1. QUIZ:-
Q;- Another name for supply chain is value chain?
a) True b) false
Q:- Each org in a supply chain is a link between the demand portion of
the chain and the supply portion ?
a)True b) false
Q:- centralized purchasing can often obtain better prices but receive
poorer services from suppliers.
a) True b) false
Q:- Efficient consumer response (ECR) is a supply chain mgmt initiative
specific to the grocery industry?
a) True b) false
Q:- Inventory velocity refers to the rate at which inventory goes
through the system?
a) True b) false
Q:-Supply chain mgmt is becoming a necessity especially for large
Companies for all of the reasons except:
a) The need to improve operations
b) Increasing level of outsourcing
c) Competitive pressures
d) The need to maintain inventories

2. e) Govt. regulations require them to
Q:- the bullwhip effect is most closely associated to-
a) Delayed differentiation
b) The bullwhip effect
c) Cross docking
d) Disintermediation
e) Bar codes
Q:-Which is true for cross docking?
a) It offsets the effect of delayed differentiation.
b) It occurs when suppliers have their loading docks adjacent to their
customer’s docks.
c) It reduces storage cost
d) It occurs the bullwhip effect
e) It refers to moving goods across a loading dock and into storage.
Q:- which one of the following is not one of the three main links in the
supply chain?
A) Transformation of materials into semi finished and finished
products organization owns
B) Production process
C) Material flow from suppliers and their downstream suppliers at all
levels.
D) None of the above
Q:- which of the following is the factor driving supply chain
management:-
a) Visibility

3. b) Speed
c) Competition
d) all of the above
Q:- which of the following is the principle of supply chain
management:-
a) Customize the logistics network and focus intensively on the service
requirements.
b) Listen to the signals of market demand and plan accordingly
c) Segment customers by service needs and then tailor those services
to customer needs.
d) All of the above
Q:-Which of the following is not the SCM industry best practice:-
a) be future oriented
b) make the sale to the suppliers
c) listen to the signals of market demand and plan accordingly
d) win employees of traditional business practices
Q:- what enables an org to react more quickly to resolve supply chain
issues?
a) Collaborative demand planning
b) Selling chain management
c) Collaborative engineering
d) Supply chain event mgmt
Q:- what describes all of the activities managers do to help companies
create goods?
a) Operations management

4. b) Production management
c) Transformation process
d) Production
Q:- when does operations mgmt (OM) primarily increases value added ?
a) During the input process
b) During the transformation process
c) During the output process
d) None of the above
Q:- A vendor or a supplier is a------------------------- term meaning anyone
who provides goods or services to the company?
a) Supply chain management
b) Value chain
c) Distribution centre
d) Enterprise resource planning (ERP)
Q:-vendor may or may not function as------------------------ of goods:-
a) Engineering
b) Biotechnology
c) Technology
d) Manufacturing
Q:- Efficient integration of suppliers, transporters , manufacturers,
retailers and all other parties associated with the delivery of the final
product:-
a) Operations
b) Supply chain mgmt
c) Logistics

5. d) Supplier mgmt
Q:- these are all examples of ----------------------------- duties ; supplier
selection, purchasing, negotiation, supplier relationship mgmt,
materials, inventory mgmt.
a) Logistics
b) Procurement
c) Inventory mgmt
d) Operations.
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