final

The critical path is the shortest path through the network. T/F

False

The development of functional silos within an organization is considered a key component to achieving successful supply chain process integration. T/F

False

Traditional performance measures tend to link current operating characteristics to long-term strategies and objectives. T/F

False

Supply chain perfect order fulfillment performance measures the average percentage of orders that are filled on or before the requested delivery date. T/F

False (supply chain delivery performance)

A model used for integrating supply chains and measuring partner performance is the SCOR model which separates supply chain operations into four categories: Sourcing, Costs, Operations, and Returns. T/F

False

According to the textbook, the five basic modes of transportation are motor, rail, air, water, and cyberspace. T/F

False

According to the textbook, there are four key supply chain business processes: Purchasing, Manufacturing, Distribution, and Returns. T/F

False

Anything with 2 or more steps is considered a project? T/F

False

RFID technology seeks to minimize supply chain visibility. T/F

False

Slack on a project refers to when there is a person that is not completing their responsibilities on-time. T/F

False

Generally speaking, rail carriers are less expensive than motor carriers. T/F

True

International intermediaries can provide shipping, consolidation, and other import and export services. Some examples of these international intermediaries include: NVOCCs and trading companies.​ T/F

True

Private warehouses refer to warehouses that are owned by the firm storing the goods.​ T/F

True

Risk pooling is a strategy that attempts to use fewer warehouses to decrease the required safety stock levels since the negatively correlated market demands reduce the overall demand variance across the markets which the centralized warehouse services.​ T/F

True

Some researchers have indicated that the Balanced Scorecard approach can problematic and costly to implement, and even after implementation may be unsuccessful in achieving the overall objectives. T/F

True

Supply chain strategies must consider the trade-offs between the cost, quality, sustainability, and service requirements. T/F

True

The responsibility of transportation is to create both time utility and place utility, which means that products will be delivered at precisely the right time to the desired location.​ T/F

True

Web-based balanced scorecard applications are sometimes referred to as performance dashboards. T/F

True

When money is spent to crash the project it decreases the time to complete the project. T/F

True

​Benefits of internal process integration include greater flexibility to respond to market changes and better utilization of resources. T/F

True

​The ultimate goal in supply chain management is to create value for the services and products provided to end customers, which, in turn, will benefit the firms in the supply chain network. T/F

True

The following are all examples of lean warehousing capabilities EXCEPT: ​ a. Decreased assembly operations ​ b. Greater emphasis on cross docking ​ c. Reduced lot sizes and shipping quantities d. ​Increased automation

a. Decreased assembly operations

Failing to see the big picture and acting only in regard to single firm in the supply chain can be referred to as: ​ a. Silo mentality ​ b. Balking ​ c. Biased decision making ​ d. Stockpiling

a. Silo mentality

____________ is used when their is a relationship between time and cost for a project, a. Time-Cost Model b. Time-Money Model c. Cost-Time Model d. Money-Time Model e. None of the above

a. Time-Cost Model

According to the text, all of the following are considered key supply chain business processes EXCEPT: a. ​Knowledge management process b. Manufacturing flow management process​ c. Supplier relationship management process​ d. Returns management process​

a. ​Knowledge management process

Foreign-trade zones are: a. ​Secure sites within the U.S. where goods and materials can be assembled and exported without being levied domestic duties or excise taxes ​ b. Secure sites in foreign countries where goods wait for clearance by importing country ​ c. Markets in the U.S. where foreign countries set up and sell products d. ​Bodies of water where cargo ships are allowed to dock to deliver imported goods

a. ​Secure sites within the U.S. where goods and materials can be assembled and exported without being levied domestic duties or excise taxes

A project with uncertain activity times would use what type of network planning model? a. Critical Path Method with single time estimate b. Critical Path method with Three Activity Time Estimates c. Time-Cost Model d. None of the above

b. Critical Path method with Three Activity Time Estimates

According to the SCOR model, which of the following is NOT one of the five supply chain operation process categories? ​ a. Plan b. Sell​ c. Return​ d. Source​

b. Sell​

Which of the following is focused on promoting the sharing of environmental responsibility along the supply chain? ​ a. SCOR b. Balanced Scorecard​ c. GSCM​ d. Single-factor productivity measures​

c. GSCM​

According to the textbook, the initial step in creating an effective performance measurement system is: a. ​Develop the process b. Contact supply chain partners​ c. Identify the firm's strategic objectives​ d.Reduce firm debt to zero​

c. Identify the firm's strategic objectives​

​Which of the following tends to reduce safety stocks among supply chain members, generating even less variability in supply chain orders? ​ a. Forward Integration b. Internal quality standards​ c. Information visibility​ d. All of these​

c. Information visibility​

Which of the following is NOT a constraint of a project? a. Technical b. Cost c. People d. Time

c. People

The following supply chain security activities, creating a director of security position, hiring personnel with military and/or government experience, and performing a formal security risk assessment, would be classified as: a. ​Basic Initiatives b. Reactive Initiatives​ c. Proactive Initiatives​ d. Advanced Initiatives​

c. Proactive Initiatives​

If you have no budget available to crash a project, the completion time of the project would be ___________. a. decreased by only 1 day b. increased by 1 day c. equal to the critical path d. Not enough information provided to answer the question.

c. equal to the critical path

Building, maintaining and strengthening beneficial relationships with suppliers and customers is accomplished through the use of: ​ a. Data warehouses b. ​Legacy systems c. ​External process integration d. ​Order batching

c. ​External process integration

Logistics affects the supply chain function by: ​ a. Determining how deliveries can be made in a timely manner ​ b. Creating the flow of goods between supply chain partners ​ c. Providing time and place utility ​ d. All of these

d. All of these

In what organizational set-up would a team member have the most bosses? a. Pure Project b. Functional Project c. Hierarchical Project d. Matrix Project

d. Matrix Project

Transportation Management systems enhance their supply chain management effectiveness by: ​ a. Managing distribution center capacity b. ​Managing the crossdocking process c. ​Both A and B ​ d. None of these

d. None of these

_____________ is a written description of the objectives to achieve for the project. a. Project Description b. Work Breakdown Structure c. Project Goals d. Statement of Work

d. Statement of Work

When utilizing performance standards, the difference between the standard and the actual performance is called: a. ​Productivity Gap b. Organizational Variance​ c. Certified Variance​ d.Performance Variance

d.Performance Variance