Unit4:tech

Question 1

What is the first stage in the supply chain maturity model?

Answer 1

Descriptive

Question 2

True or False: The predictive stage focuses on historical data analysis.

Answer 2

True

Question 3

Fill in the blank: The _____ stage involves using data to optimize supply chain decisions.

Answer 3

Prescriptive

Question 4

What is the main focus of the cognitive stage in the supply chain maturity model?

Answer 4

Automation and self-learning capabilities

Question 5

Which stage of the supply chain maturity model uses advanced analytics to predict future trends?

Answer 5

Predictive

Question 6

Multiple Choice: Which of the following is NOT a stage in the supply chain maturity model? A) Descriptive B) Predictive C) Reactive D) Prescriptive

Answer 6

C) Reactive

Question 7

What key concept differentiates the prescriptive stage from the predictive stage?

Answer 7

Prescriptive stage provides actionable recommendations based on predictions.

Question 8

True or False: The descriptive stage relies heavily on predictive analytics.

Answer 8

False

Question 9

What type of data is primarily utilized in the descriptive stage?

Answer 9

Historical data

Question 10

Fill in the blank: The _____ stage is characterized by the ability to simulate various supply chain scenarios.

Answer 10

Prescriptive

Question 11

Which stage is focused on continuous improvement through learning from data?

Answer 11

Cognitive

Question 12

Multiple Choice: In which stage do organizations begin to forecast demand? A) Descriptive B) Predictive C) Prescriptive D) Cognitive

Answer 12

B) Predictive

Question 13

What is a key benefit of reaching the cognitive stage in supply chain maturity?

Answer 13

Enhanced decision-making through AI and machine learning.

Question 14

True or False: The prescriptive stage is the final stage in the supply chain maturity model.

Answer 14

False

Question 15

What is the primary goal of the descriptive stage?

Answer 15

To understand past performance and current state.

Question 16

Fill in the blank: The _____ stage emphasizes the use of machine learning for better supply chain management.

Answer 16

Cognitive

Question 17

Which stage involves the use of predictive models to anticipate supply chain disruptions?

Answer 17

Predictive

Question 18

Multiple Choice: The main characteristic of the cognitive stage is: A) Historical analysis B) Predictive analytics C) Self-learning systems D) Manual processes

Answer 18

C) Self-learning systems

Question 19

What type of analytics is primarily used in the prescriptive stage?

Answer 19

Prescriptive analytics

Question 20

True or False: The maturity model stages are linear and cannot overlap.

Answer 20

False

Question 21

What is a common tool used in the predictive stage?

Answer 21

Forecasting software

Question 22

Fill in the blank: The _____ stage helps organizations to make data-driven decisions.

Answer 22

Prescriptive

Question 23

Which stage allows organizations to react to changes in supply chain dynamics?

Answer 23

Cognitive

Question 24

Multiple Choice: Which of the following stages is primarily concerned with data visualization? A) Descriptive B) Predictive C) Prescriptive D) Cognitive

Answer 24

A) Descriptive

Question 25

What is a critical aspect of the prescriptive stage?

Answer 25

Providing recommendations for optimal supply chain strategies.