Question
1.Early versions of Supply chain included physical distribution and materials management. Although there may have been run very well as separate entities, they lacked what
1.Early versions of Supply chain included physical distribution and materials management. Although there may have been run very well as separate entities, they lacked what common construct? Select one: a. They failed to see the firm as two supply chain entities b. They failed to see the firm and the operation of the two entities as a single construct that served the entire enterprise c. They lacked the human capital required to perform d. They failed to link all of the functions that serve the inbound portion of their goods and materials
2.Every firm has some sort of fulfillment cycle. What are three components in a hospital's fulfillment cycle? Select one: a. Staff for capacity, deliver benefit b. Forecast capacity needs, build capacity, deliver benefit c. Budget for 100 percent utilization, 100 percent on time throughput, deliver benefit d. Create a need, deal with throughput, meet demand
3. If the primary function of supply chain and logistics in a physical-product-based setting is the physical flows of materials and related information, what is the primary function of service-based supply chain and logistics? Select one: a. The coordination of non-material activities necessary to provide a service b. The assignment of service labour to a project c. The provision of and effective information flow to providers d. The coordination of material-based activities necessary to provide a service
4. Reverse logistics is best described as: Select one: a. Breaking down logistics processes into smaller parts from the end of the cycle to the beginning b. Aligning inbound processes c. The process applied to operations functions required to facilitate the re-use of products and materials d. Backhaul operations in transport
5. Reverse logistics should be part of an integrated supply chain process to reduce waste in inventory. It has also become a part of sustainability. Why are firms bothering to focus on the process? Select one: a. Due to Threats from Government b. Due to increasing pressure from stakeholders c. Due to Impending Taxation Levels d. Due to increasing pressure from competitors
6. Supply chain decision takes place at various levels. If the tactical level serves to facilitate purchasing strategies, what does the operational level contribute to supply chain decisions? Select one: a. Products to be manufactured, sales areas serviced b. Types and nature of third party suppliers to be used c. Partnerships with suppliers d. Order processing and immediate customer service issues
7. The Seven 'R's describe a well rounded logistics system. What is key to making the seven 'R's work effectively? (Perhaps we should call it the 8th "R") Select one: a. The consistent supply of service in the logistics system b. The consistent supply of materials and Labour to meet logistics Goals c. The consistent supply of information up and down the supply chain d. The consistent flow of revenue used to support all activities
8.What is the primary definition of logistics? Select one: a. The group of services that are focused on the effective movement of goods and information from origin to destination b. The group of services that eliminate waste in the procurement process c. The group of services that work to procure goods d. The group of services that create market needs or demand
9.When making distinctions on logistics providers and logistics users, we commonly refer to them (in order) as: Select one: a. Carriers and Forwarders b. Carriers and shippers c. Manufacturers and Purchasers d. Shippers and Receivers
10.When we define integration in logistics and supply chain, we offer connectivity as a key part of the process. What is the key to successful connectivity? Select one: a. The Availability of Timely Data b. Simplification of Processes c. Gain Sharing d. Expanded Strategic Objectives
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