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INT Business HW 1 - For the test

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1. A distribution center is also called a fulfillment center
2. Characteristics of physically efficient supply chains include functional products
3. Procurement is responsible for negotiating the price of goods purchased from its
suppliers.
4. Make-to-order is a viable strategy when product variety is desirable
5. Characteristics of market-responsive supply chains include all of the following EXCEPT
functional products
6. Company A provides corn to Company B to make into corn syrup. Company B sells its
corn syrup to Company C, who makes ice cream for sale at Company D. Company B is
a tier 1 supplier in the supply chain of ice cream.
7. Which of the following is a strategic decision in the context of supply chain
management? To decide whether to outsource production or not
8. Reasons for overseas sourcing include reducing labor costs
9. Characteristics of innovative products include frequent markdowns
10. The bullwhip effect is the tendency for demand to be more volatile at Higher levels of
the supply chain
11. Which of the following is a match between the type of supply chain and the type of
product? Physically efficient and functional
12. From which supply chain level would an online order placed on Walmart.com likely be
shipped? distribution center
13. Which of the following is NOT a reason for the bullwhip effect? Ordering a quantity that
exactly matches demand.
14. A supply chain for goods and services consists of a Network of firms and locations that
begins with Raw Materials and ends with Final Users.
15. Tactical decisions usually influence a firm’s performance in the next few days
16. Which of the following is an example of functional products? Toilet Paper
17. supermarket is typically at the Retailer level of a supply chain.
18. Company A provides corn to Company B to make into corn syrup. Company B sells its
corn syrup to Company C, who makes ice cream for sale at Company D. Company D is
a Retailer in the supply chain of ice cream.
19. A supply chain that involves suppliers of raw materials in Germany, manufacturers in
China, distributors in Spain, and retailers in the United States has 4 different levels or
stages.
20. Company A provides corn to Company B to make into corn syrup. Company B sells its
corn syrup to Company C, who makes ice cream for sale at Company D. Company C is
a Manufacturer in the supply chain of ice cream.
21. Innovative products are relatively Risky because they can experience substantial
variability.
22. With Make-to-stock operations, a product is made before the demand for that product
has been identified.
23. A small, independently operated deli has decided to open a new store on the opposite
side of town. Which form of demand variability would this introduce? Location
24. Which of the following is a tactical decision in the context of supply chain management?
To decide whether to use overtime this week or not
25. The four key costs associated with a supply chain include all of the following EXCEPT
Lead Time.
26. Company A provides corn to Company B to make into corn syrup. Company B sells its
corn syrup to Company C, who makes ice cream for sale at Company D. Company A is
a tier 2 supplier in the supply chain of ice cream.
27. Which of the following statements about supply chain decisions is TRUE? Supply chain
decisions are about selecting the right level of flexibility to counteract the amount
of variability in a supply chain.
28. Supply chain partners can increase the variability in the supply chain in a number of
ways EXCEPT failing to cooperate with competitors
29. C&A Clothiers, an American company, decides to make and sell its products in Australia.
C&A is able to mitigate what kind of disruptions to its supply chain? Currency
fluctuations
30. Lead time is the time between when an order is Submitted and when it is Delivered.
31. Characteristics of functional products include all of the following EXCEPT frequent
markdowns.
32.
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