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Supply Chain Management Study Questions

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Supply Chain Management Study Questions
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 Management? Difficulty: Easy Keywords: organization, supply, chain, network

4. To participate in a supply chain, a firm must actually handle the physical goods at some point. Answer: False Reference: Why Study Operations and Supply Chain Management? Difficulty: Moderate Keywords: decision, supply, chain, operations

5. Information and materials are two examples of inputs to the transformation process. Answer: True Reference: Why Study Operations and Supply Chain Management? Difficulty: Easy Keywords: information, materials, input, transformation AACSB: Communication

6. In general, operations management activities are information and decision intensive. Answer: True Reference: Why Study Operations and Supply Chain Management? Difficulty: Moderate Keywords: information, decision, operations, management

7. Of the three flows linking organizations in a supply chain, information and monetary flows always move upstream and physical flows always move downstream. Answer: False Reference: Why Study Operations and Supply Chain Management? Difficulty: Moderate Keywords: information, monetary, information, flows, supply, chain AACSB: Communication

8. A
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