Supply Chain Management Quiz PDF

## Supply Chain Management Quiz **Which one does NOT necessarily increase Supply Chain surplus in an online shoe seller:** - None of them - Reduce total transportation costs - Reduce total storage costs - Reduce costs at an individual stage **Impacts/results due to the good coordination in the Su...

## Supply Chain Management Quiz **Which one does NOT necessarily increase Supply Chain surplus in an online shoe seller:** - None of them - Reduce total transportation costs - Reduce total storage costs - Reduce costs at an individual stage **Impacts/results due to the good coordination in the Supply Chain of a textile firm:** - Inventory cost increases - **Replenishment lead time decreases** - Profitability decreases - Transportation cost increases **Agile Intercompany Scope refers to:** - A company's aim to increase the supply chain surplus in collaboration with other companies in the supply chain. - A company's functional strategies developed to align with one another and with the competitive strategy. - A company's alignment of all operations within a function. - **A company's ability to achieve strategic fit when partnering with supply chain stages that change over time.** **Which of the following reasons apply when a company decides to outsource one function of its supply chain?** - Increase the risk - Increase the cost - Outsource a core competence function - **Get economies of scale** **Which one is NOT a strategic Supply Chain decision?** - Location of facilities - Outsource supply chain functions - Modes of transportation - **Product price** **Which of the following statements is FALSE?** - High-volume products should be sourced from an offshore supplier - Uncertain demand products should be sourced from an onshore supplier - Heavy products should be sourced from an onshore supplier - **Innovative products should be sourced from an offshore supplier** **Question 7** **During the supply chain strategy or design decision phase:** - The time horizon considered is a quarter to a year - **A company decides the chain's configuration, resources and processes** - Operating policies are decided - Decisions regarding customer orders are taken **Understanding that two of the main drivers of a Supply Chain are the costs to operate and the responsiveness to customers, please, identify which of the following elements is not necessary to be established when defining the SC network:** - Production lines - Call Centers - **Cross-dock facilities** - Number of manufacturing plants **One company is the leader in the market of appliance products. They are planning to launch a new model of washing machine that regulates the usage of power detecting the degree of dirt in the clothes. The design of the new washing machine has been done based on electronic components existing in the market. Which of the following statements is true:** - The Supply Chain surplus provided by a third party producing electronic components is high because they will likely have lower production costs. - The Supply Chain surplus provided by a third party producing electronic components is high because the appliance company scale is high. - The Supply Chain surplus provided by a third company producing electrical components is high because the uncertainty of the demand is low. **Company A is going to launch a new mobile phone in US, that is fully produced in Asia. Which transportation mode will be the most suitable to deliver the product from Asia to US?** - Water (sea vessel) - Package carriers - Air - Rail **While deciding about the capacity of one production location, which of the following is TRUE:** - Allocating too little capacity as compared with expected demand will result in poor responsiveness if demand is not satisfied or low cost if demand is filled from a distant facility. - **Allocating too much capacity as compared with expected demand will result in poor utilization and higher costs.** - Allocating too much capacity as compared with expected demand will result in high utilization and higher costs. - Allocating too little capacity as compared with expected demand will result in good responsiveness if demand is not satisfied or low cost if demand is filled from a distant facility. **To achieve strategic fit, a company:** - Persists on its existing supply chain strategy when the competitive landscape is disrupted. - Needs to isolate its problems by department, and solve them independently using a divide-and-conquer tactic. - Needs to meet a very high service level. - **Must revise and probably change its supply chain strategy over the product life-cycle.** **A Company focusing on cost leadership will decide on the production location based on:** - Being far away from the market they serve - Being closer to the market they serve - **Lowest production cost location** - High-cost location being able to serve quickly **With vendor-managed inventory, which one is FALSE:** - POS data is useful for replenishment - The wholesaler or manufacturer replenishes/manages inventory - The retailer supplies demand information - **The retailer replenishes/manages inventory** **Which of the following statements is FALSE?** - A low-cost supplier offshore should produce a mature product with a high volume. - **A responsive supplier should produce products with a high risk of becoming obsolete.** - A low-cost supplier offshore should produce a high-cost product with uncertain demand. - Responsive suppliers should produce products with short life cycles and high-quality. **The bullwhip effect is NOT caused by:** - Lack of coordination among participants - System delays - Price variability and promotions - **Common objectives across the Supply Chain** **Which of the following is included in the Post-Ownership Cost of TCO?** - Delivery Cost - Taxes and Duties - Manufacturing Cost - **Environmental Cost** **Company A produces basmati rice in Asia and serves customers in Europe, who later on will package it with the final label and distribute it locally. Which transportation mode will be the most convenient to deliver the basmati rice to Europe from Asia?** - Air - **Water (Sea Vessel)** - Rail - Truck