Questions & Answers
Browse all 15 questions from the
Supply Chain Management Essentials study set below.
Each question shows the correct answer — select a study format above to practice interactively.
1
In what year did the term 'Supply Chain Management' first appear in print, coined by Keith Oliver?
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A
1972
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B
1982
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C
1992
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D
2002
2
Which standard organization developed the SCOR (Supply Chain Operations Reference) model?
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A
APICS
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B
ISO
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C
IEEE
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D
WHO
3
Approximately how many days of inventory does the 'Cash-to-Cash Cycle' measure in a standard supply chain?
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A
Days
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B
Hours
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C
Weeks
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D
Months
4
What is the standard number of 'rights' in the traditional definition of logistics (e.g., right product, right place)?
5
Which global standard serves as a unique identifier for trade items, typically consisting of 13 digits?
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A
ISBN
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B
GTIN
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C
VIN
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D
SSN
6
In 1956, Malcom McLean revolutionized shipping by introducing what technology?
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A
Air cargo
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B
Containerization
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C
Automation
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D
Barcode
7
The 'Economic Order Quantity' (EOQ) formula, first developed in 1913, was created by which person?
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A
Ford Whitman Harris
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B
Eli Whitney
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C
Henry Ford
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D
Adam Smith
8
What percentage of global trade is estimated to be transported by sea?
9
How many primary levels are typically identified in a standard Supply Chain Operations Reference (SCOR) model?
10
Which specific document is used as a contract of carriage between a shipper and a carrier?
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A
Bill of Lading
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B
Invoice
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C
Purchase Order
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D
Packing List
11
What is the maximum number of digits in a standard UCC-128 shipping container barcode?
12
In which decade was the 'Just-in-Time' (JIT) philosophy popularized by Toyota?
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A
1950s
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B
1970s
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C
1990s
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D
2010s
13
What does the '3' in '3PL' (Third-Party Logistics) signify?
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A
The third stage
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B
The third party
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C
The third year
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D
The third sector
14
Which international body governs the 'Incoterms' rules used in global trade?
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A
United Nations
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B
International Chamber of Commerce
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C
World Bank
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D
World Trade Organization
15
How many 'pillars' of sustainability are commonly cited in green supply chain management?