Understanding the Supply Chain
True/False
1. A supply chain includes only the organizations directly involved in supplying components needed for manufacturing. Answer: False Difficulty: Moderate
2. A supply chain consists of all parties involved, directly or indirectly, in fulfilling a customer request. Answer: True Difficulty: Moderate
3. A supply chain could be more accurately described as a supply network or supply web. Answer: True Difficulty: Moderate
4. The objective of every supply chain is to maximize the overall value generated. Answer: True Difficulty: Easy
5. The objective of every supply chain is to maximize the value generated for the manufacturing component of the supply chain. Answer: False Difficulty: Moderate
6. Every supply chain must include all 5 stages. Answer: False Difficulty: Easy
7. The cycle view of a supply chain holds that the processes in a supply chain are divided into a series of activities performed at the interface between successive stages. Answer: True Difficulty: Moderate
8. The cycle view of a supply chain holds that 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. Answer: False Difficulty: Moderate
9. The push/pull view of a supply chain holds that 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. Answer: True Difficulty: Easy
10. The push/pull view of a supply chain holds that the processes in a supply chain are divided into a series of activities performed at the interface between successive stages. Answer: False Difficulty: Easy
11. The objective of the customer arrival