#1
Which of the following is not a primary activity in the value chain?
Inbound logistics
Outbound logistics
Procurement
Human resource management
#2
What is the main goal of supply chain management?
Maximizing shareholder wealth
Minimizing customer satisfaction
Minimizing costs
Maximizing customer value
#3
What is the significance of the last-mile delivery in the supply chain?
It is the final step in the production process
It involves the transportation of goods from the manufacturer to the distributor
It refers to the delivery of goods from the distribution center to the end customer
It is the first step in the supply chain process
#4
Which of the following is a key aspect of supply chain sustainability?
Maximizing waste generation
Reducing carbon footprint
Increasing energy consumption
Promoting unethical labor practices
#5
What is the significance of supply chain risk management?
To increase vulnerability to disruptions
To minimize the impact of potential disruptions
To maximize reliance on single suppliers
To decrease the need for contingency planning
#6
What is the significance of supply chain network design?
To increase transportation costs
To optimize distribution channels
To minimize supply chain visibility
To reduce supplier collaboration
#7
Which of the following is a characteristic of a responsive supply chain?
High inventory levels
Long lead times
Flexibility to meet customer demands
Low product variety
#8
What is the Bullwhip Effect in supply chain management?
A sudden increase in demand at the retail level
A decrease in demand across all levels of the supply chain
The distortion of information as it moves through the supply chain
Efficient allocation of resources throughout the supply chain
#9
What is the role of demand forecasting in supply chain management?
To control manufacturing processes
To predict future customer demand
To manage outbound logistics
To optimize procurement
#10
In supply chain terms, what does the term 'lead time' refer to?
The time it takes for a product to be delivered to the customer
The time it takes for a supplier to produce and deliver a product
The time it takes for a product to move through the various stages of production
The time it takes for a customer to place an order
#11
What is the role of information technology in supply chain management?
To increase transportation costs
To reduce communication efficiency
To improve visibility and coordination
To decrease inventory accuracy
#12
Which of the following is a benefit of supply chain integration?
Increased information sharing and collaboration
Increased competition among supply chain partners
Decreased customer satisfaction
Decreased responsiveness to market changes
#13
How does supply chain management contribute to gaining a competitive advantage?
By reducing costs and improving efficiency
By increasing customer dissatisfaction
By decreasing product quality
By limiting distribution channels
#14
What is the concept of Vendor-Managed Inventory (VMI) in supply chain management?
Retailers managing their own inventory
Suppliers managing the inventory at the retailer's location
Customers managing the inventory at the supplier's location
A system without inventory management
#15
Which of the following is an example of a strategic supply chain decision?
Determining the order quantity for a product
Selecting a transportation mode
Setting safety stock levels
Scheduling production runs
#16
What does the term 'lean manufacturing' refer to in supply chain management?
Producing goods using the least amount of resources
Maintaining high inventory levels
Producing goods in large batches
Maximizing waste and inefficiency
#17
What is the role of reverse logistics in supply chain management?
To increase forward flow of goods
To handle the return of products from customers
To optimize outbound transportation
To decrease product quality
#18
What is the primary goal of inventory optimization in supply chain management?
To minimize production costs
To maximize order processing time
To balance inventory levels with customer demand
To maximize lead times