QUESTION: 17

To result in optimal performance for customer service and cost, it is felt that the supply chain of activities as an extension of partnership. This implies many issues, but critical one/s include/includes:

Flow of material
Flow of information and sharing of information, mostly through the internet
Fund transfers
All of these

Answer(s): D

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QUESTION: 18

Take as an example the supply chain of organizations that represent the flow from raw silicon used to make computer chips to the delivery and disposal of the computer itself:

What is illustrated here is but one chain of a set of different component chains that represent a network of suppliers and distributors for a product to manage a supply chain one must:

Try of efficiently plan material and information flows along each chain to maximize cost efficiency, effectiveness, delivery and flexibility.
Understand the network of suppliers and customers
Rapid flows of accurate information and increased organizational flexibility
All of these

Answer(s): D

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QUESTION: 19

What was/were the conflict/s in traditional system before the growth of supply chain concept?

Supply, production and distribution system were organized into separate functions that reported to different departments of a company.
Often departmental objectives were maximized without considering the effect they would have on other parts of the system.
Costly distribution systems were these
Strategy of high inventory pile up was following

Answer(s): A,B

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QUESTION: 20

To get most profit, a company must have:

Best customers service
Lowest production and inventory costs
Lowest distribution costs
All of these

Answer(s): D

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QUESTION: 17

QUESTION: 18

QUESTION: 19

QUESTION: 20