Question 1

Fourlotts Corp.provide integrated services that include storing manufactured goods,packaging,and delivering it to the dealers or customers.Given this information,Fourlotts Corp.is most likely a _____.

Accepted Answer

A)   third-party logistics provider
B)   contract manufacturer
C)   distribution center
D)   supplierE) A) and B)
F) B) and C)

Question 2

The center-of-gravity method is often used to locate _____.

Accepted Answer

A)   availability of raw materials
B)   demand markets
C)   site locations
D)   service facilitiesE) None of the above
F) B) and C) D

Question 3

Supply chain optimization includes minimizing the total costs of manufacturing and transportation,which might consider sourcing,distribution,and placement of inventory throughout the supply chain.

Accepted Answer

A) True 
 B)False

Question 4

In the context of sourcing,a single supplier often provides economies of scale and the ability to form close partnerships.

Accepted Answer

A) True 
 B)False

Question 5

_____ is the process of having suppliers provide goods and services that were previously provided internally.

Accepted Answer

A)   Insourcing
B)   Outsourcing
C)   Backward integration
D)   Forward integrationE) A) and B)
F) A) and C)

Question 6

At Blyrie Apparels,the apparel stocks in the firm's outlets are changed every week.This is based on the changing fashion preferences of its customers.Its managers also coordinate in real-time among its other stores and satisfy its customers' requirements.In this case,Blyrie Apparels most likely uses _____.

Accepted Answer

A)   the center-of-gravity method
B)   the push-pull boundary
C)   an efficient supply chain
D)   a responsive supply chainE) None of the above
F) B) and C) D

Question 7

The "Wi" typically used in the numerator and denominator of the center-of-gravity equations represents the _____ location i.

Accepted Answer

A)   quality of goods or services moved to or from
B)   x coordinate of
C)   volume of goods or services moved to or from
D)   y coordinate ofE) A) and B)
F) B) and C)

Question 8

Which of the following is considered economic factors in location decisions?

Accepted Answer

A)   Community attitudes
B)   Operating costs
C)   Transportation services
D)   Climatic conditionsE) A) and B)
F) A) and C)

Question 9

A _____ produces only what is needed at upstream stages in the supply chain in response to customer demand signals from downstream stages.

Accepted Answer

A)   third-party logistics provider
B)   push system
C)   pull system
D)   distribution centerE) All of the above
F) C) and D)

Question 10

Which of the following is an advantage of pull systems?

Accepted Answer

A)   They are efficient even when schedules are missed.
B)   They minimize inventory and production costs.
C)   They forecast changes in customer demand.
D)   They reduce transportation costs.E) A) and D)
F) None of the above

Question 11

A firm that specializes in certain types of goods-producing activities,such as customized design,manufacturing,assembly,and packaging,and works under contract for end users is called a _____.

Accepted Answer

A)   third-party logistics provider
B)   contract manufacturer
C)   distribution center
D)   vendor-managed inventory supplierE) B) and D)
F) A) and D)

Question 12

Rues and West Inc.is an automobile manufacturing firm.It produces and assembles all the parts of automobiles in its factory and,later,ships the finished products to its storehouses.The managers at the storehouses distribute the goods to wholesalers.Customers then buy the products from the wholesalers.In this scenario,the push-pull boundary for Rues and West Inc.is at the _____.

Accepted Answer

A)   factory
B)   wholesalers
C)   storehouses
D)   assembly sectionE) A) and B)
F) A) and C)

Question 13

Which of the following statements is true of a responsive supply chain?

Accepted Answer

A)   It works best when demand is stable and predictable.
B)   It works best when product life cycles are short and change often because of innovation.
C)   It works best when customers require standardization rather than customization.
D)   It works best when contribution margins are low.E) B) and C)
F) C) and D)

Question 14

Which of the following statements is true of outsourcing decisions?

Accepted Answer

A)   Break-even analysis can be used to provide insight into outsourcing decisions.
B)   The simplest outsourcing decision is a single supplier versus multiple suppliers.
C)   If a company decides to make a part in-house,it does not incur any fixed costs.
D)   If a company outsources its work to external supplier,the variable cost per unit will be low.E) C) and D)
F) A) and B)

Question 15

Which of the following is a disadvantage of push systems?

Accepted Answer

A)   They are not effective when sales patterns are consistent.
B)   They are not effective when there are few distribution centers and products.
C)   They increase transportation costs in a supply chain.
D)   They result in higher costs when forecasting sales is difficult.E) A) and D)
F) B) and C)

Question 16

Greyon Suits,a company that specializes in making hand-made suits,moved its sourcing and operations from Lumeria back to its home country.This led to easier management and decreased carbon footprint.In this case,Greyon Suits is involved in _____.

Accepted Answer

A)   offshoring
B)   reshoring
C)   insourcing
D)   outsourcingE) A) and D)
F) A) and C)

Question 17

Identify a true statement about responsive supply chains.

Accepted Answer

A)   They use only a few,large distribution centers to generate economies of scale.
B)   They use optimization models that minimize costs of routing products from factory through distribution centers to retail stores and customers.
C)   They are designed for efficiency and low cost by minimizing inventory and maximizing efficiencies in process flow.
D)   They are supported by information technology that provides real-time information to managers across the supply chain.E) A) and B)
F) A) and C)

Question 18

In the context of sourcing,multiple suppliers:

Accepted Answer

A)   often provide the ability to form close partnerships.
B)   often provide economies of scale.
C)   lower the risk of supply disruption.
D)   lower the chances of using a push or pull system.E) None of the above
F) B) and D)

Question 19

Which of the following statements is true of Inditex's supply chain?

Accepted Answer

A)   It can deliver most goods in 24 hours in Europe and the United States.
B)   It can be viewed as a push system.
C)   It is efficient rather than responsive.
D)   It avoids proximity sourcing as its products are expensive.E) A) and B)
F) All of the above

Question 20

A difference between efficient supply chains and responsive supply chains is that responsive supply chains _____.

Accepted Answer

A)   focus on flexibility and responsive service
B)   focus on maximizing efficiencies in process flow
C)   seek to balance capacity and demand,resulting in low levels of inventory
D)   seek to minimize cost of routing products from factory to customersE) A) and B)
F) A) and D) A

Exam 6: Supply Chain Design

Fourlotts Corp.provide integrated services that include storing manufactured goods,packaging,and delivering it to the dealers or customers.Given this information,Fourlotts Corp.is most likely a _____.

Correct Answer
verified

The center-of-gravity method is often used to locate _____.

Correct Answer
verified
D

Supply chain optimization includes minimizing the total costs of manufacturing and transportation,which might consider sourcing,distribution,and placement of inventory throughout the supply chain.

Correct Answer
verified

In the context of sourcing,a single supplier often provides economies of scale and the ability to form close partnerships.

Correct Answer
verified

_____ is the process of having suppliers provide goods and services that were previously provided internally.

Correct Answer
verified

Correct Answer
verified
D

The "Wi" typically used in the numerator and denominator of the center-of-gravity equations represents the _____ location i.

Correct Answer
verified

Which of the following is considered economic factors in location decisions?

Correct Answer
verified

A _____ produces only what is needed at upstream stages in the supply chain in response to customer demand signals from downstream stages.

Correct Answer
verified

Which of the following is an advantage of pull systems?

Correct Answer
verified

A firm that specializes in certain types of goods-producing activities,such as customized design,manufacturing,assembly,and packaging,and works under contract for end users is called a _____.

Correct Answer
verified

Correct Answer
verified

Which of the following statements is true of a responsive supply chain?

Correct Answer
verified

Which of the following statements is true of outsourcing decisions?

Correct Answer
verified

Which of the following is a disadvantage of push systems?

Correct Answer
verified

Greyon Suits,a company that specializes in making hand-made suits,moved its sourcing and operations from Lumeria back to its home country.This led to easier management and decreased carbon footprint.In this case,Greyon Suits is involved in _____.

Correct Answer
verified

Identify a true statement about responsive supply chains.

Correct Answer
verified

In the context of sourcing,multiple suppliers:

Correct Answer
verified

Which of the following statements is true of Inditex's supply chain?

Correct Answer
verified

A difference between efficient supply chains and responsive supply chains is that responsive supply chains _____.

Correct Answer
verified
A

Exam 6: Supply Chain Design

Fourlotts Corp.provide integrated services that include storing manufactured goods,packaging,and delivering it to the dealers or customers.Given this information,Fourlotts Corp.is most likely a _____.

Correct AnswerverifiedShow Answer

The center-of-gravity method is often used to locate _____.

Correct AnswerverifiedD

Supply chain optimization includes minimizing the total costs of manufacturing and transportation,which might consider sourcing,distribution,and placement of inventory throughout the supply chain.

Correct AnswerverifiedShow Answer

In the context of sourcing,a single supplier often provides economies of scale and the ability to form close partnerships.

Correct AnswerverifiedShow Answer

_____ is the process of having suppliers provide goods and services that were previously provided internally.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedD

The "Wi" typically used in the numerator and denominator of the center-of-gravity equations represents the _____ location i.

Correct AnswerverifiedShow Answer

Which of the following is considered economic factors in location decisions?

Correct AnswerverifiedShow Answer

A _____ produces only what is needed at upstream stages in the supply chain in response to customer demand signals from downstream stages.

Correct AnswerverifiedShow Answer

Which of the following is an advantage of pull systems?

Correct AnswerverifiedShow Answer

A firm that specializes in certain types of goods-producing activities,such as customized design,manufacturing,assembly,and packaging,and works under contract for end users is called a _____.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Which of the following statements is true of a responsive supply chain?

Correct AnswerverifiedShow Answer

Which of the following statements is true of outsourcing decisions?

Correct AnswerverifiedShow Answer

Which of the following is a disadvantage of push systems?

Correct AnswerverifiedShow Answer

Greyon Suits,a company that specializes in making hand-made suits,moved its sourcing and operations from Lumeria back to its home country.This led to easier management and decreased carbon footprint.In this case,Greyon Suits is involved in _____.

Correct AnswerverifiedShow Answer

Identify a true statement about responsive supply chains.

Correct AnswerverifiedShow Answer

In the context of sourcing,multiple suppliers:

Correct AnswerverifiedShow Answer

Which of the following statements is true of Inditex's supply chain?

Correct AnswerverifiedShow Answer

A difference between efficient supply chains and responsive supply chains is that responsive supply chains _____.

Correct AnswerverifiedA

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D

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D

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