Question 1 of 205.0 PointsData sharing allows companies to work together to achieve supply chain efficiencies and increase customer satisfaction. What term best describes this coordination?A. Boom-to-bust business cycleB. Order balancingC. Performance incentivesD. Supply chain integrationQuestion 2 of 205.0 PointsWhich statement is true about the bullwhip effect?A. It reflects reality in the supply chain.B. It is caused by certain types of technology.C. It is also called CPFR.D. It is a ripple effect.Question 3 of 205.0 PointsWhich of the following is an activity of collaborative planning, forecasting, and replenishment (CPFR)?A. CPFR negotiates a back-end agreement that defines responsibilities.B. CPFR neglects exception reporting.C. CRFR creates forecasts that are interdependent to each company.D. CPFR identifies exceptions or differences between companies.Question 4 of 205.0 PointsWhich statement is true regarding eXtensible Markup Language (XML)?A. XML neglects the relationship between humans and computers.B. XML is another term for electronic data interchange.C. XML transmits data in flexible formats among computers.D. XML is limited in the type of structured data that can be transmitted.Question 5 of 205.0 Points__________ systems are highly analytical applications from which plant capacity, material availability, and customer demand are assessed.A. Revenue managementB. Sales force automationC. Transportation planningD. Advanced planning and schedulingQuestion 6 of 205.0 Points__________ lets a company experiment with different price mixes for its various products in light of the predicted demand.A. Revenue managementB. Sales force automationC. Demand planningD. Advanced planning and schedulingQuestion 7 of 205.0 PointsWhich statement is true regarding supply chain management systems?A. They tend to focus on tactical level capabilities.B. They focus on tactical level decision making.C. They rely on ERP or legacy systems to provide data to support analysis and planning.D. They function better when not integrated.Question 8 of 205.0 PointsA __________ system focuses on carrying out the production activities in a factory.A. warehouse managementB. manufacturing executionC. transportation schedulingD. demand planningQuestion 9 of 205.0 PointsWhich statement is true regarding data storage and retrieval?A. Views can be created and made available to people who need them to do their jobs.B. It provides for different retrieval needs of the people who do the programming.C. It restricts views to customer use.D. All data and storage retrieval systems have pre-designed views that are not flexible in terms of customization.Question 10 of 205.0 PointsWhich statement is true regarding standard generalized markup language?A. It is another term for enterprise resource planning.B. It is a scaled down version of eXtensible Markup Language.C. It is so huge that using it would bog down most applications.D. It is another term for electronic data interchange.Question 11 of 205.0 PointsIn terms of starting supply chain collaboration, the best place to start in an effort to promote collaboration is to:A. immediately invest in an enterprise resource planning system.B. make all suppliers alliance partners.C. measure the bullwhip effect within a company.D. make all suppliers provide weekly demand reports.Question 12 of 205.0 PointsVoluntary Interindustry Commerce Standards (VICS) Association does which of the following?A. It created a technique known as collaborative planning, forecasting, and replenishment.B. It documents best practices for collaborative planning, forecasting, and replenishment; it also creates guidelines.C. It keeps up-to-date on the technique known as collaborative planning, scheduling, and replenishment.D. It is a European association which has not yet done business in the United States.Question 13 of 205.0 PointsWhich of the following is considered a major factor that causes the bullwhip effect?A. Performance incentivesB. Product developmentC. Line balancingD. Product costingQuestion 14 of 205.0 PointsThe collaborative planning, forecasting, and replenishment process is broken down into three activities, which include which of the following?A. Collaborative costing, forecasting, and replenishmentB. Collaborative planning, forecasting, and warranty returnsC. Collaborative planning, scheduling, and replenishmentD. Collaborative planning, forecasting, and replenishmentQuestion 15 of 205.0 PointsWhich statement is true regarding product development?A. It encompasses a company’s and a supply chain’s ability to stabilize the markets they serve.B. It encompasses a company’s and a supply chain’s ability to continue to evolve.C. It is strictly an engineering function.D. It encompasses a company’s ability to develop products, but has little to do with the supply chain.Question 16 of 205.0 PointsProducts that are made in advance in anticipation of sale are called:A. just-in-time.B. build-to-order.C. build-to-stock.D. build-to-demand.Question 17 of 205.0 PointsWhich of the following statements best describes build-to-order products?A. The way Dell assembles PCs and stores finished products in inventory until an order comes in.B. Batch products are built and stored for mass distribution.C. The way Dell assembles PCs to fit individual customer specifications.D. Products are engineered (designed) when customer orders are received.Question 18 of 205.0 PointsIn terms of collecting and using performance data, which of the following statements is true?A. Level 1 looks at diagnostic measures.B. Level 2 looks at operational data.C. Level 3 looks at diagnostic measures.D. Level 4 looks at tactical data.Question 19 of 205.0 PointsWhich statement is true regarding dashboards?A. They are exception reports for production.B. They are a one-page display of key indicators.C. They are good for historical data, but they neglect projected performance.D. They are one of many reports that are generated, but they add no value.Question 20 of 205.0 PointsOne cure for the bullwhip effect includes which of the following?A. Better sharing of dataB. Restrict data sharingC. Implement an EDI systemD. Dictate that suppliers implement an EDI system