1. Which of the following is an inclusion in the Industry 4.0 application as per ICP DAS?
a. Manual data entry
b. Supply chain automation
c. Isolated machine operation
d. Traditional logistics
Answer: (b)
Justification: Please refer to Slide 3 of Lecture 1 of Week 5
2. Which technology does Caterpillar integrate with IoT for enhanced machine interaction?
a. Virtual Reality (VR)
b. Augmented Reality (AR)
c. Blockchain
d. Manual controls
Answer: (b)
Justification: Please refer to Slide 4 of Lecture 1 of Week 5
3. What is the objective of the Cisco & Fanuc smart factory initiative?
a. Maximize downtime in industrial facilities
b. Minimize downtime in industrial facilities
c. Increase manual operations
d. Decrease system efficiency
Answer: (b)
Justification: Please refer to Slide 7 of Lecture 1 of Week 5
4. Which of the following is NOT one of the building blocks of a business model?
a. Value Proposition
b. Market Segment
c. Employee Satisfaction
d. Revenue Generation and Margins
Answer: (c)
Justification: Please refer to Slide 3 of Lecture 2 of Week 5
5. Which of the following is NOT a type of customer segment?
a. Mass market
b. Niche market
c. Segmented market
d. Unsegmented market
Answer: (d)
Justification: Please refer to Slide 5 of Lecture 2 of Week 5
6. What is a characteristic of the Subscription Model in IoT business models?
a. One-time charge
b. Recurring revenue through regular subscription fees
c. High upfront cost
d. Limited customer interaction
Answer: (b)
Justification: Please refer to Slide 13 of Lecture 2 of Week 5
7. Which of the following is NOT a type of IIoT business model?
a. Cloud-based Business Model
b. Service-Oriented Business Model
c. Process-Oriented Business Model
d. Product-Based Business Model
Answer: (d)
Justification: Please refer to Slide 4 of Lecture 3 of Week 5
8. What is an SLA in the context of business transactions?
a. Service-level agreement
b. Socio legal amendment
c. Stop Loss Activation
d. Symmetrical Link Aggregation
Answer: (c)
Justification: Please refer to Page 109 of the book Introduction to Industrial Internet of Things
and Industry 4.0 by S Misra, C Roy, A Mukherjee by CRC Press
9. What does Infrastructure-as-a-Service (IaaS) provide?
a. Only software online in the cloud
b. Required hardware and software online in the cloud
c. Only data storage services
d. Manual computing resources
Answer: (b)
Justification: Please refer to Slide 6 of Lecture 3 of Week 5
10. Which business model aims at process optimization within a company and across company
borders?
a. Cloud-Based Business Model
b. Service-Oriented Business Model
c. Process-Oriented Business Model
d. Product-Based Business Model
Answer: (c)
Justification: Please refer to Slide 19 of Lecture 3 of Week 5
11. What type of KPI is input-oriented and hard to measure?
a. Leading KPI
b. Lagging KPI
c. Output KPI
d. Static KPI
Answer: (a)
Justification: Please refer to Slide 5 of Lecture 4 of Week 5
12.
Which of the following is a major focus and activity of Industrial Internet Consortium (IIC)
members?
a. Market analysis
b. Testbeds
c. Customer surveys
d. Manual data entry
Answer: (b)
Justification: Please refer to Slide 7 of Lecture 4 of Week 5
13. What does the Usage Viewpoint in IIRA relate to?
a. System requirements and key objectives
b. High-level specifications and fundamental capabilities
c. Key capabilities identified in the business viewpoint and activities coordinating
different units of work
d. Interfaces, protocols, and system characteristics
Answer: (c)
Justification: Please refer to Slide 10 of Lecture 5 of Week 5
14. What are the elements of an activity in the Usage Viewpoint of IIRA?
a. Role, Task, Workflow, Implementation Map
b. Trigger, Workflow, Constraints, Effects
c. Physical Systems, Control, Sense, Actuation
d. Vision, Values, Key Objectives, Fundamental Capabilities
Answer: (b)
Justification: Please refer to Slide 13 of Lecture 5 of Week 5
15.
Which viewpoint relates to the technical representation of an IIoT system, including
interfaces and protocols?
a. Business Viewpoint
b. Usage Viewpoint
c. Functional Viewpoint
d. Implementation Viewpoint
Answer: (d)
Justification: Please refer to Slide 23 of Lecture 5 of Week 5
