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BUAD 331 Exam 1 with Correct Answers
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BUAD 331 Exam 1 with Correct Answers
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BUAD 331 Exam 1 with Correct Answers__________ the chain facilitates better strategic alignment between supply chain operations
Correct Ans-bending
what did Caterpillar do in 2013 that led to a better integration of its supply chain functions?
Correct Ans-formed an integrated supply chain group to manage its supply chain
which of the following would be a metric for a senior level supply chain manager? Correct
Ans-cash-to-cash cycle
what is a company's optimal service level? Correct Ans-the point where the cost and
revenue curves are farthest apart
should all customers receive the same level of customer service? Correct Ans-no
supply chain measurements are often called Correct Ans-- key performance indicators
- performance measures
- metrics
supply chain measurement is important for the following reasons Correct Ans-- to provide
important information to others in the supply chain
- to drive employee incentives and alignment
, BUAD 331 Exam 1 with Correct Answers
- to identify where improvement is needed
end-to-end supply chain measures are the most important type of supply chain metric (t/f)
Correct Ans-true
a scorecard that is balanced typically includes the following: Correct Ans-- financial
- quality
- learning and improvement
- cycle time
metrics provide a complete picture of supply chain performance (t/f) Correct Ans-false
the supply chain value proposition framework represents the interactions between Correct
Ans-revenues, costs, and assets
return on assets formula Correct Ans-net income / assets
according to an E&Y survey of supply chain professionals, what is the priority of the supply
chain organization? Correct Ans-improving service quality
what is an example of a tax "haven"? Correct Ans-a country or jurisdiction with very low
corporate taxes
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