Magic Conveyor Belt Book - SCMG 232 Final
CH 10. What did the meat scandal reveal about the supply chain in Europe? A. The little visibility food sellers have to their supply chain. B. Companies are not responsible for their supplier's actions. C. There are no regulations that require meat testing..
A. The little visibility food sellers have to their supply chain.
CH 11. True or false: a) Buying from a local source is always more sustainable than long-distance sourcing. b) Growing flowers in a local greenhouse always emits less carbon than flying flowers in an aircraft.
A. True B. False
CH 5. What is the primary difference between direct operations and consolidated operations within the transportation context? A. Direct operations involve multiple passengers sharing the same vehicle, while consolidated operations involve individual cargo transport. B. Direct operations are similar to a taxi service where cargo is taken directly from origin to destination, whereas consolidated operations are akin to mass transit service with shared transport and potential vehicle changes. C. Consolidated operations are faster than direct operations as they involve direct routes without any stops. D. Direct operations require cargo to change vehicles at a hub terminal, unlike consolidated operations.
B. Direct operations are similar to a taxi service where cargo is taken directly from origin to destination, whereas consolidated operations are akin to mass transit service with shared transport and potential vehicle changes.
CH 18. What is a digital twin and how is it used in the context of supply chains and business environments? A. A digital twin is a basic computer model used for a visual representation of physical assets. B. It is an advanced AI system that replaces the need for physical assets in supply chains. C. A digital replica of a physical system, continuously updated with real data, used for operational, performance improvement, and strategic purposes. D. A static digital model is used for marketing purposes and has no operational relevance.
C. A digital replica of a physical system, continuously updated with real data, used for operational, performance improvement, and strategic purposes.
CH 17. Which three global trends are shaping the future of supply chains and their workforce? A. Reduction in trade wars, increase in young workforce, global warming. B. Stable economies, wars and instability, and changes in consumer behavior. C. Development of global logistics networks, workforce reduction due to automation, and a decreased focus on sustainability. D. Rising levels of volatility, uncertainty, complexity, and ambiguity (VUCA), demographic and geographic shifts in the world population, and the expansion of information technologies.
D. Rising levels of volatility, uncertainty, complexity, and ambiguity (VUCA), demographic and geographic shifts in the world population, and the expansion of information technologies.
CH 6. The causes of truck drivers shortage in the US are: select all that apply. a) Detention time - loading and unloading waiting time. b) Low pay - truck drivers are paid less than 50k per year c) Health and safety d) Treatment from warehouse management
a) Detention time - loading and unloading waiting time.
CH13. According to the author, which of the following statements is correct? a) For low-margin products such as medical gloves, companies maintain low inventory. b) For low-margin products such as medical gloves, companies maintain high inventory. c) Companies always have the same safety stock regardless of the margin. d) There is no correlation between profit margin and safety stock.
a) For low-margin products such as medical gloves, companies maintain low inventory.
CH 6. How does the "Golden Screw" concept apply to supply chain? a) Supply chain is an interconnected system. Distribution in one key part impacts the rest of the chain. b) Manufacturing is the most important part of supply chain. c) Inventory and logistics are the golden screw in supply chain
a) Supply chain is an interconnected system. Distribution in one key part impacts the rest of the chain.
CH 13. 1. What does "resiliency" mean in supply chain? a) The ability of a supply chain to quickly adapt to and recover from disruptions, such as natural disasters or market changes. b) The capacity of a supply chain to transport goods at the lowest possible cost. c) The strategy of having multiple suppliers for each product to ensure competitive pricing. d) The process of implementing environmentally sustainable practices in the supply chain.
a) The ability of a supply chain to quickly adapt to and recover from disruptions, such as natural disasters or market changes.
CH 11. What does the author think about measuring the company's supply chain without considering its supplier's emissions? a) The author thinks that companies should consider their supply chain emission because otherwise, companies can outsource their polluting operations to reduce their internal carbon footprint. b) The author thinks that companies should not consider their supply chain emission because companies don't control their supplier's emissions. c) The author thinks that companies should not consider their supply chain emission because this leads to double counting of carbon emissions (more than one buyer includes the supplier's emission in their calculations".
a) The author thinks that companies should consider their supply chain emission because otherwise, companies can outsource their polluting operations to reduce their internal carbon footprint.
CH 11. What is life cycle assessment? a) Used to determine emission across all stages of a product life cycle. b) Used to determine the impact of a product on profit throughout its life cycle. c) Used to track logistics throughout a product life cycle. d) Used to assess and track the certification of a product throughout its life cycle.
a) Used to determine emission across all stages of a product life cycle. b) Used to determine the impact of a product on profit throughout its life cycle.
CH 18. What is the AI Black Box problem? a. AI providing answers without explanation. b. AI keeping archives of all communication. c. AI hallucination issues. d. All of the above.
a. AI providing answers without explanation
CH 18. One of the future trends the author foresees is: a. Allowing workers to create their own AI-based systems for their jobs. b. Companies will stop using AI-based systems because of security and privacy issues. c. Governments will ban AI-based systems to protect the labor force. d. All of the above.
a. Allowing workers to create their own AI-based systems for their jobs.
CH 16. What is the main drawback of automated systems? a. Automated systems don't understand context or moral code. b. Automated systems don't understand commands. c. Automated systems are expensive. d. Automated systems are changing.
a. Automated systems don't understand context or moral code.
CH 17. Why is it challenging to adopt new technologies in supply chain? a. Because of the need to coordinate adaption across the supply chain not only a single organization b. Because supply chains are controlled by a few companies who resist changes. c. Because technologies are always changing and supply chain is rigid. d. Because supply chain operations are mostly done using old technologies.
a. Because of the need to coordinate adaption across the supply chain not only a single organization
CH 15. What is an "office Cobots"? a. Cobots that automate routine work of office workers b. Cobots that manage security at office buildings c. Cobots that automate office mail delivery process
a. Cobots that automate routine work of office workers
CH 17. The author believes that the future of supply chain faces two-stage challenge. What are these challenges? a. Having the machinery and labor to create affordable goods and services, having the skilled labor force. b. Government regulations and global competition. c. The increased price of raw materials, and economic depression. d. New trends that are hard to keep up with, and rapid use of social media.
a. Having the machinery and labor to create affordable goods and services, having the skilled labor force.
CH 17. What is "Industry 5.0?" a. Integration of machines in Industry 4.0 with people and planet. b. The use of data to make better decisions. c. The use of technologies to track parts across supply chain. d. Industry 5.0 is still in the early stages and does not have a clear definition.
a. Integration of machines in Industry 4.0 with people and planet.
CH 10. Which of the following statements is true: a. The EU traceability rules require traceability for all human food and animal feed. b. Government regulations have minimal impact on supply chain because they are country-specific. c. The EU does not have traceability rules for the food industry.
a. The EU traceability rules require traceability for all human food and animal feed.
CH 15. The author used "Moxi" example in nursing to illustrate: a. Using Cobots to help nurses in logistical tasks b. Using Cobots to help nurses remember the time when medicine should be given c. sing Cobots in easy tasks such as taking blood pressure and patient temperature
a. Using Cobots to help nurses in logistical tasks
CH 13. Which of the following is a challenge that faces "onshoring?" a) Support from local government. b) Finding a skilled workforce. c) Finding land and resources to build factories. d) Oil prices and environmental impact.
b) Finding a skilled workforce.
CH 13. How does standardization impact supply chain? a) Standardization leads to longer lead time because it takes longer to make and ship the items. b) Standardization leads to flexibility leading to resilience. c) Standardization leads to inflexibility and higher competition. Standardization makes it harder for companies to switch to different processe
b) Standardization leads to flexibility leading to resilience.
CH 11. The author argues that: a) Supply chain is good for the environment because it allows carbon to be traded in the market leading to lower carbon emissions. b) Supply chain uses earth resources and impacts carbon emissions. c) Supply chain does not impact the environment; however, the environment impacts supply chain. d) Companies don't try to lower carbon emissions because it is economically unsustainable.
b) Supply chain uses earth resources and impacts carbon emissions.
CH 15. What did the author mean by "Cobots as intermediaries? a. Cobots that work as brokers between buyers and sellers b. Cobots that work as retailers connecting manufacturing companies and customers c. Translation Cobots
b. Cobots that work as retailers connecting manufacturing
CH 15. What is "Cobots"? a. Robots co-locating in the same area. b. Combining people and technology. c. Workers training robots to do their jobs.
b. Combining people and technology.
CH 18. The author references five principles to help companies optimize collaboration between humans and AI. What are these five principles? a. Using AI to train employees, moving jobs to countries with skilled labor, increasing focus on sustainability, allowing employees to work from home, and using technology responsibly. b. Reimaging processes, embracing employee involvement, directing AI strategy, collecting data responsibly, and directing AI starting actively. c. Focusing on reducing cost, investing in new technologies, decentralizing organization structure, providing education to new employees, and switching to renewable energy.
b. Reimaging processes, embracing employee involvement, directing AI strategy, collecting data responsibly, and directing AI starting actively.
CH 5. What factors contribute to the delay of shipments, such as T-shirts, when being transported from Asia to the US? a. Due to congestion at ports, vehicles are set to leave according to a fixed time and schedule. b. Since the operational costs of a vehicle remain constant regardless of whether it is empty or partially loaded, vehicles are scheduled to depart only after accumulating enough cargo to make the trip financially worthwhile. c. Delays are not easily explained as technology ensures products, individuals, and information typically arrive punctually. d. The variability in demand for different modes of transportation makes scheduling shipments complex, which can result in delays.
b. Since the operational costs of a vehicle remain constant regardless of whether it is empty or partially loaded, vehicles are scheduled to depart only after accumulating enough cargo to make the trip financially worthwhile.
CH 16. How does the author view the social relationship in the supply chain? a. Social relationships and networks hurt supply chain because they build an unstructured organization within the organization. b. Social relationships and networks benefit supply chain because they provide unstructured information about what is happening. c. Social networks don't have an impact on supply chain because companies invested in making supply chain rigid and structured.
b. Social relationships and networks benefit supply chain because they provide unstructured information about what is happening.
CH 16. Why are soft skills considered important in supply chain management? (chapter 16) a. Soft skills are generally less important than technical skills in managing supply chains. b. Soft skills, such as resilience, critical thinking, and the ability to understand context, play a crucial role in adapting to changes and solving problems in supply chain operations. c. The trend is shifting towards replacing soft skills with advanced software algorithms for increased efficiency. d. Soft skills are relevant only in the customer service segment of supply chain management.
b. Soft skills, such as resilience, critical thinking, and the ability to understand context, play a crucial role in adapting to changes and solving problems in supply chain operations.
CH 5. What are some key challenges and considerations in long-distance supply chains involving multimodal transportation, as illustrated by the shipment of a T-shirt? a. The streamline and simplicity of operations and the minimal need for skilled operators in multimodal transportation. b. The challenges include managing numerous vehicles and skilled operators, dealing with delays due to inspections and audits, and the economic considerations of freight vehicle operations. c. The primary challenge is the lack of information about schedule and freight, in addition to the lack of consolidation services. d. The focus is solely on using the most advanced vehicles, regardless of their capacity or operational costs.
b. The challenges include managing numerous vehicles and skilled operators, dealing with delays due to inspections and audits, and the economic considerations of freight vehicle operations.
CH 11. Why is it difficult for companies to address social sustainability in their supply chain? a) Companies don't want to spend money to improve the lives of poor communities. b) Companies are not responsible for the social sustainability of their 3rd tier suppliers. c) Companies don't have visibility to all tiers of their supply chain.
c) Companies don't have visibility to all tiers of their supply chain.
CH 15. Why did Mercedes cut the number of robots in some of its plants? a. Robots were breaking and AI enabled machines were "hallucinating" b. Shortage in the supply of robots due to the pandemic c. Flexibility of humans outperformed the robots ability to perform changing tasks.
c. Flexibility of humans outperformed the robots ability to perform changing tasks.
CH 6. What is the "Golden Screw" phenomena? a. Same as Golden Rule of 80%, 20% b. Keeping inventory above the safety stock level to keep production line moving. c. One small missing part can prevent a factory from finishing production.
c. One small missing part can prevent a factory from finishing production
CH 10. Free trade zones are beneficial because they: a. Give tax credit to startups. b. Decrease transportation costs. c. Protect local jobs while encouraging global trade.
c. Protect local jobs while encouraging global trade.
CH 16. According to the author, why is it risky to rely entirely on automation? a. Systems are flexible and can change without human intervention. b. System failure will have a major impact on business. c. Risk of cyber-attacks. d. Regulations and labor unions.
c. Risk of cyber-attacks.
CH 10. One of the drawbacks of government regulations is: a. They are hard to interpret because they are written in different languages. b. Companies always break them without penalties. c. They lead to trade wars between countries.
c. They lead to trade wars between countries.
CH 13. what are some of the challenges in adopting "supplier redundancy" in supply chain? a) Losing volume discount. b) Finding a supplier with the right capabilities. c) The greater the number of suppliers, the greater the risk of one of them having a social or environmental issue that may impact the company's reputation. d) All of the above. e) A and b
d) All of the above.
CH 13. Which of the following is NOT a strategy companies use to increase supply chain resiliency? a) Redundancy b) Flexibility Through Standardization c) Flexibility Through Collaboration d) Concentrating procurement with a single supplier to streamline purchasing processes.
d) Concentrating procurement with a single supplier to streamline purchasing processes.
CH 17. How does migration impact supply chain? a. Brings new consumers and workforce to destination countries. b. Adds to the aging population. c. Increases the use of transportation. d. All of the above.
d. All of the above.
CH 10. How do trade regulations such as tax and sanctions impact supply chain? a. Companies can't buy or sell to certain countries. b. Tax laws don't impact the supply chain's location because most supply chains are global. c. Regulations are always ineffective in protecting the environment. d. Tax laws impact the location of supply chain operations.
d. Tax laws impact the location of supply chain operations.
CH 5. What does "consolidated operations" in transportation refer to? a. The practice of using only one type of transportation mode for all deliveries. b. The strategy of outsourcing transportation logistics to a third-party provider. c. The method of using advanced technology to track and manage fleet movements. d. The process of merging several small shipments from different customers into a single larger shipment.
d. The process of merging several small shipments from different customers into a single larger shipment.
CH 15. The types of Cobots are: a. Creative b. Intermediaries c. Computational d. Office e. Factory f. Logistics g. All of the above
g. All of the above