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Supply Chain Management Quiz

Authored by ernest yose

Information Technology (IT)

University

Used 2+ times

Supply Chain Management Quiz
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41 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Henry Ford's flow production process lacked a critical concept found in today's more customer responsive supply chain environment. What was it missing?

Velocity

Flexibility

Quality standards

Flexible workforce

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A product which has little need for real-time information and uses a simple connectivity technology is best described by which supply chain strategy type?

Stable

Unstable

Reactive

Efficient reactive

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The practice of bringing the supply chain inside one organization refers to:

Chase integration

Lateral integration

Vertical integration

Horizontal integration

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A form of integration in which suppliers and customers aren't completely independent, but instead own limited stakes in one another, is best called:

Cartel

Kanban

Keiretsu

Poka yoka

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following may hamper a lateral supply chain?

Focus

Control

Expertise

Economics of scale

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Supply chain management is about creating:

Net value

Cost reduction

Leaner supply chain

Process improvements

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the real challenge in developing a value stream?

Seeing it from the customer's perspective

Seeing it from the supplier's perspective

Eliminating non-value-added activities

Seeing it from the producer's perspective

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