Question 1

Which of the following metrics represents the frequency of inventory replacement?

Accepted Answer

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

Question 2

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

Accepted Answer

A) True 
 B)False

Question 3

Collaborative engineering allows an organization to reduce the cost and time required during the design process of a product.

Accepted Answer

A) True 
 B)False

Question 4

What is RFID?

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

Question 5

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

Accepted Answer

A) True 
 B)False

Question 6

Drones are unmanned aircraft that can fly autonomously, or without a human.

Accepted Answer

A) True 
 B)False

Question 7

What is a back order?

Accepted Answer

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) All of the above
F) B) and C)

Question 8

What acquires raw materials and resources and distributes them to manufacturing as required?

Accepted Answer

A)   Inbound logistics
B)   Outbound logistics
C)   Logistics
D)   Cradle to graveE) A) and D)
F) None of the above

Question 9

The maker 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.

Accepted Answer

A) True 
 B)False

Question 10

What is inventory turnover?

Accepted Answer

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 replacementE) A) and B)
F) B) and C)

Question 11

Makerspaces 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) True 
 B)False

Question 12

What is a makerspace?

Accepted Answer

A)   Systems are used to create the digital designs and then manufacture the products
B)   A cultural trend that places value on an individual's ability to be a creator of things as well as a consumer of things
C)   A community center that provides technology, manufacturing equipment, and educational opportunities to the public that would otherwise be inaccessible or unaffordable
D)   Serialization of or the ability to track individual items by using the unique serial number associated with each RFID tagE) B) and D)
F) B) and C)

Question 13

Describe the fastest growing components of SCM systems.

Accepted Answer

Fastest growing SCM components include:
...

Question 14

In the basic supply chain source refers to building relationships with suppliers to procure raw materials.

Accepted Answer

A) True 
 B)False

Question 15

RFID systems are used to create the digital designs and then manufacture the products.

Accepted Answer

A) True 
 B)False

Question 16

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

Accepted Answer

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

Question 17

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

Accepted Answer

A)   What are our current inventory levels?
B)   What items are running low in the warehouse?
C)   What items are at risk of spoiling in the warehouse?
D)   All of these.E) A) and B)
F) A) and C)

Question 18

Logistics includes the increasingly complex management of processes, information, and communication to take a product from cradle to grave. Cradle to grave provides logistics support.

Accepted Answer

A) True 
 B)False

Question 19

RFID supports logistics.

Accepted Answer

A) True 
 B)False

Question 20

In the basic supply chain plan refers to preparing to manage all resources required to meet demand.

Accepted Answer

A) True 
 B)False

Exam 10: Extending the Organizationsupply Chain Management

Which of the following metrics represents the frequency of inventory replacement?

Correct AnswerverifiedShow Answer

In the basic supply chain plan refers to preparing to manage all resources required to meet demand.

Correct AnswerverifiedShow Answer

What is RFID?

Correct AnswerverifiedShow Answer

RFID supports logistics.

Correct AnswerverifiedShow Answer

What is a makerspace?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

The maker 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.

Correct AnswerverifiedShow Answer

What acquires raw materials and resources and distributes them to manufacturing as required?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Describe the fastest growing components of SCM systems.

Correct AnswerverifiedFastest growing SCM components include:...View AnswerShow Answer

What is a back order?

Correct AnswerverifiedShow Answer

Collaborative engineering allows an organization to reduce the cost and time required during the design process of a product.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

What is inventory turnover?

Correct AnswerverifiedShow Answer

Drones are unmanned aircraft that can fly autonomously, or without a human.

Correct AnswerverifiedShow Answer

Logistics includes the increasingly complex management of processes, information, and communication to take a product from cradle to grave. Cradle to grave provides logistics support.

Correct AnswerverifiedShow Answer

Makerspaces 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

In the basic supply chain source refers to building relationships with suppliers to procure raw materials.

Correct AnswerverifiedShow Answer

RFID systems are used to create the digital designs and then manufacture the products.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Fastest growing SCM components include:
...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified