Question 1

Define the relationship between supply chain management and decision making.

Accepted Answer

SCM enhances decision making.Collecting, analyzing, and distributing transactional information to all relevant parties, SCM systems help all the different entities in the supply chain work together more effectively.SCM systems provide dynamic holistic views of organizations.Users can "drill down" into detailed analyses of supply chain activities in a process analogous to DSS.Without SCM systems, organizations would be unable to make accurate and timely decisions regarding their supply chains.

Question 2

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

Accepted Answer

A) True 
 B)False  True

Question 3

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

Accepted Answer

A) True 
 B)False  True

Question 4

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

Accepted Answer

A) True 
 B)False

Question 5

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

Accepted Answer

A) True 
 B)False

Question 6

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.

Accepted Answer

A) True 
 B)False

Question 7

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

Accepted Answer

A) True 
 B)False

Question 8

Inventory cycle time is the frequency of inventory replacement.

Accepted Answer

A) True 
 B)False

Question 9

What is a supply chain execution system?

Accepted Answer

A) Views all areas up and down the supply chain in real time. 
B) Uses advanced mathematical algorithms to improve the flow and efficiency of the supply chain while reducing inventory. 
C) Ensures supply chain cohesion by automating the different activities of the supply chain. 
D) Occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain. 
A) Views all areas up and down the supply chain in real time. 
B) Uses advanced mathematical algorithms to improve the flow and efficiency of the supply chain while reducing inventory. 
C) Ensures supply chain cohesion by automating the different activities of the supply chain. 
D) Occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain.

Question 10

Which of the following questions can logistics 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) All of these. 
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) All of these.

Question 11

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

Accepted Answer

A) True 
 B)False

Question 12

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.

Accepted Answer

A) True 
 B)False

Question 13

Robotics supports procurement.

Accepted Answer

A) True 
 B)False

Question 14

Logistics 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 15

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.

Accepted Answer

A) True 
 B)False

Question 16

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.

Accepted Answer

A) True 
 B)False

Question 17

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 18

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.

Accepted Answer

A) True 
 B)False

Question 19

What are robotics?

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) 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) Artificial intelligence devices that can move and react to sensory input.

Question 20

What 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) 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

Exam 10: Extending the Organization Supply Chain Management

Define the relationship between supply chain management and decision making.

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

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

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

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

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.

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

Inventory cycle time is the frequency of inventory replacement.

What is a supply chain execution system?

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

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

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.

Robotics supports procurement.

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

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.

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.

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

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.

What are robotics?

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

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 Information Databases

Accessing Organizational Information Data Warehouses

Understanding Big Data and Its Impact on Business

Enabling the Organization Decision Making

Building a Customer-Centric Organization Customer Relationship Management

Integrating the Organization From End to End Enterprise Resource Planning

Creating Innovative Organizations

E-business

Creating Collaborative Partnerships

Integrating Wireless Technology in Business

Developing Software to Streamline Operations

Methodologies for Supporting Agile Organizations

Managing Organizational Projects

B: Extension: A Business Basics

B: Extension: A Business Process

B: Extension: A Hardware and Software Basics

B: Extension: A Mis Infrastructures

B: Extension: A Networks and Telecommunications

B: Extension: A Information Security

B: Extension: A Ethics

B: Extension: A Operations Management

B: Extension: A Sustainable Mis Infrastructures

B: Extension: A Business Intelligence

B: Extension: A Global Information Systems

B: Extension: A Global Trends

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