QUESTION 1 The capability that results from a set of interconnected systems and

Question

QUESTION 1

The capability that results from a set of interconnected systems and processes that facilitates thedecision-making process is known as

planning integration

information exchange integration

functional awareness

internal integration

QUESTION 2

Agile works best in

all markets

low volume/high variety environments

markets with low demand volatility

high volume/low variety environments

QUESTION 3

There are four different types of response flexibility. Which one represents how quickly and efficiently the supply chain can alter products and service features to the needs of particular customers?

Volume

New Product

Customization

Variety

QUESTION 4

An example of an industry that would benefit from being Agile would be

steel mills

the fashion industry

companies in industries that see low volatility in demand and a small variation in their product offerings.

the automotive industry

QUESTION 5

There are four different types of response flexibility. Which one represents how quickly the supply chain can change output levels without significant cost in time, effort, or performance?

Customization

Variety

Volume

New Product

planning integration

information exchange integration

functional awareness

internal integration

Explanation / Answer

1. The capability that results from a set of interconnected systems and processes that facilitates thedecision-making process is known as

functional awareness

Agile works best in

markets with low demand volatility

There are four different types of response flexibility. Which one represents how quickly and efficiently the supply chain can alter products and service features to the needs of particular customers?

Variety

An example of an industry that would benefit from being Agile would be

companies in industries that see low volatility in demand and a small variation in their product offerings.

There are four different types of response flexibility. Which one represents how quickly the supply chain can change output levels without significant cost in time, effort, or performance?

Customization

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