| Question 1 of 20 |
5.0 Points |
Companies in any supply chain must make decisions individually and collectively regarding their actions in five key performance areas that include which one of the following?
| A. Throughput |
| B. Vertical integration |
| C. Relationship to retailers |
| D. Production |
|
| Question 2 of 20 |
5.0 Points |
Similarities in strategy between the case studies Alexander the Great and Wal-Mart include which of the following?
| A. Both had little regard for relationship management. |
| B. Supply was arranged after operations were set up. |
| C. Supply preceded operations. |
| D. There were no similarities. |
|
| Question 3 of 20 |
5.0 Points |
Of the SC drivers, __________ costs continue to drop, while costs associated with other SC drivers continue to rise.
| A. production |
| B. information |
| C. inventory |
| D. transportation |
|
| Question 4 of 20 |
5.0 Points |
Factories can be built to accommodate which of the following approaches to manufacturing?
| A. Just-in-time |
| B. Stock-keeping storage |
| C. Product focus |
| D. Flow through approach |
|
| Question 5 of 20 |
5.0 Points |
There are some basic decisions to make regarding the creation and holding of inventory that result in three basic types of inventory. Trade-offs common to all three include which of the following?
| A. Lost sales |
| B. Higher ordering costs |
| C. Flexible capabilities |
| D. Carrying costs |
|
| Question 6 of 20 |
5.0 Points |
Which of the following is true about transportation?
| A. The higher the value of a product, the more its transport network should emphasize responsiveness. |
| B. The lower the value of a product, the more its network should emphasize responsiveness. |
| C. The higher the value of a product, the less its transport network should emphasize responsiveness. |
| D. All products should have an efficiency emphasis because transportation costs can be as much as one-third of operating costs. |
|
| Question 7 of 20 |
5.0 Points |
Warehouses can be built to accommodate which of the following approaches?
| A. Functional focus |
| B. Safety stock |
| C. Stock-keeping unit storage |
| D. Seasonal focus |
|
| Question 8 of 20 |
5.0 Points |
SC participants, such as service providers and distributors, are defined as which of the following?
| A. Basic group participants |
| B. Extended SC participants |
| C. General participants |
| D. Unnecessary participants |
|
| Question 9 of 20 |
5.0 Points |
Which scenario best describes direct channel distribution?
| A. Producer sells to retailer … who sells to customer |
| B. Manufacturer sells to wholesaler … who sells to customer who sells to retailer … who sells to customer |
| C. Producer sells to agent … who sells to wholesaler … who sells to retailer |
| D. Manufacturer sells to consumer or end user |
|
| Question 10 of 20 |
5.0 Points |
Which of the following statements is correct regarding core competencies?
| A. A company should always be looking for ways to leverage its core-competencies. |
| B. A company should focus on segmenting to gain economies of scale. |
| C. Select suppliers that have the same skills as your company. |
| D. Select suppliers with core competencies that are least flexible. |
|
| Question 11 of 20 |
5.0 Points |
Which of the following statements is true with regard to developing supply chain capabilities?
| A. Capabilities are determined before performance drivers are identified. |
| B. Capabilities are developed before the market that a company will serve is identified. |
| C. Capabilities are not really relevant once core-competencies are determined. |
| D. Wal-Mart’s success is directly related to evolving capabilities that continually improve its supply chains. |
|
| Question 12 of 20 |
5.0 Points |
Which of the following statements is true about a SC?
| A. A company’s supply chain is an integral part of its approach to the market it serves. |
| B. The response to market requirements does not necessarily have to tie to the company’s strategy. |
| C. A company should deliver responsiveness or efficiency, but not both. |
| D. The first step in SC alignment is to develop SC capabilities. |
|
| Question 13 of 20 |
5.0 Points |
Who makes the decision to utilize one distribution channel over another?
| A. Retailer of products |
| B. Producer of products |
| C. Wholesale of products |
| D. Supplier of products |
|
| Question 14 of 20 |
5.0 Points |
Vertical integration is defined as which of the following?
| A. A company attempting to own its SC |
| B. A virtual company |
| C. The practice of outsourcing |
| D. Different divisions serving different markets |
|
| Question 15 of 20 |
5.0 Points |
Information used in any SC includes which of the following?
| A. Carefully protecting information so as not to share with other companies |
| B. Planning and training |
| C. Coordinating daily activities |
| D. Forecasting and warehouse management |
|
| Question 16 of 20 |
5.0 Points |
Alliance characteristics include which of the following?
| A. Exclusive agreements |
| B. Horizontal structure |
| C. A channel leader be established |
| D. Vertical structure |
|
| Question 17 of 20 |
5.0 Points |
Which of the following typically drives distribution channels?
| A. Producer |
| B. Retailers |
| C. Wholesales |
| D. Suppliers |
|
| Question 18 of 20 |
5.0 Points |
Which of the following attributes have been identified by Chopra and Meindl to help clarify requirements for different types of customers?
| A. The type of order system your customers can use |
| B. The response time that customers are willing to tolerate |
| C. The acceptable cost of materials |
| D. The life cycle of a product |
|
| Question 19 of 20 |
5.0 Points |
A distribution strategy can take different forms that include which of the following?
| A. Level |
| B. Market |
| C. Selective |
| D. Direct |
|
| Question 20 of 20 |
5.0 Points |
Which statement is true about Wal-Mart’s distribution channel?
| A. Suppliers are channel leaders. |
| B. Wal-Mart is the channel leader. |
| C. Suppliers are channel captains. |
| D. Suppliers have limited access to data. |
|
