Question 1

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 input 
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

Question 2

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. 
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.

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. 
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.

Question 4

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

Question 5

Describe the fastest growing components of SCM systems.

Accepted Answer

Fastest growing SCM components include:

Question 6

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 7

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

Accepted Answer

A) True 
 B)False

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 grave 
A)  Inbound logistics 
B)  Outbound logistics 
C)  Logistics 
D)  Cradle to grave

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

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

Accepted Answer

A) True 
 B)False

Question 11

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

Accepted Answer

A) True 
 B)False

Question 12

RFID supports logistics.

Accepted Answer

A) True 
 B)False

Question 13

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 14

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 15

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

Accepted Answer

A) True 
 B)False

Question 16

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 17

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

Accepted Answer

A) True 
 B)False

Question 18

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 turnover 
A)  Back order 
B)  Inventory cycle time 
C)  Customer order cycle time 
D)  Inventory turnover

Question 19

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 tag 
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 tag

Question 20

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 
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

Exam 10: Extending the Organizationsupply Chain Management

What is RFID?

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

What is a back order?

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

Describe the fastest growing components of SCM systems.

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

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

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

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

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

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

RFID supports logistics.

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.

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

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

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.

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

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

What is a makerspace?

What is inventory turnover?

Business Driven Technology

Identifying Competitive Advantages

Strategic Initiatives for Implementing Competitive Advantages

Measuring the Success of Strategic Initiatives

Organizational Structures That Support Strategic Initiatives

Valuing and Storing Organizational Informationdatabases

Accessing Organizational Informationdata Warehouses

Understanding Big Data and Its Impact on Business

Enabling the Organizationdecision Making

Building a Customer-Centric Organizationcustomer Relationship Management

Integrating the Organization From End to Endenterprise Resource Planning

Creating Innovative Organizations

Ebusiness

Creating Collaborative Partnerships

Integrating Wireless Technology in Business

Developing Software to Streamline Operations

Methodologies for Supporting Agile Organizations

Managing Organizational Projects

Business Driven Technology

Identifying Competitive Advantages

Strategic Initiatives for Implementing Competitive Advantages

Measuring the Success of Strategic Initiatives

Organizational Structures That Support Strategic Initiatives

Valuing and Storing Organizational Informationdatabases

Accessing Organizational Informationdata Warehouses

Understanding Big Data and Its Impact on Business

Enabling the Organizationdecision Making

Extending the Organizationsupply Chain Management

Building a Customer-Centric Organizationcustomer Relationship Management

Integrating the Organization From End to Endenterprise Resource Planning

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