The primary reason for the evolution of the supply chain is:
A. fewer rejects due to poor quality.
B. increased on-time delivery.
C. increased cost savings.
D. increased communication.
Which of the following marketing strategies emphasizes offering services at a lower price than rival services with comparable features?
A. Cost leadership
B. Service differentiation
C. Customer focus
D. Market responsiveness
The primary objective of supply chain management is:
A. minimizing transportation costs.
B. reducing inventory levels.
C. taking a systems approach.
D. implementing advanced technologies.
Which of the following levels in a supply chain network represents the most upstream external activity?
A. Supplier to contractor
B. Manufacturing to supplier
C. Customer to distribution
D. Customer to contractor
Which of the following scenarios represents a correct application of the Supply-Chain Operations Reference-model (SCOR)?
A. Sales and marketing refers to SCOR to improve demand generation.
B. Production and engineering uses SCOR best practices to design a new "make" process flow.
C. Distribution and logistics selects suppliers from the SCOR reference list.
D. Marketing and development incorporates SCOR Level I metrics for new product design.
The focus of collaborative supply chain management differs from a transactional approach by its emphasis on the:
A. transportation of goods to the next link in the chain.
B. flow of product information up to the next level of the chain.
C. flow of demand information and cash up the chain.
D. flow of supply into an organization.
The question below is based on the following flowchart:
Which of the following phrases most accurately describes the complete flow of demand information?
A. From supplier to customer
B. From customer to manufacturer
C. From customer to supplier
D. From supplier to manufacturer
To maximize total supply chain profitability, supply chain participants typically must balance:
A. production lead times and shipment frequency.
B. production lot sizes and supply chain inventory levels.
C. total supply chain assets and profit margins.
D. end-user sales levels and cash flows.
Before discontinuing a product based on costs, one should primarily consider the effects upon:
A. research and development (RandD) costs of new products,
B. overhead absorption rates across product lines,
C. value stream mapping of complementary products,
D. the cost of other products in the portfolio.
Use of which of the following tools most likely would promote a shift in focus from single function to cross-functional planning?
A. Just-in-time (JIT) production
B. Six sigma quality
C. Lean production
D. Supply Chain Operations Reference (SCOR) model
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