Supply Chain_Finals

What is a characteristic of a push system in manufacturing and supply chain management?

• Production is only done in response to specific customer orders

• Production is triggered by customer orders

• Production is driven by anticipated demand

• Production is based on actual customer demand

What is a common example of a pull system in manufacturing?

• Forecast-based production

• Just-in-Time (JIT) manufacturing

• Excess inventory management

• Overproduction strategy

What does a push-pull system in manufacturing and supply chain management combine?

• Push and pull systems

• Forecast-based production only

• Actual customer demand only

• Excess inventory management only

What is a risk associated with push-based supply chains?

• Quick adaptation to market conditions

• Accurate forecasts of demand

• Low inventory carrying costs

• Limited responsiveness to changes in demand

What is the bullwhip effect in supply chains?

• Small changes in demand causing big problems upstream

• Accurate forecasting leading to efficient production

• Low inventory variability in the supply chain

• Stable demand patterns throughout the supply chain

How can the bullwhip effect be mitigated in supply chains?

• Implementing more forecast-based strategies

• Reducing information sharing among supply chain partners

• Increasing lead times for production

• Improving information sharing and collaboration

What is a key feature of implementing a pull-based system in manufacturing?

• Reducing customer focus

• Waiting for customer orders before production

• Making products in advance without orders

• Increasing excess inventory levels

How does the push-pull strategy in supply chain management work?

• Ignoring customer demand completely

• Only pushing products based on forecasts

• Only pulling products based on actual demand

• Combining push and pull elements for flexibility

What is the benefit of supply chain integration?

• Improved customer satisfaction and efficiency

• Higher inventory carrying costs

• Increased costs throughout the supply chain

• Reduced collaboration among supply chain partners

How can supply chain integration be compared to teamwork in a sports game?

• Individual goals instead of shared goals

• Efficient collaboration towards a common goal

• Adaptability to changes in demand

• Lack of communication and coordination