SC Management ITLI SC Diploma Session 1 & 2 Quiz
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Questions and Answers

What is the purpose of Forecasting Techniques in the context of Supply Chain Management?

  • To determine the company's strategy
  • To analyze product life cycles
  • To identify external factors affecting consumer behavior
  • To predict future demand or supply (correct)

    • Which forecasting technique involves giving more weight to recent data points?

  • Exponential Smoothing (correct)
  • Weighted Moving Average
  • Time Series Average of previous time horizon
  • Simple Moving Average

    • What is one of the responsibilities of a Supply Chain Manager related to Process Types?

  • Designing the layout of production processes (correct)
  • Conducting market analysis
  • Identifying external factors influencing consumer behavior
  • Analyzing product life cycles

    • In the context of Supply Chain Management, what does TPM stand for?

    <p>Total Productive Maintenance</p> Signup and view all the answers

    What does HSE refer to in the scope of Supply Chain Management?

    <p>Health &amp; Safety Evaluation</p> Signup and view all the answers

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