Quiz#3

1. It is a core supply chain function and includes supply chain planning and supply chain execution capabilities.

• Materials planning
• Supply chain management
• Material management

2. The process of maintaining a business’s stock level which is materials in our case, to meet customer demand and minimize costs.

• Inventory control
• Material handling
• Purchasing

3. This is used to carry goods, raw materials, and people outside the manufacturing plant.

• Materials planning
• External transportation
• Material handling

4. A wide range of manual, semi-automated and automated equipment that support logistics and make the supply chain work very easily.

• Materials planning
• External transportation
• Material handling

5. A process includes activities like ordering, expediting, receiving, and fulfilling payment.

• Purchasing
• Material handling
• Supply chain management

6. Management of the flow of goods and services includes all processes that transform raw materials into final products between businesses and locations

• Supply chain management
• Material management
• Inventory Planning and Control

7. It pertains to the raw materials required for each stage of manufacturing, equipment capacity and constraints, and staffing requirements throughout the SCM process.

• Manufacturing
• Sourcing
• Planning

8. It views consumer returns as a communication between the client and the business.

• Returning
• Sourcing
• Delivering

9. Once products are made and sales are finalized, a company must get the products into the hands of its customers.

• Returning
• Sourcing
• Delivering

10. The company transforms raw materials by using machinery, labor, or other external forces to make something new.

• Manufacturing
• Material management
• Inventory Planning and Control