Question 1

The items listed below are stored in a one-dock warehouse.Which of them should be stored at the very back (furthest away from the dock)?

Accepted Answer

A) A 
B) B 
C) C 
D) D 
E) E 
A) A 
B) B 
C) C 
D) D 
E) E

Question 2

The Great East Japan Earthquake of 2011 was centered off of the Pacific coast of which region of Japan?

Accepted Answer

A) Kant   
B) Ch   bu 
C) T   hoku 
D) Kansai 
E) Ch   goku 
A) Kant   
B) Ch   bu 
C) T   hoku 
D) Kansai 
E) Ch   goku

Question 3

The factor weighting model is an attempt to add subjectivity to decision making when selecting among suppliers.

Accepted Answer

A) True 
 B)False

Question 4

Typically,a more expensive shipping option is:

Accepted Answer

A) slower with a lower holding cost. 
B) slower with a higher holding cost. 
C) faster with a lower holding cost. 
D) faster with a higher holding cost. 
E) faster,but holding cost is unaffected by delivery speed. 
A) slower with a lower holding cost. 
B) slower with a higher holding cost. 
C) faster with a lower holding cost. 
D) faster with a higher holding cost. 
E) faster,but holding cost is unaffected by delivery speed.

Question 5

Which of the following is the prescribed remedy when the bullwhip effect is caused by shortage gaming?

Accepted Answer

A) share demand information 
B) channel coordination 
C) increase capacity 
D) price stabilization 
E) allocate orders based on past demand 
A) share demand information 
B) channel coordination 
C) increase capacity 
D) price stabilization 
E) allocate orders based on past demand

Question 6

Suppose that a product's value is $1000.The manufacturer experiences a holding cost of 2.5% per month.The firm ships the product across country by truck,and it arrives six days later.The shipping cost is $80 per unit.What is the holding cost on each unit shipped? (Assume 30 days per month. )

Accepted Answer

A) $0.83 
B) $5.00 
C) $0.07 
D) $0.40 
E) $150.00 
A) $0.83 
B) $5.00 
C) $0.07 
D) $0.40 
E) $150.00

Question 7

Explain how the solution procedure for the warehouse storage location problem uses a "bang-for-the-buck" approach.

Accepted Answer

The "bang" (value)here is the number of

Question 8

Which of the following would NOT be considered (in addition to delivery speed)when choosing a mode of transportation?

Accepted Answer

A) on-time delivery 
B) coordinating shipments to maintain a schedule 
C) getting new products to market 
D) keeping a customer happy 
E) All of the above may be considered. 
A) on-time delivery 
B) coordinating shipments to maintain a schedule 
C) getting new products to market 
D) keeping a customer happy 
E) All of the above may be considered.

Question 9

The bullwhip effect describes the tendency for larger order size fluctuations in the supply chain as orders move from suppliers toward retailers.

Accepted Answer

A) True 
 B)False

Question 10

The items listed below are stored in a one-dock warehouse.Which of them should be stored at the very front (closest to the dock)?

Accepted Answer

A) A 
B) B 
C) C 
D) D 
E) E 
A) A 
B) B 
C) C 
D) D 
E) E

Question 11

The primary trade-off in warehouse storage location analysis involves evaluating the number of trips taken for an item vs.the ________.

Accepted Answer

blocks of

Question 12

Which of the following is NOT a potential cause of the bullwhip effect?

Accepted Answer

A) shortage gaming 
B) channel coordination 
C) order batching 
D) demand forecast errors 
E) price fluctuations 
A) shortage gaming 
B) channel coordination 
C) order batching 
D) demand forecast errors 
E) price fluctuations

Question 13

In the disaster risk model,as the probability of a super-event (S)increases,the advantage of utilizing multiple suppliers increases.

Accepted Answer

A) True 
 B)False

Question 14

Under the disaster risk decision tree model,which of the following conditions would create the HIGHEST incentive to use MORE suppliers?

Accepted Answer

A) lower S,lower U 
B) lower S,higher U 
C) higher S,lower U 
D) higher S,higher U 
E) higher S,higher U,higher C 
A) lower S,lower U 
B) lower S,higher U 
C) higher S,lower U 
D) higher S,higher U 
E) higher S,higher U,higher C

Question 15

A shipment of parts valued at $75,000 needs to be shipped from Tampa,FL,to Chicago,IL.They could be shipped by rail,taking 15 days at a cost of $1,575,or by truck,taking 4 days at a cost of $2,640.The annual holding cost rate for this type of item has been estimated at 22%.What option is more economical?

Accepted Answer

Daily cost of holding the item is .22(75

Question 16

If the variance of orders of a manufacturer equals 800,and the variance of orders of its supplier equals 750,what is happening at this part of the supply chain?

Accepted Answer

A) The bullwhip effect is present. 
B) The supplier is providing a dampening (anti-bullwhip)effect. 
C) The bullwhip measure for the supplier equals 1.067 
D) Neither amplification nor smoothing is present. 
E) Both amplification and smoothing are present. 
A) The bullwhip effect is present. 
B) The supplier is providing a dampening (anti-bullwhip)effect. 
C) The bullwhip measure for the supplier equals 1.067 
D) Neither amplification nor smoothing is present. 
E) Both amplification and smoothing are present.

Question 17

Which of the following is NOT a remedy for the bullwhip effect?

Accepted Answer

A) share demand information 
B) channel coordination 
C) order batching 
D) price stabilization 
E) allocate orders based on past demand 
A) share demand information 
B) channel coordination 
C) order batching 
D) price stabilization 
E) allocate orders based on past demand

Question 18

Suzy Jones is trying to decide whether to use one or two suppliers for the motors than go into the chain saws that her company produces.She wants to use local suppliers because her firm runs a JIT operation.Her factory is located in a coastal town that is prone to hurricanes.She estimates that the probability in any year of a "super-event" that might shut down all suppliers at the same time for at least two weeks is 5%.Such a total shutdown would cost the company approximately $100,000.She estimates the "unique-event" risk for any of the suppliers to be 10%.Assuming that the marginal cost of managing an additional supplier is $12,000 per year,should Suzy use one or two suppliers?

Accepted Answer

S = 0.05,U = 0.10,L = $100,000,C = $12,0

Question 19

Describe how the U.S.Cash for Clunkers program unintentionally contributed to the bullwhip effect in the automobile industry.

Accepted Answer

In an effort to stimulate the economy an

Question 20

The items listed below are stored in a one-dock warehouse.Which of them should be stored at the very front (closest to the dock)?

Accepted Answer

A) A 
B) B 
C) C 
D) D 
E) E 
A) A 
B) B 
C) C 
D) D 
E) E

Exam 21: Supply Chain Management Analytics

The items listed below are stored in a one-dock warehouse.Which of them should be stored at the very back (furthest away from the dock)?

The Great East Japan Earthquake of 2011 was centered off of the Pacific coast of which region of Japan?

The factor weighting model is an attempt to add subjectivity to decision making when selecting among suppliers.

Typically,a more expensive shipping option is:

Which of the following is the prescribed remedy when the bullwhip effect is caused by shortage gaming?

Suppose that a product's value is $1000.The manufacturer experiences a holding cost of 2.5% per month.The firm ships the product across country by truck,and it arrives six days later.The shipping cost is $80 per unit.What is the holding cost on each unit shipped? (Assume 30 days per month. )

Explain how the solution procedure for the warehouse storage location problem uses a "bang-for-the-buck" approach.

Which of the following would NOT be considered (in addition to delivery speed)when choosing a mode of transportation?

The bullwhip effect describes the tendency for larger order size fluctuations in the supply chain as orders move from suppliers toward retailers.

The items listed below are stored in a one-dock warehouse.Which of them should be stored at the very front (closest to the dock)?

The primary trade-off in warehouse storage location analysis involves evaluating the number of trips taken for an item vs.the ________.

Which of the following is NOT a potential cause of the bullwhip effect?

In the disaster risk model,as the probability of a super-event (S)increases,the advantage of utilizing multiple suppliers increases.

Under the disaster risk decision tree model,which of the following conditions would create the HIGHEST incentive to use MORE suppliers?

If the variance of orders of a manufacturer equals 800,and the variance of orders of its supplier equals 750,what is happening at this part of the supply chain?

Which of the following is NOT a remedy for the bullwhip effect?

Describe how the U.S.Cash for Clunkers program unintentionally contributed to the bullwhip effect in the automobile industry.

The items listed below are stored in a one-dock warehouse.Which of them should be stored at the very front (closest to the dock)?

Operations and Productivity

Operations Strategy in a Global Environment

Project Management

Forecasting

Design of Goods and Services

Managing Quality

Process Strategy

Location Strategies

Layout Strategies

Human Resources,job Design,and Work Measurement

Supply Chain Management

Inventory Management

Aggregate Planning and Sop

Material Requirements Planning Mrpand ERP

Short-Term Scheduling

Lean Operations

Maintenance and Reliability

Sustainability in the Supply Chain

Statistical Process Control

Capacity and Constraint Management

Decision-Making Tools

Linear Programming

Transportation Models

Waiting-Line Models

Learning Curves

Simulation

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