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Electronic data interchange (EDI), a standard format for the electronic exchange of information between supply chain participants.

A) True
B) False

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Walmart and Procter & Gamble (P&G) implemented a tremendously successful SCM system.The system linked Walmart's _____________ centers directly to P&G's _____________ centers.


A) Manufacturing, distribution
B) Distribution, manufacturing
C) Stores, distribution
D) Distribution, stores

E) A) and B)
F) A) and C)

Correct Answer

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Supply chain visibility is the ability to view all areas up and down the supply chain.

A) True
B) False

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Makerspaces is a community center that provides technology, manufacturing equipment, and educational opportunities to the public that would otherwise be inaccessible or unaffordable.

A) True
B) False

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What are systems are used to create the digital designs and then manufacture the products?


A) Computer-aided design/computer-aided manufacturing
B) Maker movement
C) Makerspace
D) RFID electronic product code

E) A) and C)
F) A) and D)

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Outbound logistics acquires raw materials and resources and distributes them to manufacturing as required.

A) True
B) False

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In the basic supply chain, source refers to building relationships with suppliers to procure raw materials.

A) True
B) False

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Inventory cycle time is the time it takes to manufacture a product and deliver it to the retailer.

A) True
B) False

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What distributes goods and services to customers?


A) Inbound logistics
B) Outbound logistics
C) Logistics
D) Cradle to grave

E) A) and B)
F) A) and D)

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Logistics includes the increasingly complex management of processes, information, and communication to take a product from cradle to grave.Cradle to grave provides logistics support.

A) True
B) False

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In the basic supply chain, return refers to prepare to manage all resources required to meet demands.

A) True
B) False

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What applies technology to the activities in the order life cycle from inquiry to sale?


A) Supply chain event management
B) Selling chain management
C) Collaborative engineering
D) Collaborative demand planning

E) A) and B)
F) A) and D)

Correct Answer

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What can effective and efficient supply chain management systems enable an organization to accomplish?


A) Increase the power of its buyers
B) Increase its supplier power
C) Increase switching costs to increase the threat of substitute products or services
D) All of these

E) None of the above
F) B) and C)

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Radio-frequency identification (RFID) uses electronic tags and labels to identify objects wirelessly over short distances.

A) True
B) False

Correct Answer

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Where would you find the suppliers' supplier in a typical supply chain?


A) Upstream
B) Downstream
C) In the middle
D) Not on the supply chain

E) All of the above
F) B) and C)

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What is 3D Printing?


A) A process that builds-layer by layer in an additive process-a three-dimensional solid object from a digital model.
B) Uses electronic tags and labels to identify objects wirelessly over short distances.
C) Unmanned aircraft that can fly autonomously, or without a human.
D) Focus on creating artificial intelligence devices that can move and react to sensory input.

E) All of the above
F) A) and C)

Correct Answer

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What focuses on creating artificial intelligence devices that can move and react to sensory input?


A) 3D Printing
B) Robotics
C) Drones
D) RFID

E) A) and B)
F) A) and C)

Correct Answer

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The maker movement is a cultural trend that places value on an individual's ability to be a creator of things as well as a consumer of things.

A) True
B) False

Correct Answer

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Which of the following is one of the business areas of supply chain management?


A) Logistics
B) Procurement
C) Materials management
D) All of these

E) All of the above
F) A) and B)

Correct Answer

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RFID supports logistics.

A) True
B) False

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