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Supply Chain Management Pre-Test Questions - 547 Verified Questions

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Supply Chain Management

Pre-Test Questions

Course Introduction

Supply Chain Management explores the end-to-end processes involved in producing and delivering goods and services, from raw materials procurement to final customer delivery. This course covers key concepts such as sourcing strategies, inventory management, logistics, demand forecasting, procurement, and supplier relationship management. Students will learn how to optimize supply chains for efficiency, cost-effectiveness, and responsiveness while managing risks and ensuring sustainability. The course also examines the impact of globalization, technology, and data analytics on modern supply chain operations, equipping learners with practical tools and critical thinking skills to address real-world supply chain challenges.

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) Supply and demand has become less volatile as managers have become more adept at controlling the elements.

A)True

B)False

Answer: False

Q2) Beginning in the late 1970s and into the 1980s, the US transportation industry was deregulated. The net result was a less competitive environment.

A)True

B)False

Answer: False

Q3) A critical outcome of the supply chain is to deliver:

A) profits.

B) the right product to the right place.

C) cost/value.

D) on management's expectations.

Answer: B

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Page 3

Chapter 2: Global Dimensions of Supply Chains

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36 Verified Questions

36 Flashcards

Source URL: https://quizplus.com/quiz/24748

Sample Questions

Q1) Which one of the countries below is not part of NAFTA?

A) United States

B) Canada

C) Argentina

D) Mexico

Answer: C

Q2) From a customer service perspective, one of the four important characteristics for global market and strategy is technology companies counteract short product lifecycle with continual upgrades and new products.

A)True

B)False

Answer: True

Q3) The Customs Trade Partnership Against Terrorism (C-TPAT) was put in place to assess the vulnerability of U.S. ports and to deny entry to ships from countries that do not meet U.S. security standards.

A)True

B)False

Answer: False

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Chapter 3: Role of Logistics in Supply Chains

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36 Verified Questions

36 Flashcards

Source URL: https://quizplus.com/quiz/24749

Sample Questions

Q1) What is often the largest component of logistics costs?

A) Inventory costs

B) Transportation costs

C) Shipper-related costs

D) Administrative costs

Answer: B

Q2) As the dollar value of a product increases, packaging costs: A) increase.

B) decrease.

C) stay the same.

D) can't be determined.

Answer: A

Q3) As a firm spends more on transportation service, cost of lost sales increases.

A)True

B)False

Answer: False

Q4) As the dollar value of a product decreases, its inventory value decreases.

A)True

B)False

Answer: True

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Chapter 4: Distribution and Omni Channel Network Design

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38 Verified Questions

38 Flashcards

Source URL: https://quizplus.com/quiz/24750

Sample Questions

Q1) Which is an advantage of the grid technique for facility location?

A) It establishes the final determination of the best site.

B) Computationally, it is relatively easy to use.

C) It is a dynamic approach with solutions remaining optimum over many time periods.

D) It considers topographic conditions in choosing the optimum location.

Q2) The grid technique will evaluate all transportation rates equally.

A)True

B)False

Q3) When a blanket rate structure is used, which factor is eliminated as a locational determinant?

A) Labor rate

B) Transportation rate

C) Raw material sources

D) Market sources

Q4) In a commercial zone, the same transportation rate is applied from an origin to any point in the zone.

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

Source URL: https://quizplus.com/quiz/24751

Sample Questions

Q1) Commodities are items or services that are low in risk but high in value.

A)True

B)False

Q2) What vendor selection criteria are described by price and financial stability?

A) Capability

B) Financial

C) Quality

D) Reliability

Q3) In the Assess Supply Market step, the firm:

A) determines which are the least cost vendors.

B) decides which vendors are located closest to the firm's plant to insure timely delivery.

C) identifies all possible suppliers that might be able to satisfy the user's needs.

D) defines the parameters of the sourcing strategy process.

Q4) Procurement serves as a critical link between members of the supply chain.

A)True

B)False

Q5) There are seven steps in the Strategic Sourcing Methodology. Name at least five, and choose two to discuss in more detail.

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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) Which of these is not a production method?

A) Make-to-stock

B) Create-to-order

C) Build-to-order

D) Assemble-to-order

Q2) A push-based strategy works well for supply chains that focus on:

A) lean production.

B) the anticipation of demand or without knowledge of customer orders.

C) work centers and offshore sourcing.

D) the immediate delivery of off-the-shelf, low-cost, standardized goods.

Q3) Discuss the three planning timeframes, how they relate to capacity planning and materials planning, and the various tools associated with them.

Q4) Which of the following is not a reactive capability strategy?

A) Machine flexibility

B) Routing flexibility

C) Resource requirements planning

D) Offshoring

Q5) There are four assembly processes. Name all four, and pick two to discuss in detail.

Q6) Discuss the challenges facing production managers.

Page 8

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Chapter 7: Demand Management

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34 Verified Questions

34 Flashcards

Source URL: https://quizplus.com/quiz/24753

Sample Questions

Q1) One type of demand fluctuation is caused by random variation. What is random variation?

A) Errors in inventory management

B) Errors not caught by using exponential smoothing

C) A development that cannot normally be anticipated

D) Failure to properly execute the SO&P process plan

Q2) The essence of demand management is to estimate and manage _____ and use this information to make operating decisions.

A) channel orders

B) vendors and suppliers

C) customer demand

D) SO&P processes

Q3) Phantom demand is created by over-ordering during peak demand.

A)True

B)False

Q4) While there are four types of forecast error measures that can be used, none are foolproof.

A)True

B)False

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Chapter 8: Order Management and Customer Service

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36 Verified Questions

36 Flashcards

Source URL: https://quizplus.com/quiz/24754

Sample Questions

Q1) There are two parts to the order management process. The first is _____ and the second is _____.

A) managing the order after it is received; influencing how the customer orders

B) shipping the order; taking the order

C) influencing how the customer orders; managing the order after it is received

D) the Internet model; the traditional model

Q2) Activity Based Costing (ABC) allocates costs to activities based on a fixed predetermined measure (e.g., cases).

A)True

B)False

Q3) Customer service is anything that touches the customer.

A)True

B)False

Q4) Define and discuss Activity Based Costing, including its impact on profitability.

Q5) Compare and contrast the concepts of order-to-cash cycle time and order cycle time.

Q6) Customer service is of equal importance to both logistics and marketing.

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

Source URL: https://quizplus.com/quiz/24755

Sample Questions

Q1) Capital cost is also called interest or opportunity cost.

A)True

B)False

Q2) As Q decreases for EOQ, the cost per order:

A) increases.

B) decreases.

C) stays the same.

D) can't be determined.

Q3) JIT, MRP, and MRP II all incorporate some version of the basic EOQ model into their philosophies.

A)True

B)False

Q4) In the event of a "stockout" one of the things that could happen is:

A) the vendor's plant shuts down.

B) the cost of capital is increased.

C) the SCOR process would come into play.

D) extra shipping cost may be incurred.

Q5) EOQ can only be used for "push" inventory.

A)True

B)False

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) The primary facility operations focus is:

A) on the movement and storage of product.

B) on inventory control and personnel issues.

C) in making sure KPIs are fulfilled.

D) the WMS system.

Q2) Asset utilization is very important in a 3PL warehouse.

A)True

B)False

Q3) The roles of the distribution center include _____.

A) balancing supply and demand

B) protecting against uncertainty and promoting transportation economies

C) promoting transportation economies

D) balancing supply and demand, protecting against uncertainty, and promoting transportation economies

Q4) As the number of picks per order picker decreases on a given tour, his/her total time out _____ and the time per pick _____.

A) decreases; decreases

B) increases; increases

C) decreases; increases

D) increases; decreases

Page 12

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Chapter 11: Transportation

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38 Verified Questions

38 Flashcards

Source URL: https://quizplus.com/quiz/24757

Sample Questions

Q1) The main strategy behind routing guides is to:

A) maintain exact control.

B) comply with or enforce FOB terms.

C) promote supply chain excellence.

D) select between modes.

Q2) Software tools related to the movement of goods across the supply chain are lumped together in a general category called transportation management systems (TMS).

A)True

B)False

Q3) All modes of transportation provide the same basic service.

A)True

B)False

Q4) The railroads have not shared in the growth in transportation and so do not have any capacity issues.

A)True

B)False

Q5) Railroad's length of haul is longer than that of motor carriers.

A)True

B)False

Page 13

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Chapter 12: Aligning Supply Chains

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35 Verified Questions

35 Flashcards

Source URL: https://quizplus.com/quiz/24758

Sample Questions

Q1) Generally, there are two types of logistics relationships. Name both, and pick one to discuss in more detail.

Q2) A horizontal relationship refers to firms on the same level in the supply chain.

A)True

B)False

Q3) Horizontal collaboration refers to a relationship that is _____ and/or _____.

A) 3PLs to 3PLs; service provider to service provider

B) buyer to buyer; seller to seller

C) flat across the chain; involving partners equal in size

D) collaboration with horizontal; vertical competitors

Q4) How would you distinguish between a vendor, a partner, and a strategic alliance? What conditions would favor the use of each?

Q5) What does it take to have an area of "core competency"? Provide an example.

Q6) What are some of the more common "drivers" and "facilitators" of successful supply chain relationships?

Q7) What are the basic types of 3PL firms, and which are in most prevalent use?

Q8) Define what a "transactional" relationship is, and discuss how this occurs in logistics.

Q9) Define and discuss the term "4PL."

Page 14

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Chapter 13: Supply Chain Performance Measurement and Financial Analysis

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36 Verified Questions

36 Flashcards

Source URL: https://quizplus.com/quiz/24759

Sample Questions

Q1) Four major categories that provide a useful way to examine logistics and supply chain performance are time, quality, cost, and inventory.

A)True

B)False

Q2) Scorecards and key performance indicators (KPIs) are the same thing.

A)True

B)False

Q3) Discuss the differences between the terms metric, measure, and index.

Q4) Managers should resist sub-optimization of their particular function unless it benefits the organization as a whole.

A)True

B)False

Q5) An index:

A) combines two or more metrics into a single indicator.

B) is complex to define, usually involves a calculation, and is often in the form of a ratio. C) is easily defined with no calculations and with simple dimensions.

D) is any quantitative output of an activity or process.

Page 15

Q6) Discuss the revenue-cost savings connection and include the formula.

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Chapter 14: Supply Chain Technology

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41 Verified Questions

41 Flashcards

Source URL: https://quizplus.com/quiz/24760

Sample Questions

Q1) Which of the below is not part of the seven Rs of logistics?

A) Information

B) Cost

C) Quality

D) Place

Q2) The promise of driverless vehicles is a long-range prospect as much more testing and proof of concept will be needed to gain regulatory and public acceptance of truly driverless vehicles.

A)True

B)False

Q3) Why would companies choose to use on-demand software versus licensed software?

Q4) Managers have several options for software development and implementation. They include:

A) internal development.

B) third party logistics firms.

C) external software vendors.

D) all of these answers.

Q5) Describe how a supply chain information system enables process excellence and links the essential elements.

Q6) What is the role of enterprise resource planning systems in SCM?

To view all questions and flashcards with answers, click on the resource link above. Page 16

Chapter 15: Strategic Challenges and Change for Supply Chains

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35 Verified Questions

35 Flashcards

Source URL: https://quizplus.com/quiz/24761

Sample Questions

Q1) Which one of the various stages of sophistication and robustness associated with supply chain analytics focuses on questions such as what is likely to happen, what are the likely trends, and what are the results if certain events occur?

A) Descriptive

B) Predictive

C) Prescriptive

D) Cognitive

Q2) Name any five of the seven principles of supply chain management, and choose two to discuss in more detail.

Q3) IBM Watson is a prescriptive analytics system that can help to understand data, learn from it, and reason through it.

A)True

B)False

Q4) There is a strong feeling among some supply chain experts that the mitigation of risk is the best driver of sustainability initiatives.

A)True

B)False

Q5) Distinguish between a value stream and a waste stream for reverse flows.

To view all questions and flashcards with answers, click on the resource link above. Page 17

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