Question 1

Any supply chain is connected through a flow of:

Choose only one option

Inventory, information, processes

Inventory, people, funds

People, processes, funds

Inventory, funds, information

2.

Question 2

Upstream supply chain is a term used for tiers in a supply chain that:

Choose only one option

Supplies required goods and/or services to tiers closer to end customers

Receive inventory from downstream tiers

Deliver goods and services via cargo ships

Provides services to VIP customers of supply chains

3.

Question 3

If an Australian beef exporter is informed of a disease outbreak among the live cattle already exported to China, how can they make sure they eliminate the contaminated cattle?

Choose only one option

They need to contact live cattle feedlots and distributors in China and ask for health check of the cattle

They need to stop supplying from the pasture with the disease outbreak

They can track the cattle using the RFID tags on cattle

They need to eliminate all the cattle exported during the disease outbreak period

4.

Question 4

The term 'service level' in supply chains refers to:

Choose all options that apply

The level of service needed to achieve maximum cost reduction in supply chains

The level of service buyers provide downstream supply chain tiers

The level of service suppliers provide the buyers

The degree to which customer demand is met

5.

Question 5

If a supply chain has a nearly perfect match between supply and demand, then it should focus on:

Choose only one option

Product innovation

Cost minimization

Increasing product life cycle

Increasing profit margins

6.

Question 6

Which option below has a match between product and supply chain?

Choose only one option

A top business school with inflexible offerings for the full-time and part-time MBAs

A consumer goods supply chain with countless different types of toothpaste

A luxury furniture supply chain with countless choices of color for any given electric recliner chair

A luxury car supply chain with limited variations for their customers at their dealers' sites

7.

Question 7

A Swiss ski resort is looking for a supplier of catering services for all their resorts across Switzerland. To select the best supplier, they should primarily focus on:

Choose only one option

Speed and flexibility of supplier

Cost and quality of supplier

Cost and flexibility of supplier

Cost and speed of supplier

8.

Question 8

A garment manufacturer's supply chain strategy includes all of the following EXCEPT:

Choose only one option

Developing new fashion clothing designs

Managing inventory of textile fabrics

Managing the transportation operations to boutique stores

Developing a new data center to share order data with suppliers

9.

Question 9

Consider IKEA's supply chain and the supply chain of a luxury furniture business. As a supply chain consultant, which one would you think requires more sophisticated demand forecasting tools?

Choose only one option

Both supply chains

Luxury furniture supply chain

IKEA supply chain

Neither supply chains

10.

Question 10

Consider IKEA's supply chain and the supply chain of a luxury furniture business. As a supply chain consultant, which one would you think requires more investment on reducing its lead times?

Check only one option

IKEA supply chain

Both supply chains

Luxury furniture supply chain

Neither supply chains