Quiz
Week 10: Introduction to Supply Chain Concepts
Questions in this quiz (20)
1Which is not a consequence of a poor SCM?
- ALoss of Productivity
- BCustomer Complaints
- CDecreased Costs
- DDamage to Brand
2According to the lecture videos, the biggest challenge companies often face in SCM is?
- AFlexibility to changes in demand
- BAbility to innovate
- CSupplier risk
- DPresence of competition
3Scheduling people is not part of the short-term decisions SCM faces?
- ATrue
- BFalse
4Which of the following is not part of medium-term decisions made by SC managers?
- ALean principles
- BInventory Management Principles
- CSales and Operations Planning
- DOutsourcing
5A centralized network configuration lends itself to which type of supply chain model?
- AResponsive
- BShort
- CEfficient
- DPeople-conscious
6A functional product is likely to have?
- AHigh demand uncertainty
- BHigh product variety and low volume
- CShort product life
- DLow inventory cost
7We seek to aggressively reduce lead time when using an efficient SC model?
- ATrue
- BFalse
8Which of the following is more appropriate to a centralized network configuration?
- AMany points of sale
- BHigh distribution complexity
- CHigher product availability
- DHigh distribution cost per weight
9Which of these is not a reason for outsourcing?
- ATo decrease lead times
- BTo focus on core competencies
- CTo decrease flexibility and speed
- DTo reduce and control costs
10Which is not part of The Supply Chain Council (SCM) primary processes?
- APlanning
- BSourcing
- CEngaging
- DCompeting
11When a company in the US obtains its resources or processes externally from Mexico, this is called?
- ACloseshoring
- BNextshoring
- CNearshoring
- DBordershoring
12According to the video, which of the following is not among the drivers of offshoring?
- AMarket drivers
- BSocial drivers
- CPolitical drivers
- DTechnology drivers
13When the strategic risk of offshoring is high and the potential for gain is also high, companies should?
- ABuy off the shelf
- BEnter into special contracts
- CProduce internally
- DConsult with competitor
14Which of these is not a cost driver for offshoring?
- ALabor costs
- BCost of risk sharing in joint ventures
- CFalling communication costs
- DExchange rate fluctuations
15A mix of a responsive and efficient supply chain model is referred to as?
- AA cost-efficient model
- BAn agile model
- CA lean model
- DA minimal model
16Offshoring will never have a negative effect on a company's core competencies
- ATrue
- BFalse
17A responsive supply chain model is typically suitable for a functional product?
- ATrue
- BFalse
18You would usually keep safety stocks when using which network configuration?
- ADecentralized
- BCentralized
- CMulti-networks
- DSingle-network
19Higher delivery responsiveness is an attribute of a decentralized network configuration
- ATrue
- BFalse
20Which is not a pitfall of offshoring? Choose the best answer.
- AExchange rate volatility
- BLack of control over cost and quality
- CInaccurate determination of overall product cost
- DAll are pitfalls associated with offshoring
Information
- Description
- Quiz on Week 10: Introduction to Supply Chain Concepts, created by Ade Sauer on 30/10/2020.
- Author
- Ade Sauer
- Language
- English
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