On a recent road trip to the Big Easy,the absentee landlord recorded his gasoline purchases in a logbook that he intended to support his rental expenses for the year.The entries are in the table below: \[\begin{array} { | c | c | } \hline \text { Gallons } & \text { Total Cost } \\ \hline 15 & \$ 44.40 \\ \hline 16 & \$ 36.32 \\ \hline 13.5 & \$ 34.70 \\ \hline 18 & \$ 45.90 \\ \hline 8 & \$ 23.36 \\ \hline 12 & \$ 30.72 \\ \hline \end{array}\] What is the average order size of the gasoline?

A) 15.00 B) 13.75 C) 14.25 D) 14.75 A) 15.00 B) 13.75 C) 14.25 D) 14.75

Over the past two months,Lisa has received several orders for goat grazing services.The order date,promise date,and delivery dates are shown in the table below. \[\begin{array} { | c | c | c | } \hline \text { Order Date } & \text { Promise Date } & \text { Delivery Date } \\ \hline \text { June 1 } & \text { June 2 } & \text { June 3 } \\ \hline \text { June 1 } & \text { June 4 } & \text { June 4 } \\ \hline \text { June 6 } & \text { June 7 } & \text { June 7 } \\ \hline \text { June 13 } & \text { June 15 } & \text { June 15 } \\ \hline \text { June 15 } & \text { June 16 } & \text { June 18 } \\ \hline \text { June 15 } & \text { June 18 } & \text { June 20 } \\ \hline \text { June 18 } & \text { June 22 } & \text { June 22 } \\ \hline \text { June 19 } & \text { June 25 } & \text { June 25 } \\ \hline \text { June 20 } & \text { June 27 } & \text { June 27 } \\ \hline \text { June 22 } & \text { June 29 } & \text { June 29 } \\ \hline \text { June 24 } & \text { June 28 } & \text { June 30 } \\ \hline \text { June 26 } & \text { July 4 } & \text { July 4 } \\ \hline \text { June 28 } & \text { July } 8 & \text { July 7 } \\ \hline \text { June 30 } & \text { July } 8 & \text { July 9 } \\ \hline \end{array}\] What is Lisa's percentage of on-time deliveries?

A) 75% B) 64% C) 56% D) 51% A) 75% B) 64% C) 56% D) 51%

On a recent road trip to the Big Easy,the absentee landlord recorded his gasoline purchases in a logbook that he intended to support his rental expenses for the year.The entries are in the table below: \[\begin{array} { | c | c | } \hline \text { Gallons } & \text { Total Cost } \\ \hline 15 & \$ 44.40 \\ \hline 16 & \$ 36.32 \\ \hline 13.5 & \$ 34.70 \\ \hline 18 & \$ 45.90 \\ \hline 8 & \$ 23.36 \\ \hline 12 & \$ 30.72 \\ \hline \end{array}\] What is the average sale price of the gasoline?

A) $2.61 B) $2.64 C) $2.67 D) $2.70 A) $2.61 B) $2.64 C) $2.67 D) $2.70

Exam 3: Supply Chain Drivers and Metrics

On a recent road trip to the Big Easy,the absentee landlord recorded his gasoline purchases in a logbook that he intended to support his rental expenses for the year.The entries are in the table below: Gallons Total Cost 15 \ 44.40 16 \ 36.32 13.5 \ 34.70 18 \ 45.90 8 \ 23.36 12 \ 30.72 What is the average order size of the gasoline?

(Multiple Choice)

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Question 41

Dogz reports total revenue of $47,561,cost of goods sold of $32,856 and net receivables of $19,595.Their property,plant and equipment is $19,813 and they have $16,240 of inventory.Which ratio is highest - ART,INVT or PPET?

(Multiple Choice)

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Question 42

Seasonal inventory should be used when

(Multiple Choice)

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Question 43

Which component of the supply chain decision-making framework would be established first?

(Multiple Choice)

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Question 44

Lisa rented her goats out to anyone interested in clearing underbrush the natural way on their acreage.She received a call from her client Mary on June 21 and delivered her herd of goats to the site on June 24.The goats were done on June 30 and Lisa presented Mary with an invoice the same day.Mary wrote Lisa a check on July 18 and Lisa cashed it on July 21.What was Lisa's days payable outstanding for Mary's job?

(Multiple Choice)

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Question 45

Zara sources basic products such as white t-shirts from low cost countries because demand is predictable.For trendy products for which demand is unpredictable,Zara sources from company-owned higher cost factories in Europe.For the predictable demand,Zara strives for and for the unpredictable demand,Zara hopes to achieve .

(Multiple Choice)

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Question 46

The inventory that is built up to counter predictable variability in demand is called

(Multiple Choice)

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Question 47

Transforming forecasts into plans of activity to satisfy the projected demand is known as

(Multiple Choice)

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Question 48

________ typically measures the cost of bringing product into a facility as a percentage of sales or cost of goods sold (COGS).

(Multiple Choice)

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Question 49

Companies using seasonal inventory will build up inventory in periods of low demand and store it for periods of high demand when they will not have the capacity to produce all that is demanded.

(True/False)

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Question 50

Information is potentially the biggest driver of performance in the supply chain as it directly affects each of the other drivers.

(True/False)

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Question 51

Over the past two months,Lisa has received several orders for goat grazing services.The order date,promise date,and delivery dates are shown in the table below. Order Date Promise Date Delivery Date June 1 June 2 June 3 June 1 June 4 June 4 June 6 June 7 June 7 June 13 June 15 June 15 June 15 June 16 June 18 June 15 June 18 June 20 June 18 June 22 June 22 June 19 June 25 June 25 June 20 June 27 June 27 June 22 June 29 June 29 June 24 June 28 June 30 June 26 July 4 July 4 June 28 July 8 July 7 June 30 July 8 July 9 What is Lisa's percentage of on-time deliveries?

(Multiple Choice)

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Question 52

Which component of the supply chain decision-making framework would be used to reach the performance level dictated by the supply chain strategy?

(Multiple Choice)

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Question 53

Lost sales are easily tracked by most retailers.

(True/False)

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Question 54

The most significant sourcing decision is whether to perform a task in house or to outsource it to a third party.

(True/False)

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Question 55

Dogz reports total revenue of $47,561,cost of goods sold of $32,856 and net receivables of $19,595.Their property,plant and equipment is $19,813 and they have $16,240 of inventory.If they operate 300 days a year,how long does the average item stay in inventory?

(Multiple Choice)

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Question 56

Economies of scale are illustrated by

(Multiple Choice)

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Question 57

On a recent road trip to the Big Easy,the absentee landlord recorded his gasoline purchases in a logbook that he intended to support his rental expenses for the year.The entries are in the table below: Gallons Total Cost 15 \ 44.40 16 \ 36.32 13.5 \ 34.70 18 \ 45.90 8 \ 23.36 12 \ 30.72 What is the average sale price of the gasoline?

(Multiple Choice)

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Question 58

The high utilization facility will have difficulty responding to demand fluctuations.

(True/False)

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Question 59

Explain the role of each of the major drivers of supply chain performance in the competitive strategy.

(Essay)

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Question 60

Dogz reports total revenue of $47,561,cost of goods sold of $32,856 and net receivables of $19,595.Their property,plant and equipment is $19,813 and they have $16,240 of inventory.Which ratio is highest - ART,INVT or PPET?

Seasonal inventory should be used when

Which component of the supply chain decision-making framework would be established first?

The inventory that is built up to counter predictable variability in demand is called

Transforming forecasts into plans of activity to satisfy the projected demand is known as

________ typically measures the cost of bringing product into a facility as a percentage of sales or cost of goods sold (COGS).

Companies using seasonal inventory will build up inventory in periods of low demand and store it for periods of high demand when they will not have the capacity to produce all that is demanded.

Information is potentially the biggest driver of performance in the supply chain as it directly affects each of the other drivers.

Which component of the supply chain decision-making framework would be used to reach the performance level dictated by the supply chain strategy?

Lost sales are easily tracked by most retailers.

The most significant sourcing decision is whether to perform a task in house or to outsource it to a third party.

Dogz reports total revenue of $47,561,cost of goods sold of $32,856 and net receivables of $19,595.Their property,plant and equipment is $19,813 and they have $16,240 of inventory.If they operate 300 days a year,how long does the average item stay in inventory?

Economies of scale are illustrated by

The high utilization facility will have difficulty responding to demand fluctuations.

Explain the role of each of the major drivers of supply chain performance in the competitive strategy.

Understanding the Supply Chain

Achieving Strategic Fit in a Supply Chain

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

Coordination in a Supply Chain

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

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