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omis 340 exam 1 Question and answers rated A+ omis 340 exam 1 a company can have multiple Supply Chains? T/F - correct answer True What is SCOR Model? - correct answer Supply Chain Operations Refrence SCOR model can be utilized to ensure a high level of supply chain integration? T/F...

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  • November 5, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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omis 340 exam 1
a company can have multiple Supply Chains?
T/F - correct answer ✔True


What is SCOR Model? - correct answer ✔Supply Chain Operations Refrence


SCOR model can be utilized to ensure a high level of supply chain
integration?
T/F - correct answer ✔TRUE


Supply chain integration is the effective coordination of supply chain
processes through the seamless flow of info to suppliers, but not to
customers, such as distributors and retailers?
T/F - correct answer ✔FALSE


The master production schedule (MPS) is the part of the material req planning
that specifies when components must be ordered/assembled?
T/F - correct answer ✔FALSE


If customer order request exceeds the ATP quantity of the current week, the
customer must be given a later delivery?
T/F - correct answer ✔TRUE


VMI, usually coupled with CPFR, allows a customer company to manage the
inventories of its supplier's distribution centers?
T/F - correct answer ✔FALSE

, Safety inventory is built up in anticipation of predictable increases in demand
T/F - correct answer ✔FALSE


When the inventory turnover for a company increases, its weeks of supply
value increases as well
T/F - correct answer ✔FALSE


A strategic view dashboard shows the status of daily operations in each area
of the company so that identifying the issues which need immediate attention
becomes easy?
T/F - correct answer ✔FALSE


First production run is scheduled for production run is scheduled for the
product with the highest R-Value
T/F - correct answer ✔FALSE


Types of Inventory - correct answer ✔Cycle: satisfy demand for the prod in
the period btwn purch of the prod
Safety: buffer against uncertainty
Seasonal: anticipated demand change


11.Which one is NOT the financial measures you can utilize in order to
estimate the internal efficiency performance of a supply chain?
a) R&D Expenditure
b) Working Capital
c) Net Income
d) Return on assets
e) Cost of goods sold - correct answer ✔R&D Expenditure

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