Question 1

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

Accepted Answer

A) True 
 B)False

Question 2

Which of the following metrics represents an unfilled customer order for a product that is out of stock?

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 3

What is 3D Printing?

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 4

What promotes serialization or the ability to track individual items by using the unique serial number associated with each RFID tag?

Accepted Answer

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

Question 5

Which of the following metrics represents the time it takes to manufacture a product and deliver it to the retailer?

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 6

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

Accepted Answer

A) True 
 B)False

Question 7

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 planning 
A)  Supply chain event management 
B)  Selling chain management 
C)  Collaborative engineering 
D)  Collaborative demand planning

Question 8

What includes the increasingly complex management of processes, information, and communication to take a product from cradle to grave?

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

Selling chain management enables an organization to react more quickly to resolve supply chain issues.

Accepted Answer

A) True 
 B)False

Question 10

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

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 
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

Question 12

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

Accepted Answer

A) True 
 B)False

Question 13

What is inventory 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 
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 14

Radio-frequency identification (RFID) uses electronic tags and labels to identify objects wirelessly over short distances.

Accepted Answer

A) True 
 B)False

Question 15

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? 
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?

Question 16

Where would you find the manufacturer and distributor in a typical supply chain?

Accepted Answer

A)  Upstream 
B)  Downstream 
C)  In the middle 
D)  Not on the supply chain 
A)  Upstream 
B)  Downstream 
C)  In the middle 
D)  Not on the supply chain

Question 17

What is it called when distorted product-demand information ripples from one partner to the next throughout the supply chain?

Accepted Answer

A)  Bullwhip effect 
B)  Demand planning systems 
C)  Supply chain planning systems 
D)  Supply chain execution systems 
A)  Bullwhip effect 
B)  Demand planning systems 
C)  Supply chain planning systems 
D)  Supply chain execution systems

Question 18

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

Question 19

Inventory cycle time is the frequency of inventory replacement.

Accepted Answer

A) True 
 B)False

Question 20

In which of the five basic supply chain activities do you plan for the transportation of goods to customers?

Accepted Answer

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

Exam 10: Extending the Organizationsupply Chain Management

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

Which of the following metrics represents an unfilled customer order for a product that is out of stock?

What is 3D Printing?

What promotes serialization or the ability to track individual items by using the unique serial number associated with each RFID tag?

Which of the following metrics represents the time it takes to manufacture a product and deliver it to the retailer?

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

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

What includes the increasingly complex management of processes, information, and communication to take a product from cradle to grave?

Selling chain management enables an organization to react more quickly to resolve supply chain issues.

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

What is procurement?

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

What is inventory cycle time?

Radio-frequency identification (RFID) uses electronic tags and labels to identify objects wirelessly over short distances.

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

Where would you find the manufacturer and distributor in a typical supply chain?

What is it called when distorted product-demand information ripples from one partner to the next throughout the supply chain?

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

Inventory cycle time is the frequency of inventory replacement.

In which of the five basic supply chain activities do you plan for the transportation of goods to customers?

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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