Free Practice Quiz Question List

1 Foundations of Supply Chain Analytics Online Quiz Questions

Use this free practice quiz with 20 questions to review 1 Foundations of Supply Chain Analytics, test your knowledge, and prepare for your next test or exam.

20 questions

True or false

1 point

True or false: A report describing supply chain performance is useful only if it is highly complex.

A
True
B
False

Choose one

1 point

A logistics team investigates whether late deliveries were concentrated on one supplier or one route. Which type of analytics is it using?

A
Descriptive analytics
B
Diagnostic analytics
C
Predictive analytics
D
Prescriptive analytics

Fill in the blank

1 point

A company standardizes product identifiers, supplier records, and agreed lead times so its purchase orders can be interpreted consistently. These records are .

Written response

1 point

A retailer compares inventory changes and recommends the one that best balances service and cost goals. What category of analytics is it applying?

True or false

1 point

True or false: A supply chain decision should consider trade-offs because improving one performance measure can make another worse.

A
True
B
False

Choose one

1 point

Two teams report different on-time delivery rates because they use different definitions of a completed delivery. What is the best way to make this KPI comparable?

A
Choose a short label and let each team interpret it locally.
B
Specify only the data source, because the formula and scope are implied.
C
Define its formula, units, time window, data source, and scope.
D
Change its definition whenever the reported result is unexpected.

Fill in the blank

1 point

Before comparing replenishment options, a team checks whether its records are complete and consistently defined and notes its assumptions. In the decision framework, the team is gathering and data.

Choose all

1 point

Select all statements that correctly classify the supply chain data described.

A
Available warehouse space is inventory and capacity data.
B
A supplier's agreed lead time is a shipment event record.
C
Daily shipment scans are time-series and event data.
D
An invoice amount is a customer master-data field.

Written response

1 point

A carrier provides a log of shipment events, each with a timestamp and event details. What data-structure category best describes this log?

Choose one

1 point

A planner first estimates next month's demand, then compares feasible replenishment plans to choose one that meets stated objectives. Which statement best describes the roles of forecasting and optimization?

A
Forecasting selects the best action, while optimization estimates future demand.
B
Forecasting estimates likely outcomes, while optimization can help select among alternatives.
C
Forecasting and optimization both guarantee the best result regardless of input quality.
D
Optimization replaces the need to state objectives and constraints.

Choose all

1 point

A team is setting up an evidence-based decision process for replenishment. Select all actions that fit the framework.

A
State who will make the choice and when it is needed.
B
Specify the desired outcome and constraints such as budget or storage space.
C
Choose the option that maximizes one KPI without considering constraints.
D
After acting, compare actual results with the baseline and target.

Choose one

1 point

A company wants to investigate why delivery times changed even though its internal shipment records show no clear cause. Which additional data source is an example of external data that could help explain the change?

A
Purchase orders
B
Production records
C
Warehouse labor availability
D
Weather conditions

Open ended

1 point

A retailer has frequent stockouts and wants to improve availability without allowing inventory costs to rise unacceptably. Describe a practical evidence-based process the retailer should use, from framing the decision through monitoring the result.

Choose one

1 point

A logistics team wants to know how many orders arrived late last month. Which type of analytics directly answers that question?

A
Descriptive
B
Diagnostic
C
Predictive
D
Prescriptive

Choose one

1 point

An analyst needs to interpret purchase orders consistently across suppliers. Which data category includes supplier records and agreed lead times that provide context for those transactions?

A
Transactional data
B
Master and reference data
C
Financial and external data
D
Inventory and capacity data

Written response

1 point

A team finds that deliveries were late and investigates whether the delays were concentrated on one route or supplier. What type of analytics is it using?

Choose one

1 point

A retailer is preparing to decide how much to replenish for next week. According to the evidence-based decision framework, what should the team do first?

A
Gather and validate the relevant data
B
Select a small set of KPIs
C
State the choice, decision-maker, and timing
D
Compare feasible actions against the objectives

Choose one

1 point

A retailer is comparing options to reduce product stockouts but wants to avoid holding excessive inventory. Which measurement approach best supports this decision?

A
Track product availability and inventory cost together
B
Track only the number of units held in stock
C
Maximize delivery speed without considering cost
D
Replace all measures with a single demand forecast

Written response

1 point

A company uses timestamped shipment scans to examine when deliveries were delayed. What category best describes these records?

True or false

1 point

A replenishment analyst finds a purchase order for 500 units but no receipt record. Can the analyst conclude from the purchase order alone that 500 units arrived?

A
True
B
False