Ade Sauer
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Quiz on Week 10: Introduction to Supply Chain Concepts, created by Ade Sauer on 30/10/2020.

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Ade Sauer
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Week 10: Introduction to Supply Chain Concepts

Question 1 of 20

1

Which is not a consequence of a poor SCM?

Select one of the following:

  • Loss of Productivity

  • Customer Complaints

  • Decreased Costs

  • Damage to Brand

Explanation

Question 2 of 20

1

According to the lecture videos, the biggest challenge companies often face in SCM is?

Select one of the following:

  • Flexibility to changes in demand

  • Ability to innovate

  • Supplier risk

  • Presence of competition

Explanation

Question 3 of 20

1

Scheduling people is not part of the short-term decisions SCM faces?

Select one of the following:

  • True
  • False

Explanation

Question 4 of 20

1

Which of the following is not part of medium-term decisions made by SC managers?

Select one of the following:

  • Lean principles

  • Inventory Management Principles

  • Sales and Operations Planning

  • Outsourcing

Explanation

Question 5 of 20

1

A centralized network configuration lends itself to which type of supply chain model?

Select one of the following:

  • Responsive

  • Short

  • Efficient

  • People-conscious

Explanation

Question 6 of 20

1

A functional product is likely to have?

Select one of the following:

  • High demand uncertainty

  • High product variety and low volume

  • Short product life

  • Low inventory cost

Explanation

Question 7 of 20

1

We seek to aggressively reduce lead time when using an efficient SC model?

Select one of the following:

  • True
  • False

Explanation

Question 8 of 20

1

Which of the following is more appropriate to a centralized network configuration?

Select one of the following:

  • Many points of sale

  • High distribution complexity

  • Higher product availability

  • High distribution cost per weight

Explanation

Question 9 of 20

1

Which of these is not a reason for outsourcing?

Select one of the following:

  • To decrease lead times

  • To focus on core competencies

  • To decrease flexibility and speed

  • To reduce and control costs

Explanation

Question 10 of 20

1

Which is not part of The Supply Chain Council (SCM) primary processes?

Select one of the following:

  • Planning

  • Sourcing

  • Engaging

  • Competing

Explanation

Question 11 of 20

1

When a company in the US obtains its resources or processes externally from Mexico, this is called?

Select one of the following:

  • Closeshoring

  • Nextshoring

  • Nearshoring

  • Bordershoring

Explanation

Question 12 of 20

1

According to the video, which of the following is not among the drivers of offshoring?

Select one of the following:

  • Market drivers

  • Social drivers

  • Political drivers

  • Technology drivers

Explanation

Question 13 of 20

1

When the strategic risk of offshoring is high and the potential for gain is also high, companies should?

Select one of the following:

  • Buy off the shelf

  • Enter into special contracts

  • Produce internally

  • Consult with competitor

Explanation

Question 14 of 20

1

Which of these is not a cost driver for offshoring?

Select one of the following:

  • Labor costs

  • Cost of risk sharing in joint ventures

  • Falling communication costs

  • Exchange rate fluctuations

Explanation

Question 15 of 20

1

A mix of a responsive and efficient supply chain model is referred to as?

Select one of the following:

  • A cost-efficient model

  • An agile model

  • A lean model

  • A minimal model

Explanation

Question 16 of 20

1

Offshoring will never have a negative effect on a company's core competencies

Select one of the following:

  • True
  • False

Explanation

Question 17 of 20

1

A responsive supply chain model is typically suitable for a functional product?

Select one of the following:

  • True
  • False

Explanation

Question 18 of 20

1

You would usually keep safety stocks when using which network configuration?

Select one of the following:

  • Decentralized

  • Centralized

  • Multi-networks

  • Single-network

Explanation

Question 19 of 20

1

Higher delivery responsiveness is an attribute of a decentralized network configuration

Select one of the following:

  • True
  • False

Explanation

Question 20 of 20

1

Which is not a pitfall of offshoring? Choose the best answer.

Select one of the following:

  • Exchange rate volatility

  • Lack of control over cost and quality

  • Inaccurate determination of overall product cost

  • All are pitfalls associated with offshoring

Explanation

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