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Questions and Answers
What is the primary objective of supply chain management?
What is the primary objective of supply chain management?
- To maximize customer service
- To increase the number of suppliers
- To minimize the total supply chain cost
- To synchronize supply and demand (correct)
Which of the following is not typically considered a facility within a supply chain?
Which of the following is not typically considered a facility within a supply chain?
- Data centers (correct)
- Factories
- Warehouses
- Retail outlets
What is the bullwhip effect in supply chain management?
What is the bullwhip effect in supply chain management?
- The reduction of costs due to effective management
- The amplification of demand variability (correct)
- The smoothing of supply chain operations
- The decrease in product quality over time
Which of the following is not a function or activity of supply chain management?
Which of the following is not a function or activity of supply chain management?
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What is the sequence of organizations and activities involved in producing and delivering a product or service known as?
What is the sequence of organizations and activities involved in producing and delivering a product or service known as?
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What is the bullwhip effect?
What is the bullwhip effect?
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What are the elements of supply chain management?
What are the elements of supply chain management?
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What is a supply chain?
What is a supply chain?
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What is the objective of supply chain management?
What is the objective of supply chain management?
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Why is there a need to manage a supply chain?
Why is there a need to manage a supply chain?
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