Question 1

RFID supports procurement.

Accepted Answer

A) True 
 B)False

Question 2

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

Accepted 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)  How can we guarantee that our raw materials meet production needs?E) A) and B)
F) B) and C)

Question 3

The customer's customer is upstream in the supply chain.

Accepted Answer

A) True 
 B)False

Question 4

Plan, source, give, get, and return are the five basic supply chain management components.

Accepted Answer

A) True 
 B)False

Question 5

Procurement is the purchasing of goods and services to meet the needs of the supply chain.

Accepted Answer

A) True 
 B)False

Question 6

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

Accepted Answer

A) True 
 B)False

Question 7

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

Accepted Answer

A) True 
 B)False

Question 8

A back order is an unfilled customer order for a product that is out of stock.

Accepted Answer

A) True 
 B)False

Question 9

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

Question 10

Supply chain event management (SCEM) enables an organization to react more quickly to resolve supply chain issues.

Accepted Answer

A) True 
 B)False

Question 11

What is procurement?

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

Question 12

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

Question 13

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 replacement.E) A) and D)
F) B) and C)

Question 14

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

Question 15

In which of the five basic supply chain activities do you support customers and product returns?

Accepted Answer

A)  Plan
B)  Source
C)  Deliver
D)  ReturnE) B) and D)
F) None of the above

Question 16

What helps organizations reduce their investment in inventory while improving customer satisfaction through product availability?

Accepted Answer

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

Question 17

Robotics focus on creating artificial intelligence devices that can move and react to sensory input.

Accepted Answer

A) True 
 B)False

Question 18

Products are distributed to customers and their downstream customers at all levels.

Accepted Answer

A) True 
 B)False

Question 19

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

Question 20

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

Accepted Answer

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

Exam 10: Extending the Organization Supply Chain Management

Plan, source, give, get, and return are the five basic supply chain management components.

Correct AnswerverifiedShow Answer

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

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 represents the bullwhip effect?

Correct AnswerverifiedShow Answer

The customer's customer is upstream in the supply chain.

Correct AnswerverifiedShow Answer

What helps organizations reduce their investment in inventory while improving customer satisfaction through product availability?

Correct AnswerverifiedShow Answer

A back order is an unfilled customer order for a product that is out of stock.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Products are distributed to customers and their downstream customers at all levels.

Correct AnswerverifiedShow Answer

What is inventory turnover?

Correct AnswerverifiedShow Answer

Robotics focus on creating artificial intelligence devices that can move and react to sensory input.

Correct AnswerverifiedShow Answer

Supply chain event management (SCEM) enables an organization to react more quickly to resolve supply chain issues.

Correct AnswerverifiedShow Answer

RFID supports procurement.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Procurement is the purchasing of goods and services to meet the needs of the supply chain.

Correct AnswerverifiedShow Answer

In which of the five basic supply chain activities do you support customers and product returns?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

What is procurement?

Correct AnswerverifiedShow Answer

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