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PURCHASING AND SUPPLY CHAIN MANAGEMENT

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1 / 50

SCM. Cooperative supply chain relationships developed to enhance the overall business performance of both parties is a definition

a) third-party logistics

b) supply chain collaboration

c) dovetailing

d) relationship marketing

2 / 50

SCM. There are four generic processes involved in any SCM-Planning for operations,Sourcing decisions,Manufacturing related activities and

Purchase

Inventory

Information

Distribution

3 / 50

SCM. Today, a growing number of firms now outsource some or all of their logistics to ________ intermediaries

a) competitors

b) third-party logistics providers

c) channel members

d) cross-functional teams

4 / 50

SCM. What is the meaning of JIT

A, Just integrated technology

B, Just in Time

C, just information technology

5 / 50

SCM. Which of the following is NOT a factor affecting the supply chain?

Reduced number of suppliers

Increased competition

Longer product life cycles

Increased opportunities to strategically use technology

6 / 50

SCM. A ____________ encompasses all activities associated with the flow and transformation of goods from the raw material stage, through to the end user, as well as the associated information flows.

production line

supply chain

marketing channel

warehouse

7 / 50

SCM. What is a perfect order?

a) simultaneous achievement of relevant customer metrics

b) an order that arrives on time

c) an order that arrives undamaged

d) an order that is easy for the receiver to fill

8 / 50

SCM. Just-in-time/SCM purchasing requires the following condition:

Many suppliers

Short-term contracts

Cooperation between purchasing and suppliers

Continuous competitive bidding

9 / 50

SCM. Which one of the following is not a typical question dealt with by an operations managers?

How much capacity will be needed in the months ahead?

What is a satisfactory location for a new facility?

How to motivate employees?

All are typical of operations decisions

10 / 50

SCM. Which of the following statements is true of LEAN?

Lean principles focus on advanced statistical methods

Lean principles include reducing waste.

11 / 50

SCM. .TQM refers to

total quantity management

total quality management

total quality marketing

total quotient management

12 / 50

SCM. Which one of these was not mentioned in the list of recent trends in operations management?

Total quality management

Worker involvement

Global competition

Automation

13 / 50

SCM. Which came last in the development of manufacturing techniques?

Lean production.

Division of labor

Mass production.

Craft production

14 / 50

SCM. A supply chain is a sequence of firms that perform activities required:

a. to find products that are similar

b. to facilitate wholesalers inventory selections

c. to create synergy in their training programs

d. to create and deliver goods to consumers

15 / 50

SCM. Total Quality Management emphasizes

the responsibility of the Quality Control staff to identify and solve all quality-related problems

a commitment to quality that goes beyond internal company issues to suppliers and customers

a system where strong managers are the only decision

makers a process where mostly statisticians get involved

16 / 50

SCM. "Quality is conformance to specifications”-This definition of quality is from point of view of

Customer

Manufacturer

Quality Circle Forum

TQM

17 / 50

SCM. Zero defects in manufacturing is

a. is a relevant goal only in electronic assembly

b. is readily achievable in all areas

c. is the goal of TQM

d. is an unobtainable and misleading idea

18 / 50

SCM. ____ is an example of a pure good.

Restaurant

Dentist

Coal Mining

Education

19 / 50

SCM. What is the best way of informing workers of management decisions:

A, Problem solving.

B, Decision making

C, Communication.

20 / 50

SCM. The amount of inventory kept at each stock point in a warehouse network is usually based on:

Minimizing transportation costs

Constant demand

Tradeoffs between warehousing, inventory, and transportation costs

Product pricing strategy

21 / 50

SCM. In a SC,Material flows in one direction while _________from in both direction

Process

Information

Product

Semifinished Goods

22 / 50

SCM. The inputs to a transformation process include all of the following except

Material

People

Information

Assembly

23 / 50

SCM. Raw materials and specialised services procured are converted into useful service offerings and finaly distributed to customers in following Industry

Hotel

Cement

Sugar

Refinery

24 / 50

SCM. Which of the following are not key attributes of supply chain management?

inventory control

leveraging technology

customer power

all are key attributes

25 / 50

SCM. The goal of Total Quality Management is:

Customer satisfaction

Product differentiation

Brand equity

Acting globally

26 / 50

SCM. A company's channel decisions directly affect every ________.

customer's choices

employee in the channel

channel member

Marketing decision.

27 / 50

SCM. According to the manufacturing-based definition of quality

quality is the degree of excellence at an acceptable price and the control of variability at an acceptable cost

quality depends on how well the product fits patterns of consumer

preferences even though quality cannot be defined, you know what it is

quality is the degree to which a specific product conforms to standards

28 / 50

SCM. The goal of inspection is to

detect a bad process immediately

add value to a product or service

correct deficiencies in products

correct system deficiencies

29 / 50

SCM. A quality loss function utilizes all of the following costs except

the cost of scrap and repair

the cost of customer dissatisfaction

inspection, warranty, and service costs

sales costs

30 / 50

SCM. The bullwhip effect:

a) is an ineffective way to motivate warehouse employees

b) applies to rodeos and has nothing to do with supply chain management

c) refers to the “swaying” motion associated with triple trailers

d) refers to variability in demand orders among supply chain participants.

31 / 50

SCM. All of the following costs are likely to decrease as a result of better quality except

customer dissatisfaction costs

maintenance costs

scrap costs

warranty and service costs

32 / 50

SCM. What is a perfect order?

simultaneous achievement of relevant customer

metrics an order that arrives on time

an order that arrives undamaged

an order that is easy for the receiver to fill

33 / 50

SCM. Today, a growing number of firms now outsource some or all of their logistics to ________intermediaries.

competitors

third-party logistics providers

channel members

cross-functional teams

34 / 50

SCM.When suppliers, distributors, and customers collaborate with each other to improve the performance of the entire system, they are participating in a ________

a) channel of distribution

b) value delivery network

c) supply chain

d) supply and demand chain

35 / 50

SCM. The trend in organizations is to place the SCM function:

Under the manufacturing function

Under the finance function

Under the engineering function

At the same level as the other major functions

36 / 50

SCM. Which of the following activities is not a direct responsibility of operations management?

Determining the exact mix of products and services that the customers will want

Designing the operation's products,services and processes

Developing an operations strategy for the operations

Planning and controlling the operation

37 / 50

SCM. Which of the following statements is true of LEAN?

Lean principles focus on advanced statistical methods

Lean principles are separate body of knowledge

Lean principles have been developed over a lengthy period of time.

Lean principles include reducing waste.

38 / 50

SCM. A supply chain is essentially a sequence of linked:

Customer and prospects

Supplier and manufacturer

Suppliers and customers

Warehousing and wholesaling units

39 / 50

SCM. Lean production involves

Elimination of cost only

Improvement of quality only

Improvement of speed only

Elimination of all types of waste

40 / 50

SCM. Which of the following is not an area of responsibility for a logistics manager?

inventory

purchasing

warehousing

marketing

41 / 50

SCM. A successful TQM program incorporates all of the following except

continuous improvement

employment involvement

benchmarking

centralized decision making authority

42 / 50

SCM. , In procurement objectives, what is not of essesnce?

A, Price,

B, Economy / Value

C, Efficiency.

43 / 50

SCM.What name is often given to the Japanese „total approach‟ to removing anything that does not add value to the final product?

Jobbing processes

Lean production processes

Continuous processes.

44 / 50

SCM. Positive, long-term relationships between supply chain participants refer to:

a) co-opetitions

b) tailored logistics

c) partnerships

45 / 50

SCM. The resources required by every Manager to achieve the pre- determined goals and objectives are:

A, Manpower, Men

B, Machine, Material

C, Money, Methods

D, All of the above

46 / 50

SCM. A supply chain is essentially a sequence of linked:

Customer and prospects

Supplier and manufacturer

Suppliers and customers

47 / 50

SCM. Which of the following is not a typical supply chain member?

Retailer‟s creditor

wholesaler

reseller

producer

48 / 50

SCM. Which of the following is not a type of operations?

Goods production

storage/transportation

entertainment

price reduction

49 / 50

SCM. what is the meaning of EOQ

A, Economic Order Quantity

B, Economic Optimum Quantity.

C, Economy Ordering quantity.

50 / 50

SCM. The supply chain concept originated in what discipline?

a) marketing

b) operations

c) logistics

d) production

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Purchasing and Supply Chain Management Examination

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