Chap 1 Ques
True
According to the textbook, the end-product manufacturer is considered the focal firm in modern supply chains.
True
According to the textbook, the keys to successful SCM include trust and honest, accurate communications between supply chain partners.
B. Walmart
According to the textbook, which of the following companies has established a goal of reducing energy costs and greenhouse gas emissions by 30 percent in their new stores by the end of 2010?
B. Operations
Assembly or production of finished products, producing the right amount of product, and ensuring that finished products meet specific quality, cost, and customer service requirements are all important issues that are most closely related to:
False
Effective supply chain management relies on competitive bidding, corporate privacy, and contracts based on short-term performance.
False
Future trends in supply chain management include increasing inventory levels and considering the elimination of logistics intensive online retailing.
True
Future trends in supply chain management include increasing supply chain responsiveness and considering the negative environmental impacts of supply chains.
True
The Internet and ERP systems have made global teamwork both possible and necessary for companies trying to compete in today's global marketplace.
True
The assembly or production of finished products, producing the right amount of product, and ensuring that finished products meet specific quality, cost, and customer service requirement can all be considered elements of operations.
D. Components Manufacturer
A certain supply chain is made up of : 1. Raw Materials Supplier 2. Components Manufacturer 3. A firm that manufacturers Sub-assembles 4. End Item Manufacturer 5. Wholesale Distributor 6. Local Retail Chain Warehouse Who is considered the End Item Manufacturer's second tier supplier?
A. Raw materials Supplier
A certain supply chain is made up of: 1. Raw Materials Supplier 2. Components Manufacturer 3. A firm that manufacturers Sub-assembles 4. End Item Manufacturer 5. Wholesale Distributor 6. Local Retail Chain Warehouse Who is considered the second tier supplier of the firm that manufacturers Sub- assemblies?
C. Purchasing, operations, distribution, integration
According to the text, the FOUR important elements of supply chain are:
D. Reliable service, Agile demand-driven supply, and Affordable differentiation
According to the textbook, Proctor and Gamble is developing capabilities in three areas to create value for retail customers and also drive growth for their company's businesses. These capabilities include:
False
According to the textbook, retail stores are considered the focal firms in modern supply chains.
True
According to the textbook, supply chains include raw material suppliers, intermediate component manufacturers, end-product manufacturers, wholesale distributors, and retailers.
False
According to the textbook, supply chains include raw materials suppliers, intermediate component manufacturers, end-product manufacturers, but they do not include warehouses and retailers.
B. Toyota
Lean production is typically associated with which of the following company's production systems?
True
Reverse logistics activities include the return of defective and damaged items to the manufacturer, and the recycling of used packaging.
False
Reverse logistics include negotiating purchasing contracts with suppliers and delivering small shipment from manufacturer to distribution centers.
C. The sharing of information between supply chain partners
Successful modern SCM typically includes the practice of:
True
Successful supply chain integration in a retail industry occurs when supply chain participants realize that the needs and desires of the end item retailer dictate the objectives and policies of all the other supply chain participants.
False
Successful supply chain integration occurs when supply chain participants realize that the needs and desires of the end item manufacturer dictate the objectives and policies of all the other supply chain participants.
False
The assembly or production of finished products, producing the right amount of product, and ensuring that finished products meet specific quality, cost, and customer service requirements can all be considered elements of logistics.
False
The bullwhip effect is the result of companies producing excessive defective products; defective items are whipped back from the end customer toward the manufacturer of the defect.
A. 1980s
The term SCM and the field of study it represents today seems to have emerged in the:
False
The universally accepted definition of SCM is "the management and integration of the parties involved in producing the end items coveted by consumers."
E. Distribution
Transportation management, customer relationship management, network design, and service response logistics are all important issues that are most closely related to:
True
Trucking companies, airfreight shipping companies, and information system providers can all be considered service providers to the supply chain.
C. MRP- Manufacturing Responsiveness and Planning
Which of the following acronyms is NOT paired with its correct "translation"?
D. ERP- Estimated Response Parameters
Which of the following acronyms is NOT paired with its correct "translation?
B. ISO 9000
Which of the following is an example of an internationally recognized supplier certification program focused on quality?
D. all of these
Which of the following is an illustration of a company that has vertically integrated?
B. Strategic partnerships are seen as one of the foundations of supply chain management
Which of the following statements is TRUE?
A. Business process reengineering
Which of the following was a popular way in the 1990s of developing radically new business processes in an effort to reduce waste and increase performance?
B. A firm that leases storage warehousing
Which of the following would be considered a third party provider?