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Exam 10: Extending the Organization Supply Chain Management

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Question 1

True/False

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RFID's Electronic Product Code (RFID EPC) promotes serialization, or the ability to track individual items by using the unique serial number associated with each RFID tag.

A) True
B) False

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Question 2

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

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

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

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Question 3

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Define the relationship between supply chain management and decision making.

Logistics controls processes inside a company (warehouse logistics) and outside a company (transport logistics) and focuses on the physical execution part of the supply chain.

The bullwhip effect occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain.

Materials are transformed into semi finished and finished products-the organization's own production processes.

What is a supply chain execution system?

Customer order cycle time is the agreed upon time between the purchase of a product and the delivery of the product.

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

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

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

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

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.

Robotics supports procurement.

What are robotics?

Inventory cycle time is the frequency of inventory replacement.

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

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

Information technology's primary role in supply chain management is creating the integrations or tight process and information linkages between functions within a firm-such as marketing, sales, finance, manufacturing, and distribution-and between firms.

Effective and efficient supply chain management systems can enable an organization to decrease the power of its buyers.