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NEW QUESTION 26
What happens to variability when independent processes are combined to form a largerprocess?

• A. variability of the total time is equal to the variability of the component with the
  smallestvariability
• B. variability of the total time equals the sum of the variability in all the component times
• C. variability of the total time is equal to the variability of the component with the largestvariability
• D. variability of individual processes cancel out each other, resulting in a small overallvariability

Answer: B

NEW QUESTION 27
Which of the following outcomes is an expected benefit of effectively implementing supply chain event management software?

• A. Communication protocols between companies are standardized.
• B. Files are transferred from one corporation to another.
• C. Inventory data are captured in real time.
• D. Notifications of variances from plans are triggered.

Answer: D

NEW QUESTION 28
Compared to a blanket purchase order, a supplier alliance agreement is best differentiated by:

• A. efficient material replenishment processes.
• B. a shared vision of added value.
• C. clearly identified roles for the buyer and seller.
• D. a sole-source agreement.

Answer: B

NEW QUESTION 29
A firm has captured the following information for a product family:

The cash-to-cash cycle time is how many days?

• A. 0
• B. 1
• C. 2
• D. 3

Answer: A

NEW QUESTION 30
All of the following are key supply chain management processes identified by the Global
Supply Chain Forum EXCEPT:

• A. Product Development and Commercialization
• B. Customer Relationship Management
• C. Information Systems Support
• D. Order Fulfillment

Answer: C

NEW QUESTION 31
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