Question 1

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

Accepted Answer

A) True 
 B)False

Question 2

What is materials management?

Accepted Answer

A)  The purchasing of goods and services to meet the needs of the supply chain.
B)  Includes the processes that control the distribution, maintenance, and replacement of materials and personnel to support the supply chain.
C)  Includes activities that govern the flow of tangible, physical materials through the supply chain such as shipping, transport, distribution, and warehousing.
D)  Occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain.E) B) and C)
F) All of the above

Question 3

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) A) and D)
F) None of the above

Question 4

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

Question 5

Which of the following questions can logistics 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)  What path should the vehicles follow when delivering the goods?E) C) and D)
F) B) and D)

Question 6

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

Accepted Answer

A) True 
 B)False

Question 7

Supply chain execution system is the ability to view all areas up and down the supply chain.

Accepted Answer

A) True 
 B)False

Question 8

What includes activities that govern the flow of tangible, physical materials through the supply chain such as shipping, transport, distribution, and warehousing?

Accepted Answer

A)  Procurement
B)  Logistics
C)  Materials management
D)  Bullwhip effectE) B) and C)
F) A) and D)

Question 9

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

Accepted Answer

A) True 
 B)False

Question 10

Drones support logistics.

Accepted Answer

A) True 
 B)False

Question 11

In which of the five basic supply chain activities do you build relationships with suppliers to procure raw materials?

Accepted Answer

A)  Plan
B)  Source
C)  Deliver
D)  ReturnE) C) and D)
F) B) and D)

Question 12

Inventory turnover is the frequency of inventory replacement.

Accepted Answer

A) True 
 B)False

Question 13

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 input.E) All of the above
F) None of the above

Question 14

What is customer order cycle time?

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

Question 15

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

Question 16

Where would you find the customers' customer in a typical supply chain?

Accepted Answer

A)  Upstream
B)  Downstream
C)  In the middle
D)  Not on the supply chainE) B) and C)
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) All of the above

Question 18

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 19

What is collaborative demand planning?

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 availability.E) All of the above
F) A) and C)

Question 20

What allows an organization to reduce the cost and time required during the design process of a product?

Accepted Answer

A)  Supply chain event management
B)  Selling chain management
C)  Collaborative engineering
D)  Collaborative demand planningE) A) and B)
F) A) and C)

Exam 10: Extending the Organization Supply Chain Management

Drones support logistics.

Correct AnswerverifiedShow Answer

What allows an organization to reduce the cost and time required during the design process of a product?

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

What is customer order cycle time?

Correct AnswerverifiedShow Answer

What is a back order?

Correct AnswerverifiedShow Answer

In which of the five basic supply chain activities do you build relationships with suppliers to procure raw materials?

Correct AnswerverifiedShow Answer

Where would you find the customers' customer in a typical supply chain?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Supply chain execution system is the ability to view all areas up and down the supply chain.

Correct AnswerverifiedShow Answer

What includes activities that govern the flow of tangible, physical materials through the supply chain such as shipping, transport, distribution, and warehousing?

Correct AnswerverifiedShow Answer

Inventory turnover is the frequency of inventory replacement.

Correct AnswerverifiedShow Answer

What are drones?

Correct AnswerverifiedShow Answer

What is collaborative demand planning?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

What is materials management?

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

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