MEM Supply Chain Management 2

Question 1

Which of the following best describes a 'make-to-order' (MTO) production strategy?

Accepted Answer

Production begins only after a confirmed customer order is received

Answer

In MTO, manufacturing starts only after a firm customer order is placed, avoiding finished goods inventory but resulting in longer lead times.

Question 2

The SCOR (Supply Chain Operations Reference) model organizes supply chain processes into which primary categories?

Accepted Answer

Plan, Source, Make, Deliver, Return

Answer

SCOR's five primary management processes are Plan, Source, Make, Deliver, and Return, providing a standard framework for supply chain analysis.

Question 3

Which supplier selection criterion is most associated with a strategic partnership rather than a transactional relationship?

Accepted Answer

Capability for joint product development

Answer

Strategic partnerships emphasize long-term collaboration such as joint product development, innovation sharing, and mutual investment beyond simple cost competition.

Question 4

Cross-docking in distribution centers primarily aims to:

Accepted Answer

Reduce storage time by transferring goods directly from inbound to outbound transport

Answer

Cross-docking minimizes storage and handling by moving goods almost immediately from receiving docks to outbound shipments, reducing inventory holding costs.

Question 5

Which concept describes the practice of sharing real-time sales and inventory data between a retailer and its suppliers to improve replenishment?

Accepted Answer

Collaborative Planning, Forecasting, and Replenishment (CPFR)

Answer

CPFR is a business practice that combines real-time data sharing with joint planning between trading partners to align supply and demand more effectively.

MEM - Master of Engineering Management Practice Test

MEM - Master of Engineering Management Practice Test

MEM Supply Chain Management 2