27058015
Question 1
Question
Which is not a consequence of a poor SCM?
Answer
-
Loss of Productivity
-
Customer Complaints
-
Decreased Costs
-
Damage to Brand
Question 2
Question
According to the lecture videos, the biggest challenge companies often face in SCM is?
Answer
-
Flexibility to changes in demand
-
Ability to innovate
-
Supplier risk
-
Presence of competition
Question 3
Question
Scheduling people is not part of the short-term decisions SCM faces?
Answer
- True
- False
Question 4
Question
Which of the following is not part of medium-term decisions made by SC managers?
Answer
-
Lean principles
-
Inventory Management Principles
-
Sales and Operations Planning
-
Outsourcing
Question 5
Question
A centralized network configuration lends itself to which type of supply chain model?
Answer
-
Responsive
-
Short
-
Efficient
-
People-conscious
Question 6
Question
A functional product is likely to have?
Answer
-
High demand uncertainty
-
High product variety and low volume
-
Short product life
-
Low inventory cost
Question 7
Question
We seek to aggressively reduce lead time when using an efficient SC model?
Answer
- True
- False
Question 8
Question
Which of the following is more appropriate to a centralized network configuration?
Answer
-
Many points of sale
-
High distribution complexity
-
Higher product availability
-
High distribution cost per weight
Question 9
Question
Which of these is not a reason for outsourcing?
Answer
-
To decrease lead times
-
To focus on core competencies
-
To decrease flexibility and speed
-
To reduce and control costs
Question 10
Question
Which is not part of The Supply Chain Council (SCM) primary processes?
Answer
-
Planning
-
Sourcing
-
Engaging
-
Competing
Question 11
Question
When a company in the US obtains its resources or processes externally from Mexico, this is called?
Answer
-
Closeshoring
-
Nextshoring
-
Nearshoring
-
Bordershoring
Question 12
Question
According to the video, which of the following is not among the drivers of offshoring?
Answer
-
Market drivers
-
Social drivers
-
Political drivers
-
Technology drivers
Question 13
Question
When the strategic risk of offshoring is high and the potential for gain is also high, companies should?
Answer
-
Buy off the shelf
-
Enter into special contracts
-
Produce internally
-
Consult with competitor
Question 14
Question
Which of these is not a cost driver for offshoring?
Answer
-
Labor costs
-
Cost of risk sharing in joint ventures
-
Falling communication costs
-
Exchange rate fluctuations
Question 15
Question
A mix of a responsive and efficient supply chain model is referred to as?
Answer
-
A cost-efficient model
-
An agile model
-
A lean model
-
A minimal model
Question 16
Question
Offshoring will never have a negative effect on a company's core competencies
Answer
- True
- False
Question 17
Question
A responsive supply chain model is typically suitable for a functional product?
Answer
- True
- False
Question 18
Question
You would usually keep safety stocks when using which network configuration?
Answer
-
Decentralized
-
Centralized
-
Multi-networks
-
Single-network
Question 19
Question
Higher delivery responsiveness is an attribute of a decentralized network configuration
Answer
- True
- False
Question 20
Question
Which is not a pitfall of offshoring? Choose the best answer.
Answer
-
Exchange rate volatility
-
Lack of control over cost and quality
-
Inaccurate determination of overall product cost
-
All are pitfalls associated with offshoring
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