RMG 200 Final Exam Questions &
Answers (Grade A+)
Supply Chain Management -
correct answer ✅a set of activities that firms employ to efficiently
manage the flow of merchandise from vendors to customers
Universal Product Code (UPC) -
correct answer ✅A barcode symbology for tracking trade items in
stores.
Advanced Shipping Notice (ASN) -
correct answer ✅A notification of pending deliveries
Electronic Data Interchange (EDI) -
correct answer ✅An electronic communication method that
provides standards for enhancing data
Cross-Docking -
correct answer ✅The logistics of unloading materials from
incoming transports and loading these materials and them directing
them into outbound transports with little/no storage in between.
,RMG 200 Final Exam Questions &
Answers (Grade A+)
Floor-Ready Merchandise -
correct answer ✅Products that are pre-tagged with all details
required in a retail store.
Ticketing Marketing -
correct answer ✅Retailers have the option to modify the
packaging.
Logistics -
correct answer ✅Part of the supply chain process that plans,
implements, and controls the efficient and effective flow of goods,
services, and related information from the point of origin to the
point of consumption
Pull Supply Chain Strategy -
correct answer ✅Orders for merchandise are generated at store
level, on the basis of data captured by point of sales terminals.
Push Supply Chain Strategy -
correct answer ✅Merchandise is allocated to stores on the basis of
historical demand, the inventory position at the distribution centre
and the store's needs.
, RMG 200 Final Exam Questions &
Answers (Grade A+)
Types of Delivery -
correct answer ✅Distribution Centre Delivery
Direct Store Delivery
Drop Shipping Delivery
Distribution Centre Delivery -
correct answer ✅Vendor-Distributor-Retailer-Consumer
Direct Store Delivery -
correct answer ✅Vendor-Retailer-Consumer
Drop Shipping Delivery -
correct answer ✅Consumer-Retailer-Vendor-Consumer
Supply Chain Benefits -
correct answer ✅Vendors can plan their purchases of raw
materials and manufacturing processes to match
the retailer's merchandise needs.
+
JIT Delivery
Answers (Grade A+)
Supply Chain Management -
correct answer ✅a set of activities that firms employ to efficiently
manage the flow of merchandise from vendors to customers
Universal Product Code (UPC) -
correct answer ✅A barcode symbology for tracking trade items in
stores.
Advanced Shipping Notice (ASN) -
correct answer ✅A notification of pending deliveries
Electronic Data Interchange (EDI) -
correct answer ✅An electronic communication method that
provides standards for enhancing data
Cross-Docking -
correct answer ✅The logistics of unloading materials from
incoming transports and loading these materials and them directing
them into outbound transports with little/no storage in between.
,RMG 200 Final Exam Questions &
Answers (Grade A+)
Floor-Ready Merchandise -
correct answer ✅Products that are pre-tagged with all details
required in a retail store.
Ticketing Marketing -
correct answer ✅Retailers have the option to modify the
packaging.
Logistics -
correct answer ✅Part of the supply chain process that plans,
implements, and controls the efficient and effective flow of goods,
services, and related information from the point of origin to the
point of consumption
Pull Supply Chain Strategy -
correct answer ✅Orders for merchandise are generated at store
level, on the basis of data captured by point of sales terminals.
Push Supply Chain Strategy -
correct answer ✅Merchandise is allocated to stores on the basis of
historical demand, the inventory position at the distribution centre
and the store's needs.
, RMG 200 Final Exam Questions &
Answers (Grade A+)
Types of Delivery -
correct answer ✅Distribution Centre Delivery
Direct Store Delivery
Drop Shipping Delivery
Distribution Centre Delivery -
correct answer ✅Vendor-Distributor-Retailer-Consumer
Direct Store Delivery -
correct answer ✅Vendor-Retailer-Consumer
Drop Shipping Delivery -
correct answer ✅Consumer-Retailer-Vendor-Consumer
Supply Chain Benefits -
correct answer ✅Vendors can plan their purchases of raw
materials and manufacturing processes to match
the retailer's merchandise needs.
+
JIT Delivery
