Title: Logistics and Supply Chain Management
Course: Demo 1

Q: ________ is the management of the network of interconnected steps involved in the provision of product and service packages.
- Surplus management
- Operations management
- Supply chain management (SCM)
A: Supply chain management (SCM)

Q: Supply chain management involves:
- finished goods from point of origin to point of consumption
- all movement and storage of raw materials
- work-in-process inventory
A: finished goods from point of origin to point of consumption; all movement and storage of raw materials; work-in-process inventory

Q: Some of the issues addressed by supply chain management (SCM) include:
- customer service and customer satisfaction
- number, location, and networks of suppliers
- marketing practices
A: customer service and customer satisfaction; number, location, and networks of suppliers

Q: What are some of the parts in a distribution network configuration?
- production facilities and cross-docs
- warehouses and distribution centers
- customers
A: production facilities and cross-docs; warehouses and distribution centers; customers

Q: Supply-chain activities must be well coordinated in order to achieve the lowest total logistics cost. If only one of the activities is optimized, ________ may increase the total cost.
- cross-docs
- customers
- trade-offs
A: trade-offs

Q: Besides information and inventory management, what other trade-offs are key to developing the most efficient supply chain management?
- supply chain execution
- cash-flow
- customer relationship management
A: supply chain execution; cash-flow