| Question 1 of 20 | 5.0 Points |
Companies in any supply chain must make decisions individually and collectively regarding their actions in five key performance areas that include which one of the following? | A. Throughput | | B. Vertical integration | | C. Relationship to retailers | | D. Production | |
| Question 2 of 20 | 5.0 Points |
Similarities in strategy between the case studies Alexander the Great and Wal-Mart include which of the following? | A. Both had little regard for relationship management. | | B. Supply was arranged after operations were set up. | | C. Supply preceded operations. | | D. There were no similarities. | |
| Question 3 of 20 | 5.0 Points |
Of the SC drivers, __________ costs continue to drop, while costs associated with other SC drivers continue to rise. | A. production | | B. information | | C. inventory | | D. transportation | |
| Question 4 of 20 | 5.0 Points |
Factories can be built to accommodate which of the following approaches to manufacturing? | A. Just-in-time | | B. Stock-keeping storage | | C. Product focus | | D. Flow through approach | |
| Question 5 of 20 | 5.0 Points |
There are some basic decisions to make regarding the creation and holding of inventory that result in three basic types of inventory. Trade-offs common to all three include which of the following? | A. Lost sales | | B. Higher ordering costs | | C. Flexible capabilities | | D. Carrying costs | |
| Question 6 of 20 | 5.0 Points |
Which of the following is true about transportation? | A. The higher the value of a product, the more its transport network should emphasize responsiveness. | | B. The lower the value of a product, the more its network should emphasize responsiveness. | | C. The higher the value of a product, the less its transport network should emphasize responsiveness. | | D. All products should have an efficiency emphasis because transportation costs can be as much as one-third of operating costs. | |
| Question 7 of 20 | 5.0 Points |
Warehouses can be built to accommodate which of the following approaches? | A. Functional focus | | B. Safety stock | | C. Stock-keeping unit storage | | D. Seasonal focus | |
| Question 8 of 20 | 5.0 Points |
SC participants, such as service providers and distributors, are defined as which of the following? | A. Basic group participants | | B. Extended SC participants | | C. General participants | | D. Unnecessary participants | |
| Question 9 of 20 | 5.0 Points |
Which scenario best describes direct channel distribution? | A. Producer sells to retailer ... who sells to customer | | B. Manufacturer sells to wholesaler ... who sells to customer who sells to retailer ... who sells to customer | | C. Producer sells to agent ... who sells to wholesaler ... who sells to retailer | | D. Manufacturer sells to consumer or end user | |
| Question 10 of 20 | 5.0 Points |
Which of the following statements is correct regarding core competencies? | A. A company should always be looking for ways to leverage its core-competencies. | | B. A company should focus on segmenting to gain economies of scale. | | C. Select suppliers that have the same skills as your company. | | D. Select suppliers with core competencies that are least flexible. | |
| Question 11 of 20 | 5.0 Points |
Which of the following statements is true with regard to developing supply chain capabilities? | A. Capabilities are determined before performance drivers are identified. | | B. Capabilities are developed before the market that a company will serve is identified. | | C. Capabilities are not really relevant once core-competencies are determined. | | D. Wal-Mart's success is directly related to evolving capabilities that continually improve its supply chains. | |
| Question 12 of 20 | 5.0 Points |
Which of the following statements is true about a SC? | A. A company's supply chain is an integral part of its approach to the market it serves. | | B. The response to market requirements does not necessarily have to tie to the company's strategy. | | C. A company should deliver responsiveness or efficiency, but not both. | | D. The first step in SC alignment is to develop SC capabilities. | |
| Question 13 of 20 | 5.0 Points |
Who makes the decision to utilize one distribution channel over another? | A. Retailer of products | | B. Producer of products | | C. Wholesale of products | | D. Supplier of products | |
| Question 14 of 20 | 5.0 Points |
Vertical integration is defined as which of the following? | A. A company attempting to own its SC | | B. A virtual company | | C. The practice of outsourcing | | D. Different divisions serving different markets | |
| Question 15 of 20 | 5.0 Points |
Information used in any SC includes which of the following? | A. Carefully protecting information so as not to share with other companies | | B. Planning and training | | C. Coordinating daily activities | | D. Forecasting and warehouse management | |
| Question 16 of 20 | 5.0 Points |
Alliance characteristics include which of the following? | A. Exclusive agreements | | B. Horizontal structure | | C. A channel leader be established | | D. Vertical structure | |
| Question 17 of 20 | 5.0 Points |
Which of the following typically drives distribution channels? | A. Producer | | B. Retailers | | C. Wholesales | | D. Suppliers | |
| Question 18 of 20 | 5.0 Points |
Which of the following attributes have been identified by Chopra and Meindl to help clarify requirements for different types of customers? | A. The type of order system your customers can use | | B. The response time that customers are willing to tolerate | | C. The acceptable cost of materials | | D. The life cycle of a product | |
| Question 19 of 20 | 5.0 Points |
A distribution strategy can take different forms that include which of the following? | A. Level | | B. Market | | C. Selective | | D. Direct | |
| Question 20 of 20 | 5.0 Points |
Which statement is true about Wal-Mart's distribution channel? | A. Suppliers are channel leaders. | | B. Wal-Mart is the channel leader. | | C. Suppliers are channel captains. | | D. Suppliers have limited access to data. | | |
