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Questions and Answers
What are the three flows that need to be considered in supply chain management?
What are the three flows that need to be considered in supply chain management?
- Information, goods, funds
- Information, product, resources
- Information, product, funds (correct)
- Information, labor, funds
What is the main objective of the supply chain?
What is the main objective of the supply chain?
- Maximize the product value
- Maximize the supply chain cost
- Minimize the customer value
- Maximize the net value generated (correct)
What is the supply chain surplus?
What is the supply chain surplus?
- Customer value plus supply chain cost
- Customer value minus supply chain cost (correct)
- Customer value divided by supply chain cost
- Customer value multiplied by supply chain cost
What does the supply chain profitability represent?
What does the supply chain profitability represent?
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What is the source of revenue for any supply chain?
What is the source of revenue for any supply chain?
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