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supply chain management exam 2 uc3m questions and answers ERP Advantages - ANSWERS -•Communication and efficient flow of information between different business areas, business units and geographic areas •Planning and management of resources provided by integrated systems •Optimization of business processes and improvement in obtaining reliable and timely information Digital transformation - ANSWERS -▪ employing data analysis ▪ artificial intelligence or process simulation...

Supply Chain Management Final Exam Questions and Answers Know the dimensions of the Dow Jones Sustainability Index. - ANSWERS -An 100% is divided into 57% of industry specific criteria and 43% of general criteria. That is also subdivided in: 33% economic dimension, which includes: - Corporate governance - Code of conduct, compliance - Risks and crisis management - CRM - Innovation management 33% environmental dimension, which includes: - Environmental management system - Envir...

BUNDLE - DBIA EXAMS

Supply Chain Study Exam 3 Questions and Answers "A temporary endeavor undertaken to create a unique product, service, or result" is the definition of - ANSWERS -a project If project planners believe the project is feasible, they proceed to the project - ANSWERS -definition phase "A graphical tool used to show expected start and end times for project activities and to track actual progress against these time targets" is the definition of - ANSWERS -gantt chart Inventory ...

Supply Chain Exam 1–Kemmer Questions and Answers postponable product - ANSWERS -one that can be configured to its final form quickly and cheaply once customer places order CPFR (started by Walmart) - ANSWERS -collaborative planning forecasting and replenishment: companies share info to decrease uncertainty and risk in meeting customer demands 4 collaborative activities in CPFR - ANSWERS -market planning (new products, changing policies) demand and resource planning (customer demand...

Intro to Supply chain Exam 2 Rutgers Questions and Answers To make or process raw materials into finished products, especially by means of a large-scale industrial operation, is called what? -Mass Customization -Work-in-Process -Manufacturing -Inventory Management - ANSWERS --Manufacturing Which Manufacturing Strategy can be described as producing products to put into inventory based on a demand forecast? -Make-to-Stock -Assemble-to-Order -Make-to-Order -Engineer-to-Order - A...

SUPPLY CHAIN TAITT EXAM 1 QUESTIONS AND ANSWERS The primary purpose of the basic economic order quantity model is a. To calculate the reorder point, so that replenishments take place at the proper time b. To minimize the sum of carrying cost and holding cost c. To maximize the customer service level d. To minimize the sum of ordering cost and holding cost - ANSWERS -D. to minimize the sum of ordering cost and holding cost A type of inventory system that issues an order whenever...

Powers Supply Chain Exam 1 Questions and Answers An approach similar to process mapping that analyzes the interface between customers and service processes - ANSWERS -service blueprinting the skills, processes, and systems that are unique to the firm and that enable it to deliver products that are both valued by the customers and difficult for the competitors to imitate - ANSWERS -core capabilities the extent to which there is alignment between the firms operational capabilities, it...

Intro Supply Chain Exam 1 Rutgers Mclaury Questions and Answers Linear (1D) Bar Codes - ANSWERS -a series of alternating bars and spaces printed or stamped on parts, containers, labels, or other media, representing encoded information that can be read by electronic readers. 2D Bar Codes - ANSWERS -are a graphical image that stores information both horizontally and vertically. Radio Frequency Identification (RFID) - ANSWERS -Successor to the barcode for tracking individual unit of good...

Supply Chain Principles Exam Questions and Answers within the company - ANSWERS -Internal customers are individuals that work _________________. Reverse logistics - ANSWERS -Identify the process used for the return of products. information flows - ANSWERS -__________ consist of data that are related to demand, shipments, orders, returns and schedules c) to increase cycle time - ANSWERS -Which of the following is not a goal of supply chain management? a) to reduce uncertainty along...

Supply Chain Exam 2-Rutgers University Ch 5-8 Questions and Answers _Buyer's Risk - ANSWERS -The buyer accepts a shipment of poor-quality units because the sample falsely provides a positive result against the acceptance standard (type II error) The 5 Why's Technique - ANSWERS -a questioning technique for identifying the _root cause of a problem_. By repeatedly asking the question "Why" (five is a good rule of thumb), you can peel away the layers of symptoms which can lead ...

Supply Chain Exam 1 Questions and Answers flowchart - ANSWERS -shows the movement of materials Time-Function Mapping - ANSWERS -shows flows and time frame Value Stream Mapping - ANSWERS -- a variation of time-function mapping - where value is added in the entire production process, including the supply chain - extends from the customer back to suppliers Supply Chain - ANSWERS -a global network of organizations and activities that supplies a firm with goods and services Product...

DBIA - Project Delivery Test Study Questions and Answers

DBIA Study Questions with Verified Solutions

DBIA - Project Delivery Exam Questions and Answers Integrated Form of Agreement - ANSWERS -IFOA Standard of Quality - ANSWERS -SOQ Standard of Care and Warranties - ANSWERS -Designers are required to uphold a standard of care for design and Contractors are required to warrant the construction work. A DB entity must do both. Miller Act - ANSWERS -The existing federal law that required federal projects exceeding 100k to require both a performance and a payment bond. Created a legal s...

DBIA - Contracts and Risk Management Exam Questions and Answers Performance Specification - ANSWERS -Owner only provides the requirement(s) for the end result of an element that will be designed by others. Teaming Agreement - ANSWERS -A contractual agreement that defines the roles, responsibility, considerations, and partnerships of two or more organizations that works together in a project. It's not unlike a partnership or subcontractor relationship Requirements for a valid co...

DBIA Exam Questions with Complete Solutions Spearin Doctrine - ANSWERS -if contract builds in compliance, whether or not ti works, is on the group that designed it; deficient design that did not work Subrogation - ANSWERS -Insurance company acts as insured Surety Bond - ANSWERS -insures obligations will be met, performance and payment bonds, in design build covers both construction and design Precedence - ANSWERS -resolves inconsistency Idwp - ANSWERS -Integrated design work pla...

DBIA CMGT - 360 FUNDAMENTALS OF PROJECT EXAM QUESTIONS AND ANSWERS Federal Government Model - ANSWERS -• Federal agencies use DB aided by Defense Procurement Reform Act (also called Clinger Cohen Act) of 1996 -Formerly just DOD & select few agencies -Currently ALL Federal agencies • Established the Best Value Two Phase Source Selection Process -Phase 1 - RFQ -Phase 2 - RFP • Preference for performance-based requirements Design-Build PLUS - ANSWERS -The Design-Build entity...

DBIA Exam Study Questions and Answers DBIA 540 - ANSWERS -Standard Form of Agreement Between Design-Builder & Design Consultant, DBIA 550 - ANSWERS -Standard Form of Agreement Between Design-Builder & General Contractor, Cost Plus Fee with or without a Guaranteed Maximum Price DBIA 580 - ANSWERS -Standard Form of Teaming Agreement Between Design-Builder & Teaming Party Miller Act 1935 - ANSWERS -Federal Government passed bond requiring payment and performance bonds on all public wo...

DBIA EXAM 1 QUESTIONS AND ANSWERS integrated DB teams must: - ANSWERS -everyone must be engaged from day 1 focus on solving the problem rather than protecting your position interdisciplinary fluence environment of trust leadership healthy debate/conflict that leads to committment why do teams still fail? - ANSWERS -trust the area between blind faith and paranoia is: - ANSWERS -trust spectrum belief that there is a technique, method or process that is more effective a...