What Is a Supply Chain Execution System

question 51

Multiple Choice

What is a supply chain execution system?

• A)views all areas up and down the supply chain in real time
• B)uses advanced mathematical algorithms to improve the flow and efficiency of the supply chain while reducing inventory
• C)ensures supply chain cohesion by automating the different activities of the supply chain
• D)occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain

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Definitions:

One-sample Chi-square Test

A statistical test used to compare the observed distribution of data with an expected distribution to test the goodness of fit.

Medians

The middle value in a data set, which divides the set into two equal halves.

Mann-Whitney U

A nonparametric test used to compare differences between two independent samples.

Wilcoxon Rank Test

A non-parametric statistical test used to compare two related samples to determine if their population means ranks differ.