Question 1

Describe the fastest growing components of SCM systems.

Accepted Answer

Fastest growing SCM components include:

Question 2

The bullwhip effect is a standard format for the electronic exchange of information between supply chain participants.

Accepted Answer

A) True 
 B)False

Question 3

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 4

Customer order cycle time is the time it takes to manufacture a product and deliver it to the retailer.

Accepted Answer

A) True 
 B)False

Question 5

In which of the five basic supply chain activities do you prepare to manage all resources required to meet demand?

Accepted Answer

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

Question 6

What is logistics?

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 7

What 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) 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 8

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

Accepted Answer

A) True 
 B)False

Question 9

Supply chain visibility ensures supply chain cohesion by automating the different activities of the supply chain.

Accepted Answer

A) True 
 B)False

Question 10

Inventory turnover is an unfilled customer order for a product that is out of stock.

Accepted Answer

A) True 
 B)False

Question 11

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 12

In the basic supply chain, make refers to manufacturing products and create production schedules.

Accepted Answer

A) True 
 B)False

Question 13

Inbound logistics distributes goods and services to customers.

Accepted Answer

A) True 
 B)False

Question 14

Drones support materials management.

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

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 17

What is an RFID's electronic product code?

Accepted Answer

A) System 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) Promotion of serialization or the ability to track individual items by using the unique serial number associated with each RFID tag. 
A) System 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) Promotion of serialization or the ability to track individual items by using the unique serial number associated with each RFID tag.

Question 18

Procurement includes the processes that control the distribution, maintenance, and replacement of materials and personnel to support the supply chain.

Accepted Answer

A) True 
 B)False

Question 19

What includes the processes that control the distribution, maintenance, and replacement of materials and personnel to support the supply chain?

Accepted Answer

A) Procurement 
B) Logistics 
C) Materials management 
D) Bullwhip effect 
A) Procurement 
B) Logistics 
C) Materials management 
D) Bullwhip effect

Question 20

What are unmanned aircraft that can fly autonomously, or without a human?

Accepted Answer

A) 3D Printing 
B) Robotics 
C) Drones 
D) RFID 
A) 3D Printing 
B) Robotics 
C) Drones 
D) RFID

Exam 10: Extending the Organization Supply Chain Management

Describe the fastest growing components of SCM systems.

The bullwhip effect is a standard format for the electronic exchange of information between supply chain participants.

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

Customer order cycle time is the time it takes to manufacture a product and deliver it to the retailer.

In which of the five basic supply chain activities do you prepare to manage all resources required to meet demand?

What is logistics?

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

Supply chain visibility ensures supply chain cohesion by automating the different activities of the supply chain.

Inventory turnover is an unfilled customer order for a product that is out of stock.

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

In the basic supply chain, make refers to manufacturing products and create production schedules.

Inbound logistics distributes goods and services to customers.

Drones support materials management.

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

What is RFID?

What is an RFID's electronic product code?

Procurement includes the processes that control the distribution, maintenance, and replacement of materials and personnel to support the supply chain.

What includes the processes that control the distribution, maintenance, and replacement of materials and personnel to support the supply chain?

What are unmanned aircraft that can fly autonomously, or without a human?

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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