Practice Quiz

Supply Chain Manager Exam Prep - Question List

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21. A balanced supply chain segmentation approach requires the identification of reasonably sized groupings of customers that have _______________.
  1. Similar requirements and expectations
  2. Similar size and wants
  3. Different desires and wants
  4. None of the above.
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22. What are the major enablers of a responsive supply chain?

i. Value chain
ii. Information technology and systems
iii. Knowledge management
  1. i and ii.
  2. ii and iii.
  3. i and iii.
  4. i, ii, and iii.
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23. Responsiveness can be defined as the ability to react purposefully and within a(n) _________or changes in the marketplace.
  1. Appropriate time scale to customer demand
  2. Appropriate value scale to customer demand
  3. Flexibility of aggressive supply
  4. All of the above.
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24.

The source for all strategic and planning decisions in a supply chain is called what?

  1. Forecasting of demand
  2. Forecasting of supply
  3. Forecasting of Errors
  4. Logistics Predictions
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25. What are the 3 R's of supply chain efficiency?
  1. Right producer, right raw materials, and right storage.
  2. Right product, right place, and right time.
  3. Right product, right time, and right seller.
  4. Right producer, right price, and right seller.
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