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| 1 | |
Which of the following is a part of the four basic components of supply chain management? |
| | A) | Supply chain strategy |
| | B) | Supply chain operation |
| | C) | Supply chain partners |
| | D) | All of the above |
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| 2 | |
Which of the following defines supply chain operation? |
| | A) | The strategy for managing all the resources required to meet customer demand for all products and services |
| | B) | the partners chosen to deliver finished products, raw materials, and services including pricing, delivery, and payment processes along with partner relationship monitoring metrics |
| | C) | The schedule for production activities including testing, packaging, and preparation for delivery |
| | D) | The product delivery processes and elements including orders, warehouses, carriers, defective product returns, and invoicing |
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| 3 | |
Which of the following is an organizational result from an effective and efficient supply chain management system? |
| | A) | Decrease the power of its buyers |
| | B) | Create entry barriers thereby reducing the threat of new entrants |
| | C) | Increase efficiencies while seeking a competitive advantage through cost leadership |
| | D) | All of the above |
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| 4 | |
What is the study of the impact that changes in one (or more) parts of the model have on other parts of the model? |
| | A) | Sensitivity analysis |
| | B) | Drill-down |
| | C) | What-if analysis |
| | D) | Goal-seeking analysis |
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| 5 | |
What is consolidation? |
| | A) | Enables users to get details, and details of details, of information |
| | B) | Finds the inputs necessary to achieve a goal such as a desired level of output |
| | C) | Involves the aggregation of information and features simple roll-ups to complex groupings of interrelated information. |
| | D) | The ability to look at information from different perspectives |
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| 6 | |
What integrates information from multiple components and present it in a unified display? |
| | A) | What-if analysis |
| | B) | Sensitivity analysis |
| | C) | Digital dashboards |
| | D) | Drill-down |
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| 7 | |
What is a special-purpose knowledge-based information system that accomplishes specific tasks on behalf of its users? |
| | A) | Artificial intelligence |
| | B) | Intelligent systems |
| | C) | Intelligent agent |
| | D) | Neural network |
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