| Question 1 of 20 | 5.0 Points |
Data sharing allows companies to work together to achieve supply chain efficiencies and increase customer satisfaction. What term best describes this coordination?| A. Boom-to-bust business cycle | | B. Order balancing | | C. Performance incentives | | D. Supply chain integration |
|
| Question 2 of 20 | 5.0 Points |
Which statement is true about the bullwhip effect?| A. It reflects reality in the supply chain. | | B. It is caused by certain types of technology. | | C. It is also called CPFR. | | D. It is a ripple effect. |
|
| Question 3 of 20 | 5.0 Points |
Which of the following is an activity of collaborative planning, forecasting, and replenishment (CPFR)?| A. CPFR negotiates a back-end agreement that defines responsibilities. | | B. CPFR neglects exception reporting. | | C. CRFR creates forecasts that are interdependent to each company. | | D. CPFR identifies exceptions or differences between companies. |
|
| Question 4 of 20 | 5.0 Points |
Which statement is true regarding eXtensible Markup Language (XML)?| A. XML neglects the relationship between humans and computers. | | B. XML is another term for electronic data interchange. | | C. XML transmits data in flexible formats among computers. | | D. XML is limited in the type of structured data that can be transmitted. |
|
| Question 5 of 20 | 5.0 Points |
__________ systems are highly analytical applications from which plant capacity, material availability, and customer demand are assessed.| A. Revenue management | | B. Sales force automation | | C. Transportation planning | | D. Advanced planning and scheduling |
|
| Question 6 of 20 | 5.0 Points |
__________ lets a company experiment with different price mixes for its various products in light of the predicted demand.| A. Revenue management | | B. Sales force automation | | C. Demand planning | | D. Advanced planning and scheduling |
|
| Question 7 of 20 | 5.0 Points |
Which statement is true regarding supply chain management systems?| A. They tend to focus on tactical level capabilities. | | B. They focus on tactical level decision making. | | C. They rely on ERP or legacy systems to provide data to support analysis and planning. | | D. They function better when not integrated. |
|
| Question 8 of 20 | 5.0 Points |
A __________ system focuses on carrying out the production activities in a factory.| A. warehouse management | | B. manufacturing execution | | C. transportation scheduling | | D. demand planning |
|
| Question 9 of 20 | 5.0 Points |
Which statement is true regarding data storage and retrieval?| A. Views can be created and made available to people who need them to do their jobs. | | B. It provides for different retrieval needs of the people who do the programming. | | C. It restricts views to customer use. | | D. All data and storage retrieval systems have pre-designed views that are not flexible in terms of customization. |
|
| Question 10 of 20 | 5.0 Points |
Which statement is true regarding standard generalized markup language?| A. It is another term for enterprise resource planning. | | B. It is a scaled down version of eXtensible Markup Language. | | C. It is so huge that using it would bog down most applications. | | D. It is another term for electronic data interchange. |
|
| Question 11 of 20 | 5.0 Points |
In terms of starting supply chain collaboration, the best place to start in an effort to promote collaboration is to:| A. immediately invest in an enterprise resource planning system. | | B. make all suppliers alliance partners. | | C. measure the bullwhip effect within a company. | | D. make all suppliers provide weekly demand reports. |
|
| Question 12 of 20 | 5.0 Points |
Voluntary Interindustry Commerce Standards (VICS) Association does which of the following?| A. It created a technique known as collaborative planning, forecasting, and replenishment. | | B. It documents best practices for collaborative planning, forecasting, and replenishment; it also creates guidelines. | | C. It keeps up-to-date on the technique known as collaborative planning, scheduling, and replenishment. | | D. It is a European association which has not yet done business in the United States. |
|
| Question 13 of 20 | 5.0 Points |
Which of the following is considered a major factor that causes the bullwhip effect?| A. Performance incentives | | B. Product development | | C. Line balancing | | D. Product costing |
|
| Question 14 of 20 | 5.0 Points |
The collaborative planning, forecasting, and replenishment process is broken down into three activities, which include which of the following?| A. Collaborative costing, forecasting, and replenishment | | B. Collaborative planning, forecasting, and warranty returns | | C. Collaborative planning, scheduling, and replenishment | | D. Collaborative planning, forecasting, and replenishment |
|
| Question 15 of 20 | 5.0 Points |
Which statement is true regarding product development?| A. It encompasses a company’s and a supply chain’s ability to stabilize the markets they serve. | | B. It encompasses a company’s and a supply chain’s ability to continue to evolve. | | C. It is strictly an engineering function. | | D. It encompasses a company’s ability to develop products, but has little to do with the supply chain. |
|
| Question 16 of 20 | 5.0 Points |
Products that are made in advance in anticipation of sale are called:| A. just-in-time. | | B. build-to-order. | | C. build-to-stock. | | D. build-to-demand. |
|
| Question 17 of 20 | 5.0 Points |
Which of the following statements best describes build-to-order products?| A. The way Dell assembles PCs and stores finished products in inventory until an order comes in. | | B. Batch products are built and stored for mass distribution. | | C. The way Dell assembles PCs to fit individual customer specifications. | | D. Products are engineered (designed) when customer orders are received. |
|
| Question 18 of 20 | 5.0 Points |
In terms of collecting and using performance data, which of the following statements is true?| A. Level 1 looks at diagnostic measures. | | B. Level 2 looks at operational data. | | C. Level 3 looks at diagnostic measures. | | D. Level 4 looks at tactical data. |
|
| Question 19 of 20 | 5.0 Points |
Which statement is true regarding dashboards?| A. They are exception reports for production. | | B. They are a one-page display of key indicators. | | C. They are good for historical data, but they neglect projected performance. | | D. They are one of many reports that are generated, but they add no value. |
|
| Question 20 of 20 | 5.0 Points |
One cure for the bullwhip effect includes which of the following?| A. Better sharing of data | | B. Restrict data sharing | | C. Implement an EDI system | | D. Dictate that suppliers implement an EDI system |
|
Solution: Data sharing allows companies to work together to achieve supply chain