Reference no: EM132222463

1. Model validation (supply chain) takes place:

a. When the software is selected

b. When customer demand has been compiled

c. When customer demand and costs have been agreed to

d. When executives have looked at the recommendations

2. Some of the many reasons to implement a supply chain network planning exercise include:

a. Potential mergers and/or acquisitions

b. Availability of new technology lessens the need for warehouses

c. Either a or b

d. Neither a nor b

3. During a supply chain network planning project, the team is most likely to interact with:

a. Human resources

b. Accounting and finance

c. Individual sales people

d. Government agencies

4. Since the supply chain model solutions don’t vary much with certain details, it is customary to:

a. Combine customers at the state/province level

b. Combine individual products into product groups

c. Use the same cost for all transport modes

d. Use the same labor rate for all installations

5. Data gathering is usually the most time-consuming part of a supply chain network planning project because:

a. Customer demand is usually not in the format and detail the network model requires

b. Costs are often not summarized at the level of detail the model requires

c. Only a.

d. Only b.

e. Both a and b.