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OMIS 340 Exam 1 Question and answers rated A+ OMIS 340 Exam 1 A company can have multiple supply chains. ( ) - correct answer T 1. SCOR model (Supply Chain Operations Reference) model can be utilized to ensure a high level of supply chain integration. ( ) - correct answer T 1. Supply...

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OMIS 340 Exam 1
A company can have multiple supply chains. ( ) - correct answer ✔T

1. SCOR model (Supply Chain Operations Reference) model can be utilized
to ensure a high level of supply chain integration. ( ) - correct answer ✔T

1. Supply chain integration is the effective coordination of supply chain
processes through the seamless flow of information to suppliers, but not to
customers, such as distributors and retailers. ( ) - correct answer ✔F

1. The master production schedule (MPS) is the part of the material
requirements planning that specifies when components must be ordered or
assembled. ( ) - correct answer ✔F

1. If customer order request exceeds the ATP quantity of the current week,
the customer must be given a later delivery ( ) - correct answer ✔T

1. VMI, usually coupled with CPFR, allows a customer company to manage
the inventories of its supplier's distribution centers. ( ) - correct answer ✔F

1. Safety inventory is built up in anticipation of predictable increases in
demand. ( ) - correct answer ✔F

1. When the inventory turnover for a company increases, its weeks of supply
value increases as well. ( ) - correct answer ✔F

, 1. A strategic view dashboard shows the status of daily operations in each
area of the company so that identifying the issues which need immediate
attention becomes easy. ( ) - correct answer ✔F

1. First production run is scheduled for the product with the highest R-Value
(P/D). ( ) - correct answer ✔F

1. Which one is not referring to a firm's more flexible processes to make a
wide variety of personalized services or products at reasonably low costs. ( )
a) Mass customization.
b) Assemble-to-order
c) Make-to-stock
d) Postponement
e) None of the above - correct answer ✔C

1. It is desirable for a firm in a responsive supply chain to have: ( )
a) little excess capacity.
b) few central locations serve wide areas
c) high-capacity utilization consistent with high-volume delivery.
d) inventory investments as needed to enable fast delivery times.
e) supplier selection based on cost - correct answer ✔D

1. An efficient supply chain should be preferred when: ( )
a) product variety is high.
b) competitive priority is customization.
c) demand is highly predictable.
d) Product life cycle is short.

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