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

Question 1

Ans ) planning integration

planning integration supports strategic decision-making by providing a comprehensive read of resources and commitments that ensure the alignment of monetary and capital resources with tutorial priorities.

QUESTION 2

and) high volume/low variety environments

variety and foreseeable environments.“Agility” is required in less foreseeable environments wherever the demand for variation is high.AGILE Variety/Variability LEAN Low Low High Volume per variant

Question 4

Ans ) the fashion industry

that would benefit from being Agile would be the fashion industry

Fast fashion as a business strategy aims to cut back the processes concerned within the shopping for cycle and lead times for obtaining new fashion product into stores, so as to satisfy client demand at its peak.Agility is a business-wide capability that embraces organizational structures, info systems, supplying processes and particularly, mindsets. Agile supply chains like the fast response, describe shorter, additional versatile, demand driven supply chains which will be represented as market sensitive, virtual and supported method integration and networking

QUESTION 5

ans) Volume

Is the ability of a producing system to be operated fruitfully at totally different overall output levels, therefore permitting the plant to regulate production within a wide range

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