Q45. What refers to the set of electronic tools used by world-class organizations to generate,
process, transfer, interpret and use information?

Q46. A measure of velocity of total inventory movement through the organization, found by dividing annual sales by the average aggregate inventory value maintained during the year is called:

Q47. A horizontal bar chart used in project management that is commonly used to plot the planned and actual progress of project activities is known as:

Q48. Any material, component or product that is held for use at a later time is known as:

Q49. Who retain experts in global shipping to assist smaller organizations that do not have the necessary experience or expertise?

Q50. Seasonality can be forecast using a multiplicative model to create a seasonal index.

Q51. The adaptation which responds
to the needs
of the
organization by using a combination of functional, matrix and projectized structures is known as:

Q52. Services provided from third parties fall into which of the following area?

Q53. Which of the following are the three types of supplier audits?

Q54. The process which begins by understanding the product such as its value, its physical characteristics such as length, height, width, and weight and its fragility is called:

Q55. An appraisal process developed to measure and improve an organization’s critical core capabilities is called:

Q56. What is used to establish a relationship between the cost, schedule and technical aspects of a project?

Q57. A professional tool that organizations use to measure, investigate and control price and cost changes within their own organizations as:

Q58. Organizations less familiar with the discipline of project management usually begin by creating task forces or committees within each role to tackle problem, known as:

Q59. A physical stock checking system in which the inventory is divided into groups that are physically counted at predetermined intervals is called:

Q60. and are two
examples of organizations that operate in projectized structure environment.

Q61. A tool used
to develop
the technical
specifications necessary
to meet customer requirements is called:

Q62. A facility used
for
receiving, storing
and
organizational strategies is known as a:

Q63. That fact that minor changes in customer demand can become exaggerated as that demand is communicated up that supply chain is referred to as:

Q64. An intermediary who brings the buyer and the seller together is the:

Q65. Each forecast is weighted by a given decimal value, known as ,
which is the difference between the most recent actual demand and the forecast.

Q66. A set of systematic procedures to apply critical thinking to information, data and experience for the purpose of solving problems, making decisions, anticipating future problems and appraising situations is known as: