Exam 21: Supply Chain Management Analytics

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Walsh Construction is considering two options for its supplier portfolio.Option 1 uses two local suppliers.Each has a "unique-event" risk of 8%,and the probability of a "super-even" that would disable both at the same time is estimated to be 2.5%.Option 2 uses two suppliers located in different countries.Each has a "unique-event" risk of 18%,and the probability of a "super-event" that would disable both at the same time is estimated to be 1.2%. (a)What is the probability that both suppliers will be disrupted using option 1? (b)What is the probability that both suppliers will be disrupted using option 2? (c)Which option would provide the lowest risk of a total shutdown?

(Essay)

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Question 61

Which of the following elements of the factor weighting technique in supplier selection analysis does NOT contain a certain degree of subjectivity?

(Multiple Choice)

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Question 62

What is the formula for the bullwhip measure?

(Multiple Choice)

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Question 63

The ________ model adds objectivity to decision making when selecting suppliers.

(Essay)

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Question 64

The most expensive items in a warehouse should be placed near the dock.

(True/False)

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Question 65

Which of the following is NOT REQUIRED information to obtain to conduct the factor weighting technique in supplier selection analysis?

(Multiple Choice)

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Question 66

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

(Multiple Choice)

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Question 67

Showing 61 - 67 of 67

Which of the following elements of the factor weighting technique in supplier selection analysis does NOT contain a certain degree of subjectivity?

What is the formula for the bullwhip measure?

The ________ model adds objectivity to decision making when selecting suppliers.

The most expensive items in a warehouse should be placed near the dock.

Which of the following is NOT REQUIRED information to obtain to conduct the factor weighting technique in supplier selection analysis?

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

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Operations Strategy in a Global Environment

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Forecasting

Design of Goods and Services

Managing Quality

Process Strategy

Location Strategies

Layout Strategies

Human Resources,job Design,and Work Measurement

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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

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