SCMN 2150 Test 1 2024 || with 100% Correct Answers.
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Course
SCMN 2150
Institution
SCMN 2150
what should drive activities across the supply chain? correct answers customer demand
_____ utility focuses on what I want, ____ utility focuses on when I want it. correct answers form, time
___ tools facilitate i correct answers SC execution
when supply chain data is ____, it contains per...
SCMN 2150 Test 1 2024 || with 100% Correct Answers.
what should drive activities across the supply chain? correct answers customer demand
_____ utility focuses on what I want, ____ utility focuses on when I want it. correct answers
form, time
___ tools facilitate i correct answers SC execution
when supply chain data is ____, it contains pertinent details and supports analysis. correct
answers relevant
what SCIS application provide visibility of critical flows and help provide early warning signals
of deviations from plans? correct answers SC event management
why is supply chain management important? correct answers helps company proactively manage
its capacity
the --- capacity planning strategy adds new capacity before demand increases. correct answers
proactive
What creates a single plan correct answers sales and operations planning
what details the amount correct answers master production schedule
when scheduling, we develop plans for our work centers where production activities occur
correct answers true
a process that focuses on buying merchandise or services at the optimum possible total cost in
the correct amount and quality for an organization correct answers procurement
Why would your company purchase goods from external suppliers correct answers my company
has limited capacity
what is appropriate financial goal for a company that adopts strategic sourcing correct answers
lowest total cost of ownership
the lean production philosophy embodies all of the following except:
eliminate process waste
improve product quality
push standard products correct answers push standard products
which supply chain process focuses on the transformation of inputs into outputs correct answers
production
, if an organization can get its supply chain well synchronized what ultimate benefit will be
achieved correct answers network excellence
___management includes all the activities that take place to get a product in your hands from raw
materials extraction to production and final goods delivery correct answers supply chain
all supply chains are constructed in a similar fashion with the same number and types of
participants. T/F correct answers false
which utility allows customers to have products in locations where customer demand will occur?
correct answers place utility
decision support tools provide the ability to model volatile scenarios, give the organization the
_______ to sense and respond to changing market conditions. correct answers agility
which of the following is not a characteristic of high quality data?
accuracy
relevancy
variability
accessibility correct answers variability
What type of technology provides a control tower from which relevant supply chain information
can be seen by all stakeholders, creates one version of the truth, and eliminates information time
lags that hinder event management response? correct answers Cloud computing
Cloud computing is a viable option for on-demand access to supply chain software applications
and data sharing. The model operates on a pay-as-you-go structure and offers a consistent
environment for deployment. T/F correct answers True
When supply chain data is said to be ACCESSIBLE, it must correct answers be readily available
for decision making purposes
According to the Module 1a reading, supply chain management is the process of integrating the
supply and demand management, not only within the organization, but also across all the various
members and channels in the supply chain so they work together most efficiently and effectively.
correct answers True
According to the Module 1a reading, in the coming year, more supply chain organizations will
transform their networks into connected, intelligent, scalable, customizable and nimble digital
ecosystems. correct answers true
According to the Module 1a reading, this 2024 supply chain trend is a response to the turbulence
and vulnerability of globalized supply chains. correct answers supply chain relocation
this suite sits correct answers supply chain planning
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