SCM Quiz

Dynamic and involves the constant flow of information, products, and funds among different stages

(a)  

The aim of supply chain management is

• to provide customer satisfaction

• improve the quality of a product

• integrate supply and demand management

• increase production.

A typical manufacturing supply chain sequence is

• Storage–Supplier–manufacturing–storage–distributor–retailer–customer

• Supplier–Producer–storage–store–distributor–retailer–customer

• Supplier–manufacturer–storage–distributor–storage–retailer–customer

• Supplier–Producer–store–store–retailer–distributor–customer

The main decision areas in supply chain management are

• location, production, distribution, inventory

• planning, production, distribution, inventory

• location, production, scheduling, inventory

• location, production, distribution, marketing

One example of external factors that influence demand is

• changes in consumer tastes

• expansion

• packing design

• pricing and advertising promotions

Demand patterns where there is free movement and appear periodically in the short term and are repeated are the essence of the pattern

• trend cycle

• cycle

• seasonal

• trend

Taxes, tariffs, currency exchange rates, and external economic factors are examples of factors that influence network design decisions, namely factors

• competitor

• logistics and facility costs

• strategy

• macroeconomics

The relationship between main and supporting activities in the company to achieve the company's competitive strategy is the essence of

• Supply chain

• Value chain

• Demand uncertainty

• Implied demand uncertainty

The main objective of an efficient supply chain in a supply chain strategy is

• Quick response to demand

• Minimize inventory to keep costs low

• Lower product prices

• Supplying demand at lowest cost

The time factor needed for the market to accept and respond when a new product is available is a factor that influences distribution, namely

• response time

• product variety

• time to market

• customer experience