Question 1

Webvan designed a supply chain with large warehouses in several major cities in the United States,from which groceries were delivered to customer homes.They failed partly because of
A) low demand for their service.
B) slow inventory turnover compared to industry averages.
C) higher labor costs for picking orders.
D) poor quality products.

Accepted Answer

The answer of Webvan designed a supply chain with large...

Question 2

When a customer purchases a book online from a company such as Amazon,which of the following is NOT part of the typical supply chain operations?
A) The customer
B) Amazon's web site
C) Amazon's book supplier
D) Amazon's accounting department

Accepted Answer

While Amazon's accounting department is an important part of their overall operations, it is not directly involved in the supply chain operations of fulfilling customer orders for books. The customer, Amazon's website, and Amazon's book supplier are all key components of the supply chain process.

Question 3

Discuss the differences of push and pull supply chain processes.

Accepted Answer

The answer of Discuss the differences of push and pull...

Question 4

Successful supply chain management requires many decisions relating to the flow of information,product,and funds.These decisions fall into three categories or phases.Which of the following is NOT one of these categories?
A) Supply Chain Operation
B) Supply Chain Planning
C) Supply Chain Strategy and Design
D) Supply Chain Alliances

Accepted Answer

The three categories or phases of supply chain management decisions are Supply Chain Planning, Supply Chain Operation, and Supply Chain Strategy and Design. Supply Chain Alliances are not a category or phase but rather a potential strategy or tactic within the overall supply chain strategy and design phase.

Question 5

Describe the cycle view of the processes within a supply chain.

Accepted Answer

The answer of Describe the cycle view of the processes...

Question 6

Supply chain surplus involves what two parts?
A) Manufacturing cost and selling price
B) Customer value and supply chain cost
C) Customer value and high quality products
D) Reliable transportation and supply chain cost

Accepted Answer

Supply chain surplus involves the balance between the customer value received and the cost incurred by the supply chain to provide that value. It is important to find the right balance to maximize the overall success of the supply chain.

Question 7

A supply chain has many stages.It would NOT typically involve this stage.
A) Customer's trip to retailer
B) Retailers
C) Manufacturers
D) Raw materials suppliers

Accepted Answer

The customer's trip to the retailer is not a stage of the supply chain, as it is the final step in the chain where the customer purchases the product. The supply chain typically involves the stages of raw materials suppliers, manufacturers, and retailers.

Question 8

Explain the three macro processes within a supply chain.

Accepted Answer

The answer of Explain the three macro processes within a...

Question 9

Each stage in a supply chain is connected through the flow of products,information,and funds.These flows often occur in both directions and is usually managed by
A) pricing department.
B) one of the stages.
C) upper management.
D) engineering department.

Accepted Answer

One of the stages in the supply chain is responsible for managing the flow of products, information, and funds between the stages. This stage is usually referred to as the integrator or the coordinator of the supply chain. It can be any stage in the supply chain, depending on the structure and the complexity of the chain. However, in most cases, it is the manufacturer, the wholesaler, or the retailer who takes on this role.

Question 10

Explain why supply chain flows are important.

Accepted Answer

The answer of Explain why supply chain flows are important....

Question 11

Explain the push/pull view of the processes within a supply chain.

Accepted Answer

The answer of Explain the push/pull view of the processes...

Question 12

For any supply chain,the source of revenue is generated by
A) efficient operations.
B) information flows.
C) the customer.
D) product flows.

Accepted Answer

The customer is the ultimate source of revenue for any supply chain as they are the ones who pay for the products or services being offered. Without customers, there would be no demand and thus no revenue. While efficient operations, information flows, and product flows are all important components of a supply chain, they are not the source of revenue.

Question 13

Explain the 3 decision phases (categories)that must be made in a successful supply chain.

Accepted Answer

The answer of Explain the 3 decision phases (categories)that must...

Quiz 1: Understanding the Supply Chain

Webvan designed a supply chain with large warehouses in several major cities in the United States,from which groceries were delivered to customer homes.They failed partly because of

When a customer purchases a book online from a company such as Amazon,which of the following is NOT part of the typical supply chain operations?

Discuss the differences of push and pull supply chain processes.

Successful supply chain management requires many decisions relating to the flow of information,product,and funds.These decisions fall into three categories or phases.Which of the following is NOT one of these categories?

Describe the cycle view of the processes within a supply chain.

Supply chain surplus involves what two parts?

A supply chain has many stages.It would NOT typically involve this stage.

Explain the three macro processes within a supply chain.

Each stage in a supply chain is connected through the flow of products,information,and funds.These flows often occur in both directions and is usually managed by

Explain why supply chain flows are important.

Explain the push/pull view of the processes within a supply chain.

For any supply chain,the source of revenue is generated by

Explain the 3 decision phases (categories)that must be made in a successful supply chain.