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Exam (elaborations)

SCM 303 Exam 1 Questions And 100% Correct Answers

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  • Course
  • SCM 303
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  • SCM 303

SCM 303 Exam 1 Questions And 100% Correct Answers...

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  • November 4, 2024
  • 16
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • SCM 303
  • SCM 303
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Easton
SCM 303 Exam 1 Questions And 100%
Correct Answers

Which of the following is not a technology disrupter?



Autonomous Vehicle



"Uberization"



"Want it now"

Alternative fuels - ANSWER "Want it now"



Which of the following is not a common theme among supply chain management
definitions?



Require the performance of a series of physical and service processes



Require execution of sequence of functions



Provide a combination of product, service, or solution to the end-consumer



Getting as few outside resources as possible while producing most products in-house -
ANSWER Getting as few outside resources as possible while producing most products
in-house



Not all firms include the same activities in supply chain management. Which of the
following is often excluded?

,Logistics



Manufacturing



Planning



Procurement - ANSWER Manufacturing



Product Life Cycle - ANSWER Introduction (launch), growth, maturity, decline



Which of the following strengths did MSU combine to create their unique and integrated
approach to SCM? - ANSWER Procurement, operations, and logistics



Which of the following is NOT one of the supply chain processes?



Life cycle support



Logistics



Demand planning responsiveness



Order fulfillment/service delivery - ANSWER Logistics



Which of the following is not one of the objectives of supply chain integration?



Quality and life cycle support

, Transportation consolidation



Reduced duplication and redundancy



Minimum purchase price - ANSWER Minimum purchase price



Which of the following is not a characteristic of a synchronized operating environment?



Integrated OTD execution



Point-in-time performance



Cycle time compression



Value creation - ANSWER Value creation



Economic profit is impacted by. - ANSWER Expenses, revenue, asset utilization



What type of supply chain business model has highest responsiveness? - ANSWER
Balanced business model



What is typical for the durables supply chain? - ANSWER Needs special equipment



What is geographic postponement characterized by? - ANSWER Delivery on time



Ford Motor Company first tried to convert all raw materials needed to make automobiles
at one location. This is a good example of. - ANSWER Old paradigm

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