Question 1

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 turnoverE) B) and C)
F) None of the above

Question 2

What acquires raw materials and resources and distributes them to manufacturing as required?

Accepted Answer

A)  Inbound logistics
B)  Outbound logistics
C)  Logistics
D)  Cradle to graveE) C) and D)
F) B) and C)

Question 3

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

Accepted Answer

A)  How do we dispose of spoiled items?
B)  What laws need to be followed for storing hazardous materials?
C)  Which items must be refrigerated when being stored and transported?
D)  All of these.E) All of the above
F) C) and D)

Question 4

What is supply chain event management (SCEM) ?

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.E) B) and C)
F) C) and D)

Question 5

Inventory 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 6

Which of the below metrics represents the agreed upon time between the purchase of a product and the delivery of the product?

Accepted Answer

A)  Back order
B)  Inventory cycle time
C)  Customer order cycle time
D)  Inventory turnoverE) None of the above
F) B) and D)

Question 7

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 graveE) A) and B)
F) A) and C)

Question 8

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.E) B) and C)
F) A) and D)

Question 9

Outbound logistics distributes goods and services to customers.

Accepted Answer

A) True 
 B)False

Question 10

The robotics movement 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) True 
 B)False

Question 11

Materials management is the purchasing of goods and services to meet the needs of the supply chain.

Accepted Answer

A) True 
 B)False

Question 12

What is computer-aided design/computer-aided manufacturing (CAD/CAM) ?

Accepted Answer

A)  Systems are 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)  Promotes serialization or the ability to track individual items by using the unique serial number associated with each RFID tag.E) B) and D)
F) None of the above

Question 13

What uses electronic tags and labels to identify objects wirelessly over short distances?

Accepted Answer

A)  3D Printing
B)  Robotics
C)  Drones
D)  RFIDE) A) and B)
F) A) and C)

Question 14

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)  ReturnE) A) and B)
F) A) and C)

Question 15

What is a process that builds-layer by layer in an additive process-a three-dimensional solid object from a digital model?

Accepted Answer

A)  3D Printing
B)  Robotics
C)  Drones
D)  RFIDE) B) and C)
F) C) and D)

Question 16

Plan, source, make, deliver, and return are the five basic supply chain management components.

Accepted Answer

A) True 
 B)False

Question 17

What is a makerspace?

Accepted Answer

A)  Systems are 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)  Serialization of or the ability to track individual items by using the unique serial number associated with each RFID tag.E) None of the above
F) C) and D)

Question 18

Cradle-to-grave provides logistics support throughout the entire system or life of the product.

Accepted Answer

A) True 
 B)False

Question 19

Robotics supports materials management.

Accepted Answer

A) True 
 B)False

Question 20

What is selling chain management?

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.E) A) and B)
F) A) and C)

Exam 10: Extending the Organization Supply Chain Management

Outbound logistics distributes goods and services to customers.

Correct AnswerverifiedShow Answer

What is inventory cycle time?

Correct AnswerverifiedShow Answer

What uses electronic tags and labels to identify objects wirelessly over short distances?

Correct AnswerverifiedShow Answer

What is a process that builds-layer by layer in an additive process-a three-dimensional solid object from a digital model?

Correct AnswerverifiedShow Answer

The robotics movement 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.

Correct AnswerverifiedShow Answer

Robotics supports materials management.

Correct AnswerverifiedShow Answer

Which of the below metrics represents the agreed upon time between the purchase of a product and the delivery of the product?

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 supply chain event management (SCEM) ?

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

What acquires raw materials and resources and distributes them to manufacturing as required?

Correct AnswerverifiedShow Answer

What is computer-aided design/computer-aided manufacturing (CAD/CAM) ?

Correct AnswerverifiedShow Answer

Plan, source, make, deliver, and return are the five basic supply chain management components.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Materials management is the purchasing of goods and services to meet the needs of the supply chain.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

What is a makerspace?

Correct AnswerverifiedShow Answer

What is selling chain management?

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

Cradle-to-grave provides logistics support throughout the entire system or life of the product.

Correct AnswerverifiedShow Answer

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