WorksheetsMGT 1163 - Supply Chain Logistics Management (Chapter 1)
Total questions: 10
Worksheet time: 5mins
Which of below is incorrect concept of 7R
Right Product
Right Price
Right Vendor
Right Quality
Supplier - Storage - Service - Customer is the typical supply chain for
Product
Service
Experience
Customer
Maximum amount the customer is willing to pay for the product describes
Supply Chain Cost
Net Value
Supply Chain Surplus
Customer Value
Wasted materials, waster money, wasted person-hours, wasted delivery time. Which of below objectives best to overcome these problems.
Improving Quality
Reducing Cost
Improving Efficiency
Enhance Customer Satisfaction
Supply Chain Management strives to improve coordination between the business's various stakeholders. Which of below is incorrect to describe the stakeholder mentioned
Customers
Government
Suppliers
Production Team
There are 4 major decision areas in Supply Chain Management except
Location
Production
Inventory
Machine
Economic Factor, Technological Factor, Geographical Factor and Environment Factor. These factors are referring to
Transportation Decisions
Inventory Decisions
Location Decisions
Production Decisions
These statements best describe outsourcing method in production decision except
Allowing companies to focus resources on core activities
Benefit from specialized skills and advanced technologies
Company can maintain tighter control over production process
Ability to quickly scale operations up or down based on demand
Which of the following statement best describe upstream management?
Concerned with the final assembly and quality control of products before they are shipped to retailers.
Deals with managing the distribution channels and logistics for delivering finished products to customers.
Involves overseeing and optimizing the processes related to raw material acquisition, supplier relationships, and early-stage production planning.
Focuses on coordinating marketing strategies and customer outreach to enhance product sales.
The movement of money from the customer to the supplier is referring to
Material Flow
Upstream and Downstream Management
Information Flow
Financial flow
