UARK SCMT 2103 EXAM 2 QUESTIONS AND ANSWERS
Which are important customer-level information types? - CORRECT ANSWER✅✅All of the above
Point of sale
Forecasts
Inventory levels
Promotional plans
Data that is captured at retail checkout is referred to as __________________ data. - CORRECT
ANSWER✅✅point-of-sale
Advanced shipment notices (ASNs) is a ___________-level information type. - CORRECT
ANSWER✅✅supplier
How specific is point-of-sale data? - CORRECT ANSWER✅✅SKU-time-location specific
Which are fundamental characteristics of firms with high internal integration? - CORRECT
ANSWER✅✅They integrate planning activities.
They facilitate information exchange across functional areas.
They ensure functional awareness.
Which organizational factors are needed to leverage supply chain visibility and big data? - CORRECT
ANSWER✅✅Clear business case for using the data
For a data scientist to be more effective, he or she should have ________________. - CORRECT
ANSWER✅✅Broad analytical skills and high domain knowledge
, Which is a new way to accomplish business process re-engineering? - CORRECT ANSWER✅✅Using big
data and predictive analytics
Which type of flexibility refers to the ability to manage transitions in production and delivery across
heterogeneous products? - CORRECT ANSWER✅✅Variety flexibility
Which company is most likely to be historically considered to be a lean company? - CORRECT
ANSWER✅✅Walmart
Which type of flexibility refers to taking core products and making changes to them? - CORRECT
ANSWER✅✅Customization flexibility
Which is a key outcome of an agile strategy? - CORRECT ANSWER✅✅Satisfied customers
The increasing volatility shown by the Supply Chain Volatility index indicates which strategy will become
increasingly important? - CORRECT ANSWER✅✅Agile
Which supply chain strategy works best in high volume, low variety and predictable environments? -
CORRECT ANSWER✅✅Lean
Which company was an early pioneer in customization flexibility of personal computers? - CORRECT
ANSWER✅✅Dell
The maker movement will ____________ the speed to markets of new products. - CORRECT
ANSWER✅✅Increase
The emergence of omnichannel retailing makes the need for which type of flexibility particularly
important? - CORRECT ANSWER✅✅Variety
The ability to vary production dramatically is _________________ flexibility. - CORRECT
ANSWER✅✅Volume
Which are important customer-level information types? - CORRECT ANSWER✅✅All of the above
Point of sale
Forecasts
Inventory levels
Promotional plans
Data that is captured at retail checkout is referred to as __________________ data. - CORRECT
ANSWER✅✅point-of-sale
Advanced shipment notices (ASNs) is a ___________-level information type. - CORRECT
ANSWER✅✅supplier
How specific is point-of-sale data? - CORRECT ANSWER✅✅SKU-time-location specific
Which are fundamental characteristics of firms with high internal integration? - CORRECT
ANSWER✅✅They integrate planning activities.
They facilitate information exchange across functional areas.
They ensure functional awareness.
Which organizational factors are needed to leverage supply chain visibility and big data? - CORRECT
ANSWER✅✅Clear business case for using the data
For a data scientist to be more effective, he or she should have ________________. - CORRECT
ANSWER✅✅Broad analytical skills and high domain knowledge
, Which is a new way to accomplish business process re-engineering? - CORRECT ANSWER✅✅Using big
data and predictive analytics
Which type of flexibility refers to the ability to manage transitions in production and delivery across
heterogeneous products? - CORRECT ANSWER✅✅Variety flexibility
Which company is most likely to be historically considered to be a lean company? - CORRECT
ANSWER✅✅Walmart
Which type of flexibility refers to taking core products and making changes to them? - CORRECT
ANSWER✅✅Customization flexibility
Which is a key outcome of an agile strategy? - CORRECT ANSWER✅✅Satisfied customers
The increasing volatility shown by the Supply Chain Volatility index indicates which strategy will become
increasingly important? - CORRECT ANSWER✅✅Agile
Which supply chain strategy works best in high volume, low variety and predictable environments? -
CORRECT ANSWER✅✅Lean
Which company was an early pioneer in customization flexibility of personal computers? - CORRECT
ANSWER✅✅Dell
The maker movement will ____________ the speed to markets of new products. - CORRECT
ANSWER✅✅Increase
The emergence of omnichannel retailing makes the need for which type of flexibility particularly
important? - CORRECT ANSWER✅✅Variety
The ability to vary production dramatically is _________________ flexibility. - CORRECT
ANSWER✅✅Volume
