SCMT 2103 TEST 2 UARK THOMAS
EXAM QUESTIONS AND ANSWERS
advanced shipment notices (ASNs) is a ______ level information type - Correct
Answers -supplier
how specific is point of sale data? - Correct Answers -SKU-time-location specific
which supply chain strategy works best in high volume, low variety and predictable
environments? - Correct Answers -lean
which is a key outcome of a lean strategy? - Correct Answers -reduced waste
which is a key reason that companies need to develop more agile capabilities? - Correct
Answers -customer purchase patterns are changing
a custom dream home is likely manufactured using which type of process layout? -
Correct Answers –project
which type of inventory is in a transportation unit - Correct Answers -in transit inventory
which form of inventory is being transformed into a final product - Correct Answers -
work in progress
which type of inventory allows a company to take advantage of transportation utilization
- Correct Answers -cycle stock
capital costs can be viewed as the ____ associated with the money tied up in inventory
- Correct Answers -opportunity
obsolescence is likely a bigger problem for which type of product - Correct Answers -
fresh apples
when operations managers are evaluating the trade off between long production runs of
a single item versus shorter, more costly runs of a variety of items, they are analyzing? -
Correct Answers -economies of scales versus economies of scope
the type of assembly process with the highest level of customization and results in high
costs of unique products is? - Correct Answers -engineer to order (ETO)
EXAM QUESTIONS AND ANSWERS
advanced shipment notices (ASNs) is a ______ level information type - Correct
Answers -supplier
how specific is point of sale data? - Correct Answers -SKU-time-location specific
which supply chain strategy works best in high volume, low variety and predictable
environments? - Correct Answers -lean
which is a key outcome of a lean strategy? - Correct Answers -reduced waste
which is a key reason that companies need to develop more agile capabilities? - Correct
Answers -customer purchase patterns are changing
a custom dream home is likely manufactured using which type of process layout? -
Correct Answers –project
which type of inventory is in a transportation unit - Correct Answers -in transit inventory
which form of inventory is being transformed into a final product - Correct Answers -
work in progress
which type of inventory allows a company to take advantage of transportation utilization
- Correct Answers -cycle stock
capital costs can be viewed as the ____ associated with the money tied up in inventory
- Correct Answers -opportunity
obsolescence is likely a bigger problem for which type of product - Correct Answers -
fresh apples
when operations managers are evaluating the trade off between long production runs of
a single item versus shorter, more costly runs of a variety of items, they are analyzing? -
Correct Answers -economies of scales versus economies of scope
the type of assembly process with the highest level of customization and results in high
costs of unique products is? - Correct Answers -engineer to order (ETO)
