quiz 1 abd2933

Which of the following is NOT a goal of effective supply chain management?

• Enhancing customer satisfaction through better service

• Increasing inventory levels to prevent stockouts

• Streamlining operations to reduce lead times

Key trends in modern supply chains

• E-commerce expansion

• Digital transformation

• Sustainability Initiatives

• Procurement

The process of managing the flow of goods from the point of origin to the final customer is known as ____________.

• distribution

• inventory

• transportation

• warehousing

Organizations utilize systems such as Customer Relationship Management (CRM), Supply Chain Management (SCM), and data visualization tools to enhance operational efficiency.

• True

• False

Elements in planning and control systems, EXCEPTS:

• Forecasting

• Analytical

• Scheduling

• Inventory management

Oliver is managing a small team at a local bakery. His focus is on ensuring that the daily tasks, such as baking bread and preparing pastries, are executed according to the plan he set for the day.

This statement refer to ______________.

• Strategic planning

• Tactical planning

• Operational control

Rohan is managing a project where he needs to ensure that potential issues in operations are anticipated and mitigated. __________ control are used to achieve this.

• Feedback

• Concurrent

• Feedforward

Example of ________ is aluminum used in aircraft production.

• Raw materials

• Work in process

• Finished goods

• Maintenance, repair, and operation supplies

Reduces inventory levels by producing or ordering materials only when needed.

This statement is best refer to ______________.

• Economic order quantity (EOQ)

• Just-in-Time (JIT)

• ABC Analysis

• Safety stock

______ is extra inventory maintained to mitigated demand uncertainty

• Carrying cost

• Safety stock

• Workforce allocation

• Shop floor scheduling