Question 1

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?

Question 2

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

Accepted Answer

A) True 
 B)False

Question 3

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

Accepted Answer

A) True 
 B)False

Question 4

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

Accepted Answer

A) True 
 B)False

Question 5

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

Question 6

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

Question 7

Inventory cycle time is the frequency of inventory replacement.

Accepted Answer

A) True 
 B)False

Question 8

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

Accepted Answer

A) True 
 B)False

Question 9

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

Question 10

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

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

Question 12

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

Question 13

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

Question 14

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

Question 15

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

Question 16

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

Accepted Answer

A) True 
 B)False

Question 17

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

Question 18

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

Question 19

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

Question 20

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

Accepted Answer

A) True 
 B)False

Exam 10: Extending the Organizationsupply Chain Management

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Inventory cycle time is the frequency of inventory replacement.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

What is 3D Printing?

Correct AnswerverifiedShow Answer

What is inventory cycle time?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

What is procurement?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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