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

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