com are examples of:
    • A. 

      Internet only retailer- Net commerce only

    • B. 

      Brick and Mortar

    • C. 

      Both A and B

    • D. 

      None of the above

  • 20. 
    What are core competencies? 
    • A. 

      Primary skill or knowledge

    • B. 

      Intangible

    • C. 

      Difficult to learn, copy, acquire

    • D. 

      All of the above

  • 21. 
    What other areas outside the supply chain are needed on the process?
    • A. 

      IT

    • B. 

      Marketing

    • C. 

      Accounting and Finance

    • D. 

      All of the above

    • E. 

      A and B only

  • 22. 
    Expanding the supply chain, increasing its responsiveness, greening of the supply chain, and cost reduction are:
    • A. 

      Demand management

    • B. 

      Materials requirement planning

    • C. 

      Four trends of supply chain

    • D. 

      Just-In-Time

    • E. 

      None of the above

  • 23. 
    SKU, bar codes, MRP (Material Requirements Planning), are all included in what type of inventory management system?
    • A. 

      Tracking

    • B. 

      Just in Time

    • C. 

      Production information

    • D. 

      Inventory visibility

  • 24. 
    Supply Chain management needs include which of the following:
    • A. 

      Buy it, Make it, Move it

    • B. 

      Procurement, Operations, logistics,

    • C. 

      Performance metrics, supply chain visibility, and relationship management

    • D. 

      Cost, quality, speed/Time, flexibility

    • E. 

      None of the above