BUAD 331 FINAL EXAM 2026 WITH 100%
ACCURATE ANSWERS
1. What is the primary purpose of predictive analytics in supply chain management?
To manage supplier relationships.
To optimize transportation routes.
To analyze current inventory levels.
TO FORECAST FUTURE TRENDS AND BEHAVIORS BASED ON
HISTORICAL DATA.
2. What is the primary function of sensors and automatic identification in supply chain
management?
TO AUTOMATICALLY IDENTIFY, LOCATE, AND PROFILE SUPPLY
CHAIN OBJECTS AND TO CAPTURE AND COMMUNICATE
ASSOCIATED DATA AND INFORMATION ACROSS THE SUPPLY
CHAIN
To design and use computer-controlled machines for tasks
traditionally performed by humans
To extract information from data sets to predict future events
To manage and process data using remote internet servers
3. What is the effect of longer planning horizons on uncertainty in value fulfillment?
Remains consistent
INCREASES
Decreases
,Does not follow a pattern
,4. Anticipatory and lean systems work well for items that are __________________ _.
Commodities
Low-value
Standard
B&C
ALL OF THE ABOVE
5. Describe how longer planning horizons impact uncertainty in supply chain
management.
Longer planning horizons simplify the order cycle process.
Longer planning horizons have no effect on uncertainty in supply
chains.
Longer planning horizons reduce uncertainty by providing more
time for analysis.
LONGER PLANNING HORIZONS LEAD TO INCREASED
UNCERTAINTY IN SUPPLY CHAIN MANAGEMENT DUE TO THE
UNPREDICTABILITY OF FUTURE EVENTS.
6. Describe the concept of closed-loop supply chains and how they differ from traditional
supply chains.
Closed-loop supply chains are identical to traditional supply
chains.
Closed-loop supply chains only focus on new product creation
without recycling.
, CLOSED-LOOP SUPPLY CHAINS INVOLVE THE COLLECTION AND
RECYCLING OF USED ITEMS, CONTRASTING WITH TRADITIONAL
SUPPLY CHAINS THAT TYPICALLY FOCUS ON A LINEAR FLOW OF
MATERIALS.
Closed-loop supply chains prioritize speed over sustainability.
ACCURATE ANSWERS
1. What is the primary purpose of predictive analytics in supply chain management?
To manage supplier relationships.
To optimize transportation routes.
To analyze current inventory levels.
TO FORECAST FUTURE TRENDS AND BEHAVIORS BASED ON
HISTORICAL DATA.
2. What is the primary function of sensors and automatic identification in supply chain
management?
TO AUTOMATICALLY IDENTIFY, LOCATE, AND PROFILE SUPPLY
CHAIN OBJECTS AND TO CAPTURE AND COMMUNICATE
ASSOCIATED DATA AND INFORMATION ACROSS THE SUPPLY
CHAIN
To design and use computer-controlled machines for tasks
traditionally performed by humans
To extract information from data sets to predict future events
To manage and process data using remote internet servers
3. What is the effect of longer planning horizons on uncertainty in value fulfillment?
Remains consistent
INCREASES
Decreases
,Does not follow a pattern
,4. Anticipatory and lean systems work well for items that are __________________ _.
Commodities
Low-value
Standard
B&C
ALL OF THE ABOVE
5. Describe how longer planning horizons impact uncertainty in supply chain
management.
Longer planning horizons simplify the order cycle process.
Longer planning horizons have no effect on uncertainty in supply
chains.
Longer planning horizons reduce uncertainty by providing more
time for analysis.
LONGER PLANNING HORIZONS LEAD TO INCREASED
UNCERTAINTY IN SUPPLY CHAIN MANAGEMENT DUE TO THE
UNPREDICTABILITY OF FUTURE EVENTS.
6. Describe the concept of closed-loop supply chains and how they differ from traditional
supply chains.
Closed-loop supply chains are identical to traditional supply
chains.
Closed-loop supply chains only focus on new product creation
without recycling.
, CLOSED-LOOP SUPPLY CHAINS INVOLVE THE COLLECTION AND
RECYCLING OF USED ITEMS, CONTRASTING WITH TRADITIONAL
SUPPLY CHAINS THAT TYPICALLY FOCUS ON A LINEAR FLOW OF
MATERIALS.
Closed-loop supply chains prioritize speed over sustainability.
