Question 1

Discuss the impact of promotion on demand within a supply chain.

Accepted Answer

Companies want to explore if and when to

Question 2

The capacity management approach where a firm has production lines whose production rate can easily be varied to match demand is

Accepted Answer

A)  time flexibility from workforce. 
B)  the use of seasonal workforce. 
C)  the use of subcontracting. 
D)  designing product flexibility into the production processes. 
A)  time flexibility from workforce. 
B)  the use of seasonal workforce. 
C)  the use of subcontracting. 
D)  designing product flexibility into the production processes.

Question 3

The advantage of carrying enough manufacturing capacity to meet demand in any period is very low inventory costs, because no inventory needs to be carried from period to period.

Accepted Answer

A) True 
 B)False

Question 4

A firm can vary supply of product by controlling

Accepted Answer

A)  inventory. 
B)  pricing. 
C)  demand. 
D)  revenue. 
A)  inventory. 
B)  pricing. 
C)  demand. 
D)  revenue.

Question 5

Which approach to capacity management may be hard to sustain if the labor market is tight?

Accepted Answer

A)  Time flexibility from workforce 
B)  Use of seasonal workforce 
C)  Use of subcontracting 
D)  Use of dual facilities-dedicated and flexible 
A)  Time flexibility from workforce 
B)  Use of seasonal workforce 
C)  Use of subcontracting 
D)  Use of dual facilities-dedicated and flexible

Question 6

The disadvantage of building up inventory during the off season to keep production stable year round is the expensive capacity that would go unused during most months when demand was lower.

Accepted Answer

A) True 
 B)False

Question 7

The advantage of building up inventory during the off season to meet demand during peak seasons and keep production stable year round is

Accepted Answer

A)  very low inventory costs because no inventory needs to be carried from period to period. 
B)  much of the expensive capacity would go unused during most months when demand was lower. 
C)  in the fact that a firm could get by with a smaller, less expensive factory. 
D)  in the fact that a firm could get by with a larger, more expensive factory. 
A)  very low inventory costs because no inventory needs to be carried from period to period. 
B)  much of the expensive capacity would go unused during most months when demand was lower. 
C)  in the fact that a firm could get by with a smaller, less expensive factory. 
D)  in the fact that a firm could get by with a larger, more expensive factory.

Question 8

Discuss the importance of collaboration within a supply chain when performing aggregate planning.

Accepted Answer

Supply chains can influence demand by us

Question 9

Which approach to capacity management would only be effective if the overall demand across all the products is relatively constant?

Accepted Answer

A)  Use of seasonal workforce 
B)  Use of subcontracting 
C)  Use of dual facilities-dedicated and flexible 
D)  Designing product flexibility into the production processes 
A)  Use of seasonal workforce 
B)  Use of subcontracting 
C)  Use of dual facilities-dedicated and flexible 
D)  Designing product flexibility into the production processes

Question 10

In general, as the fraction of increased demand coming from forward buying grows, offering the promotion during the peak demand period becomes

Accepted Answer

A)  less attractive. 
B)  more attractive. 
C)  more profitable. 
D)  less significant. 
A)  less attractive. 
B)  more attractive. 
C)  more profitable. 
D)  less significant.

Question 11

Discuss how a firm can respond to predictable variability of demand in the supply chain.

Accepted Answer

Faced with predictable variability, a co

Question 12

Determining how profits will be allocated to different members of the supply chain is a key to successful collaboration.

Accepted Answer

A) True 
 B)False

Question 13

As forward buying becomes a smaller fraction of the demand increase from a promotion, it is less profitable to promote during the peak period.

Accepted Answer

A) True 
 B)False

Question 14

The pricing and promotion decisions are often made by

Accepted Answer

A)  marketing and sales. 
B)  marketing and operations. 
C)  operations and sales. 
D)  marketing, operations, and sales. 
A)  marketing and sales. 
B)  marketing and operations. 
C)  operations and sales. 
D)  marketing, operations, and sales.

Question 15

In this approach to managing capacity, a firm uses flexible work hours by the workforce to manage capacity to better meet demand.

Accepted Answer

A)  Time flexibility from workforce 
B)  Use of seasonal workforce 
C)  Use of subcontracting 
D)  Use of dual facilities-specialized and flexible 
A)  Time flexibility from workforce 
B)  Use of seasonal workforce 
C)  Use of subcontracting 
D)  Use of dual facilities-specialized and flexible

Question 16

The disadvantage of building up inventory during the off season to meet demand during peak seasons and keep production stable year round is

Accepted Answer

A)  very low inventory costs because no inventory needs to be carried from period to period. 
B)  very high inventory costs because inventory needs to be carried from period to period. 
C)  in the fact that a firm could get by with a smaller, less expensive factory. 
D)  in the fact that a firm could get by with a larger, more expensive factory. 
A)  very low inventory costs because no inventory needs to be carried from period to period. 
B)  very high inventory costs because inventory needs to be carried from period to period. 
C)  in the fact that a firm could get by with a smaller, less expensive factory. 
D)  in the fact that a firm could get by with a larger, more expensive factory.

Question 17

Promoting during a peak demand month may decrease overall profitability if

Accepted Answer

A)  a small fraction of the demand increase results from a forward buy. 
B)  any of the demand increase results from a forward buy. 
C)  a significant fraction of the demand increase results from a forward buy. 
D)  none of the above 
A)  a small fraction of the demand increase results from a forward buy. 
B)  any of the demand increase results from a forward buy. 
C)  a significant fraction of the demand increase results from a forward buy. 
D)  none of the above

Question 18

Which approach to capacity management would use production machinery that can be changed easily from producing one product to another?

Accepted Answer

A)  Time flexibility from workforce 
B)  Use of subcontracting 
C)  Use of dual facilities-dedicated and flexible 
D)  Designing product flexibility into the production processes 
A)  Time flexibility from workforce 
B)  Use of subcontracting 
C)  Use of dual facilities-dedicated and flexible 
D)  Designing product flexibility into the production processes

Question 19

Which factor favors promotion during low-demand periods?

Accepted Answer

A)  High forward buying 
B)  High ability to steal market share 
C)  High ability to increase overall market 
D)  High margin 
A)  High forward buying 
B)  High ability to steal market share 
C)  High ability to increase overall market 
D)  High margin

Question 20

The disadvantage of maintaining enough manufacturing capacity to meet demand in any period is

Accepted Answer

A)  much of the expensive capacity would go unused during most months when demand was lower. 
B)  the expensive capacity would be used consistently throughout the year. 
C)  most of the expensive capacity would still be used during most months when demand was lower. 
D)  very low inventory costs because no inventory needs to be carried from period to period. 
A)  much of the expensive capacity would go unused during most months when demand was lower. 
B)  the expensive capacity would be used consistently throughout the year. 
C)  most of the expensive capacity would still be used during most months when demand was lower. 
D)  very low inventory costs because no inventory needs to be carried from period to period.

Discuss the impact of promotion on demand within a supply chain.

The capacity management approach where a firm has production lines whose production rate can easily be varied to match demand is

The advantage of carrying enough manufacturing capacity to meet demand in any period is very low inventory costs, because no inventory needs to be carried from period to period.

A firm can vary supply of product by controlling

Which approach to capacity management may be hard to sustain if the labor market is tight?

The disadvantage of building up inventory during the off season to keep production stable year round is the expensive capacity that would go unused during most months when demand was lower.

The advantage of building up inventory during the off season to meet demand during peak seasons and keep production stable year round is

Discuss the importance of collaboration within a supply chain when performing aggregate planning.

Which approach to capacity management would only be effective if the overall demand across all the products is relatively constant?

In general, as the fraction of increased demand coming from forward buying grows, offering the promotion during the peak demand period becomes

Discuss how a firm can respond to predictable variability of demand in the supply chain.

Determining how profits will be allocated to different members of the supply chain is a key to successful collaboration.

As forward buying becomes a smaller fraction of the demand increase from a promotion, it is less profitable to promote during the peak period.

The pricing and promotion decisions are often made by

In this approach to managing capacity, a firm uses flexible work hours by the workforce to manage capacity to better meet demand.

The disadvantage of building up inventory during the off season to meet demand during peak seasons and keep production stable year round is

Promoting during a peak demand month may decrease overall profitability if

Which approach to capacity management would use production machinery that can be changed easily from producing one product to another?

Which factor favors promotion during low-demand periods?

The disadvantage of maintaining enough manufacturing capacity to meet demand in any period is

Understanding the Supply Chain

Supply Chain Performance: Achieving Strategic Fit and Scope

Supply Chain Drivers and Metrics

Designing Distribution Networks and Applications to e-Business

Network Design in the Supply Chain

Designing Global Supply Chain Networks

Demand Forecasting in a Supply Chain

Aggregate Planning in a Supply Chain

Coordination in a Supply Chain

Managing Economies of Scale in the Supply Chain: Cycle Inventory

Managing Uncertainty in a Supply Chain: Safety Inventory

Determining the Optimal Level of Product Availability

Transportation in a Supply Chain

Sourcing Decisions in a Supply Chain

Pricing and Revenue Management in a Supply Chain

Sustainability and the Supply Chain

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Exam 9: Sales and Operations Planning: Planning Supply and Demand in a Supply Chain

Discuss the impact of promotion on demand within a supply chain.

The capacity management approach where a firm has production lines whose production rate can easily be varied to match demand is

The advantage of carrying enough manufacturing capacity to meet demand in any period is very low inventory costs, because no inventory needs to be carried from period to period.

A firm can vary supply of product by controlling

Which approach to capacity management may be hard to sustain if the labor market is tight?

The disadvantage of building up inventory during the off season to keep production stable year round is the expensive capacity that would go unused during most months when demand was lower.

The advantage of building up inventory during the off season to meet demand during peak seasons and keep production stable year round is

Discuss the importance of collaboration within a supply chain when performing aggregate planning.

Which approach to capacity management would only be effective if the overall demand across all the products is relatively constant?

In general, as the fraction of increased demand coming from forward buying grows, offering the promotion during the peak demand period becomes

Discuss how a firm can respond to predictable variability of demand in the supply chain.

Determining how profits will be allocated to different members of the supply chain is a key to successful collaboration.

As forward buying becomes a smaller fraction of the demand increase from a promotion, it is less profitable to promote during the peak period.

The pricing and promotion decisions are often made by

In this approach to managing capacity, a firm uses flexible work hours by the workforce to manage capacity to better meet demand.

The disadvantage of building up inventory during the off season to meet demand during peak seasons and keep production stable year round is

Promoting during a peak demand month may decrease overall profitability if

Which approach to capacity management would use production machinery that can be changed easily from producing one product to another?

Which factor favors promotion during low-demand periods?

The disadvantage of maintaining enough manufacturing capacity to meet demand in any period is

Understanding the Supply Chain

Supply Chain Performance: Achieving Strategic Fit and Scope

Supply Chain Drivers and Metrics

Designing Distribution Networks and Applications to e-Business

Network Design in the Supply Chain

Designing Global Supply Chain Networks

Demand Forecasting in a Supply Chain

Aggregate Planning in a Supply Chain

Coordination in a Supply Chain

Managing Economies of Scale in the Supply Chain: Cycle Inventory

Managing Uncertainty in a Supply Chain: Safety Inventory

Determining the Optimal Level of Product Availability

Transportation in a Supply Chain

Sourcing Decisions in a Supply Chain

Pricing and Revenue Management in a Supply Chain

Sustainability and the Supply Chain

Filters