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Questions and Answers
What is the purpose of Forecasting Techniques in the context of Supply Chain Management?
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?
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?
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?
In the context of Supply Chain Management, what does TPM stand for?
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What does HSE refer to in the scope of Supply Chain Management?
What does HSE refer to in the scope of Supply Chain Management?
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