
Mid term question paper questions

Quiz
•
Fun
•
3rd Grade
•
Medium
hulio Abner
Used 13+ times
FREE Resource
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cycle inventory is:
The one built up in anticipation of predictable increase in demand uncertainties of the year
Amount needed to satisfy demand for the product in periods between purchases of product
The one that has to be built given the lack manufacturing flexibility
Amount created to cover for maintenance cycles, specially on a peak season
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of these are 3 INTERNAL factors that affect MPS (Master Production schedule) :
BOM ́s
Historical data of supplier service level
Plant Capacity
Competitor activity
Company or Management Policies
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In SCM information is primarily used for the purpose of:
Sales Forecast And Demand Predictability
Coordinating daily activities, production and materials forecasting and planning
Production Planning,quality assurance and sales
Reduce sales variability so that inventory could also be reduced.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Key participants in the Supply Chain
Manufacturing,Buyers,Warehouses Salesforce
Purchases, Quality, Finance and Suppliers
Carriers,Logistics,MarketingandManufacturing
Producers, Distributors, Customers, Suppliers or Service Providers
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of the following are activities within the Procurement function (4)
Conduct product scheduling
Contract Management
Purchasing,
Contract Negotiation
Vendor Selection
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Production Scheduling is a constant balancing act between
Average level of inventories, high responsiveness and short lead times
Vendor selection, economic lot size, and economic order quantity
High utilization rates, Low level of inventories and high level of customer service
Cycle Inventory, Reduce demand uncertainty and set the right level of safety stock
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you choose to have a very responsive business. Which will be the impact on inventory?
High levels of inventory during seasonality peaks
Low levels of inventory
Optimized levels
High levels of inventory for a wide range of products
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When in a negotiation you have to make a concession or give up something between the unit price of a product and all the other value added services that are required; it is also named:
Win-win negotiation
Performance target concession
Trade-offs
Win-lose negotiation
9.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Your are running a business with your partner and you are negotiating with him the possibility to invest in a new market. Your partner does not want to make this investment and is not moving his position a bit. What would you do?
Try to identify his/her needs more than understanding his/her position
Agree not to do the investment. The relationship with your partner is more important thant exploring new businesses
Make no concession. It would make you look weak
Make small irrelevant concessions to try to move him/her from his/her position
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