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Globalization and advances in information technology are primary reasons why supply chain management has become a competitive priority for companies.

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List and define four information technology supply chain enablers.

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Some of the more important supply chain ...

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_______________________ is not a perceived advantage of radio frequency identification RFID) technology.


A) Loss of personal privacy
B) Reduced stock-outs
C) Prevention of fraud or theft
D) Lower distribution costs

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Which of the following is not one of the three key performance indicators KPI) used to measure supply chain performance?


A) inventory turnover
B) postponement rate
C) inventory days of supply
D) fill rate

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Supply chain management focuses on integrating and managing the flow of


A) services.
B) information.
C) goods.
D) all the above.

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A computer-to-computer exchange of business documents in a standard format is known as


A) e-business.
B) electronic data interchange EDI) .
C) radio frequency identification RFID) .
D) point-of-sale data.

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All the following are approaches used in risk pooling within a supply chain except


A) reducing the number and variety of parts.
B) creating flexible capacity.
C) encouraging large orders.
D) combining inventories from multiple locations into one location.

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All the following are enablers of efficient supply chain management except


A) bar codes.
B) price tags.
C) RFID tags.
D) the Internet.

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The suppliers in a supply chain are referred to as ______________ supply chain members.


A) downstream
B) midstream
C) upstream
D) none of the above.

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A supply chain consists of an integrated group of processes to source,make,and store products.

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False

Increasing supply chain transparency only magnifies the bullwhip effect.

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Enterprise Resource Planning ERP)is software that helps integrate many of the supply chain components by sharing and organizing information and data among supply chain members.

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Which of the following is not a key performance indicator used in supply chain management?


A) Fill rate
B) Days of supply
C) Cost of goods
D) Inventory turns.

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A company that produces printer cartridges had cost of goods sold last year of $629,462,423.The average value of inventory for raw materials,work-in-process,and finished goods are shown in the table below: A company that produces printer cartridges had cost of goods sold last year of $629,462,423.The average value of inventory for raw materials,work-in-process,and finished goods are shown in the table below:   If the company operates 50 weeks per year then the number of inventory turns would be A) 3.720 B) 2.493 C) 13.4546 D) 28.33 If the company operates 50 weeks per year then the number of inventory turns would be


A) 3.720
B) 2.493
C) 13.4546
D) 28.33

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The bullwhip effect occurs when slight to moderate demand variability becomes magnified as demand information is transmitted back upstream.

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A company that produces specialized video equipment had cost of goods sold last year of $127,000,000.The average value of inventory for raw materials,work-in-process,and finished goods are shown in the table below: A company that produces specialized video equipment had cost of goods sold last year of $127,000,000.The average value of inventory for raw materials,work-in-process,and finished goods are shown in the table below:   If the company operates 50 weeks per year then the weeks of supply in inventory would be A) 4.898 B) 0.098 C) 10.209 D) 35.75 If the company operates 50 weeks per year then the weeks of supply in inventory would be


A) 4.898
B) 0.098
C) 10.209
D) 35.75

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List and explain the three key supply chain performance indicators.

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Students should addr...

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Suppliers and customers rarely participate in the design of a supply chain.

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Supply chain management focuses on integrating and managing the flow of manufactured goods,services and related information.

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True

Who are the upstream and downstream supply chain members?

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The supply chain begins with suppliers.T...

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