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TB Chapter 7 Exam| 2025/2026 CompleteTB Chapter 7 Exam| 2025/2026 Complete Exam Questions and Correct Answers

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TB Chapter 7 Exam| 2025/2026 Complete Exam Questions and Correct Answers

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TB Chapter 7 Exam| 2025/2026 Complete Exam Questions and Correct Answers
(Verified Answers)
1. The creation across the supply chain and its markets of a coordinated flow of demand is the
definition of ____.


a. order cycle
b. order management
c. demand management

d. supply chain management c. demand management


2. Which of the following is not a basic type of demand forecasting model?


a. exponential smoothing
b. cause and effect
c. judgmental
d. time series

e. all of the above are basic types of forecasting models a. exponential smoothing


3. Surveys and analog techniques are examples of ____ forecasting.


a. cause and effect
b. time series
c. exponential smoothing

d. judgmental d. judgmental


5. Which forecasting technique assumes that one or more factors are related to demand and
that this relationship can be used to estimate future demand?

, a. exponential smoothing
b. judgmental
c. cause and effect

d. time series c. cause and effect


7. Which of the following is true?


a. computer software for demand forecasting dates back over 40 years
b. one challenge to collaborative planning, forecasting, and replenishment is getting supply
chain partners to share data
c. the Excel software package generates forecasts that have very little error
d. SAP is the most widely used software package for demand forecasting

e. all of the above are true b. one challenge to collaborative planning, forecasting, and
replenishment is getting supply chain partners to share data


8. ____ refers to the management of various activities associated with the order cycle.


a. logistics
b. order processing
c. demand management

d. order management d. order management


9. The order cycle is ____.


a. the time that it takes for a check to clear
b. the time that it takes from when a customer places an order until the selling firm receives
the order
c. also called the replenishment cycle

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