Product Design and Supply Chain Management

What aspect of product design involves the distribution of labor in the different stages of manufacturing?

• Process involve

• Right layout

• Resource allocation

• Standardization

Which of the following statements describe process design?

• It involves the analysis of cost and availability of raw materials and labor

• It involves a structured approach to ensure products are well-suited for production process.

• It requires an understanding of how work is done within the organization

• It requires the evaluation of potential liability and sustainability issues

What stage of product design deals with the requirement to come up with a model for scrutiny before the final production is initiated?

• Market test

• Product specification

• Prototype development

• Process specification

Which of the following scenarios under end-to-end performance tracking refers to the implementation of a dashboard as an efficient way to support the firm's sustainability and good governance practices?

• Supply chain inefficiencies

• Disruption-rich environment

• Complex supply chain

• Highly scrutinized industry

Which of the following choices given below describe the statements?

Statement 1: The prediction of future demand can help operations managers to make decisions on how to allocate resources. 

Statement 2: The use of dynamic data can support employees in their operational task and

there by reduce errors.

• Both statements are correct

• Both statements are incorrect

• First statement is correct, second statement is incorrect

• First statement is incorrect, second statement is correct

Which of the following contributions of supply chain management in shifting to a smart factory reiterate the significance of timely delivery, accurate order fulfillment and being responsive to customers?

• Cost reduction

• Increased competitiveness

• Enhanced quality

• Improved customer satisfaction

Which of the following statements is /are correct?

Statement 1: Demand prediction is significant in a situation where the high warehousing cost is high because of the processing of inventory orders.

Statement 2: The prediction of future demand can support a company-wide implementation of lean manufacturing approach.

Statement 3: Demand prediction can help in managing the complexity of products that are regionally different

• Statement I and statement 2

• Statement 1 and statement 3 are correct

• Statement 2 and statement 3 are correct

• Statement 1, statement 2, and statement 3 are correct

What area of supply chain management deals with the transformation process and quality control inspections of raw materials and finished products?

• Sourcing

• Manufacturing

• Distribution

• Returns

Which of the following software is used by operations managers to manage the important areas in their business operation such as supply chain, sales, and marketing?

• Manufacturing Execution System

• Enterprise Resource Planning

• Product Lifecycle Management

• Customer Relationship Management

This software solution integrates data to ensure efficient product development?

• Manufacturing Execution System

• Enterprise Resource Planning

• Product Lifecycle Management

• Big data