Practice Test GeeksMEM - Master of Engineering Management Practice Test
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Supply Chain Management Flashcards

7 cards from real MEM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

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

    Answer: Production begins only after a confirmed customer order is received

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

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

    Answer: Plan, Source, Make, Deliver, Return

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

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

    Answer: Capability for joint product development

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

  4. Cross-docking in distribution centers primarily aims to:

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

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

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

    Answer: Collaborative Planning, Forecasting, and Replenishment (CPFR)

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

  6. A supply chain risk mitigation strategy that uses multiple suppliers for the same component is called:

    Answer: Dual or multiple sourcing

    Dual or multiple sourcing spreads procurement across several suppliers, reducing dependency on any single source and protecting against supply disruptions.

  7. The cash-to-cash (C2C) cycle time metric is calculated as:

    Answer: Days Inventory Outstanding + Days Sales Outstanding − Days Payable Outstanding

    C2C = DIO + DSO − DPO; it measures how long cash is tied up between paying suppliers and collecting from customers.