Question

4. Current issues in OSCM do not include:

a. Coordinating relationships between organizations

b. Making senior management aware that OSCM can be a competitive weapon

c. Managing customer touch points

d. Increasing global supply chain employment

6. Which of the following is not a way that operations and supply processes are categorized?

1. A. Planning

B. Returning

C. Delivering

d. Selecting

E. Making

7. One of the "package of features" that make up a service is:

a. Appearance

b. Facilitating goods

c. Packaging

D. Cost

E. Implied use

35. If the best operating level of a piece of equipment is at a rate of 400 units per hour and the actual output during an hour is 300 units, which of the following is the capacity cushion?

a. 25 percent

b. 100 units per hour

C. 75 percent

D. 125 percent

E. 133 percent

55. If you were selecting from a variety of forecasting models based on MAD, which of the following MAD values from the same data would reflect the most accurate model?

a. 0.2

B. 0.8

C. 1.0

D. 10.0

E. 100.0

56. A company has calculated its running sum of forecast errors to be 500 and its mean absolute deviation is exactly

a. Cannot be calculated based on this information

b. About 14.3

C. More than 35

D. Exactly 35

E. About 0.07

Answer 1

4. The correct option is d. Increasing global supply chain employment as increasing global supply chain employment is a benefit of OSCM.

6. The correct option is d. Selecting as Operations and supply chain processes can be conveniently categorized as planning, sourcing, making, delivering, and returning

7. The correct option is b. Facilitating goods

35. The correct option is c. 75% ( 300 divided by 400 = 0.75 or 75%)

55. The correct option is. 0.2 as lower the MAD higher the accuracy

56. The correct option is. Cannot be calculated on