Question: Question 1 ( 1 point ) A supply chain is best described as a ( n ) _ _ _ _ _ _ _ _
Question point A supply chain is best described as an of companies.Question options:group, competinggroup, collaborativealliance, twodirectory, relatedQuestion point The warehouse management system WMS manages all of the following transaction types EXCEPT:Question options:Inventory storageInventory retrievalProduct shippingVehicle movementsQuestion point Enterprise extension is an expansion of control to increase joint planning and collaboration.Question options:TrueFalseQuestion point Which of the following best describes an integrative supply chain process:Question options:something that links together independent parts.a concept that identifies independent parts.a conglomeration of functions.the linking of critical parts of a supply chain.Question point The Anticipatory Business Model is best described by which statement:Question options:driven by forecast.driven by information technology.builds on the principles of timebased competition.is a low risk strategy.Question point Widespread adoption of information technology has led to increased operational responsiveness.Question options:TrueFalseQuestion point According to research, all of the following are examples of supply chain disruptors except:Question options:consumers have become more patient.consumers demand more personalization of products and services.growth of omnichannel shopping.competing priorities of millennial and aging consumers.Question point Process specialization involves the same concepts as vertical integration.Question options:TrueFalseQuestion point Sharing future strategic and tactical plans is a fundamental part of supply chain management.Question options:TrueFalseQuestion point Customer relationship management CRM systems are applications designed to facilitate information sharing between all of the following EXCEPT:Question options:customers.sales force members.operations management employees.stockholders.Question point The process of managing customer returns and products which have served their purpose is known as:Question options:reverse logisticsbackfilling.order fulfillment.demand planning.Question point In order to achieve the lowest total process cost, a supply chain must Question options:minimize the cost of the most expensive functionminimize the cost of each functionminimize the total cost for all involved functions combinedanalyze each function separatelyQuestion point The primary benefits of low product complexity include all of the following except:Question options:increased revenue.improved product quality and reliability.improved product development.decreased sales support cost.Question point The human resources module of the ERP systems tracks what?Question options:Personnel profiles and their activity levelsThe functions for invoice collectionThe supply chain's ability to measure, monitor and report costThe timing and location of supply chain valueadded processesQuestion point A third party service supplier is also known as a nonasset based ISP.Question options:TrueFalse
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