SCMT 2103 MODULE 5 EXAM
QUESTIONS AND ANSWERS
Which company is most likely to be historically considered to be a lean company? -
Correct Answers -Wal-Mart
Which is a key outcome of a lean strategy? - Correct Answers -Reduced Waste
Which supply chain strategy works best in high volume, low variety and predictable
environments? - Correct Answers –Lean
How have suppliers traditionally developed order forecasts? - Correct Answers -Using
historical order data
Which companies collaboratively pioneered the sharing of POS data? - Correct
Answers -Walmart and P&G
Which are fundamental characteristics of firms with high internal integration? - Correct
Answers -1.) They integrate planning activities.
2.)They ensure functional awareness.
3.)They facilitate information exchange across functional areas.
Which is a key reason that companies need to develop more agile capabilities? -
Correct Answers -Customer purchase patterns are changing
Which supply chain strategy is needed in less predictable environments? - Correct
Answers -Agile
Advanced shipment notices (ASNs) is a ___________-level information type. - Correct
Answers -Supplier
The number of devices connected to the internet is how many times greater than one
year ago? - Correct Answers -200 times
Big data is " bigger" because of which factor? - Correct Answers -Increased: Volume,
Variety, and Velocity
Facebook likes and tweets are what type of data? - Correct Answers -Unstructured
QUESTIONS AND ANSWERS
Which company is most likely to be historically considered to be a lean company? -
Correct Answers -Wal-Mart
Which is a key outcome of a lean strategy? - Correct Answers -Reduced Waste
Which supply chain strategy works best in high volume, low variety and predictable
environments? - Correct Answers –Lean
How have suppliers traditionally developed order forecasts? - Correct Answers -Using
historical order data
Which companies collaboratively pioneered the sharing of POS data? - Correct
Answers -Walmart and P&G
Which are fundamental characteristics of firms with high internal integration? - Correct
Answers -1.) They integrate planning activities.
2.)They ensure functional awareness.
3.)They facilitate information exchange across functional areas.
Which is a key reason that companies need to develop more agile capabilities? -
Correct Answers -Customer purchase patterns are changing
Which supply chain strategy is needed in less predictable environments? - Correct
Answers -Agile
Advanced shipment notices (ASNs) is a ___________-level information type. - Correct
Answers -Supplier
The number of devices connected to the internet is how many times greater than one
year ago? - Correct Answers -200 times
Big data is " bigger" because of which factor? - Correct Answers -Increased: Volume,
Variety, and Velocity
Facebook likes and tweets are what type of data? - Correct Answers -Unstructured
