Supply Chain Management Quiz

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Questions and Answers

What is the main focus of supply chain management?

Minimizing costs for raw materials manufacturers
Maximizing service levels for wholesalers and distributors
Maximizing profits for end product manufacturers
Integrating suppliers, manufacturers, warehouses, and stores to produce and distribute merchandise efficiently (correct)

What connects raw materials manufacturers, intermediate products manufacturers, end product manufacturers, wholesalers, and retailers in the supply chain?

Financial transactions
Transportation and storage activities (correct)
Legal agreements
Marketing campaigns

What are the key factors that supply chain management aims to minimize?

Retailers' operational costs
End product manufacturing costs
Transportation and storage costs
System wide costs while satisfying service level requirements (correct)

What are the activities through which the supply chain is integrated?

<p>Information, planning, and integration activities (B)</p> Signup and view all the answers

What is the ultimate goal of supply chain management?

<p>To produce and distribute merchandise at the right quantities, to the right locations, and at the right time (D)</p> Signup and view all the answers

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