Question 1

What are drones?

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

What is materials management?

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 3

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

Accepted Answer

A) True 
 B)False

Question 4

Inventory turnover is the frequency of inventory replacement.

Accepted Answer

A) True 
 B)False

Question 5

Where would you find the customers' customer 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 6

Which of the following questions can logistics 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) What path should the vehicles follow when delivering the goods? 
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) What path should the vehicles follow when delivering the goods?

Question 7

What is customer order 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 8

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 9

What enables an organization to react more quickly to resolve supply chain issues?

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 10

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 11

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 12

Procurement 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 13

Drones support logistics.

Accepted Answer

A) True 
 B)False

Question 14

What is collaborative demand planning?

Accepted Answer

A) Enables an organization to react more quickly to resolve supply chain issues. 
B) Applies technology to the activities in the order life cycle from inquiry to sale. 
C) Allows an organization to reduce the cost and time required during the design process of a product. 
D) Helps organizations reduce their investment in inventory while improving customer satisfaction through product availability. 
A) Enables an organization to react more quickly to resolve supply chain issues. 
B) Applies technology to the activities in the order life cycle from inquiry to sale. 
C) Allows an organization to reduce the cost and time required during the design process of a product. 
D) Helps organizations reduce their investment in inventory while improving customer satisfaction through product availability.

Question 15

Selling chain management applies technology to the activities in the order life cycle from inquiry to sale.

Accepted Answer

A) True 
 B)False

Question 16

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

Accepted Answer

A) True 
 B)False

Question 17

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

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

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 20

What includes activities that govern the flow of tangible, physical materials through the supply chain such as shipping, transport, distribution, and warehousing?

Accepted Answer

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

Exam 10: Extending the Organization Supply Chain Management

What are drones?

What is materials management?

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

Inventory turnover is the frequency of inventory replacement.

Where would you find the customers' customer in a typical supply chain?

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

What is customer order cycle time?

What is a back order?

What enables an organization to react more quickly to resolve supply chain issues?

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

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

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

Drones support logistics.

What is collaborative demand planning?

Selling chain management applies technology to the activities in the order life cycle from inquiry to sale.

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

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

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

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

What includes activities that govern the flow of tangible, physical materials through the supply chain such as shipping, transport, distribution, and warehousing?

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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