AND CORRECT ANSWER WITH EXPLANATION GRADED
A+ STUDY GUIDE SOUTHERN NEW HAMPSHIRE
UNIVERSITY
1. Supply chain analytics refers to:
A. HR hiring process
B. Using data to improve supply chain decisions
C. Cooking methods
D. Marketing design
Answer: B
It uses data analysis to optimize supply chain performance.
2. The main goal of supply chain analytics is to:
A. Increase confusion
B. Improve efficiency and decision-making
C. Reduce production
D. Stop logistics
Answer: B
It enhances operational decisions.
3. Descriptive analytics explains:
A. Future outcomes
B. What has happened
C. Why hiring failed
D. Cooking results
Answer: B
It summarizes past data.
4. Diagnostic analytics explains:
,A. Future demand
B. Why something happened
C. HR salaries
D. Marketing ads
Answer: B
It identifies causes of outcomes.
5. Predictive analytics focuses on:
A. Past events only
B. Forecasting future outcomes
C. HR planning
D. Cooking results
Answer: B
It predicts future trends.
6. Prescriptive analytics provides:
A. Historical reports
B. Recommended actions
C. HR policies
D. Cooking steps
Answer: B
It suggests decisions.
7. Supply chain analytics helps in:
A. Increasing waste
B. Reducing costs
C. Ignoring data
D. Random decisions
Answer: B
It improves efficiency.
8. Data in supply chain analytics comes from:
, A. Cooking systems
B. ERP systems and logistics data
C. HR only
D. Social media only
Answer: B
It uses business systems.
9. KPI in supply chain means:
A. Known Production Indicator
B. Key Performance Indicator
C. Key Planning Input
D. Known Product Index
Answer: B
It measures performance.
10. Inventory turnover measures:
A. HR efficiency
B. How fast inventory is sold and replaced
C. Cooking speed
D. Marketing success
Answer: B
It tracks stock movement.
11. Demand forecasting is part of:
A. HR analytics
B. Supply chain analytics
C. Cooking systems
D. Payroll systems
Answer: B
It predicts demand trends.
12. Big data in supply chain refers to: