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Supply Chain and Network Design Objectives Quiz

Test your knowledge on supply chain and network design objectives with this quiz. Questions cover aspects such as transportation management, profit maximization, international techniques, and material/product, information, and financial management.

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@TrustworthyBaltimore
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Questions and Answers

What is the primary focus of facility operations?

On the movement and storage of product

What is the main purpose of data synchronization?

Timely and accurate updates

What do Scorecard and Key Performance Indicators (KPIs) refer to?

Metrics

What supports the modern logistics management approach?

<p>The SCOR concept developed by the Supply Chain Council</p> Signup and view all the answers

What important tradeoff must be considered in logistics management?

<p>Transportation</p> Signup and view all the answers

What is the key function of Supply Chain software?

<p>All of these answers</p> Signup and view all the answers

What is the primary objective of a network design model?

<p>To establish the number, location, and size of finished goods distribution centers and associated product flows</p> Signup and view all the answers

What initially drove globalization?

<p>Seeking materials and goods not available in their own land</p> Signup and view all the answers

Which aspect provides managers with knowledge needed for effective situational assessments?

<p>Visibility</p> Signup and view all the answers

What is another name for a demand-driven system?

<p>A pull system</p> Signup and view all the answers

How has the application of Internet technology impacted order management processes?

<p>Increase the velocity of cashback to the selling organization</p> Signup and view all the answers

What should the Supply Chain do regarding transportation costs according to the text?

<p>Manage all aspects of transportation, selecting the least cost when possible</p> Signup and view all the answers

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