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What is computer-aided design/computer-aided manufacturing (CAD/CAM) ?


A) Systems are used to create the digital designs and then manufacture the products
B) A cultural trend that places value on an individual's ability to be a creator of things as well as a consumer of things
C) A community center that provides technology, manufacturing equipment, and educational opportunities to the public that would otherwise be inaccessible or unaffordable
D) Promotes serialization or the ability to track individual items by using the unique serial number associated with each RFID tag

E) C) and D)
F) All of the above

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What allows an organization to reduce the cost and time required during the design process of a product?


A) Supply chain event management
B) Selling chain management
C) Collaborative engineering
D) Collaborative demand planning

E) A) and C)
F) B) and C)

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The process of 3D printing (additive manufacturing) builds-layer by layer in an additive process-a three-dimensional solid object from a digital model.

A) True
B) False

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Cradle-to-grave provides materials management support.

A) True
B) False

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Procurement includes the processes that control the distribution, maintenance, and replacement of materials and personnel to support the supply chain.

A) True
B) False

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False

Materials are transformed into semi finished and finished products-the organization's own production processes.

A) True
B) False

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Inventory cycle time is the agreed-upon time between the purchase of a product and the delivery of the product.

A) True
B) False

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Which of the following is not one of the three main links in the supply chain?


A) Materials flow from suppliers and their "downstream" suppliers at all levels
B) Transformation of materials into semifinished and finished products-the organization's own production processes
C) Distribution of products to customers and their "downstream" customers at all levels
D) None of these choices are correct.

E) A) and B)
F) C) and D)

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A drone is an unmanned aircraft that can fly autonomously, or without a human. Amazon.com is piloting drone aircraft for package deliveries.

A) True
B) False

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A back order is an unfilled customer order for a product that is out of stock.

A) True
B) False

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Information technology's primary role in supply chain management is creating the integrations or tight process and information linkages between functions within a firm-such as marketing, sales, finance, manufacturing, and distribution-and between firms.

A) True
B) False

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In which of the five basic supply chain activities do you support customers and product returns?


A) Plan
B) Source
C) Deliver
D) Return

E) C) and D)
F) A) and C)

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D

What distributes goods and services to customers?


A) Inbound logistics
B) Outbound logistics
C) Logistics
D) Cradle to grave

E) B) and C)
F) A) and D)

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Supply chain event management applies technology to the activities in the order life cycle from inquiry to sale.

A) True
B) False

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Inventory cycle time is the time it takes to manufacture a product and deliver it to the retailer.

A) True
B) False

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Procurement is the purchasing of goods and services to meet the needs of the supply chain.

A) True
B) False

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In which of the five basic supply chain activities do you prepare to manage all resources required to meet demand?


A) Plan
B) Source
C) Deliver
D) Return

E) A) and B)
F) C) and D)

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What is the bullwhip effect?


A) Views all areas up and down the supply chain in real time
B) Uses advanced mathematical algorithms to improve the flow and efficiency of the supply chain while reducing inventory
C) Ensures supply chain cohesion by automating the different activities of the supply chain
D) Occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain

E) A) and C)
F) B) and D)

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What is collaborative engineering?


A) Enables an organization to react more quickly to resolve supply chain issues
B) Applies technology to the activities in the order life cycle from inquiry to sale
C) Allows an organization to reduce the cost and time required during the design process of a product
D) Helps organizations reduce their investment in inventory while improving customer satisfaction through product availability

E) All of the above
F) A) and B)

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C

Which of the following is one of the business areas of supply chain management?


A) Logistics
B) Procurement
C) Materials management
D) All of these

E) B) and C)
F) None of the above

Correct Answer

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