SCMT exam 2 Questions With Complete Solutions 2024

In the past two years, what percentage of all recorded data has been recorded? - Correct Answer 90% The number of devices connected to the internet is how many times greater than one year ago? - Correct Answer 200 times Customer sentiment is what type of data? - Correct Answer structured As products move through their lifecylces more quickly, which type of flexibility becomes more important? - Correct Answer new product The ability to vary production dramatically is - Correct Answer volume flexibility For a data scientists to be most effective, he or she should have - Correct Answer broad analytical skills and high domain knowledge Which are fundamental characteristics of firms with high internal integration? - Correct Answer -integrate planning activities -ensure functional awareness -facilitate information exchange across functional areas How have suppliers traditionally developed order forecasts? - Correct Answer using historical order data Which are important customer-level information types? - Correct Answer -point of sale data -forecasts -inventory levels -promotional plans Which is a key part of sensing? - Correct Answer supply chain visibility Which organizational factors are needed to leverage supply chain visibility and big data? - Correct Answer clear business case for using the data Which is a new way to accomplish business process re-engineering? - Correct Answer using big data and predictive analytics Which type of flexibility refers to the ability to manage transactions in production and delivery across heterogeneous products? - Correct Answer variety flexibility Which are components of lead time? - Correct Answer -order picking -loading onto the truck -order transmittal In