Questions and Verified Answers
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___________ gives people the power to create and modify new
environments to be more competitive, as well as communicate and check if
products will work, even virtually seeing beyond conventional boundaries. -
🧠 ANSWER ✔✔Electronics?
,Which of the following tenets supports agile supply management? - 🧠
ANSWER ✔✔Customer behavior can be driven by uncertainties which
result in ad hoc behavior that ripples up and down the supply chain.
Which operating environment appears to work best for agile supply chains?
- 🧠 ANSWER ✔✔Less predictable environment where demand for variety
and choice is high and volume is low as the dominant features.
____________ is a practical approach to managing supply networks and
developing flexible capabilities to satisfy the fast changing customer
demand. - 🧠 ANSWER ✔✔Agile supply chain
Which of the four key components in the agile supply chain framework uses
looser ties between suppliers and buyers with often short term contracts or
virtual relations as market forces bond the parties together and rely on
information systems with a high level of information disclosure between the
parties? - 🧠 ANSWER ✔✔Dynamic Networks
___________ is a lean supply principle based on the view that a process
should operate only when a customer signals a need for more materials
from that process. - 🧠 ANSWER ✔✔Just-in-time delivery
, Which lean process mapping tool is designed to visualize the value adding
and wastage from supplier to customer, including logistics, purchasing,
order fulfilling, and production processes? - 🧠 ANSWER ✔✔Value Stream
Mapping
________ is a comprehensive production management system focused on
increased efficiency through the reduction of waste and error, as well as
reduced carrying cost of inventories achieved by small batches. - 🧠
ANSWER ✔✔Lean manufacturing
Which of the following supply chain performance management cycle
activities is used to execute the business plan? - 🧠 ANSWER ✔✔*Not
(Performance Reporting)
___________ are dynamic innovators who can proactively identify growth
opportunities and manage risks associated to them. Advances in
technology and analytics are anticipated to make them more forward-
looking with strategic decisions so they can spend less time on reactive
problem-solving. - 🧠 ANSWER ✔✔Intrapreneurs
_________ is used to keep stock or inventory to a minimum by calculating
number of parts through a weight and multiplex sensor system which
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