Deck 3: The Measures of Supply Chain and Logistics System Support

Question 1

_______ represents the ability to make data-driven decisions based on a summary of relevant, trusted data, often using visualization in the form of graphs, charts, and other means.

A) Descriptive
B) Predictive
C) Analytics
D) Diagnostics

Answer 1

Analytics

Question 2

Diagnostics analytics uses historical data to describe an organization.

Answer 2

False

Question 3

"Route Cause analysis" is also called

A) Prescriptive
B) Descriptive
C) Predictive
D) Diagnostic

Answer 3

Diagnostic

Question 4

Predictive analytics uses data to select the optimal solution.

Question 5

Measure of Effectiveness (MOEs) are criterion by which data analytics solutions are implemented.

Question 6

MOEs are operational success criteria that can be in alignment with organizations business strategy and in conscience with mission statement.

Question 7

A process where an organization identifies its primary and support activities that add value as measured through economic value analysis is called critical chain analysis.

Question 8

A strategic planning and management system used to align business strategy activities to the vision and strategy of the organization is called.

A) Basic score card
B) Balanced score card
C) Organizational Score Card
D) Activity score card

Question 9

The four-perspective view of the organization obtained from the balanced score card are:

A) customer relationship, financial, education and growth and internal processes
B) production, education, customer service and supply chain
C) transportation, distribution center, warehousing, location
D) procurement, inventory, facilities, personnel

Question 10

Which operational metric goal measures supply chain and logistics system cycle efficiency.

A) Waste reduction
B) Time compression
C) Unit cost reduction
D) Inventory management

Question 11

The MOE that allocates both direct and indirect costs to those products and/or services based on the level of activities and actual consumption used to create them is:

A) Activity based costing
B) Total cost assessment
C) Cost based allocation
D) Allocation of cost base

Question 12

The process reference model that describes the business activities associated with satisfying a customer's demand is the ________ model.

A) CASA
B) CPFR
C) ERP
D) SCOR

Question 13

The three pillars of the SCOR model are:

A) Process modeling, performance modeling, best practices
B) Interactive modeling, product innovation, market leader
C) one-time delivery, customer communication, reverse logistics
D) customer service, process excellence, inventory management

Question 14

What production and material flow KPI evaluates supplier defect rates broken down by defect type.

A) Purchase order accuracy
B) Suppler lead time
C) Suppler defect rate
D) Purchase order cycle time

Question 15

What Transportation KPI measures by number of days (or hours) from the time a shipment leaves the facility to the time it arrives at the customer's location.

A) Freight cost per unit shipped
B) Truck turnaround time
C) On-time pickups
D) Transit time

Question 16

What packaging KPI focuses upon performance of a single piece of packaging machinery or the entire packaging.

A) Rework
B) Capacity utilization
C) Overall equipment effectiveness
D) Inventory turns

Question 17

What warehouse measure and metric KPI shows how accurately warehouse pick products for orders.

A) Order picking accuracy
B) Average warehouse capacity used
C) On-time shipments
D) Inventory count accuracy by location

Question 18

What maintenance measurement and metric is the measure of the repairable item's maintainability.

A) MTBF
B) MTTR
C) PMC
D) OEE