QUESTION: 113

An organization is striving to improve the transfer of multiple levels of data about products and services to trading partners in the supply chain network.
Which of the following solutions is most appropriate?

Business analytics
Electronic commerce
Enterprise resources planning (ERP)
Advanced planning and scheduling (APS)

Answer(s): C

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QUESTION: 114

The process of continuous improvement can be defined best as a continuous effort to:

concurrently improve performance on several measures through incremental improvements.
eliminate root causes of waste through incremental improvements.
eliminate root causes of problems through radical changes.
reduce direct and indirect costs through incremental changes.

Answer(s): A

Reference:

https://www.apics.org/apics-for-individuals/apics-magazine-home/magazine-detail-page/2017/03/10/targeting-continuous-improvement-with-laser-focus

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QUESTION: 115

A retailer that imports furniture from several manufactures in low-wage countries wants to reduce variability in quality. The retailer has proposed merging with one of the manufacturers and giving it sole responsibility for one product family. The proposed merger is an example of:

parallel integration.
internal integration.
horizontal integration.
vertical integration.

Answer(s): D

Reference:

https://www.investopedia.com/ask/answers/051315/what-difference-between-horizontal-integration-and-vertical-integration.asp

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QUESTION: 116

Which of the following activities is forbidden in a free trade zone (FTZ)?

Cross-docking goods
Reconfiguring product
Re-exporting goods
Conducting retail trade

Answer(s): A

Reference:

https://www.adaptalift.com.au/blog/2011-12-23-what-is-cross-docking-understanding-the-concept-definition

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