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OMIS 425 Test 1 questions well answered already passed
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OMIS 425 Test 1 questions well answered already passed
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OMIS 425 Test 1________ blank supply chains are employed to reclaim material that has reached the end of its useful
life in the field. - correct answer ✔✔recovery
Which of the following is not a part of the integrated enterprise? - correct answer ✔✔distribution
These firms provide asset-based services (such as transportation equipment or warehousing buildings). -
correct answer ✔✔third party
logistics serves to link and synchronize the overall supply chain as a continuous process and is essential
to achieve the desired outcomes of the firm's value proposition. - correct answer ✔✔integrated
The ability to execute superior and sustainable order-to-delivery performance and related essential
services. - correct answer ✔✔order fulfilment/service delivery
The logistics of internationalization involves four significant differences in comparison to national or even
regional operations. Which of the following is not one of these? - correct answer ✔✔size
a conservative estimate is that as much as ________blank percent of global demand is not fully satisfied
by local supply. - correct answer ✔✔90
Which of the following is not a consumer requirements disrupter? - correct answer ✔✔internet of things
(IoT)
Which of the following is not a technology disrupter? - correct answer ✔✔"want it now"
__________ refers to limitations caused by actions in related industries. - correct answer ✔✔market
segment risk
, ________blank is related to variability in delivery time - correct answer ✔✔lead time uncertainty
________blank refers to the events that are outside the control of the firm. - correct answer
✔✔environmental risk
It is estimated that ________blank of global jobs involve supply chain management activities - correct
answer ✔✔20-20 percent
The repair and support of products during their life cycle, including warranty, maintenance, and repair. -
correct answer ✔✔life cycle support
With regards to the integrative management value proposition, which of the following strategies are
responsible for economic value? - correct answer ✔✔procurement/management
A supply chain that primarily focuses on responding to changing customer delivery requirements is
________ - correct answer ✔✔relevancy
________blank relates to the firm's ability to make sure that its organization and suppliers adhere to
supplier codes of conduct, audits, restricted materials, certification, and labor requirements. - correct
answer ✔✔compliance risk
Traditionally called ________blank, these firms provide product storage supplemented with other
specialized services - correct answer ✔✔contract warehouses
_______blank is often related to variation in forecasting and demand. - correct answer ✔✔demand
uncertainty
Firms that work with key supply chain partners to improve the operation of the integrated supply chain
do which of the following? - correct answer ✔✔achieve competitive advantage
The process of moving product returns from the customer back to the supplier is known as ________ -
correct answer ✔✔reverse logistics
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