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Inbound logistics acquires raw materials and resources and distributes them to manufacturing as required.

A) True
B) False

Correct Answer

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What is a supply chain planning system?


A) Views all areas up and down the supply chain in real time
B) Uses advanced mathematical algorithms to improve the flow and efficiency of the supply chain while reducing inventory
C) Ensures supply chain cohesion by automating the different activities of the supply chain
D) Occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain

E) C) and D)
F) B) and C)

Correct Answer

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A supply chain execution system might electronically route orders from a manufacturer to a supplier using electronic data interchange (EDI), a standard format for the electronic exchange of information between supply chain participants.

A) True
B) False

Correct Answer

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


A) What is the quickest way to deliver products to our customers?
B) What is the optimal way to place items in the warehouse for picking and packing?
C) What is the optimal path to an item in the warehouse?
D) All of these.

E) None of the above
F) C) and D)

Correct Answer

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RFID uses electronic tags and labels to identify objects wirelessly over short distances.

A) True
B) False

Correct Answer

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In which of the five basic supply chain activities do you manufacture products and create production schedules?


A) Plan
B) Source
C) Deliver
D) Make

E) B) and D)
F) B) and C)

Correct Answer

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What is a cultural trend that places value on an individual's ability to be a creator of things as well as a consumer of things?


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

E) B) and C)
F) None of the above

Correct Answer

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What is supply chain event management (SCEM) ?


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 availability

E) C) and D)
F) All of the above

Correct Answer

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Drones include a process that builds-layer by layer in an additive process-a three-dimensional solid object from a digital model.

A) True
B) False

Correct Answer

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What is customer order cycle time?


A) An unfilled customer order for a product that is out of stock
B) The time it takes to manufacture a product and deliver it to the retailer
C) The agreed-upon time between the purchase of a product and the delivery of the product
D) The frequency of inventory replacement

E) A) and B)
F) A) and C)

Correct Answer

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Electronic data interchange (EDI) is a standard format for the electronic exchange of information between supply chain participants.

A) True
B) False

Correct Answer

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The robotics movement is a cultural trend that places value on an individual's ability to be a creator of things as well as a consumer of things.

A) True
B) False

Correct Answer

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What is a supply chain execution system?


A) Views all areas up and down the supply chain in real time
B) Uses advanced mathematical algorithms to improve the flow and efficiency of the supply chain while reducing inventory
C) Ensures supply chain cohesion by automating the different activities of the supply chain
D) Occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain

E) A) and B)
F) A) and C)

Correct Answer

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What is supply chain visibility?


A) Enables viewing of all areas up and down the supply chain in real time
B) Uses advanced mathematical algorithms to improve the flow and efficiency of the supply chain while reducing inventory
C) Ensures supply chain cohesion by automating the different activities of the supply chain
D) Occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain

E) A) and B)
F) A) and C)

Correct Answer

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What applies technology to the activities in the order life cycle from inquiry to sale?


A) Supply chain event management
B) Selling chain management
C) Collaborative engineering
D) Collaborative demand planning

E) C) and D)
F) B) and C)

Correct Answer

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In the basic supply chain make refers to manufacturing products and create production schedules.

A) True
B) False

Correct Answer

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Collaborative engineering helps organizations reduce their investment in inventory while improving customer satisfaction through product availability.

A) True
B) False

Correct Answer

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What are robotics?


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) Artificial intelligence devices that can move and react to sensory input

E) C) and D)
F) B) and C)

Correct Answer

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3D printing supports procurement.

A) True
B) False

Correct Answer

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What is the ability to view all areas up and down the supply chain in real time?


A) Bullwhip effect
B) Demand planning software
C) Supply chain visibility
D) Supply chain execution software

E) B) and D)
F) None of the above

Correct Answer

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Showing 61 - 80 of 150

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