Question 1

___________ refers to the application of mathematical tools to large bodies of data in order to extract correlations and rules.

Accepted Answer

A) Fuzzy logic 
B) Factor analysis 
C) Data mining 
D) Linear regression 
A) Fuzzy logic 
B) Factor analysis 
C) Data mining 
D) Linear regression C

Question 2

In recent years,enterprise resource planning (ERP)vendors have begun to provide high-quality application-specific logistical capabilities.

Accepted Answer

A) True 
 B)False  True

Question 3

Big data refers to large amounts of near-real-time data collected through a variety of sources such as sensors and smart phones.

Accepted Answer

A) True 
 B)False  True

Question 4

Radio-frequency identification (RFID)is the most popular automatic identification system currently in use.

Accepted Answer

A) True 
 B)False

Question 5

What has emerged as the most popular application of on-demand logistics software (cloud computing)?

Accepted Answer

A) warehouse management systems (WMS) 
B) transportation management systems (TMS) 
C) inventory optimization 
D) collaborative forecasting 
A) warehouse management systems (WMS) 
B) transportation management systems (TMS) 
C) inventory optimization 
D) collaborative forecasting

Question 6

___________ help various stakeholders-employers,suppliers,customers-work together by interacting and sharing information in many different forms.

Accepted Answer

A) Decision support systems 
B) Communication systems 
C) Office automation systems 
D) Transaction processing systems 
A) Decision support systems 
B) Communication systems 
C) Office automation systems 
D) Transaction processing systems

Question 7

The Internet of things (IoT)is expected to drive value in the supply chain and logistics disciplines through enhanced customer interactions and ___________.

Accepted Answer

A) improved order management techniques 
B) faster transit times 
C) reduced warehousing requirements 
D) improvements in employee productivity 
A) improved order management techniques 
B) faster transit times 
C) reduced warehousing requirements 
D) improvements in employee productivity

Question 8

Software viruses are viewed as the most important information technology issue that companies face today.

Accepted Answer

A) True 
 B)False

Question 9

The effective and efficient use of information allows organizations to either reduce costs or improve customer satisfaction.

Accepted Answer

A) True 
 B)False

Question 10

Electronic procurement uses the Internet to make it easier,faster,and less expensive for an organization to purchase goods and services.

Accepted Answer

A) True 
 B)False

Question 11

Artificial intelligence refers to a computer-based discipline that leverages algorithms that can "learn" from data.

Accepted Answer

A) True 
 B)False

Question 12

A general rule of thumb is that the actual time to implement enterprise resource planning (ERP)systems may range from ___________ to ___________ times longer than the time specified by the ERP vendor.

Accepted Answer

A) 2;3 
B) 2;4 
C) 2;5 
D) 3;4 
A) 2;3 
B) 2;4 
C) 2;5 
D) 3;4

Question 13

Correlation analysis uses sophisticated quantitative techniques to find "hidden" patterns in large volumes of data.

Accepted Answer

A) True 
 B)False

Question 14

The primary advantage of simulation is that it enables a firm to test the feasibility of proposed changes at relatively little expense.

Accepted Answer

A) True 
 B)False

Question 15

One benefit to transportation management systems (TMS)is fewer stockouts.

Accepted Answer

A) True 
 B)False

Question 16

Cloud-based software allows for a great deal of customization.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following statements about enterprise resource planning (ERP)is false?

Accepted Answer

A) In recent years,ERP vendors have begun to provide high-quality application-specific logistic capabilities. 
B) ERP implementation costs can easily reach tens of millions of dollars. 
C) ERP's origins can be traced back to finance and manufacturing. 
D) ERP glitches often have a logistical component to them. 
A) In recent years,ERP vendors have begun to provide high-quality application-specific logistic capabilities. 
B) ERP implementation costs can easily reach tens of millions of dollars. 
C) ERP's origins can be traced back to finance and manufacturing. 
D) ERP glitches often have a logistical component to them.

Question 18

The origin of enterprise resource planning (ERP)systems can be traced back to finance and manufacturing.

Accepted Answer

A) True 
 B)False

Question 19

___________ provide effective ways to process organizational business data,to perform calculations,and to create documents.

Accepted Answer

A) Enterprise resource planning (ERP)systems 
B) Transaction processing systems 
C) Decision support systems 
D) Office automation systems 
A) Enterprise resource planning (ERP)systems 
B) Transaction processing systems 
C) Decision support systems 
D) Office automation systems

Question 20

Which of the following statements about radio-frequency identification (RFID)is false?

Accepted Answer

A) RFID only offers read capabilities. 
B) Walmart has been a major catalyst for RFID usage in logistics. 
C) RFID can store large quantities of data. 
D) RFID has helped to reduce the occurrence of inventory stockouts. 
A) RFID only offers read capabilities. 
B) Walmart has been a major catalyst for RFID usage in logistics. 
C) RFID can store large quantities of data. 
D) RFID has helped to reduce the occurrence of inventory stockouts.

___________ refers to the application of mathematical tools to large bodies of data in order to extract correlations and rules.

In recent years,enterprise resource planning (ERP)vendors have begun to provide high-quality application-specific logistical capabilities.

Big data refers to large amounts of near-real-time data collected through a variety of sources such as sensors and smart phones.

Radio-frequency identification (RFID)is the most popular automatic identification system currently in use.

What has emerged as the most popular application of on-demand logistics software (cloud computing)?

___________ help various stakeholders-employers,suppliers,customers-work together by interacting and sharing information in many different forms.

The Internet of things (IoT)is expected to drive value in the supply chain and logistics disciplines through enhanced customer interactions and ___________.

Software viruses are viewed as the most important information technology issue that companies face today.

The effective and efficient use of information allows organizations to either reduce costs or improve customer satisfaction.

Electronic procurement uses the Internet to make it easier,faster,and less expensive for an organization to purchase goods and services.

Artificial intelligence refers to a computer-based discipline that leverages algorithms that can "learn" from data.

A general rule of thumb is that the actual time to implement enterprise resource planning (ERP)systems may range from _ to _ times longer than the time specified by the ERP vendor.

Correlation analysis uses sophisticated quantitative techniques to find "hidden" patterns in large volumes of data.

The primary advantage of simulation is that it enables a firm to test the feasibility of proposed changes at relatively little expense.

One benefit to transportation management systems (TMS)is fewer stockouts.

Cloud-based software allows for a great deal of customization.

Which of the following statements about enterprise resource planning (ERP)is false?

The origin of enterprise resource planning (ERP)systems can be traced back to finance and manufacturing.

___________ provide effective ways to process organizational business data,to perform calculations,and to create documents.

Which of the following statements about radio-frequency identification (RFID)is false?

An Overview of Logistics

Strategic and Financial Logistics

Organizational and Mangerial Issues in Logistics

The Supply Chain Management Concept

Procurement

Demand Management,order Management

Inventory Management

Facility Location

Warehousing Management

Packaging and Materials Handling

Transportation

Transportation Management

International Logistics

Filters

Exam 2: Logistics and Information Technology

___________ refers to the application of mathematical tools to large bodies of data in order to extract correlations and rules.

In recent years,enterprise resource planning (ERP)vendors have begun to provide high-quality application-specific logistical capabilities.

Big data refers to large amounts of near-real-time data collected through a variety of sources such as sensors and smart phones.

Radio-frequency identification (RFID)is the most popular automatic identification system currently in use.

What has emerged as the most popular application of on-demand logistics software (cloud computing)?

___________ help various stakeholders-employers,suppliers,customers-work together by interacting and sharing information in many different forms.

The Internet of things (IoT)is expected to drive value in the supply chain and logistics disciplines through enhanced customer interactions and ___________.

Software viruses are viewed as the most important information technology issue that companies face today.

The effective and efficient use of information allows organizations to either reduce costs or improve customer satisfaction.

Electronic procurement uses the Internet to make it easier,faster,and less expensive for an organization to purchase goods and services.

Artificial intelligence refers to a computer-based discipline that leverages algorithms that can "learn" from data.

A general rule of thumb is that the actual time to implement enterprise resource planning (ERP)systems may range from ___________ to ___________ times longer than the time specified by the ERP vendor.

Correlation analysis uses sophisticated quantitative techniques to find "hidden" patterns in large volumes of data.

The primary advantage of simulation is that it enables a firm to test the feasibility of proposed changes at relatively little expense.

One benefit to transportation management systems (TMS)is fewer stockouts.

Cloud-based software allows for a great deal of customization.

Which of the following statements about enterprise resource planning (ERP)is false?

The origin of enterprise resource planning (ERP)systems can be traced back to finance and manufacturing.

___________ provide effective ways to process organizational business data,to perform calculations,and to create documents.

Which of the following statements about radio-frequency identification (RFID)is false?

An Overview of Logistics

Strategic and Financial Logistics

Organizational and Mangerial Issues in Logistics

The Supply Chain Management Concept

Procurement

Demand Management,order Management

Inventory Management

Facility Location

Warehousing Management

Packaging and Materials Handling

Transportation

Transportation Management

International Logistics

Filters

A general rule of thumb is that the actual time to implement enterprise resource planning (ERP)systems may range from _ to _ times longer than the time specified by the ERP vendor.