SCMT Final Exam QUESTIONS AND
CORRECT ANSWERS
The increasing volatility shown by the Supply Chain Volatility index indicates which strategy
will become increasingly important?
a. agile
b. just in time
c. lean
d. Kanban - CORRECT ANSWER a. agile
Which supply chain strategy works best in high volume, low variety and predictable
environments?
a. just in time
b. agile
c. lean
d. Kanban - CORRECT ANSWER c. lean
Which type of flexibility refers to the ability to scale output up and down without significant
penalty?
a. volume flexibility
b. variety flexibility
c. new product flexibility
d. customization flexibility - CORRECT ANSWER a. volume flexibility
Which type of flexibility refers to the ability to manage transitions in production and delivery
across heterogeneous products?
a. customization flexibility
b. new product flexibility
c. volume flexibility
d. variety flexibility - CORRECT ANSWER d. variety flexibility
,Which supply chain strategy is needed in less predictable environments?
a. agile
b. lean
c. Kanban
d. just in time - CORRECT ANSWER a. agile
Which is a key part of sensing?
a. agility
b. sales
c. responsiveness
d. supply chain visibility - CORRECT ANSWER d. supply chain visibility
Syndicated data purchased from AC Nielsen is an example of __________.
a. supplier-level information
b. customer-level information
c. market-level demand information - CORRECT ANSWER c. market-level demand
information
Advanced shipment notices (ASNs) is a __________ -level information type.
a. customer
b. market
c. supplier - CORRECT ANSWER c. supplier
Which are important customer-level information types?
a. point-of-sale data
b. forecasts
c. inventory levels
d. promotional plans
,e. all of the above - CORRECT ANSWER e. all of the above
Big data is "bigger" because of which factor?
a. more volume
b. more variety
c. more velocity
d. all of the above
e. none of the above - CORRECT ANSWER d. all of the above
The number of devices connected to the internet is how many times greater than one year
ago?
a. 1 time
b. 2 times
c. 100 times
d. 200 times - CORRECT ANSWER d. 200 times
Customer sentiment is what type of data?
a. unstructured
b. structured
c. strict
d. relaxed - CORRECT ANSWER b. structured
In the past two years, what percentage of all recorded data has been recorded?
a. 40%
b. 10%
c. 75%
d. 90% - CORRECT ANSWER d. 90%
For a data scientist to be most effective, he or she should have _________.
, a. only broad analytical skills
b. narrow analytical skills and how domain knowledge
c. broad analytical skills and high domain knowledge
d. narrow analytical skills and high domain knowledge - CORRECT ANSWER c.
broad analytical skills and high domain knowledge
Which is a new way to accomplish business process re-engineering?
a. total quality management
b. using big data and predictive analytics
c. lean/six sigma
d. continuous improvement - CORRECT ANSWER b. using big data and predictive
analytics
Which organizational factors are needed to leverage supply chain visibility and big data?
a. transportation infrastructure
b. outsourced analytical skills
c. clear business case for using the data
d. decentralized decision making structure - CORRECT ANSWER c. clear business
case for using the data
As products move through their lifecycles more quickly, which type of flexibility becomes
more important?
a. new product
b. customization
c. volume
d. variety - CORRECT ANSWER a. new product
The ability to vary production dramatically is _________ flexibility.
a. variety
b. volume
CORRECT ANSWERS
The increasing volatility shown by the Supply Chain Volatility index indicates which strategy
will become increasingly important?
a. agile
b. just in time
c. lean
d. Kanban - CORRECT ANSWER a. agile
Which supply chain strategy works best in high volume, low variety and predictable
environments?
a. just in time
b. agile
c. lean
d. Kanban - CORRECT ANSWER c. lean
Which type of flexibility refers to the ability to scale output up and down without significant
penalty?
a. volume flexibility
b. variety flexibility
c. new product flexibility
d. customization flexibility - CORRECT ANSWER a. volume flexibility
Which type of flexibility refers to the ability to manage transitions in production and delivery
across heterogeneous products?
a. customization flexibility
b. new product flexibility
c. volume flexibility
d. variety flexibility - CORRECT ANSWER d. variety flexibility
,Which supply chain strategy is needed in less predictable environments?
a. agile
b. lean
c. Kanban
d. just in time - CORRECT ANSWER a. agile
Which is a key part of sensing?
a. agility
b. sales
c. responsiveness
d. supply chain visibility - CORRECT ANSWER d. supply chain visibility
Syndicated data purchased from AC Nielsen is an example of __________.
a. supplier-level information
b. customer-level information
c. market-level demand information - CORRECT ANSWER c. market-level demand
information
Advanced shipment notices (ASNs) is a __________ -level information type.
a. customer
b. market
c. supplier - CORRECT ANSWER c. supplier
Which are important customer-level information types?
a. point-of-sale data
b. forecasts
c. inventory levels
d. promotional plans
,e. all of the above - CORRECT ANSWER e. all of the above
Big data is "bigger" because of which factor?
a. more volume
b. more variety
c. more velocity
d. all of the above
e. none of the above - CORRECT ANSWER d. all of the above
The number of devices connected to the internet is how many times greater than one year
ago?
a. 1 time
b. 2 times
c. 100 times
d. 200 times - CORRECT ANSWER d. 200 times
Customer sentiment is what type of data?
a. unstructured
b. structured
c. strict
d. relaxed - CORRECT ANSWER b. structured
In the past two years, what percentage of all recorded data has been recorded?
a. 40%
b. 10%
c. 75%
d. 90% - CORRECT ANSWER d. 90%
For a data scientist to be most effective, he or she should have _________.
, a. only broad analytical skills
b. narrow analytical skills and how domain knowledge
c. broad analytical skills and high domain knowledge
d. narrow analytical skills and high domain knowledge - CORRECT ANSWER c.
broad analytical skills and high domain knowledge
Which is a new way to accomplish business process re-engineering?
a. total quality management
b. using big data and predictive analytics
c. lean/six sigma
d. continuous improvement - CORRECT ANSWER b. using big data and predictive
analytics
Which organizational factors are needed to leverage supply chain visibility and big data?
a. transportation infrastructure
b. outsourced analytical skills
c. clear business case for using the data
d. decentralized decision making structure - CORRECT ANSWER c. clear business
case for using the data
As products move through their lifecycles more quickly, which type of flexibility becomes
more important?
a. new product
b. customization
c. volume
d. variety - CORRECT ANSWER a. new product
The ability to vary production dramatically is _________ flexibility.
a. variety
b. volume
