SCM Midterm Exam
SCM Midterm Exam
10. The value of the final product may vary for each
customer and can be estimated by the minimum amount
the customer is willing to pay for it.
TEST II- MULTIPLE CHOICE: Encircle the letter of your choice. Please
read the statements carefully before you answer.
1. During this phase, a company decides how to structure the supply chain over
the next several years.
A. Supply chain strategy or design
B. Supply chain planning
C. Supply chain operation
D. Decision Phases
2. During this phase, the time frame considered is a quarter to a year. Therefore,
the supply chain’s configuration determined in the strategic phase is fixed.
A. Decision Phases
B. Supply chain planning
C. Supply chain operation
D. Supply chain strategy or design
4. It is a sequence of processes and flows that take place within and between
different stages and combine to fill a customer need for a product.
A. Cycle View
B. Push/Pull view
C. Supply Chain
D. Customer order cycle
5. It involved to re-supply outlets from distribution centers and wholesalers.
Each outlet places orders to distributors based upon its own fluctuation of the
demand.
A. Manufacturing cycle
B. Procurement cycle
C. Replenishment cycle
D. Customer order cycle
8. It aims to arrange for and manage supply sources for various goods and
services.
A. Supplier relationship management
B. Internal supply chain management
C. Customer relationship management
D. Supply Chain Macro Processes in a Firm
9. This process includes the preparation of catalogs and other marketing
materials, management of the website, and management of the call center that
takes orders and provides service.
A. Supply Chain Macro Processes in a Firm
B. Supplier relationship management
C. Customer relationship management
D. Internal supply chain management
10. It is very useful when considering strategic decisions relating to supply chain
design.
A. Decision Phases
B. Push/Pull view
C. Supply Chain Macro Processes
D. Cycle View of Supply Chain Processes
15. It has been approved as an appropriate tool for measuring and managing
supply chain performance.
A. Balanced Scorecard
B. Key Supply Chain Performance Indicators
C. SCOR Model
D. Levels of Performance Assessment
16. It implies the company is able to execute its operations and services in an
efficient manner offering a reasonable quality at low price.
A. Achieving operational excellence
B. Innovation or product leadership
C. Customer service/intimacy
D. Company Strategy and Supply Chain Metrics
17. It focuses on design and continuous product development and can bring new
products to the market quickly.
A. Achieving operational excellence
B. Innovation or product leadership
C. Customer service/intimacy
D. Company Strategy and Supply Chain Metrics
18. It implies the company focuses on excelling the expectations about customer
service.
A. Achieving operational excellence
B. Innovation or product leadership
C. Customer service/intimacy
D. Company Strategy and Supply Chain Metrics
19. It provides the basis for measuring the effectiveness and efficiency of supply
chain systems. They describe the goals as well as the goal system of the SCM of
firms.
A. Balanced Scorecard
B. Supply Chain Performance Indicators
C. SCOR Model
D. Levels of Performance Assessment
21. This phase involves a number of activities which the organization has to
undertake to bring about improvement in the targeted key Performance
indicators.
A. Plan and set objective
B. Do to achieve the objectives
C. Analyze and benchmark
D. Act to achieve the missing target
22. During this phase, it is, required to identify relevant key performance
indicators for the organization.
A. Plan and set objective
B. Do to achieve the objectives
C. Analyze and benchmark
D. Act to achieve the missing target
23. During this phase it is required to find the values of these performance
indicators with the new supply processes.
A. Check to compare the actual value with the target value
B. Do to achieve the objectives
C. Analyze and benchmark
D. Act to achieve the missing target
24. In case of variation between the planned and actually achieved values of KPI,
actions may be required to bridge this gap and to achieve the planned value.
A. Check to compare the actual value with the target value
B. Do to achieve the objectives
C. Analyze and benchmark
D. Act to achieve the missing target
Rating(s) Traits
3 Some points/ sentences are well constructed but makes 5-9 errors in
grammar, mechanics, and/or spelling that affect with understanding
2 The topic and main ideas are somewhat clear. Sentences sound
awkward, are distractingly repetitive, or are difficult to understand.
The student makes 10 or more errors in grammar, mechanics, and/or
spelling that affect with understanding.