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BCOR 360 EXAM 1 STUDY GUIDE QUESTIONS WITH CORRECT ANSWERS

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BCOR 360 EXAM 1 STUDY GUIDE QUESTIONS WITH CORRECT ANSWERS

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The supply chain function works with finance and accounting on determining capital
investments in manufacturing plans and resource levels, such as workforce. This
supply chain activity is..


a. forecasting
b. logistics
c. capacity planning
d. purchasing


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, capacity planning




Which area of the SCOR model includes the activities that are necessary to handle
warranty repairs and exchanges or shipments in excess of what is needed at a retail
location?


a. delivery
b. source
c. planning
d. return


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return




The natural progression of time periods that enter the planning horizon as the current
period fades into the past is called..


a. an updated horizon
b. unfurling the scroll
c. an evolutionary period
d. a rolling planning horizon


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a rolling planning horizon




A decade ago, most music was sold as physical CDs in music stores. Companies, such
as Apple, sell music over the internet. In this example, by effectively utilizing

, information technology to automate this business transaction, Apple exhibits which of
the following important trends in supply chain management?


a. relationship management
b. increasing competition and globalization
c. electronic commerce
d. radio frequency identification (RFID)


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electronic commerce




Which of the following statements about sales and operations planning (S&OP) is
best?


a. S&OP should be conducted independently by each member of the supply chain
b. S&OP indicates how the organization will use its tactical capacity resources to meet
expected customer demand
c. S&OP should be expressed in sets of terms that hold meaning only for the
individual departments of an organization
d. S&OP is not performed in the short term


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S&OP indicates how the organization will use its tactical capacity resources
to meet expected customer demand




A long-term movement up or down in a time series is called..


a. randomness
b. seasonality
c. cycle
d. trend

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