UTK BUAD 331 Final Exam Latest Update 2025-
2026 330 Questions and 100% Verified Correct
Answers Guaranteed A+
______ + ______ = Rate bargaining power when negotiating rates.
A. Volume + Consistency
B. Technology + Consistency
C. Rates + Consistency
D. Volume + Good Relationships
E. Volume + Value Density - CORRECT ANSWER: A. Volume + Consistency
______ added time is the percent of total cycle time that a product or service may
spend waiting to have form, time, or place value added to it.
A. Late shipment
B. Product cycle
C. Non-value
D. Value - CORRECT ANSWER: C. Non-value
________ is the product placement concept that involves assigning SKUs to an
appropriate storage or picking location by accounting for factors that influence the
movement, staging, and storage of the SKU in the warehouse including volume and the
variability of that volume.
A. Product profiling
B. Cross-docking
C. Variability handling
D. Product placement - CORRECT ANSWER: A. Product profiling
,_________ is part of the supply chain involved in managing the forward and reverse
flow and storage of goods, services, and related information between the point of origin
and the point of consumption to meet customers' requirements.
A. Procurement
B. Logistics
C. Transportation
D. Negotiation - CORRECT ANSWER: B. Logistics
___________ represents the most ubiquitous and traditional form of inter-organizational
communication systems.
A. API
B. EDI
C. SRM
D. CRM - CORRECT ANSWER: B. EDI
___________ risks are more about behaviors or perceptions of individuals that can
negatively impact the IT solution in question.
A. Financial
B. Integration
C. Social
D. Technical - CORRECT ANSWER: C. Social
____________ the chain facilitates better strategic alignment between supply chain
operations.
A. Breaking
B. Sharing
C. Bending
D. Spreading - CORRECT ANSWER: C. Bending
,_____________ is the IT adoption approach that is most likely to result in a more rigid
IT infrastructure.
A. Best-of-breed
B. Best-of-suite
C. Single vendor solution
D. None of the above - CORRECT ANSWER: B. Best-of-suite
_______________ is the physical integration of disparate systems among supply chain
ecosystem members to exchange information in a timely and qualitative manner.
A. Business-to-business integration
B. Business-to-customer integration
C. Customer-to-business integration
D. Customer-to-customer integration - CORRECT ANSWER: A. Business-to-business
integration
_________________ is an architectural philosophy that can facilitate organizations use
of reusable services that enable more seamless and timely information exchange.
A. Cloud-based architecture
B. Enterprise architecture
C. Information architecture
D. Service-oriented architecture - CORRECT ANSWER: D. Service-oriented
architecture
_________________, defined by machines that are connected to each other so that
they can exchange data in real time, is driving information visibility.
A. Cognition
B. ERP
C. Unstructured data
D. Internet of Things - CORRECT ANSWER: D. Internet of Things
, 2025, firms will increasingly partner with key customers to co-create ___________ form,
time, and place elements, utilizing advancements in information exchange to customize
specific value bundles for customers based on what customers are willing to pay.
A. value-added
B. exceptional
C. profitable
D. non-value-added - CORRECT ANSWER: A. value-added
A contract relationship that is at arms-length, focuses on commercial transactions, and
mitigates risk is consider a:
A. Planning contract.
B. Supplier contract.
C. Relational contract.
D. Transactional contract. - CORRECT ANSWER: D. Transactional contract.
A current best practice strategy that focuses on equipment maintenance is:
A. RtT
B. TPM
C. Lean
D. PtD
E. Six Sigma - CORRECT ANSWER: B. TPM
A dollar saved in material costs goes directly to an increase in revenue for the
organization.
A. True
B. False - CORRECT ANSWER: B. False
2026 330 Questions and 100% Verified Correct
Answers Guaranteed A+
______ + ______ = Rate bargaining power when negotiating rates.
A. Volume + Consistency
B. Technology + Consistency
C. Rates + Consistency
D. Volume + Good Relationships
E. Volume + Value Density - CORRECT ANSWER: A. Volume + Consistency
______ added time is the percent of total cycle time that a product or service may
spend waiting to have form, time, or place value added to it.
A. Late shipment
B. Product cycle
C. Non-value
D. Value - CORRECT ANSWER: C. Non-value
________ is the product placement concept that involves assigning SKUs to an
appropriate storage or picking location by accounting for factors that influence the
movement, staging, and storage of the SKU in the warehouse including volume and the
variability of that volume.
A. Product profiling
B. Cross-docking
C. Variability handling
D. Product placement - CORRECT ANSWER: A. Product profiling
,_________ is part of the supply chain involved in managing the forward and reverse
flow and storage of goods, services, and related information between the point of origin
and the point of consumption to meet customers' requirements.
A. Procurement
B. Logistics
C. Transportation
D. Negotiation - CORRECT ANSWER: B. Logistics
___________ represents the most ubiquitous and traditional form of inter-organizational
communication systems.
A. API
B. EDI
C. SRM
D. CRM - CORRECT ANSWER: B. EDI
___________ risks are more about behaviors or perceptions of individuals that can
negatively impact the IT solution in question.
A. Financial
B. Integration
C. Social
D. Technical - CORRECT ANSWER: C. Social
____________ the chain facilitates better strategic alignment between supply chain
operations.
A. Breaking
B. Sharing
C. Bending
D. Spreading - CORRECT ANSWER: C. Bending
,_____________ is the IT adoption approach that is most likely to result in a more rigid
IT infrastructure.
A. Best-of-breed
B. Best-of-suite
C. Single vendor solution
D. None of the above - CORRECT ANSWER: B. Best-of-suite
_______________ is the physical integration of disparate systems among supply chain
ecosystem members to exchange information in a timely and qualitative manner.
A. Business-to-business integration
B. Business-to-customer integration
C. Customer-to-business integration
D. Customer-to-customer integration - CORRECT ANSWER: A. Business-to-business
integration
_________________ is an architectural philosophy that can facilitate organizations use
of reusable services that enable more seamless and timely information exchange.
A. Cloud-based architecture
B. Enterprise architecture
C. Information architecture
D. Service-oriented architecture - CORRECT ANSWER: D. Service-oriented
architecture
_________________, defined by machines that are connected to each other so that
they can exchange data in real time, is driving information visibility.
A. Cognition
B. ERP
C. Unstructured data
D. Internet of Things - CORRECT ANSWER: D. Internet of Things
, 2025, firms will increasingly partner with key customers to co-create ___________ form,
time, and place elements, utilizing advancements in information exchange to customize
specific value bundles for customers based on what customers are willing to pay.
A. value-added
B. exceptional
C. profitable
D. non-value-added - CORRECT ANSWER: A. value-added
A contract relationship that is at arms-length, focuses on commercial transactions, and
mitigates risk is consider a:
A. Planning contract.
B. Supplier contract.
C. Relational contract.
D. Transactional contract. - CORRECT ANSWER: D. Transactional contract.
A current best practice strategy that focuses on equipment maintenance is:
A. RtT
B. TPM
C. Lean
D. PtD
E. Six Sigma - CORRECT ANSWER: B. TPM
A dollar saved in material costs goes directly to an increase in revenue for the
organization.
A. True
B. False - CORRECT ANSWER: B. False
