possession- creating desire, marketing. Discuss the Hub and Spoke system with suitable example showing diagrammatically the system (OR) 4. A) All other functions of management need to be planned B) Planning and controlling are known as the Siamese (twins) of management. RFID (radio frequency identification) 6. Supply Chain Integration. Cons: high start up cost, fixed location, fixed size/costs. the combo of the purchase or acquisition price of a good or a service and additional costs incurred before or after product or service delivery. The topics covered in the materials provide foundational information across the functions of supply chain management. Combined transportation systems. , The bullwhip effect results in improved supply Study with Quizlet and memorize flashcards containing terms like Which of the following is not an emerging trend in OM: a. There are several strategies that organizations can employ in logistics to improve their supply chain performance, including: a. less of the form taken. Quiz yourself with questions and answers for Supply Chain Management Final Exam, so you can be ready for test day. time- when needed. logistics. 3k. docx from MANA MISC at Course Hero. There are 47 multiple choice questions covering areas like sales organization, sales force management, sales budgets, price fixation, quota allotments, customer relationship management, and personal selling and salesmanship. , formula, solution etc. The FOUR important elements of the supply chain are: Supply, operations, logistics, integration. Pretest questions do not contribute to the total score but are necessary for statistical purposes only and are randomly distributed throughout the exam. There are key differences in how terms allocate transportation costs, responsibilities and risks. Exam (elaborations) - Operations and supply chain management final exam (11,12,13,14,15) CTL. Provide a brief introduction on the company, its products/servic es. Introduction to Operations Management. PLEASE write legibly. Explain various types of intermodal freight movements. E) decrease to a point and then increase. Get a hint. A computer-based information system that translates master schedule requirements for end items into time-phased requirements for subassemblies, components, and raw materials. txt) or read online for free. Study with Quizlet and memorize flashcards containing terms like Purchasing Fall 2020 OPER8340 Final Exam Report B - 6 - OPER8340 Global Supply Chain Management Final Exam Report Fall 2020 Report B: Sustainable Supply Chains This final exam Report is marked out of 70 points plus up to 10 points for formatting (spelling, grammar, referencing and citing) and following instructions for completion and submission of your Report. 72) Total logistics costs for a supply chain network are a sum of A) inventory and Post-examination, mock exam results will be shown immediately while final exam results will take two weeks to release and certificates will be distributed in four weeks. C720 OA Prep Guide. To effectively prepare for the Comprehensive Final Exam (CFx) of the MicroMasters program in Supply Chain Management, you can follow these steps: Review Past Courses: Take the time to revisit the material covered in the five SCx courses. Practice materials 100% (11) 50. 20 of 20. What is the purpose of transportation in logistics management? a) Managing warehouse operations. collaboration. 3 of 52. The exam covers topics like primary flows in supply chain management, roles of different logistics in the Boeing Aircraft announced a write-down of $2. It includes 10 multiple choice questions testing concepts such as when procurement can add most value in the procurement cycle, appropriate uses of supplier appraisals and action plans, the purpose of corporate codes of ethics 230+ Supply Chain Management solved MCQs with PDF download. Download Sample Final Exam Questions - Supply Chain Management in the Digital Age | MgtOp 452 and more Supply Management Exams in PDF only on Docsity! MgtOp 452—Supply Chain Management in the Digital Age Professor Munson Washington State University Sample Final Exam Multiple Choice (3 points each) 1. Important Points J. View Essay - Final Exam - ETI3647 Supply Chain Management. what does supply chain management do? manages and controls flows of material and information in the supply chain. This holds candidates to the same standard in terms of dificulty, regar. The sum of the lead times that sequential Sep 6, 2009 · Download Solved Final Exam - Logistics Network Design and Supply Chain Management | IND ENG 153 and more Exams Systems Engineering in PDF only on Docsity! IEOR 153 Fall 2004 Practice Final Solutions NOTE: The answers provided here aren’t the be-all and end-all of possible answers, particularly for the essay questions. -plans, implements and controls the efficient, effective flow and storage of goods, services, and related information from the point key tenents to Supply Relationship Management. This comprehensive eBook modules are a valuable resource for Supply Chain Management Professionals. College Physics Raymond A. Quiz yourself with questions and answers for Supply Chain Management - Final Exam, so you can be ready for test day. → Bachelor of Business Administration (BBA → Supply Chain Management. Jan 20, 2024 · Popular books. 1. You will have 90 minutes to complete. Cons: duration is longer. C215 Study Guide - review for c215 exam. Illustrate the complete supply chain network of the company (1st & 2nd tiers suppliers and. efficiency- measure of how well resources are used. A supply chain is the global network of organizations and activities involved in designing, transforming, consuming, and disposing of goods and services. Revenue e. Competition is increasingly global. pdf from SCM 100 at Hanze University of Applied Sciences, Groningen. exam-2019 - Free download as PDF File (. E) decreases to a point and then increases. transparency. Jul 12, 2024 · Reveal Solution Discussion 3. It is divided into 3 sections: Section A contains 20 multiple choice questions worth a total of 15 marks. The most significant advantage of the supply chain management structure is: : A) it facilitated a total systems approach to stimulate integration B) it uses the internet to extract key information C) it increases the visibility of the purchasing department D) it focuses management attention on quality E) it reveals that inventory costs are Network. Click the card to flip 👆. Rising customer expectations. Supply Chain CHAPTER 1 TEST QUESTIONS Multiple Choice a. 84 kB) educational resource. Lecture notes 100% (80) 31. The supply chain flows downstream (to consumer) and upstream (to suppliers). The document contains questions about product design, quality management, and production processes. 5 hours to complete the exam. collaboration. Organizational capabilities d. coordination and collaboration between partners, which can be suppliers, intermediaries, third-party service providers or customers. - Two models (SCOR and GSCF) of supply chain Cash to Cash Cycle. History. d) Moving goods from one location to another. Logistics. The document contains a 28 question final exam for a course on supply chain management and freight expedition. To take the Comprehensive Final Exam (CFx) for the MicroMasters program in Supply Chain Management, you will need the following: A government-issued photo ID: You will need a valid ID that clearly identifies you by your full name. FINAL Exam (40 marks) Choose a company working in the Egyptian market. Prepare a report that would include the specified points on the table provided. Tier 3 supplier --> Tier 2 supplier --> Supplier --> Manufacturer --> Distributor --> Retailer --> Consumer. Pros: better control, visibility, and cheaper in long run. includes Chapter 1 Multiple choice questions. As workers age, we will have a less diverse workforce in the future. What is Logistics. Incoterms 2020 are a set of internationally recognized contract terms that define buyer and seller responsibilities in international contracts. Operations Management - C215 Study Guide. place- exactly where needed. The CSCP program spans every phase in the supply chain, starting from suppliers and extending through a firm's internal processes before Apr 11, 2022 · View M7S7 - MCA - 3_Candidate Module 7 Final Exam Case Study_Final. Petersburg College. One of three primary inputs in MRP; states which end items are to be produced, when these are needed, and in what quantities. Scaling on the CPSM and CPSD exams converts all scores to a scale from 100-600, with the passing score set at 400 for each of the three CPSM exams and 480 for the CPSD Essentials in. d. Quiz yourself with questions and answers for Operations Management Final Exam, so you can be ready for test day. visibility. reducing inventory levels. E) All of the above. 61. What is supply chain management? Explain the supply chain principles. Scribd is the world's largest social reading and publishing site. C) increase. Tasks of freight (or goods) transportation systems; characterization of supply chains, route construction solutions: key characteristics of rail, road, air, water transport. Other 96% (25) 40. May 6, 2022 · Operations and Supply Chain Management. , Which one of the following is NOT a practice of sustainability? a. cooperation. 6. Examine cost/ revenue trade offs. ” [161]. When it comes to supply chain management, there's one goal in mind: getting the right product to the consumer in the most efficient and cost-effective way possible. 48. (6 planning and controlling of all processes involved in procurement, conversion, transportation and distribution across a supply chain. SC1x - Supply Chain and Logistics Fundamentals Lesson: Introduction to Supply Chains Logistics vs. The primary objective of supply chain management is: A. b. Electronic Data Interchange (EDI) 2. minimizing transportation costs. D. Expected Value formula. Free Practice Test Instructions: Choose your answer to the question and click "Continue" to see how you did. Take a Test Download as PDF. the planning and management of all activities involved in sourcing and procurement, conversion, and all Logistics Management activities. Then click 'Next Question Supply Chain Management: effective and efficient integration of suppliers, manufacturers, transportation organizations and other parties responsible for bringing products and services to market (doing the least amount of work for the best product) Procurement (purchasing): responsible for acquiring materials, equipment, products and services Supply Chain Management practice Final for both my own reviewing sake & future students that take this class. Section B contains 4 short answer questions worth a total of 20 marks Quiz yourself with questions and answers for Supply Chain Management Final Exam: Multiple Choice, so you can be ready for test day. Which of the following is considered a current trend in supply chain management? supply chain Final Exam Due Mar 20 at 8:59pm Points 100 Questions 40 Available Mar 14 at 7am - Mar 21 at 12:01am 7 days Time Limit 90 Minutes Instructions The final exam is comprehensive and will be 40 questions m/c and essay. when multiple firms or business functions in a supply chain coordinate their activities and processes so that they are seamlessly linked to one another in an effort to satisfy the customer. SCM 300 Final Exam Study Guide Last Test! Module 01: Intro to Supply Chain Management Competitive Priorities Cost, quality, speed, and flexibility these are vital to knowing whether a company is meeting its goals now, and working towards better performance in the future. Quiz yourself with questions and answers for Operations Management Final (Practice Exam Questions), so you can be ready for test day. 2. Ans : Logistics is generally the detailed organization and implementation of a complex. May 23, 2024 · The APICS Certified Supply Chain Certification (CSCP) is a credential offered by the Association for Supply Chain Management (ASCM), a large nonprofit committed to developing supply chain intelligence. T. False. 5% Facility network design is concerned with which of the following? - -All of the answers Logistical operations have two main flows This document provides a sample exam for the CIPS Level 3 – Advanced Certificate in Procurement and Supply Operations Module 2 on ethical procurement and supply. Quiz yourself with questions and answers for Supply Chain Management- Exam I, so you can be ready for test day. S. form- repackaging, refurbishing. internet systems. how does logistics create value. Not yet answered Marked out of 1. Biology Mary Ann Clark, Jung Choi, Matthew Douglas. Essential Environment: The Science Behind the Stories Jay H. operation. Firm value b. Jun 10, 2015 · The document provides answers to 20 end-of-chapter questions about supply chain management concepts from Chapter 2. c) Optimizing supply chain processes. It is divided into two sections worth 60 and 40 marks respectively and contains 9 total questions. pdf), Text File (. optimization. CORE Global Strategic Supply Chain Management L6M3 12 Credits; CORE Future Strategic Challenges for the Profession L6M4 6 Credits; ELECTIVE Modules- Choose 3 to make up the final 18 required Credits. Elizabeth Breda. Aug 20, 2023 · The supply chain is a network of organizations, resources, activities, and processes involved in the production, distribution, and delivery of goods and services to end consumers. Using a product of your choice, examine the content and purpose of the design process (15 marks) Answers are likely to include the following content: A definition of product design might be included such as‟ „The act of producing a drawing, plan or pattern showing details of something to be produced or constructed‟. The time that it takes from when a firm spends money to receive raw materials and resources until when they finish making the goods, sell them, and receive payment. Candidates should answer all exam questions. the integration of core processes across organizational boundaries through improved communication, partnerships, alliances and cooperation. Please submit one single pdf file for questions 1, 2, 3, and 4 in logical order and 2 excel files for questions 5 and 6 including full working sheet (e. Key points addressed include: - The differences between supply chains and supply chain management, with the latter requiring overt management efforts and an enterprise perspective. part of the supply chain that plans, implements, and controls the flow and storage of goods and services to meet customer's requirements. I. Aug 16, 2023 · Answer: c) Inventory management. conduct a customer service audit. 6 billion in October 1997 due to “raw material shortages, internal and supplier parts shortages and productivity inefficiencies . C. taking a systems approach. integration. Supply chain management c. intro to supply chain management - final exam. 2) Section A contains 7 questions 4. SCM involves the collaboration of various functional groups including Marketing, Sales, Engineering, Accounting, Finance, Information Systems, Production, and Management both inside and outside an A process to develop tactical plans that provide management the ability to strategically direct its businesses to achieve competitive advantage on a continuous basis by integrating customer-focused marketing plans for new and existing products with the management of the supply chain. estment Analysis, and Learning Curves. Feb 19, 2024 · Information Technology What is a supply chain and its components? (Upstream, downstream, tier suppliers). a. The key themes of operations strategy, product design to support the strat-egy, and strategic capacity are Marks: 60 SECTION – A (Essay Questions) – 2 x 7 = 14 marks Answer the following Questions in 40 lines 1. , 3b asks about the primary Acquiring Upstream Suppliers. CSCMP definition of supply chain management. SCM According to the Council of Supply Chain Management Professionals . 71) As the number of facilities in a supply chain increases, total facility costs A) decrease. The initial stage of the supply chain process is the sourcing stage. Term. Strategic Programme Leadership L6M5 6 Credits; Commercial Data Management L6M7 6 Credits; Innovation in Procurement & Supply L6M8 6 Credits Feb 29, 2024 · Logistics is a critical component of Supply Chain Management (SCM) and plays a key role in determining the efficiency, responsiveness, and overall success of a supply chain. utility- economic term used to describe perceived value. (10 Marks) Pizza Hut has continuously struggled hard to provide people with food that they find addictive, and their communities and religions approve this. . Serway, Chris Vuille. C) Staffing is an activity concerned with the human resource in an organization. Answer: d) Moving goods from one location to another. Study with Quizlet and memorize flashcards containing terms like Development Time, Repeatability, Testability and more. Week 2 Question 1 1 / 1 point Because supply chain design is very much a human process it is not 2 Exam Paper for Retail Management in BBA (With Answers) PAPER # 1 **Duration:** 2 hours **Instructions:** - Answer all multiple-choice questions (MCQs) and short-answer questions. a group of companies or institutions. SCI is recognized worldwide as the premier full-service provider of Supply Chain, demand planning, forecasting, S&OP, Logistics, Procurement, Operational Excellence and Lean Manufacturing education, benchmarking research, training, certification, world-class conferences Dashboard /My courses / CBUS 2201-01 - AY2022-T4 /Final Exam (Days 1 - 4) / Final Exam. total cost of ownership. Final Guide for D464 - Summary Managing Operations. This ID will be used to confirm your identity during the exam. 1) The document contains a sample exam paper for an introductory logistics and supply chain management course. 4. Questions on Incoterms 2020 - Free download as PDF File (. The term "supply chain management" was first coined by Keith Oliver. Surgical Corporation declined 25 percent, resulting in a loss of $22 million. Select one: a. inventory- stock of goods. ! Logistics management is that part of supply chain management that plans, implements, and controls the efficient, effective forward and reverse View Supply Chain QUESTIONS EXAM. Study with Quizlet and memorize flashcards containing terms like Supply chain coordination requires each stage of the supply chain to take into account the impact its actions have on other stages. implementing advanced technologies. The average ordering cost is $30 per order. This document contains a multiple choice exam on supply chain management concepts. Outline the phases and processes of 20 of 20. Question 2 asks about the necessary supply chain improvements West Marine made. - Be concise and to the point in your responses. This document provides a multiple choice quiz on sales management topics. 71 of 71. company owned storage, for companies with large volume or valuable goods, or special storage. Withgott, Matthew Laposata SCMP MODULE ONE: SUPPLY CHAIN MANAGEMENT Finally exam: Case Study Analysis: The North West Company Candidates: Crystal Zhang April 7 th , 2016 Instructor: Robert Greene 2 Table of Contents Executive Summary 3 Issue Identification & Environmental and Root Cause Analysis 4 Alternatives and Options 6 Recommendations 8 Implementation 9 Monitor and and supply chain management decisions. The questions in this sample exam are illustrative of the questions that you can expect in the final exam. Jan 20, 2024 · Exam (elaborations) - Operations and supply chain management final exam questions and answers 11. - -A supply chain is the global network of organizations and activities involved in designing, transforming, consuming, and disposing of goods and services. Date of exam. customers or corporations. distributors). Operations Management - Final Exam - Free download as Word Doc (. b) Reducing inventory levels. Which of the following is not considered View SUPPLY CHAIN MANAGEMENT FINAL EXAM. You can go through the course content, lecture videos, and any The SCPro TM Level Two Study Materials is an effective tool to prepare for the SCPro TM Level Two certification exam. Final Exam Submission F2020 – Course IB102 Global Supply Chain Management Chapter 10 – Managing Relationships with Customers and Suppliers. between the point of origin and the point of consumption in order to meet requirements of. - Write your answers clearly and legibly. PROCUREMENT AND SUPPLY CHAIN MANAGEMENT FINAL EXAM QUESTION Answer all questions 1. The supply chain flows downstream (to consumer) and upstream (to suppliers Pros: specialized services tailor made for needs, cost can be negotiated, and more control. Private Warehouse. bar coding. -the part of supply chain management that involves warehousing, transportation, and reverse logistic activities. Be able to identify the position in the supply chain. It encompasses everything from the acquisition of raw materials to the final delivery of products to customers. August 2021. efficient Exam 2018 Questions - Free download as PDF File (. pdf from COM 2033 at AMA Computer University. Download 13 Solved Questions on Advanced Supply Chain Management - Exam 1 | BIT 4464 and more Supply Management Exams in PDF only on Docsity! BIT 4464 Supply Chain Management Test 1 (60 points in class) Tuesday September 25, 2007 The Virginia Tech Honor Code will be strictly enforced. SCS 1209 – Management Information System Sample Questions for Final Examination Question will include – True/False Questions, Multiple Choice Questions and Short Essay Question The Sample Questions are for Chapters 4,10,11,12,13,14 and 15 True or False Questions 1) The major ethical, social, and political issues raised by information systems include informed consent. Sample exam questions are provided covering topics like logistics, supply chain management, forecasting, and inventory management. Practice materials 100% (15) 45. Advanced Supply Chain Management Opme005 Final Exam Dump - Free download as PDF File (. (This is a corporate operation, and there are 250 working Jan 22, 2024 · WGU C720 Operations and Supply Chain Management FINAL EXAM (Questions & Answers) 100% verified Answers 2024 UPDATE 100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached Supply Chain Integration. CSCMP Definition of supply chain management. , With an uncoordinated supply chain each stage tries to maximize its own profits, resulting in actions that often increase total supply chain surplus. automation. S&OP APICS 5 step process. Manufacturing is more green and more innovative. 150 on Form B to pass. docx), PDF File (. posted on 2022-05-06, 01:36 authored by UJ Exam Papers Admin. D) increase to a point and then decrease. In a general business sense, logistics is the management of the flow of things. The questions test knowledge of key sales Supply Chain Management (SCM) is the practice of designing, procuring, producing, and delivering goods and services that create value for customers. C720 Notes and Study Guide. Weighted average of decision outcomes in which each future state of nature is assigned to a probability of occurrence. System - JIT inventory is a management strategy that directly aligns raw-material orders from suppliers with production schedules. This document contains 4 questions related to a case study about West Marine, a boating supplies retailer. 5. May 7, 2019 · To gain a better understanding of supply chain management, take this 13-question quiz and ensure you have a firm grasp of the key terms and processes it encompasses. pdf from ETI 3647 at St. Jun 29, 2024 · firm in a supply chain focuses activities in its area of specialization and enters into voluntary and trust-based relationships with supplier and customer firms. 1 year ago Updated. doc / . Question 3a asks if West Marine was ready for an acquisition of BoatU. It includes the use of new technologies to improve information flows and coordinate the physical flow of goods between trading partners. Download (778. The actual exam will consist only of multiple choice questions. use ABC analysis for customers and products. Consortium. The concept of combined transport; road-rail, road-water, rail-water, river-sea (huckepack: swap-body, semi-trailer, container). Study with Quizlet and memorize flashcards containing terms like Supply Chain, Supply Chain Management, Objective of Supply Chain Management and more. It asks about topics like sociological changes that enable new products, value analysis, assembly charts Feb 19, 2024 · support product delivery support procurement and manufacturing reduce total cost - -support procurement, manufacturing, and customer accommodation In 2016 US business logistics costs represented what portion of Gross Domestic Product (GDP)? - - 7. 230+ Supply Chain Management Solved MCQs. Reveal Solution Discussion 3. Question #4 Topic 1. 3. Business 315: Logistics & Supply Chain Management Final Exam. Summaries 100% (6) 8. 2022-05-06 - First online date, Posted date. Summaries 100% (4) 79. _____ should ultimately be the focus of any outsourcing or insourcing decisions made by a company. B. C720 pre-assessment Operations and Supply Chain Management. conditions which must be present for successful supply chain management include: cooperation among firms. Explore quizzes and practice tests created by teachers and students or create one from your course material. NS Level 2 Ceriicate in Procurement and Supply Operaions QU EST IO NC1 - Procurement and supply principles EXAM EXEMPLAR QUESTIONS PLE MULTIPLE CHOICE QUESTIONS AND ANSWERS Page 1 of 6 NC1 Exam Exemplar Quesions Mar2013 NS IF 20 ICAT 13 IO QU AL SA M The correct answer will be ideniied as the [KEY] Q1 Quesion Which of the following is a deiniion of ‘the supply chain’? EM 665 Integrated Supply Chain Management Spring 2023 Final Exam Monday May 8 - Sunday May 14 at 6:00PM Total score: 100 points There are 6 questions in this exam. B) remain the same. Question 1 asks about the pitfalls of acquisitions when a company lacks a solid supply chain foundation. what increases visibility of the supply chain? Thomas's fastest-moving inventory has a demand of 6000 units per year. View Final Exam_ HPC6211 Supply Chain Management in Hospitality Industry. It takes about 5 days for an order to arrive, and the demand for 1 week is 120 units. it integrates supply and demand management within and between companies in order to serve the needs of the end-customer. Exam paper for second semester 2021. “Second quarter sales at U. Please note that the ID is only required for the supply chain management determines the strategy in the areas of the supply chain and logistics is the operational level of implementing that strategy. → Set 1. **Part A: Multiple-Choice Questions (40 The Supply Chain Institute – SCI is devoted to excellence in teaching, learning and research in Supply Chain Management. quantity- right amount, break bulk and assort. logistics software application. ) in 28 of 28. The cost of each unit is $100, and he inventory carrying cost is $10 per unit year. Final Exam_Version 2 - Free download as Word Doc (. D) Organizing is the activity that aims the attainment of efficiency. (OR) 2. Supply Chain Management Association Module 7: SCM for the Public Sector Final AI Chat with PDF . 6/28/2021 Final Exam: Attempt review Started on Friday, 25 June 2021, 6:22 Jun 27, 2024 · Supply Chain Management - SCM: Supply chain management (SCM) is the active streamlining of a business' supply-side activities to maximize customer value and gain a competitive advantage in the Jun 29, 2024 · 73 of 73. Logistics and Supply Chain Management (LSCM) Sample Exam Questions Indian School of Business 2020-21 Basic information 1. In the first section, Strategy, Products, and Capacity, our chapters cover Strategy, Design of Products and Services, Projects, Strategic Capacity Management, In. Question 1: 00:37Question 2: 01:00Question 3: 01 Certification exams consist of 150 questions (130 operational and 20 pretest), and you will have 3. 22. c. EV (x) = Σp (x)x. This document provides multiple choice questions about supply chain management. 11. Apr 17, 2024 · Inventory management - The process of ordering, storing, using, and selling a company's inventory is referred to as inventory management. - Use a pen to write your answers. Question #5 Topic 1. In supply chain management, after planning, the next step involves sourcing, developing, and building strong relationships with suppliers. (4 marks) 2. pdf from COMMERCE 304 at University of Toronto. mk fq vc dl vq xk vw uc yj cd