TEST BANK FOR Supply Chain Management Strategy, Planning, and Operation, 8th edition Sunil Chopra Chapter 1-17 Answers are at the End of Each Chapter Chapter 1 MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) The objective of every supply chain is to A) maximize the profit of the manufacturer. C) maximize the net value generated.
1) B) minimize the overall cost generated. D) minimize the cost to the manufacturer.
2) The push/pull view of a supply chain holds that A) the processes in a supply chain are divided into 2 categories depending on whether they are initiated in response to or in anticipation of customer orders. B) all processes in a supply chain are initiated in response to a customer order. C) the processes in a supply chain are divided into a series of activities performed at the interface between successive stages. D) all responses in a supply chain are performed in anticipation of customer orders.
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3) The manufacturing and shipping process in the manufacturing cycle is equivalent to the A) order receiving process in the replenishment cycle. B) order trigger process in the replenishment cycle. C) order entry process in the replenishment cycle. D) order fulfillment process in the replenishment cycle.
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4) A decision made about which markets will be serviced by which locations falls in the supply chain phase A) design B) planning C) operation D) conceptualization
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5) The relationship between the manufacturer and supplier during the procurement cycle is very similar to the relationship between A) retailer and distributor. B) customer and retailer. C) distributor and manufacturer.
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6) Supply chain macro processes include which of the following? A) Internal Relationship Management (IRM) B) Customer Relationship Management (CRM) C) Supplier Relationship Management (SCRM) D) External Relationship Management (ERM)
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7) The time horizon of the operation phase is typically A) over the next several years. C) weekly or daily.
7) B) monthly or quarterly. D) quarterly or yearly.
8) The activities associated with planning typically occur during which macro process? A) CRM B) ISCM C) SRM D) DRM
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9) The customer order cycle occurs at the A) manufacturer/supplier interface. C) distributor/manufacturer interface.
9) B) retailer/distributor interface. D) customer/retailer interface. 1