1.
Positive, long-term relationships between supply chain participants refer to:
Co-opetitions tailored
logistics partnerships
supply chain management
2. Which of the following statements is true of LEAN?
Lean principles focus on advanced statistical methods
Lean principles are separate body of knowledge
Lean principles have been developed over a lengthy period of time
3. There are various strategies used to meet objectives of effective consumer response (ECR).What
would be an appropriate strategy to achieve timely, accurate, paperless information flow?
Efficient replacement
Revision of organization processes supported by information systems
Integrate this activity into all supply chain planning
Efficient store assortments
4. When a manufacturer develops an innovative product and then identifies a suitable target
market and distribution channel. This is an example of:
Pull model of SCM
Value stream
Vlue chain
Push model of SCM
5. The typical aim of the pull from customer approach to supply chain management is:
Enhance product and service quality
Promote information sharing between supply chain members
To improve costs of distribution
Optimize the production process for cost and efficiency
6. When performance managing an electronic-supply chain management (e-SCM), measurement
frameworks provide categories and examples of metrics. What would Return on Investment
be a metric of?
Delivery performance
Supply chain partnership
Cost in supply chain
Profitability
7. Again, with e-SCM performance management, what would be metrics of Costs in Supply Chain
Inventory cost
Total cost
Manufacturing cost
Distribution cost
All of the above
8. Production related procurement refers to the purchasing of:
Raw materials
Office supplies
Information systems
Furniture
9. Another aim of e-procurement is increased choice of supplier leading to sourcing items:
From the right source
Delivered at the right time
At the right price
Of the right quantity
10. E-procurement aims to improve performance of what is known as the 'five rights of
purchasing'. One aim of e-procurement is increasing savings by sourcing items:
Of the right quantity
Of the right quality
At the right price
From the right source
11. The terms purchasing and procurement should not be seen as synonymous. As such, which of
the following statements do you think has greatest validity?
Procurement has a broader meaning than purchasing
Procurement is broadly equivalent to purchasing
Purchasing has a broader meaning than procurement
None of the above
12. Of the following, which is an e-procurement benefit related to budgetary control?
Enabling them to concentrate on strategic purchasing issues
Reduced purchase cycle
Rules to limit spending and improved reporting facilities
13. Negotiated contracts with regular suppliers typically in long-term relationships is an example
of:
MRO sourcing
E-procurement
Systematic sourcing
Spot sourcing
14. For B2B transactions involved with e-procurement, the merchant site should facilitate:
Initial purchases
Modified rebuys
Straight rebuys
Partially complete orders
All of the above
15. Cooperative supply chain relationships developed to enhance the overall business performance
of both parties is a definition of:
third-party logistics
supply chain collaboration
dovetailing
relationship marketing
16. An important feature of supply chain management is its application of electronic commerce
technology that allows companies to share and operate systems for:
Order processing, transportation scheduling, and inventory management
cost-effective flowing of raw materials
future purchasing of computer systems
future merger opportunities
17. All of the following costs are likely to decrease as a result of better quality except
customer dissatisfaction costs
maintenance costs
scrap costs
warranty and service costs
18. Inspection, scrap, and repair are examples of
internal costs
external costs
costs of dissatisfaction
societal costs
19. Which of the following activities is not a direct responsibility of operations management?
Determining the exact mix of products and services that the customers will want
Designing the operation's products,services and processes
Developing an operations strategy for the operations
Planning and controlling the operation
20. A successful TQM program incorporates all of the following except
continuous improvement
employment involvement
benchmarking
centralized decision making authority
21. Which of the following is not true about a lean production system?
It puts emphasis on quality, flexibility, and time reduction
It puts emphasis on reducing a company's labor force
It is involved in maintaining and improving the system with lower amounts of inventory.
It relies on buffers against unforeseen occurrences
22. Which one of the following is not a typical question dealt with by an operations manager?
How much capacity will be needed in the months ahead?
What is a satisfactory location for a new facility?
Which products/services should be offered?
All are typical of operations decisions.
23. Which of the following is not a typical supply chain member?
Retailer’s Creditor
Wholesaler
Producer
Customer
24. When suppliers, distributors, and customers partner with each other to improve the
performance of the entire system, they are participating in a ________
Channel Of Distribution
Value Delivery Network
Supply Chain
Supply And Demand Chain
25. Which of the following is not an area of responsibility for a logistics manager?
Inventory
Purchasing
Warehousing
Marketing
26. To reduce inventory management costs, many companies use a system called ________, which
involves carrying only small inventories of parts or merchandise, often only enough for a few
days of operation
reduction-inventory management
supply chain management
just-in-time logistics
limited inventory logistics
27. A Supply Chain includes the chain of entities involved in the planning,procurement,production
and ------------- of products and services
Distribution
Supply
Demand
Transport
28. Companies manage their supply chains through ________.
Information
transportation modes
competitors
the Internet
skilled operators
29. Which one does not use operations management?
Supermarket
Bank
Hospital
They all use it.
30. Which of the following is NOT a factor affecting the supply chain?
Reduced number of suppliers
Increased competition
Longer product life cycles
Increased opportunities to strategically use technology
