1|Page
BCOR 360 FINAL EXAM LATEST 2025 ACTUAL EXAM WITH
COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (100%
VERIFIED ANSWERS) |ALREADY GRADED A+| ||PROFESSOR
VERIFIED||
Business forecasting is the process of using __________ and
experience to make predictions and respond to various business
needs. - ANSWER-Analytics, Data, Insights
In order for a company to win the "first moment of truth" it needs
to have the right _________ at the right _________ at the lowest
possible _________. - ANSWER-Product, Place, Time, Cost
Which of the following are discussed during the S&OP supply
review meeting? - ANSWER-All of the above
Complexity, ownership, and uncertainty are some of the biggest
challenges to effect order management. - ANSWER-True
which technique should you use when recent data better reflects
future demand than older data? - ANSWER-Weighted Moving
Average
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What type of forecast smooths out noise? - ANSWER-Stable
For an exponential smoothing forecast, if you want to take a wait
and see approach, your alpha should be: - ANSWER-Small
Which error calculation expresses forecast error as a percentage
from the mean? - ANSWER-MAPE
Using a single MSE calculation tells you a lot about your forecast.
- ANSWER-False
What are the key activities in Logistics? - ANSWER-Movement,
storage and processing
The biggest transportation mode in terms of spending is: -
ANSWER-Motor carrier
The slowest transportation mode is: - ANSWER-Pipeline
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Most polluting mode of transportation is: - ANSWER-Air
Which type of warehouse receives large volumes TL, broken
down and delivered using LTL? - ANSWER-Breakbulk
Which company made cross docking famous? - ANSWER-
Walmart
If you need help handling occasional shipping to certain areas,
what should be a good type of relationship to have with a 3PL? -
ANSWER-Transactional
What type of 3PL realtiionsips are win-win, driven by scale, and
characterized by joint planning and value added services? -
ANSWER-Cooperative
As the value of product increases, which of the following is also
true from a logistics perspective? - ANSWER-Inventory costs will
increase
, 4|Page
inventory strategy should - ANSWER-Depend on a company's
competitive goals
Factors that tend to reduce the need for inventory include -
ANSWER-Decreasing supply uncertainty
Reasons to keep inventory include - ANSWER-Responding to
uncertain demand
Inventory performance e can be improved by - ANSWER-using
forecasting effectively
ABC analysis - ANSWER-tails ordering practices based on
relative item value
Which of the following might be expected to be an 'A' class -
ANSWER-a $5,000 microscope
BCOR 360 FINAL EXAM LATEST 2025 ACTUAL EXAM WITH
COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (100%
VERIFIED ANSWERS) |ALREADY GRADED A+| ||PROFESSOR
VERIFIED||
Business forecasting is the process of using __________ and
experience to make predictions and respond to various business
needs. - ANSWER-Analytics, Data, Insights
In order for a company to win the "first moment of truth" it needs
to have the right _________ at the right _________ at the lowest
possible _________. - ANSWER-Product, Place, Time, Cost
Which of the following are discussed during the S&OP supply
review meeting? - ANSWER-All of the above
Complexity, ownership, and uncertainty are some of the biggest
challenges to effect order management. - ANSWER-True
which technique should you use when recent data better reflects
future demand than older data? - ANSWER-Weighted Moving
Average
,2|Page
What type of forecast smooths out noise? - ANSWER-Stable
For an exponential smoothing forecast, if you want to take a wait
and see approach, your alpha should be: - ANSWER-Small
Which error calculation expresses forecast error as a percentage
from the mean? - ANSWER-MAPE
Using a single MSE calculation tells you a lot about your forecast.
- ANSWER-False
What are the key activities in Logistics? - ANSWER-Movement,
storage and processing
The biggest transportation mode in terms of spending is: -
ANSWER-Motor carrier
The slowest transportation mode is: - ANSWER-Pipeline
,3|Page
Most polluting mode of transportation is: - ANSWER-Air
Which type of warehouse receives large volumes TL, broken
down and delivered using LTL? - ANSWER-Breakbulk
Which company made cross docking famous? - ANSWER-
Walmart
If you need help handling occasional shipping to certain areas,
what should be a good type of relationship to have with a 3PL? -
ANSWER-Transactional
What type of 3PL realtiionsips are win-win, driven by scale, and
characterized by joint planning and value added services? -
ANSWER-Cooperative
As the value of product increases, which of the following is also
true from a logistics perspective? - ANSWER-Inventory costs will
increase
, 4|Page
inventory strategy should - ANSWER-Depend on a company's
competitive goals
Factors that tend to reduce the need for inventory include -
ANSWER-Decreasing supply uncertainty
Reasons to keep inventory include - ANSWER-Responding to
uncertain demand
Inventory performance e can be improved by - ANSWER-using
forecasting effectively
ABC analysis - ANSWER-tails ordering practices based on
relative item value
Which of the following might be expected to be an 'A' class -
ANSWER-a $5,000 microscope
