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In the basic supply chain, return refers to supporting customers and product returns.

A) True
B) False

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What is collaborative engineering?


A) Enables an organization to react more quickly to resolve supply chain issues.
B) Applies technology to the activities in the order life cycle from inquiry to sale.
C) Allows an organization to reduce the cost and time required during the design process of a product.
D) Helps organizations reduce their investment in inventory while improving customer satisfaction through product availability.

E) A) and B)
F) All of the above

Correct Answer

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In the basic supply chain, deliver refers to planning for transportation of goods to customers.

A) True
B) False

Correct Answer

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Collaborative engineering helps organizations reduce their investment in inventory while improving customer satisfaction through product availability.

A) True
B) False

Correct Answer

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What is the purchasing of goods and services to meet the needs of the supply chain?


A) Procurement
B) Logistics
C) Materials management
D) Bullwhip effect

E) B) and D)
F) A) and C)

Correct Answer

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