EXAM 2

Question 1

Which of the following are 3 important in understanding big data

Answer 1

Location intelligence, AI, and machine learning

Question 2

________ of supply chain are useful particularly when dealing with complex interplay of assets and process

Answer 2

3D models

Question 3

Organizations at the median, only ____ of employees are tasked with at least one innovation goal.

Answer 3

5%

Question 4

As per the article organizations at the median currently design ____ of their product with a ‘design for supply chain’ philosophy.

Answer 4

20%

Question 5

Organizations can generate more and better ideas by increasing 2 (select all correct options)

Answer 5

internal collaboration and work with external partners

Question 6

Considering the bottling rate for Swiss Fill 1, along with increase in speed, what is the total bottling rate

Answer 6

2800 base with 10% increase would be 3080

Question 7

The sales price for Frespressie Orange is

Answer 7

$2.20

Question 8

To move towards circular supply chain, adopters need to develop circular mode of _______.

Answer 8

thinking

Question 9

According to article where environmental damage is discussed, how much plastic waste was produced last year (million tons)?

Answer 9

300

Question 10

By 2023, ___ of all supply chain forecasts will be automated through the use of artificial intelligence, improving accuracy by five percentage points.

Answer 10

50%

Question 11

By the end of 2022, half of all manufacturing supply chains will see the benefits of supply chain resiliency, resulting in a ___ reduction in disruption impact.

Answer 11

10%

Question 12

Article 11 (Supply Chain Risk Planning) suggest strategies that need to be reviewed: (select correct options)

Answer 12

source selection process; the management of supplier relationships; and whether supply management is considered a tactical or strategy function within an organization

Question 13

___ refers to an ecosystem of financial applications built on top of blockchain networks.

Answer 13

Decentralized finance

Question 14

The combination of a trusted, tamper-proof ___ along with ___ is sufficient to enable people to have trusted, portable digital identities.

Answer 14

distributed ledger

verified credentials

Question 15

By 2025, ___ of all direct procurement transactions will be based upon capacity
availability vs. units or volume

Answer 15

30%