About collaborative planning and forecasting

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1. Which of the following is NOT one of the important points to remember about collaborative planning, forecasting, and replenishment (CPFR)?

A. Any organization entering into a CPFR arrangement must expect to pay for the benefits received.

B. Sensitive information is not shared among partners, so proprietary information is not a factor in CPFR arrangements.

C. Ongoing management attention will be needed to maintain a long-term CPFR relationship with another organization.

D. All are important considerations for CPFR arrangements.

2. Which of the following statements is NOT correct?

A. Control limits represent the “voice of the process.”

B. The average of the measurement data collected is the same as the center line.

C. Six sigma equates to 99.74% of output within the control limits.

D. A normal distribution of a process under control will include a very small amount outside the control limits.

Reference no: EM131744147

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