BM 2 Unit 2 Test Review

Front

Trees Incorporated is a company that provides chopped-down trees to paper manufacturers. This company is an example of what common supply chain member?

Back

supplier

Front

The purpose of supply chain management is to:

Back

ensure inventory is available to meet demand.

Front

Which job is responsible for overseeing the process of getting products into the marketplace?

Back

supply chain manager

Front

One reason that companies strive to optimize their supply chain is to:

Back

lower costs

Front

Which supply chain flow follows items as they progress from raw material to being consumed?

Back

product

Front

Why would an organization hold finished goods inventory?

Back

to execute production strategy needs

Front

Gloves for workers to wear to protect their hands during the production process are examples of what type of inventory?

Back

maintenance, repair, and operating goods

Front

Which type of inventory has a function in the input process? Options: paint supplies, finished goods, defective items, packing materials

Back

packing materials

Front

Sally drives a truck that transports Nike shoes from the production plant to retail stores. The goods on the truck are:

Back

transit inventory.

Front

A business orders 10% more widgets than it needs because the supply of and the demand for widgets have been difficult to forecast in recent months. Which type of inventory is the business using?

Back

perpetual