Scmt exam 2 Study guides, Class notes & Summaries

Which supply chain strategy is needed in less predictable environments? - Agile Which type of flexibility refers to the ability to scale output up and down without significant penalty? - Volume Flexibility The increasing volatility shown by the Supply Chain Volatility index indicates which strategy will become increasingly important? - Agile Which is a key outcome of a lean strategy? - Reduced waste Which supply chain strategy works best in high volume, low variety and predictable en...

In the past two years, what percentage of all recorded data has been recorded? - Correct Answer 90% The number of devices connected to the internet is how many times greater than one year ago? - Correct Answer 200 times Customer sentiment is what type of data? - Correct Answer structured As products move through their lifecylces more quickly, which type of flexibility becomes more important? - Correct Answer new product The ability to vary production dramatically is - Correct Answer ...

In the past two years, what percentage of all recorded data has been recorded? - Correct Answer 90% The number of devices connected to the internet is how many times greater than one year ago? - Correct Answer 200 times Customer sentiment is what type of data? - Correct Answer structured As products move through their lifecylces more quickly, which type of flexibility becomes more important? - Correct Answer new product The ability to vary production dramatically is - Correct Answer ...