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ARM 401 Segment C, Assignment 10 Exam Questions with Correct Answers.
ARM 401 Segment C, Assignment 10 Exam Questions with Correct Answers.
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ARM 401 Segment C, Assignment 10 ExamQuestions with Correct Answers
Fredine Manufacturing is a manufacturer of circuit boards for computers. Fredine is on target to deliver
a large supply of circuit boards at the end of the month, when a piece of the production machinery
breaks down. Fredine learns that the part to repair the machinery is on backorder and will take 10 days
to receive. This delay will prevent Fredine from meeting its production deadline. Which one of the
following supply chain best practices would help avoid this production disruption? - Correct Answer -
Maintain spare parts
Blithe Manufacturing suffered an explosion at one of its manufacturing locations. Fortunately, there
were no injuries and Blithe has a business continuity plan in place. During this crisis which one of the
following stakeholders should be notified of delivery and payment procedures as soon as possible? -
Correct Answer - Suppliers
Cromley Manufacturing is a manufacturer of natural dog food. When the company was started 10 years
ago, there were a limited number of suppliers of the natural ingredients that Cromley used in its
products. Over the years, a number of new suppliers of the natural ingredients have approached
Cromley but management has remained loyal to its original supplier. This management decision has left
Cromley exposed to which one of the following supply chain vulnerabilities? - Correct Answer - Single
source supplier
The Supply Chain Resilience Assessment Model (SCRAM) helps an organization anticipate and overcome
supply chain disruptions by focusing on its - Correct Answer - Vulnerabilities and capabilities.
Parker Panels is a manufacturer of solar energy panels. It relies on a global network of suppliers for the
components that go into the panels. In an environment of intensified competition, Parker Panels seeks
to eliminate redundant and underused resources. With a large network of suppliers and frequent
changes in contract relationships, managing the payment risk is also a challenge. Internal audits revealed
more than one occasion when Parker Panels paid for component parts that were never received. Which
one of the following technological tools would help Parker Panels manage its payment risk and improve
its supply chain risk management? - Correct Answer - Blockchain-empowered smart contracts
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