Deck 10: Extending the Organization Supply Chain Management

Question 1

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

Answer 1

False

Question 2

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

Answer 2

True

Question 3

In the basic supply chain, return refers to prepare to manage all resources required to meet demands.

Answer 3

False

Question 4

Inventory turnover is the frequency of inventory replacement.

Question 5

In the basic supply chain, return refers to supporting customers and product returns.

Question 6

In the basic supply chain, plan refers to preparing to manage all resources required to meet demand.

Question 7

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

Question 8

Inventory turnover is an unfilled customer order for a product that is out of stock.

Question 9

Inventory cycle time is the frequency of inventory replacement.

Question 10

Customer order cycle time is the time it takes to manufacture a product and deliver it to the retailer.

Question 11

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

Question 12

Inventory cycle time is the time it takes to manufacture a product and deliver it to the retailer.

Question 13

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

Question 14

A back order is an unfilled customer order for a product that is out of stock.

Question 15

In the basic supply chain, make refers to manufacturing products and create production schedules.

Question 16

Plan, source, give, get, and return are the five basic supply chain management components.

Question 17

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

Question 18

Materials are transformed into semi finished and finished products-the organization's own production processes.

Question 19

In the basic supply chain, source refers to building relationships with suppliers to procure raw materials.

Question 20

Products are distributed to customers and their downstream customers at all levels.

Question 21

The bullwhip effect is a standard format for the electronic exchange of information between supply chain participants.

Question 22

Supply chain execution systems ensure supply chain cohesion by automating the different activities of the supply chain.

Question 23

Supply chain event management applies technology to the activities in the order life cycle from inquiry to sale.

Question 24

Selling chain management applies technology to the activities in the order life cycle from inquiry to sale.

Question 25

Collaborative engineering helps organizations reduce their investment in inventory while improving customer satisfaction through product availability.

Question 26

Effective and efficient supply chain management systems can enable an organization to decrease the power of its buyers.

Question 27

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

Question 28

Supply chain visibility ensures supply chain cohesion by automating the different activities of the supply chain.

Question 29

Information technology's primary role in supply chain management is creating the integrations or tight process and information linkages between functions within a firm-such as marketing, sales, finance, manufacturing, and distribution-and between firms.

Question 30

Collaborative demand planning allows an organization to reduce the cost and time required during the design process of a product.

Question 31

Supply chain event management (SCEM) enables an organization to react more quickly to resolve supply chain issues.

Question 32

Collaborative demand planning helps organizations reduce their investment in inventory while improving customer satisfaction through product availability.

Question 33

Collaborative engineering allows an organization to reduce the cost and time required during the design process of a product.

Question 34

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

Question 35

The bullwhip effect occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain.

Question 36

Electronic data interchange occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain.

Question 37

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

Question 38

A supply chain execution system might electronically route orders from a manufacturer to a supplier using electronic data interchange (EDI), a standard format for the electronic exchange of information between supply chain participants.

Question 39

Electronic data interchange (EDI), a standard format for the electronic exchange of information between supply chain participants.

Question 40

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

Question 41

Logistics includes activities that govern the flow of tangible, physical materials through the supply chain such as shipping, transport, distribution, and warehousing.

Question 42

Drones are unmanned aircraft that can fly autonomously, or without a human.

Question 43

Drones include a process that builds-layer by layer in an additive process-a three-dimensional solid object from a digital model.

Question 44

Logistics includes the processes that control the distribution, maintenance, and replacement of materials and personnel to support the supply chain.

Question 45

Logistics can help a company answer the following question: What quantity of raw materials should we purchase to minimize spoilage?

Question 46

RFID supports procurement.

Question 47

RFID uses electronic tags and labels to identify objects wirelessly over short distances.

Question 48

Inbound logistics distributes goods and services to customers.

Question 49

Logistics includes the increasingly complex management of processes, information, and communication to take a product from cradle to grave.Cradle to grave provides logistics support.

Question 50

Outbound logistics acquires raw materials and resources and distributes them to manufacturing as required.

Question 51

Procurement can help a company answer the following question: What quantity of raw materials should we purchase to minimize spoilage?

Question 52

Outbound logistics distributes goods and services to customers.

Question 53

Inbound logistics acquires raw materials and resources and distributes them to manufacturing as required.

Question 54

The process of 3D printing (additive manufacturing) builds-layer by layer in an additive process-a three-dimensional solid object from a digital model.

Question 55

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

Question 56

RFID supports logistics.

Question 57

Materials management includes activities that govern the flow of tangible, physical materials through the supply chain such as shipping, transport, distribution, and warehousing.

Question 58

Procurement includes the processes that control the distribution, maintenance, and replacement of materials and personnel to support the supply chain.

Question 59

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

Question 60

Logistics controls processes inside a company (warehouse logistics) and outside a company (transport logistics) and focuses on the physical execution part of the supply chain.

Question 61

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.

Question 62

A drone is an unmanned aircraft that can fly autonomously, or without a human.Amazon.com is piloting drone aircraft for package deliveries.

Question 63

RFID's Electronic Product Code (RFID EPC) promotes serialization, or the ability to track individual items by using the unique serial number associated with each RFID tag.

Question 64

RFID systems are used to create the digital designs and then manufacture the products.

Question 65

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

Question 66

In which of the five basic supply chain activities do you support customers and product returns?

A)Plan
B)Source
C)Deliver
D)Return

Question 67

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

Question 68

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

A)Plan
B)Source
C)Deliver
D)Return

Question 69

Computer-aided design/computer-aided manufacturing (CAD/CAM) systems are used to create the digital designs and then manufacture the products.

Question 70

Cradle to grave is a community center that provides technology, manufacturing equipment, and educational opportunities to the public that would otherwise be inaccessible or unaffordable.

Question 71

Drones support logistics.

Question 72

Robotics supports materials management.

Question 73

Makerspaces is a community center that provides technology, manufacturing equipment, and educational opportunities to the public that would otherwise be inaccessible or unaffordable.

Question 74

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

A)Plan
B)Source
C)Deliver
D)Return

Question 75

The maker 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.

Question 76

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

Question 77

In which of the five basic supply chain activities do you manufacture products and create production schedules?

A)Plan
B)Source
C)Deliver
D)Make

Question 78

In which of the five basic supply chain activities do you prepare to manage all resources required to meet demand?

A)Plan
B)Source
C)Deliver
D)Return

Question 79

Robotics supports procurement.

Question 80

Drones support materials management.