Supply Chain Analytics
Question Bank
Course Introduction
Supply Chain Analytics focuses on the application of data-driven methodologies, quantitative analysis, and advanced modeling techniques to optimize the performance of supply chain systems. The course covers topics such as demand forecasting, inventory management, transportation planning, supplier selection, risk analysis, and the use of key performance indicators. Students will learn to utilize software tools and analytical frameworks to interpret complex datasets, enhance decision-making, and drive efficiency and resilience throughout the supply chain. Emphasis is placed on real-world problem solving, case studies, and the integration of analytics into strategic and operational supply chain management.
Recommended Textbook
Supply Chain Management A Logistics Perspective 10th Edition by John J. Coyle
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15 Chapters
547 Verified Questions
547 Flashcards
Source URL: https://quizplus.com/study-set/1254 Page 2
Chapter 1: Supply Chain Management: an Overview
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34 Verified Questions
34 Flashcards
Source URL: https://quizplus.com/quiz/24747
Sample Questions
Q1) Traditionally, information has been viewed as flowing in the opposite direction of products, that is, from the market/customer back to the wholesalers, manufacturers, and vendors.
A) This is still true and has not changed.
B) Computerization has greatly increased the flow of information from the source.
C) The "Big Box" stores have developed their own sources.
D) None of these answers.
Answer: D
Q2) The demographics of our society has changed because:
A) the "Baby Boom" generation is now turning 60.
B) of the increase in two-career families and single-parent households.
C) of immigration.
D) birth rates have changed.
Answer: B
Q3) Supply chain managers no longer need to worry about suboptimization in light of today's technology.
A)True
B)False
Answer: False
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Page 3
Chapter 2: Global Dimensions of Supply Chains
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36 Verified Questions
36 Flashcards
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Sample Questions
Q1) Honda and Toyota only manufacture automobiles in Japan.
A)True
B)False
Answer: False
Q2) As suggested, the aging populations in more developed countries will result in _____ health care costs and/but _____ in the size of the working population or labor pool.
A) increased; a reduction
B) increased; stagnation
C) steady; a decrease
D) nominal raises in; an increase
Answer: A
Q3) MFN stands for Many Foreign Nationals.
A)True
B)False
Answer: False
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Page 4
Chapter 3: Role of Logistics in Supply Chains
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36 Verified Questions
36 Flashcards
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Sample Questions
Q1) Which of the answers below is an example of the creation of form utility by a logistics activity?
A) When lumber is cut and made into a chair
B) When a firm's finance manager approves customer purchases on a credit basis
C) When Dell combines components with software to produce a computer to a customer's specifications
D) When bulk products are broken and repackaged at a distribution center
Answer: D
Q2) To hold down distribution cost, the lowest cost carrier should always be used.
A)True
B)False
Answer: False
Q3) As the dollar value of a product decreases, its transportation cost: A) increases.
B) decreases.
C) stays the same.
D) can't be determined.
Answer: B
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5
Chapter 4: Distribution and Omni Channel Network Design
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38 Verified Questions
38 Flashcards
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Sample Questions
Q1) The grid technique is used to determine a fixed facility location that represents the least-cost center for moving incoming materials and outbound product within a geographic grid. This least cost center is also referred to as a:
A) zero point.
B) source point.
C) break-even point.
D) center of gravity.
Q2) Logistics facilities and their locations are relatively variable and easily modified in the short term.
A)True
B)False
Q3) In a commercial zone, the same transportation rate is applied from an origin to any point in the zone.
A)True
B)False
Q4) The grid technique determines the highest cost facility location in an area.
A)True
B)False
Q5) What are the current trends governing site selection?
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Chapter 5: Sourcing Materials and Services
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36 Verified Questions
36 Flashcards
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Sample Questions
Q1) Which approach represents a strategy in which the entire organization is focused on the examination of process variability and continuous improvement?
A) Total Quality Management
B) Six Sigma
C) Lean Enterprise Management
D) Theory of Constraints
E) None of these answers
Q2) In the Execute Sourcing Strategy step, the most important thing is to:
A) appoint the sourcing committee members from the affected groups.
B) choose a supplier or suppliers, depending on the objectives of the sourcing decision.
C) verify which vendors are either TQM or ISO 9000.
D) determine which vendors have the lowest prices.
Q3) The concept that represents the sum of all costs associated with making and delivering products to the point where they are needed is called:
A) purchase/acquisition cost.
B) strategic sourcing costs.
C) life cycle costs.
D) total landed cost.
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Chapter 6: Operations Producing Goods and Services
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37 Verified Questions
37 Flashcards
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Sample Questions
Q1) Capacity requirements planning is used to check the feasibility of the materials requirement plan.
A)True
B)False
Q2) Explain one of the following in detail: workcenter, manufacturing cell, assembly line, or continuous process facilities.
Q3) Resource requirements planning (RRP):
A) is a long-run, macro-level planning tool.
B) checks the feasibility of the master production schedule.
C) checks the feasibility of the materials requirement plan.
D) is a long-range materials plan that translates annual business plans.
Q4) What is offshoring? How does it affect manufacturing and logistics?
Q5) There are four assembly processes. Name all four, and pick two to discuss in detail.
Q6) Which of the following is not a reactive capability strategy?
A) Machine flexibility
B) Routing flexibility
C) Resource requirements planning
D) Offshoring
Q7) Discuss the role of production operations in Supply Chain Management (SCM).
Page 8
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Chapter 7: Demand Management
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34 Verified Questions
34 Flashcards
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Sample Questions
Q1) While there are four types of forecast error measures that can be used, none are foolproof.
A)True
B)False
Q2) What are the similarities between the CPFR and S&OP processes? What are the differences?
Q3) Outbound-to-customer logistics systems are also referred to as physical distribution.
A)True
B)False
Q4) Exponential smoothing can use constants higher than 1, but not more than 5.
A)True
B)False
Q5) Demand management might be defined as focused efforts to estimate and manage customers' demand, with the intention of using this information to shape operating decisions.
A)True B)False
Q6) There are four types of forecast error measures that can be used. Name them, and choose one to discuss.
Page 9
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Chapter 8: Order Management and Customer Service
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36 Verified Questions
36 Flashcards
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Sample Questions
Q1) The time that elapses from when a company receives an order until it gets paid for delivering the order is called the:
A) product life cycle.
B) order to cash cycle.
C) order management process.
D) replenishment process.
Q2) What are the steps in the CRM process?
A) Segment customer base, then measure service, and improve
B) Segment customer base, then identify service/package
C) Measure service, then improve
D) Segment customer base, identify service/package, then measure service, and improve
Q3) Activity Based Costing (ABC) allocates costs to activities based on a fixed predetermined measure (e.g., cases).
A)True
B)False
Q4) Customer relationship management is a new concept only recently receiving attention.
A)True
B)False
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Chapter 9: Managing Inventory in the Supply Chain
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37 Verified Questions
37 Flashcards
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Sample Questions
Q1) JIT, MRP, and MRP II all incorporate some version of the basic EOQ model into their philosophies.
A)True
B)False
Q2) JIT is a _____ system.
A) push
B) Pareto's law
C) MRP
D) pull
Q3) Compare and contrast the fixed quantity version of EOQ with the fixed interval version. In which situations would each be used?
Q4) "Batching economies" and "cycle stocks" are the same.
A)True
B)False
Q5) EOQ can only be used for "push" inventory.
A)True
B)False
Q6) What are push and pull systems, and name at least one inventory management system that is a push or pull system?
Page 11
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Chapter 10: Distribution
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38 Verified Questions
38 Flashcards
Source URL: https://quizplus.com/quiz/24756
Sample Questions
Q1) Cross-docks typically increase transportation costs.
A)True
B)False
Q2) The key financial consideration in choosing between private and 3PL distribution options is:
A) warehouse location(s).
B) competency of in-house staff.
C) volume of product being moved.
D) type of product being handled.
Q3) A downside of direct shipping is:
A) that it takes product flow away from the distribution center.
B) can create higher transportation charges.
C) that customers may not like this method.
D) the product may not lend itself to this method.
Q4) Discuss inventory positioning and the differences between centralized and decentralized inventory.
Q5) Contract warehousing is different than 3PL warehousing. A)True
B)False
Q6) Discuss facility layout and what factors should be considered.
Page 12
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Chapter 11: Transportation
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38 Verified Questions
38 Flashcards
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Sample Questions
Q1) A bill of lading is nonnegotiable.
A)True
B)False
Q2) The responsibility for transportation management is typically not assigned to any one management discipline in an organization.
A)True
B)False
Q3) Economic deregulation sparked competition among carriers in several areas. Which of these is not an area of competition?
A) Accessibility
B) Pricing
C) Performance
D) Services
Q4) Pipeline costs are predominantly fixed.
A)True
B)False
Q5) Intermodal growth has been flat.
A)True
B)False
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Chapter 12: Aligning Supply Chains
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35 Verified Questions
35 Flashcards
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Sample Questions
Q1) What is meant by "collaboration" between supply chain organizations? What are the different types of collaboration?
Q2) Full collaboration is the dynamic combination of:
A) buyers, sellers, retailers, and 3PLs.
B) buyers, sellers, retailers, 3PLs, and appropriate government agencies.
C) both vertical and horizontal collaboration.
D) buyers and sellers only.
Q3) A Third Party Logistics firm is defined as a company that owns trucks and warehouses so as to offer integrated services.
A)True
B)False
Q4) Define and discuss the term "4PL."
Q5) What are some example types of services that may be available from a 4PL provider?
Q6) A horizontal relationship refers to firms on the same level in the supply chain.
A)True
B)False
Q7) What does it take to have an area of "core competency"? Provide an example.
Page 14
Q8) What are the basic types of 3PL firms, and which are in most prevalent use?
Q9) What are some of the types of activities often outsourced?
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Page 15
Chapter 13: Supply Chain Performance Measurement and Financial Analysis
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36 Verified Questions
36 Flashcards
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Sample Questions
Q1) Supply chain management involves the control of raw material, in-process, and finished goods inventories.
A)True
B)False
Q2) The equivalent sales increase for supply chain cost saving is found by dividing the cost saving by the organization's profit margin.
A)True
B)False
Q3) Another driving influence for supply chain reexamination has been the desire of organizations to change their supply chain focus from a _____ to an "investment" center.
A) warehouse system
B) logistics-oriented system
C) cost center
D) value neutral
Q4) Discuss the differences between the terms metric, measure, and index.
Q5) An index combines two or more metrics into a single indicator.
A)True
B)False
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Chapter 14: Supply Chain Technology
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41 Verified Questions
41 Flashcards
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Sample Questions
Q1) _____ is/are a major barrier to the effective use of information technology.
A) Cost
B) People
C) Effective applications
D) Management support
Q2) Review the methods used by supply chain managers to mitigate SCIS implementation risks.
Q3) The _____ of demand, customer orders, delivery status, inventory stock levels, and production schedules provides managers with the knowledge needed to make effective situational assessments and develop appropriate responses.
A) visibility
B) availability
C) accuracy
D) accountability
Q4) What are the 10 golden rules for technology implementation? Discuss how they are important.
Q5) What is the role of enterprise resource planning systems in SCM?
Q6) Discuss the relative advantages of best-of-breed software versus supply chain suites.
Page 17
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Chapter 15: Strategic Challenges and Change for Supply Chains
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35 Verified Questions
35 Flashcards
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Sample Questions
Q1) Companies have discovered that there is no revenue opportunities to offset the costs in sustainability practices.
A)True
B)False
Q2) Some European countries have passed green laws, which means that companies doing business in these countries must be cognizant of regulations and policies regarding sustainability.
A)True
B)False
Q3) The reason retailers are so successful with the omni-channel is because the channels provide so many different views of the customer.
A)True
B)False
Q4) To what extent have the seven principles of supply chain management remained current? What are some of the major changes that have occurred since they were first developed?
Q5) What strategies and steps can organizations pursue to combat the SCM talent shortage?
Q6) Distinguish between a value stream and a waste stream for reverse flows.
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