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Exam 10: Supply Chain Management Strategy and Design

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Question 1

Multiple Choice

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All the following are approaches used in risk pooling within a supply chain except

A) reducing the number and variety of parts.
B) encouraging large orders.
C) combining inventories from multiple locations into one location.
D) None of these answer choices is correct.

E) C) and D)
F) A) and B)

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Question 2

Multiple Choice

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In general, it can be said of a modern supply chain that ________ information has the effect of ________ inventory.

A) increasing, decreasing
B) decreasing, increasing
C) increasing, increasing
D) decreasing, decreasing

E) All of the above
F) B) and C)

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A

Question 3

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The bullwhip effect occurs when slight to moderate demand variability becomes magnified as demand information is transmitted back upstream.

Companies resist establishing green supply chains for all the following reasons except that

Supply chain processes include

A demand-driven value chain is considered to be a global supply chain that is organized according to all the following overlapping areas of responsibility except

A company that produces specialized video equipment had cost of goods sold last year of $127,000,000. The average value of inventory for raw materials, work-in-process, and finished goods are shown in the table below: If the company operates 50 weeks per year, then the weeks of supply in inventory would be

Supply chain management focuses on integrating and managing the flow of

A company that produces printer cartridges had cost of goods sold last year of $629,462,423. The average value of inventory for raw materials, work-in-process, and finished goods are shown in the table below: If the company operates 50 weeks per year then the number of inventory turns would be

Who are the upstream and downstream supply chain members?

Collaborative planning, forecasting and replenishment (CFPR) is a process where the more influential member of the supply chain dictates schedules to ensure customer demand is satisfied.

A supply chain is sometimes referred to as a demand-driven value chain.

Increased uncertainty and variability in a supply chain typically results in

The fraction of orders filled by a distribution center or warehouse within a specific time period is referred to as the

A computer-to-computer exchange of business documents in a standard format is known as electronic data interchange (EDI).

The bullwhip effect can

Distributors, warehouses, and retailers are referred to as _____________ supply chain members.

_______________________ is not a perceived advantage of radio frequency identification (RFID) technology.

Companies address uncertainty in their supply chains by holding extra inventory.

Traditionally, each supply chain member was viewed as a separate, stand-alone entity focused on its own goals.