Question 1

What uses electronic tags and labels to identify objects wirelessly over short distances?

Accepted Answer

A)   3D Printing
B)   Robotics
C)   Drones
D)   RFIDE) B) and C)
F) None of the above

Question 2

In the basic supply chain return refers to prepare to manage all resources required to meet demands.

Accepted Answer

A) True 
 B)False

Question 3

What is selling chain management?

Accepted Answer

A)   Enables an organization to react more quickly to resolve supply chain issues
B)   Applies technology to the activities in the order life cycle from inquiry to sale
C)   Allows an organization to reduce the cost and time required during the design process of a product
D)   Helps organizations reduce their investment in inventory while improving customer satisfaction through product availabilityE) A) and C)
F) A) and B)

Question 4

Logistics can help a company answer the following question: What quantity of raw materials should we purchase to minimize spoilage?

Accepted Answer

A) True 
 B)False

Question 5

Which of the following questions can procurement help a company answer?

Accepted Answer

A)   What quantity of raw materials should we purchase to minimize spoilage?
B)   How can we guarantee that our raw materials meet production needs?
C)   At what price can we purchase materials to guarantee profitability?
D)   All of these.E) All of the above
F) None of the above

Question 6

Selling chain management applies technology to the activities in the order life cycle from inquiry to sale.

Accepted Answer

A) True 
 B)False

Question 7

Which of the below metrics represents the agreed-upon time between the purchase of a product and the delivery of the product?

Accepted Answer

A)   Back order
B)   Inventory cycle time
C)   Customer order cycle time
D)   Inventory turnoverE) C) and D)
F) B) and D)

Question 8

What focuses on creating artificial intelligence devices that can move and react to sensory input?

Accepted Answer

A)   3D Printing
B)   Robotics
C)   Drones
D)   RFIDE) None of the above
F) A) and B)

Question 9

Walmart and Procter & Gamble (P&G)  implemented a tremendously successful SCM system. The system linked Wal-Mart's ________ centers directly to P&G's ________ centers.

Accepted Answer

A)   manufacturing, distribution
B)   distribution, manufacturing
C)   stores, distribution
D)   distribution, storesE) B) and D)
F) C) and D)

Question 10

Supply chain execution systems ensure supply chain cohesion by automating the different activities of the supply chain.

Accepted Answer

A) True 
 B)False

Question 11

What enables an organization to react more quickly to resolve supply chain issues?

Accepted Answer

A)   Supply chain event management
B)   Selling chain management
C)   Collaborative engineering
D)   Collaborative demand planningE) None of the above
F) A) and C)

Question 12

What is a community center that provides technology, manufacturing equipment, and educational opportunities to the public that would otherwise be inaccessible or unaffordable?

Accepted Answer

A)   Computer-aided design/computer-aided manufacturing
B)   Maker movement
C)   Makerspace
D)   RFID electronic product codeE) All of the above
F) A) and C)

Question 13

Which of the following is not one of the five basic components of supply chain management?

Accepted Answer

A)   Plan
B)   Source
C)   Cost
D)   DeliverE) C) and D)
F) B) and D)

Question 14

What systems are used to create the digital designs and then manufacture the products?

Accepted Answer

A)   Computer-aided design/computer-aided manufacturing
B)   Maker movement
C)   Makerspace
D)   RFID electronic product codeE) A) and B)
F) A) and D)

Question 15

In the basic supply chain return refers to supporting customers and product returns.

Accepted Answer

A) True 
 B)False

Question 16

In the basic supply chain deliver refers to planning for transportation of goods to customers.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following questions can materials management help a company answer?

Accepted Answer

A)   How do we dispose of spoiled items?
B)   What laws need to be followed for storing hazardous materials?
C)   Which items must be refrigerated when being stored and transported?
D)   All of these.E) C) and D)
F) None of the above

Question 18

What are drones?

Accepted Answer

A)   A process that builds-layer by layer in an additive process-a three-dimensional solid object from a digital model
B)   Uses electronic tags and labels to identify objects wirelessly over short distances
C)   Unmanned aircraft that can fly autonomously, or without a human
D)   Focus on creating artificial intelligence devices that can move and react to sensory inputE) None of the above
F) A) and C)

Question 19

Procurement can help a company answer the following question: What quantity of raw materials should we purchase to minimize spoilage?

Accepted Answer

A) True 
 B)False

Question 20

Which of the following represents the bullwhip effect?

Accepted Answer

A)   Organizations know about employee events triggered downstream in the supply chain
B)   Customers receive distorted product demand information regarding sales information
C)   Distorted product-demand information ripples from one partner to the next throughout the supply chain
D)   The ability to view all areas up and down the supply chainE) C) and D)
F) All of the above

Exam 10: Extending the Organizationsupply Chain Management

Which of the following questions can procurement help a company answer?

Correct AnswerverifiedShow Answer

What is selling chain management?

Correct AnswerverifiedShow Answer

What enables an organization to react more quickly to resolve supply chain issues?

Correct AnswerverifiedShow Answer

Procurement can help a company answer the following question: What quantity of raw materials should we purchase to minimize spoilage?

Correct AnswerverifiedShow Answer

Which of the following is not one of the five basic components of supply chain management?

Correct AnswerverifiedShow Answer

Which of the following questions can materials management help a company answer?

Correct AnswerverifiedShow Answer

What focuses on creating artificial intelligence devices that can move and react to sensory input?

Correct AnswerverifiedShow Answer

Which of the following represents the bullwhip effect?

Correct AnswerverifiedShow Answer

Which of the below metrics represents the agreed-upon time between the purchase of a product and the delivery of the product?

Correct AnswerverifiedShow Answer

In the basic supply chain return refers to supporting customers and product returns.

Correct AnswerverifiedShow Answer

In the basic supply chain return refers to prepare to manage all resources required to meet demands.

Correct AnswerverifiedShow Answer

Supply chain execution systems ensure supply chain cohesion by automating the different activities of the supply chain.

Correct AnswerverifiedShow Answer

What systems are used to create the digital designs and then manufacture the products?

Correct AnswerverifiedShow Answer

In the basic supply chain deliver refers to planning for transportation of goods to customers.

Correct AnswerverifiedShow Answer

What uses electronic tags and labels to identify objects wirelessly over short distances?

Correct AnswerverifiedShow Answer

Logistics can help a company answer the following question: What quantity of raw materials should we purchase to minimize spoilage?

Correct AnswerverifiedShow Answer

What are drones?

Correct AnswerverifiedShow Answer

What is a community center that provides technology, manufacturing equipment, and educational opportunities to the public that would otherwise be inaccessible or unaffordable?

Correct AnswerverifiedShow Answer

Selling chain management applies technology to the activities in the order life cycle from inquiry to sale.

Correct AnswerverifiedShow Answer

Walmart and Procter & Gamble (P&G) implemented a tremendously successful SCM system. The system linked Wal-Mart's ________ centers directly to P&G's ________ centers.

Correct AnswerverifiedShow Answer

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Walmart and Procter & Gamble (P&G) implemented a tremendously successful SCM system. The system linked Wal-Mart's centers directly to P&G's centers.

Correct Answer
verified