Supply Chain Management Study Questions Essay - 2696 Words

Chapter 1 Introduction to Operations and Supply Chain Management TRUE/FALSE 1. Every organization has an operations function. Answer: True Reference: Why Study Operations and Supply Chain Management? Difficulty: Easy Keywords: organization, operations, function 2. Most organizations function as part of a larger supply chain. Answer: True Reference: Why Study Operations and Supply Chain Management? Difficulty: Easy Keywords: organization, supply, chain, supply chain 3. The supply chain is a network of manufacturers and service providers that work together to convert and move goods from the raw materials stage to the end user. Answer: True Reference: Why Study Operations and Supply Chain†¦show more content†¦Answer: False Reference: Operations and Supply Chain Management and You Difficulty: Moderate Keywords: interface, marketing, operations MULTIPLE CHOICE 17. The collection of people, technology, and systems within an organization that has primary responsibility for providing the organization’s products or services is called: a. the supply chain. b. the operations function. c. the evoked set. d. relationship management. Answer: b Reference: Why Study Operations and Supply Chain Management? Difficulty: Easy Keywords: operations, function 18. Which of the following is NOT a flow typically found in a supply chain? e. physical f. information g. monetary h. risk Answer: d Reference: Why Study Operations and Supply Chain Management? Difficulty: Moderate Keywords: supply, chain, flow AACSB: Communication 19. Which of the following is primarily a supply chain management decision? i. from whom to purchase materials j. how many of each item should be produced k. the mix of labor skill and automation l. plant location Answer: a Reference: Why Study Operations and Supply Chain Management? Difficulty: Difficult Keywords: supply, chain, decision, supplier 20. ______________ is an example of an output of the transformation process. m. Material n. Information o.Show MoreRelatedCase Study Questions On Supply Chain Management1733 Words   |  7 PagesIE7325 SUPPLY CHAIN MANAGEMENT SUMMER-2016 CASE STUDY 1 Seven Eleven Japan Co. BY VARUN REDDY AIMALLA - FW9391 RANJEETH RIKKALA - FX0025 MURARI GAVINI - GC0708 â€Æ' Q1). A convenience store chain attempts to be responsive and provide customers with what they need, when they need it, where they need it. What are some different ways that a convenience store supply chain can be responsive? What are some risks in each case? ANSWER: According to the case study on Seven-Eleven it portraitsRead MoreCase Study Assignment1060 Words   |  5 Pages2011 Course Title : Supply Chain Management Class Timing: Wednesday 7:00 P M to 10:10 PM Class Room: NAC 506 Section: 1 Instructor Information Instructor: Kanchan Das, Ph. D. Campus Address: NAC 644 Phone: Campus : Extension 1771, Cell phone #01753335095 E-mail: kkumardas@gmail.com Office hours: Mondays and Wednesdays: 4:00 to 5:00 PM or by appointment. Course Descriptions: The course covers business process concepts of Supply Chain Management including its strategicRead MoreGscm550 Week1 Study Questions818 Words   |  4 PagesCourse: GSCM550 – Logistics, Distribution and Warehousing Assignment: Chapter 2 - Study Question – 1, 4 Chapter 3 – Study Question – 2, 4 Chapter 2 Question 1: Illustrate a common trade-off that occurs between the work areas of logistics. According to Bowersox (2012) â€Å"trade-offs between procurement, manufacturing, and logistics is to understand that the trade-off is between the cost and risk associated with anticipatory manufacturing and the loss of economy of scale resulting from introducingRead MoreAn Empirical Analysis Of Supply Chain Risk Management1692 Words   |  7 PagesHoenig in the paper titled â€Å"An empirical analysis of supply chain risk management in the German automotive industry† applied the practices of supply chain risk management by surveying sixty-seven manufacturing plants in German automotive industry. The need of real empirical research in supply chain risk management to help analyzing supply chain risk and test the previous research proposed instruments that can be applied for supply chain risk management was the motivation of this work. In this paper, theRead MoreSupply Chain Risk Management Analysis1521 Words   |  7 Pages Uta Jà ¼ttner, (2005),Supply chain risk management, The International Journal of Logistics Management, Vol. 16 Iss 1 pp. 120 - 141. Supply chain risk management is an intersection of supply chain management and risk management. For this we need to understand the benefits and as well as the limitations of both the concepts. Supply chain risk is about any threat of interruption in the order of workings of the supply chain. This Risk is generated as result of risk ‘drivers’ that are internal or externalRead MoreSupply and Demand Chain Management: The Effect of Adding Services to Product Offerings by 823 Words   |  4 Pagesoperations management facts and theories are objectively presented throughout the article of â€Å"Supply and Demand Chain Management: The Effect of Adding Services to Product Offerings† by Oscar Bustinza, Glenn Parry and Ferran Vendrell-Herrero. These theories include supply chain management and competitive advantage, operations strategy and technology. The main purpose of the literature being reviewed is to address the research question of â€Å"How does changing the offer ing affect the supply and demandRead MoreSupply Chain Management Essay957 Words   |  4 PagesThe first research publication presents guidelines on focus to the study one development efforts to enabling firms or companies to benefit from e-business in the (SCM) supply chain management. The type of presented resources allocation is based on exports opinions. The previous study (Christopher, 1998) it has identified that the tasks orientated, and interaction centred which focus on groups workload as an ideal methodology for exploring the experience of professionals and experience describingRead MoreSupply Chain Risk Management Plan1299 Words   |  6 Pages(2005),Supply chain risk management, The International Journal of Logistics Management, Vol. 16 Iss 1 pp. 120 - 141. â€Å"Supply chain risk management is the process of identifying, assessing and controlling threats to an organization s capital and earnings that are caused by the organization s Supply Chain.  Companies with supply chain risk management plans in place typically place a chief risk office(CRO) in charge of overseeing the effectiveness of the organization s supply chain management strategyRead MoreAgile and Lean Supply Chain Management1719 Words   |  7 Pages Leagile is the combination of the lean and agile paradigms within a total supply chain strategy by positioning the decoupling point so as to best suit the need for responding to a volatile demand downstream yet providing level scheduling upstream from the marketplace. The decoupling point separates the part of the organisation (supply chain) oriented towards customer orders from the part of the organisation (supply chain) based on planning. In this report, I attempt to prepare the literature reviewRead MoreA More Granular B reakdown Of The Four Categories Shown1196 Words   |  5 Pagespublicized examples of supply-chain implementations sourced from healthcare and hospital environments; †¢ Case studies and related articles: studies, white papers, and published dissertations with a specific focus on the healthcare supply chain; †¢ Supply chain publications and websites: organizations and associations specific to healthcare supply-chain management, including The Association for Healthcare Resource and Materials Management, Healthcare Purchasing News, and Supply Demand Chain Executive. Methodology