QDM Final Exam Questions And Answers Rated A+
Which of the following statements is NOT true? ANS An increased sales effort may help a firm reach its profit goals more easily than would effectively cost cutting.
Supply chain management describes ANS the coordination of all supply chain activit...
QDM Final Exam Questions And Answers Rated A+
Which of the following statements is NOT true? ANS An increased sales effort may help a firm reach its
profit goals more easily than would effectively cost cutting.
Supply chain management describes ANS the coordination of all supply chain activities, starting with raw
materials, and ending with a satisfied customer.
A supply chain includes ANS suppliers; manufacturers and/or service providers; and distributors,
wholesalers, and/or retailers who deliver the product and/or service to the final customer.
The objective of supply chain management is ANS to coordinate activities within the supply chain to
maximize the supply chain's competitive advantage and benefits to the ultimate consumer.
Prior to embarking on supply chain design, operations managers must first consider ANS "make-or-buy"
and outsourcing decisions.
What is transferring a firm's activities that have traditionally been internal to external suppliers? ANS
outsourcing
The advantage of having few suppliers is to ANS form a long-term relationship.
Which of the following mitigation tactics is NOT designed to reduce the risk of information loss or distortion?
ANS alternate sourcing
Which mitigation tactics are designed to reduce the risk of information loss or distortion? ANS redundant
databases
secure IT systems
training of supply chain partners on the proper interpretations and use of information
Which of the following statements is NOT true regarding the bullwhip effect? ANS The bullwhip effect
occurs as order are relayed from retails, to distributors, to wholesalers, to manufacturers, with fluctuations
decreasing at each step in the sequence.
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