TB Chapter 7 Exam Answered Rated A+
Study online at https://quizlet.com/_hpfezd
1. 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. 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. 3. Surveys and analog techniques are examples of ____ forecasting.
a. cause and effect
b. time series
c. exponential smoothing
d. judgmental: d. judgmental
4. 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
5. 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
1/8
, TB Chapter 7 Exam Answered Rated A+
Study online at https://quizlet.com/_hpfezd
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
6. 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
7. 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
d. also called the vendor cycle: c. also called the replenishment cycle
8. 10. The order cycle is composed of each of the following except:
a. order retrieval
b. order delivery
c. order picking and assembly
d. order transmittal: a. order retrieval
9. 11. Which of the following is false?
a. some organizations have expanded the order management concept to
include the length of time it takes an organization to receive payment for an
order
b. the order cycle should be analyzed in terms of total cycle time and cycle time
variability
c. order management has been profoundly impacted by advances in informa-
tion systems
2/8
Study online at https://quizlet.com/_hpfezd
1. 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. 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. 3. Surveys and analog techniques are examples of ____ forecasting.
a. cause and effect
b. time series
c. exponential smoothing
d. judgmental: d. judgmental
4. 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
5. 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
1/8
, TB Chapter 7 Exam Answered Rated A+
Study online at https://quizlet.com/_hpfezd
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
6. 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
7. 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
d. also called the vendor cycle: c. also called the replenishment cycle
8. 10. The order cycle is composed of each of the following except:
a. order retrieval
b. order delivery
c. order picking and assembly
d. order transmittal: a. order retrieval
9. 11. Which of the following is false?
a. some organizations have expanded the order management concept to
include the length of time it takes an organization to receive payment for an
order
b. the order cycle should be analyzed in terms of total cycle time and cycle time
variability
c. order management has been profoundly impacted by advances in informa-
tion systems
2/8
