ASCM 631 – Integrative Supply Chain Management – Midterm Examination Multiple Choice Questions. Choose the one alternative that best answers the question. 2 points each. 1) Successful supply chain management requires which of the following decision phases? 1) _______ A) Supply chain strategy/design B) Supply chain operation C) Supply chain planning D) all of the above E) A and B only 2) Supply chain surplus involves what two parts? 2) _______ A) Reliable transportation and supply chain cost B) Manufacturing cost and selling price C) Customer value and high quality products D) Customer value and supply chain cost 3) Successful supply chain management requires many decisions relating to the flow of information, product, and funds. These decisions fall into three categories or phases. Which of the following is NOT one of these categories? 3) _______ A) Supply Chain Strategy and Design B) Supply Chain Operation C) Supply Chain Alliances D) Supply Chain Planning 4) Customer arrival refers to 4) _______ A) the customer informing the retailer of what they want to purchase and the retailer allocating product to the customer. B) the process where product is prepared and sent to the customer. C) the process where the customer receives the product and takes ownership. D) the point in time when the customer has access to choices and makes a decision regarding a purchase. E) none of the above 5) Which of the following is not a process in the customer order cycle? 5) _______ A) Customer order fulfillment B) Customer arrival C) Customer order receiving D) Customer order entry E) All are processes in the customer order cycle. 6) Supply chain responsiveness includes the ability to do which of the following? 6) _______ A) Handle supply uncertainty B) Match supply chain responsiveness with the implied uncertainty of demand C) Ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness D) Understand customers and supply chain uncertainty E) none of the above 7) The key weakness of the ________ view is that different functions within a firm may have conflicting objectives. 7) _______ A) Intrafunctional scope B) Intercompany scope C) Intraoperation scope D) Interfunctional scope 8) Supply chain responsiveness includes the ability to do which of the following? 8) _______ A) Meet short lead times B) Ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness C) Match supply chain responsiveness with the implied uncertainty of demand D) Understand customers and supply chain E) all of the above 9) A supply chain strategy involves decisions regarding all of the following except 9) _______ A) operating facilities. B) transportation. C) inventory. D) information flows. E) new product development. 10) Pricing directly affects revenues but.