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NEW QUESTION 73
Forecasters also estimate bias by using a , which is a ratio of the running sum of forecast errors to the cumulative Mean Absolute Deviation (MAD).
- A. Tracking signal
- B. Key pointer
- C. Single period method
- D. Mean square error method
Answer: A
NEW QUESTION 74
A horizontal bar chart used in project management that is commonly used to plot the planned and actual progress of project activities is known as:
- A. Progression chart
- B. Gantt chart
- C. performance chart
- D. Agreement chart
Answer: B
NEW QUESTION 75
An increasing or decreasing patterns of demand over time is considered as a:
- A. Seasonality
- B. Analysis
- C. Cycle
- D. Trend
Answer: D
NEW QUESTION 76
The underlying assumption is that a forecast can be created based on which of the following patterns observed within the time series data?
- A. Vertical Seasonality, Trend and Cycle
- B. Vertical, Seasonality, Variation and Smoothing
- C. Horizontal, Averaging, Variation and Smoothing
- D. Horizontal, Seasonality, Trend and Cycle
Answer: D
NEW QUESTION 77
Contract statement of work is the output of which process group?
- A. Planning
- B. Monitoring
- C. Closing
- D. Organizing
Answer: A
NEW QUESTION 78
An appraisal process developed to measure and improve an organization's critical core capabilities is called:
- A. Acquisition Validation Model
- B. Supply Management Performance
- C. Capability Maturity Model
- D. Capability Maturity Model Integration
Answer: C
NEW QUESTION 79
According to the Chartered Institute of Transport and Logistics in the United Kingdom,
which of the following is NOT the type of warehouse layouts?
- A. Inverted U warehouse
- B. Inverted T warehouse
- C. Through-flow warehouse
- D. Cross-flow warehouse
Answer: A
NEW QUESTION 80
The process of accessing progress toward achieving predetermined goals is called:
- A. Support center
- B. Efficiency evaluation
- C. Professional development
- D. Performance measurement
Answer: D
NEW QUESTION 81
Who retain experts in global shipping to assist smaller organizations that do not have the necessary experience or expertise?
- A. Global trade fleet
- B. Global shipping and inspections
- C. Foreign freight forwarders
- D. Global third parties
Answer: C
NEW QUESTION 82
Which of the following essentially translate an organization's business plan into an operation plan?
- A. Staffing plan
- B. Services resources
- C. Requirement plan
- D. Capital investment plan
Answer: A
NEW QUESTION 83
The process of developing information systems through investigation, analysis, design,
implementation and maintenance is known as_ .
Answer:
Explanation:
System Development Life Cycle
NEW QUESTION 84
A method of measuring an organization's activities in terms of its vision and strategies is the:
- A. Balanced scoreboard
- B. Business leaderships
- C. Correlated action process
- D. Hallucination process
Answer: A
NEW QUESTION 85
What is useful when organizations are forecasting the effects of economic trends on national or worldwide supply and demand?
- A. Customized pooling
- B. Microdata
- C. Macrodata
- D. Growing manufacturing
Answer: C
NEW QUESTION 86
The
demand forecast
for
all
products and services then is used to create a _, which breaks down all labor and material requirements, usually by quarter.
- A. aggregate plan
- B. Top-down strategy
- C. aggregate forecast
- D. scheduling forecast
Answer: A
NEW QUESTION 87
happens when one or more existing competitors realize an opportunity to improve their position or when they are responding to the pressure from other competitors
- A. Rivalry
- B. Business Conflict
- C. Antagonism
- D. Substitute bargaining
Answer: A
NEW QUESTION 88
A pick module is a type of mechanized system used to:
- A. to pick only bulk items
- B. to pick only single items
- C. to pick both bulk items and single items
- D. None of the above
Answer: C
NEW QUESTION 89
According to Jason Westland, author of Project management Life Cycle, a business case should NOT include which of the following?
- A. a description of the problem under consideration
- B. post-recommended solution
- C. options available to solve the problem
- D. benefits, costs, risks and feasibility for each available option
Answer: B
NEW QUESTION 90
A progressive approach to control inventory is called:
- A. Supplier-managed inventory
- B. Delays in production approach
- C. Depleted control approach
- D. Materials inventory
Answer: A
NEW QUESTION 91
What is used to obtain general information about products, services or suppliers and is information request, not binding on either the supplier or the purchaser?
- A. Procurement document
- B. Target market
- C. Solicitation document
- D. Qualified product description
Answer: C
NEW QUESTION 92
Terms where the seller is responsible for delivering the goods to a carrier named by the
buyer is the:
- A. Group F
- B. Group C
- C. Group E
- D. Group K
Answer: A
NEW QUESTION 93
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