Question 1

How does cooperation and trust improve performance in a supply chain partnership?

Accepted Answer

Cooperation and trust within the supply

Question 2

With an uncoordinated supply chain each stage tries to maximize its own profits,resulting in actions that often diminish total supply chain profits.

Accepted Answer

A) True 
 B)False

Question 3

The replenishment decision in a VMI system is owned by the

Accepted Answer

A) manufacturer. 
B) retailer. 
C) customer. 
D) cloud. 
A) manufacturer. 
B) retailer. 
C) customer. 
D) cloud.

Question 4

What is a disadvantage of vendor managed inventory?

Accepted Answer

One drawback of VMI arises because retai

Question 5

A manufacturer with significant market power should use

Accepted Answer

A) two-part tariffs and volume discounts to achieve coordination. 
B) lot-size-based quantity discounts to achieve coordination. 
C) forward-buying with retail coupons to achieve coordination. 
D) liquidators and reverse-buying to achieve coordination. 
A) two-part tariffs and volume discounts to achieve coordination. 
B) lot-size-based quantity discounts to achieve coordination. 
C) forward-buying with retail coupons to achieve coordination. 
D) liquidators and reverse-buying to achieve coordination.

Question 6

Supply chain coordination improves if all stages of the chain take actions that are aligned and together increase total supply chain surplus.

Accepted Answer

A) True 
 B)False

Question 7

In a continuous replenishment program,the wholesaler or manufacturer replenishes a retailer regularly based on

Accepted Answer

A) the POS data of the wholesaler. 
B) the forecast of the retailer. 
C) the POS data of the retailer. 
D) the forecast of the manufacturer. 
A) the POS data of the wholesaler. 
B) the forecast of the retailer. 
C) the POS data of the retailer. 
D) the forecast of the manufacturer.

Question 8

A reduction of lot sizes increases the amount of fluctuation that can accumulate between any pair of stages of a supply chain,thus increasing the bullwhip effect.

Accepted Answer

A) True 
 B)False

Question 9

A Computer Processing Factory Rationing (CPFR)system is used to assign inventory in a supply chain when supply is disrupted.

Accepted Answer

A) True 
 B)False

Question 10

As forecasts become firm,they are converted to

Accepted Answer

A) production plans. 
B) third stage forecasts. 
C) actual orders. 
D) forecast feedback. 
A) production plans. 
B) third stage forecasts. 
C) actual orders. 
D) forecast feedback.

Question 11

The lack of supply chain coordination on various measures of performance has costs associated with it.Which of the following is NOT one of these costs?

Accepted Answer

A) Inventory 
B) Reliability 
C) Transportation 
D) Quality 
A) Inventory 
B) Reliability 
C) Transportation 
D) Quality

Question 12

A CPFR used for ________ relies less on historical data and more on interpretation of industry trends,macroeconomics factors,and customer tastes.

Accepted Answer

A) seasonal goods 
B) commodities 
C) heavy equipment 
D) high tech products 
A) seasonal goods 
B) commodities 
C) heavy equipment 
D) high tech products

Question 13

One appropriate measure to reduce replenishment lead times is to

Accepted Answer

A) reduce flexibility. 
B) increase the planning horizon. 
C) order electronically. 
D) average the aggregate plans from each supply chain member. 
A) reduce flexibility. 
B) increase the planning horizon. 
C) order electronically. 
D) average the aggregate plans from each supply chain member.

Question 14

Which of these changes will serve to break order synchronization?

Accepted Answer

A) Have each customer order once a week on Mondays rather than the 1st and 15th of each month. 
B) Have each customer order on their date,with 20% of your customers ordering each day of the week. 
C) Have each customer order on Mondays or Fridays rather than Monday through Friday. 
D) Have each customer order on the last day of the month. 
A) Have each customer order once a week on Mondays rather than the 1st and 15th of each month. 
B) Have each customer order on their date,with 20% of your customers ordering each day of the week. 
C) Have each customer order on Mondays or Fridays rather than Monday through Friday. 
D) Have each customer order on the last day of the month.

Question 15

Lot size based quantity discounts reduce the bullwhip effect within the supply chain.

Accepted Answer

A) True 
 B)False

Question 16

A fundamental aspect of successful collaboration is

Accepted Answer

A) sharing product designs. 
B) identification and resolution of exceptions. 
C) no stock outs. 
D) a duplication of effort. 
A) sharing product designs. 
B) identification and resolution of exceptions. 
C) no stock outs. 
D) a duplication of effort.

Question 17

Situations where demand information is distorted as it moves between different stages of the supply chain,leading to increased variability in orders within the supply chain are referred to as

Accepted Answer

A) incentive obstacles. 
B) information processing obstacles. 
C) operational obstacles. 
D) behavioral obstacles. 
A) incentive obstacles. 
B) information processing obstacles. 
C) operational obstacles. 
D) behavioral obstacles.

Question 18

The most common form of collaboration observed in practice is

Accepted Answer

A) store replenishment. 
B) retail event. 
C) collaborative assortment. 
D) distribution center replenishment. 
A) store replenishment. 
B) retail event. 
C) collaborative assortment. 
D) distribution center replenishment.

Question 19

Actions taken in the course of placing and filling orders that lead to an increase in variability are referred to as

Accepted Answer

A) incentive obstacles. 
B) information processing obstacles. 
C) operational obstacles. 
D) pricing obstacles. 
A) incentive obstacles. 
B) information processing obstacles. 
C) operational obstacles. 
D) pricing obstacles.

Question 20

Behavioral obstacles are often related to the way the supply chain is structured and reduce the bullwhip effect.

Accepted Answer

A) True 
 B)False

How does cooperation and trust improve performance in a supply chain partnership?

With an uncoordinated supply chain each stage tries to maximize its own profits,resulting in actions that often diminish total supply chain profits.

The replenishment decision in a VMI system is owned by the

What is a disadvantage of vendor managed inventory?

A manufacturer with significant market power should use

Supply chain coordination improves if all stages of the chain take actions that are aligned and together increase total supply chain surplus.

In a continuous replenishment program,the wholesaler or manufacturer replenishes a retailer regularly based on

A reduction of lot sizes increases the amount of fluctuation that can accumulate between any pair of stages of a supply chain,thus increasing the bullwhip effect.

A Computer Processing Factory Rationing (CPFR)system is used to assign inventory in a supply chain when supply is disrupted.

As forecasts become firm,they are converted to

The lack of supply chain coordination on various measures of performance has costs associated with it.Which of the following is NOT one of these costs?

A CPFR used for ________ relies less on historical data and more on interpretation of industry trends,macroeconomics factors,and customer tastes.

One appropriate measure to reduce replenishment lead times is to

Which of these changes will serve to break order synchronization?

Lot size based quantity discounts reduce the bullwhip effect within the supply chain.

A fundamental aspect of successful collaboration is

Situations where demand information is distorted as it moves between different stages of the supply chain,leading to increased variability in orders within the supply chain are referred to as

The most common form of collaboration observed in practice is

Actions taken in the course of placing and filling orders that lead to an increase in variability are referred to as

Behavioral obstacles are often related to the way the supply chain is structured and reduce the bullwhip effect.

Understanding the Supply Chain

Achieving Strategic Fit in a Supply Chain

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

Sales and Operations Planning: Planning Supply and Demand

Managing Economies of Scale in a Supply Chain: Cycle Inventory

Managing Uncertainty in a Supply Chain: Safety Inventory

Linking Product Availability to Profits

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

Exam 10: Coordination in a Supply Chain

How does cooperation and trust improve performance in a supply chain partnership?

With an uncoordinated supply chain each stage tries to maximize its own profits,resulting in actions that often diminish total supply chain profits.

The replenishment decision in a VMI system is owned by the

What is a disadvantage of vendor managed inventory?

A manufacturer with significant market power should use

Supply chain coordination improves if all stages of the chain take actions that are aligned and together increase total supply chain surplus.

In a continuous replenishment program,the wholesaler or manufacturer replenishes a retailer regularly based on

A reduction of lot sizes increases the amount of fluctuation that can accumulate between any pair of stages of a supply chain,thus increasing the bullwhip effect.

A Computer Processing Factory Rationing (CPFR)system is used to assign inventory in a supply chain when supply is disrupted.

As forecasts become firm,they are converted to

The lack of supply chain coordination on various measures of performance has costs associated with it.Which of the following is NOT one of these costs?

A CPFR used for ________ relies less on historical data and more on interpretation of industry trends,macroeconomics factors,and customer tastes.

One appropriate measure to reduce replenishment lead times is to

Which of these changes will serve to break order synchronization?

Lot size based quantity discounts reduce the bullwhip effect within the supply chain.

A fundamental aspect of successful collaboration is

Situations where demand information is distorted as it moves between different stages of the supply chain,leading to increased variability in orders within the supply chain are referred to as

The most common form of collaboration observed in practice is

Actions taken in the course of placing and filling orders that lead to an increase in variability are referred to as

Behavioral obstacles are often related to the way the supply chain is structured and reduce the bullwhip effect.

Understanding the Supply Chain

Achieving Strategic Fit in a Supply Chain

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

Sales and Operations Planning: Planning Supply and Demand

Managing Economies of Scale in a Supply Chain: Cycle Inventory

Managing Uncertainty in a Supply Chain: Safety Inventory

Linking Product Availability to Profits

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