Supply Chain Management Exam Review - 389 Verified Questions

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Supply Chain Management Exam Review

Course Introduction

Supply Chain Management examines the integrated approach to the planning, implementation, and control of all activities involved in sourcing, procurement, conversion, and logistics management. The course explores how organizations collaborate with suppliers, intermediaries, third-party service providers, and customers to deliver products efficiently and effectively from point of origin to point of consumption. Students will study concepts including inventory management, demand forecasting, transportation, distribution strategies, global supply chains, risk management, and the role of technology in optimizing supply chain operations. Through real-world case studies and analytical tools, students will gain practical insights into designing and managing competitive and sustainable supply chains in todays dynamic business environment.

Recommended Textbook

Concepts in Enterprise Resource Planning 4th Edition by Ellen Monk

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8 Chapters

389 Verified Questions

389 Flashcards

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Chapter 1: Business Functions and Business Processes

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37 Verified Questions

37 Flashcards

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Sample Questions

Q1) Which of the following outputs would emerge from the Accounting and Finance functional area?

A)Packaging orders

B)Sales strategy

C)Regulation compliance

D)Financial reports

Answer: D

Q2) When manufacturing runs out of raw materials,it's known as a stockout.

A)True

B)False

Answer: True

Q3) One example of the business function that happens in the human resource area of operation would be ____________________.

Answer: Recruiting and hiring

Training

Payroll

Benefits

Government compliance

Q4) A shortfall of raw materials is known as a(n)____________________.

Answer: stockout

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Chapter 2: The Development of Enterprise Resource Planning Systems

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74 Verified Questions

74 Flashcards

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Sample Questions

Q1) Which R/3 module records sales orders?

A)SD

B)MM

C)PP

D)QM

Answer: A

Q2) ____________________ help businesses customize the software to fit their unique needs.

Answer: configuration

Q3) ____________________ is the direct computer-to-computer exchange of standard business documents.

Answer: Electronic data interchange

EDI

Electronic data interchange (EDI)

EDI (electronic data interchange)

Q4) SAP's R/3 can only run on mainframe computers.

A)True

B)False

Answer: False

Page 4

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Chapter 3: Marketing Information Systems and the Sales Order Process

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51 Verified Questions

51 Flashcards

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Sample Questions

Q1) In the accompanying diagram,"Taking an Order in SAP ERP," what is D?

Answer: Material and Order quantity: What the customer is ordering.

Q2) Pricing can be set using condition techniques.

A)True

B)False

Answer: True

Q3) Setting prices for customers can be very complex.SAP helps by offering a control mechanism,called ____,to determine how much to charge a given customer for a given product.

A)pricing variance

B)price fixing

C)condition technique

D)fluctuation

Answer: C

Q4) In SAP ERP a sales order is entered only once,by the sales people.It need not be entered a second time,in Accounting,to keep the books.Briefly explain why that second entry is not needed in SAP R/3.

Answer: By contrast,ERP systems integrate Accounting with all business processes,so that when a sales order is recorded,the related accounting data is updated automatically.

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Chapter 4: Production and Supply Chain Management Information Systems

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63 Verified Questions

63 Flashcards

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Sample Questions

Q1) What metric tracks the number of times a supplier meets the agreed upon delivery date?

A)initial fill rate

B)initial order lead time

C)on-time performance

D)cash-to-cash cycle time

Q2) Production planners aggregate products into product groups to make forecasts and plans more accurate.

A)True

B)False

Q3) The ____________________,shown in the accompanying figure for Fitter Snacker,is a list of the materials needed to make NRG-A and NRG-B bars.

Q4) The term supply chain describes all the activities required to move raw material from inventory to manufacturing for the purpose of producing a product.

A)True

B)False

Q5) Describe Fitter Snacker's inventory problems with regard to their production process.

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Chapter 5: Accounting in ERP Systems

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Sample Questions

Q1) In activity-based costing,overhead costs are assigned to products based on the manufacturing activities that gave rise to the costs.

A)True

B)False

Q2) What is the sum of direct materials,production overhead,and direct labor?

A)COGM - cost of goods manufactured

B)COGS - cost of goods sold

C)COGP - cost of goods produced

D)COGS - cost of goods shipped

Q3) What is the significance of the accompanying figure in SAP from an accounting standpoint?

Q4) The SAP ERP system has a module called Accounting and Finance. A)True B)False

Q5) When a company has an ERP system,it no longer needs a general ledger. A)True

B)False

Q6) In an ERP system,the balance sheet and P&L statements are database reports. A)True

B)False

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Chapter 6: Human Resources Processes With ERP

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Sample Questions

Q1) Ensuring that these tasks are accomplished and that valid human resources-related information is communicated throughout the organization requires a system that effectively controls the flow of information.

A)True

B)False

Q2) SAP ERP provides an Organization and Staffing Plan tool that is used to define a company's ____ and the positions within the organizational structure as a whole.

A)management structure

B)benefits program

C)hiring process

D)job titles

Q3) ____ are skills or abilities associated with a position,while ____ are skills or abilities associated with a specific employee.

A)Qualifications;requirements

B)Requirements;qualifications

C)Duties;tasks

D)Tasks;duties

Q4) What are statutory and voluntary deductions?

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Chapter 7: Process Modeling, Process Improvement, and ERP Implementation

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28 Verified Questions

28 Flashcards

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Sample Questions

Q1) Which software programs automates the execution of business processes?

A)SAP Wizards

B)ASAP

C)Workflow tools

D)Swimlanes

Q2) Organizational change management is a trivial part of the implementation process.

A)True

B)False

Q3) Why,and in what circumstances,are workflow tools useful?

Q4) In flowchart analysis,each activity in the process is analyzed for the value it adds to the product or service.

A)True

B)False

Q5) To simplify matters,let's assume that the Procurement Department does NOT have to buy any raw materials.Since this is the case,assume the Procurement Department simply files the preliminary work order form and also files the Sales Request (order).

Q6) Discuss the SAP system landscape for implementation.Why is it important to keep the systems separate?

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39 Verified Questions

39 Flashcards

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Sample Questions

Q1) The SAP Enterprise Portal gives users complete access to all their work on a single screen,using links to connect users to all the major applications needed to perform their jobs.

A)True

B)False

Q2) What are the two main challenges with using a multidimensional cube structure?

Q3) Business intelligence (BI)is a term used to describe a range of different applications and technologies used to extract and analyze large amounts of data to aid in decision making.

A)True

B)False

Q4) Walmart has been on the leading edge of the move to integrate RFID technology into the supply chain.The major opportunity at this time for RFID technology is to reduce out-of-stock situations ____.

A)between the manufacturer and the storeroom at the individual store

B)between the manufacturer and the distribution centers

C)between the distribution centers and the storeroom at the individual store

D)between the backroom stock area and the store shelves

Q5) What is an RFID?

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Q6) Cite one disadvantage of using software as a service (SaaS).

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