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WorksheetsSCM C3
Total questions: 53
Worksheet time: 27mins
Which of the following is not a major driver of supply chain performance
Facilities
Inventory
Transportation
Information
All of the above are major drivers of supply chain performance.
Which of the following is not a major driver of supply chain performance?
Customers
Facilities
Inventory
Transportation
The places in the supply chain network where product is stored, assembled, or fabricated are known as
facilities
inventory.
transportation.
information.
All raw materials, work in process, and finished goods within a supply chain are known as
facilities.
inventory.
transportation
information.
Moving inventory from point to point in the supply is known as
facilities
inventory
transportation.
information.
The data and analysis concerning facilities, inventory, transportation, and customers throughout the supply chain is known as
facilities.
inventory.
transportation
information.
The two major types of facilities are
distribution sites and storage sites.
production sites and distribution sites.
production sites and storage sites.
retail sites and distribution sites.
Which component of the supply chain decision-making framework would be established first?
Customer strategy
Supply chain strategy
Supply chain structure
Competitive strategy
Which component of the supply chain decision-making framework would be established second?
Customer strategy
Supply chain strategy
Competitive strategy
Supply chain structure
Which component of the supply chain decision-making framework would be used to reach the performance level dictated by the supply chain strategy?
Customer strategy
Supply chain strategy
Supply chain structure
Competitive strategy
Which of the following is not a component of facilities decisions?
Warehousing methodology
Forecasting methodology
Operations methodology
Capacity
Which of the following statements concerning decisions regarding location of facilities is false?
Deciding where a company will locate its facilities constitutes a large part of the design of a supply chain
A basic trade-off here is whether to centralize to gain economies of scale or decentralize to become more responsive by being closer to the customer.
Companies must also consider a host of issues related to the various characteristics of the local area in which the facility may be situated.
All of these statements are true
Which of the following is not an issue companies need to consider in facility location decisions?
Quality of workers
Product development
Proximity to customers and the rest of the network
Cost of facility
Which of the following is not an issue companies need to consider in facility location decisions?
Quality of workers
Availability of infrastructure
Proximity to customers and the rest of the network
Cost of facility
All of the above are issues companies need to consider in facility location decisions.
Excess capacity
allows a facility to be very flexible and to respond to wide swings in the demands placed on it
costs money and therefore can decrease efficiency.
requires proximity to customers and the rest of the network.
both A and B
Which of the following is a characteristic of a facility with excess capacity?
Will likely be more efficient per unit of product it produces than one with a lot of unused capacity
Would be very flexible and respond to wide swings in the demands placed on it
Would be considered a high utilization facility
Will have difficulty responding to demand fluctuations
A facility with little excess capacity
will likely be more efficient per unit of product it produces than one with a lot of unused capacity
would be considered a high utilization facility.
will have difficulty responding to demand fluctuations.
All of the above are true.
Which of the following would be a characteristic of a facility with little excess capacity?
Allows a facility to be very flexible and to respond to wide swings in the demands placed on it
Costs money and therefore can decrease efficiency
Requires proximity to customers and the rest of the network
Will likely be more efficient per unit of product it produces
Which of the following is not a warehousing methodology?
Warehouse unit storage
Stock keeping unit (SKU) storage
Job lot storage
Cross-docking
The warehousing methodology that uses a traditional warehouse to store all of one type of product together is
warehouse unit storage.
stock keeping unit (SKU) storage.
job lot storage.
cross-docking
The warehousing methodology in which all the different types of products needed to perform a particular job or satisfy a particular type of customer are stored together is
warehouse unit storage.
stock keeping unit (SKU) storage.
job lot storage.
cross-docking.
The following warehousing methodology is one in which goods are not actually warehoused in a facility. Instead, trucks from suppliers, each carrying a different type of product, deliver goods to a facility. There the inventory is broken into smaller lots and quickly loaded onto storebound trucks that carry a variety of products, some from each of the supplier trucks
Warehouse unit storage
Stock keeping unit (SKU) storage
Job lot storage
Cross-docking
All of the following are components of inventory decisions except
cycle inventory.
safety inventory.
seasonal inventory.
sourcing
All of the above are components of inventory decisions.
All of the following are components of inventory decisions except
capacity.
cycle inventory.
safety inventory.
seasonal inventory.
The average amount of inventory used to satisfy demand between receipt of supplier shipments is referred to as
cycle inventory.
safety inventory.
safety inventory.
sourcing.
The inventory that is built up to counter predictable variability in demand is called
cycle inventory.
safety inventory.
seasonal inventory
sourcing.
The inventory held in case demand exceeds expectation in order to counter uncertainty is called
cycle inventory.
safety inventory.
seasonal inventory.
sourcing.
The set of business processes required to purchase goods and services is known as
cycle inventory.
safety inventory.
seasonal inventory.
sourcing.
Cycle inventory is used because
the world is perfectly predictable.
demand is uncertain and may exceed expectations.
it involves making a trade-off between the costs of having too much inventory and the costs of losing sales due to not having enough inventory.
it focuses on processes that are external to the firm.
Seasonal inventory should be used whe
a company can rapidly change the rate of its production system at a very low cost.
changing the rate of production is expensive (e.g., when workers must be hired or fired).
adjusting to a period of low demand without incurring large costs.
the world is perfectly predictable.
Sourcing involves
deciding the tasks that will be outsourced and those that will be performed within the firm.
deciding whether to source from a single supplier or a portfolio of suppliers.
identifying the set of criterion that will be used to select suppliers and measure their performance
selecting suppliers and negotiating contracts with them.
all of the above
Which of the following are key components of transportation decisions when designing and operating a supply chain?
Mode of transportation
Route and network selection
In-house or outsource
all of the above
Which of the following are key components of transportation decisions when designing and operating a supply chain?
Software selection
Mode of transportation
Source selection
) Warehouse selection
Which of the following are key components of information that must be analyzed to increase efficiency and improve effectiveness in a supply chain?
Software selection
Source selection
Warehouse selection
Forecasting and aggregate planning
When all the different stages of a supply chain work toward the objective of maximizing total supply chain profitability, rather than each stage devoting itself to its own profitability without considering total supply chain profit, it is known as
supply chain coordination.
forecasting
aggregate planning.
revenue management.
The art and science of making projections about what future demand and conditions will be is
supply chain coordination.
forecasting.
aggregate planning.
revenue management.
Transforming forecasts into plans of activity to satisfy the projected demand is known as
supply chain coordination.
forecasting
aggregate planning.
revenue management.
The process by which a firm decides how much to charge customers for its goods and services is
supply chain coordination.
forecasting
aggregate planning.
pricing.
The use of differential pricing over time or customer segments to maximize profits from a limited set of supply chain assets is
supply chain coordination.
forecasting.
aggregate planning.
revenue management.
Which of the following are technologies that share and analyze information in the supply chain?
Electronic Data Interchange (EDI)
Internet
Enterprise Resource Planning (ERP)
Supply Chain Management (SCM) software
all of the above
Which of the following are technologies that share and analyze information in the supply chain?
Internet
Enterprise Data Planning (EDP)
Electronic Resource Interchange (ERI)
Chain Management (CM) software
The ________ strategy results in a peak during the discount week, often followed by a steep drop in demand during the following weeks.
Everyday low pricing
High-low pricing
Fixed price
Menu pricing
Pricing directly affects revenues but can also affect production costs and inventories depending upon its impact on consumer demand. Which of the following is not listed as a metric a manager should track?
Inventory turnover
Profit margin
Days sales outstanding
Average sales price
________ measures the incremental costs that are independent of the size of the orde
Average sale price
Incremental variable cost per unit
Incremental fixed cost per order
Incremental indirect cost per order
Amazon uses different prices for the products that are purchased from the company — often for the speed of the shipping. What is the name of this pricing scheme?
Everyday low pricing
High-low pricing
Fixed price
Menu pricing
Sourcing decisions directly impact the cost of goods sold and accounts payable. Which of the following is NOT listed as a source-related metric that a manager should track?
Average selling price
Range of purchase price
Days payable outstanding
Average purchase quantity
________ measures the average time between when an order is placed and the product arrives.
Supplier reliability
Supply lead time
Fraction of on-time deliveries
Supply quality
________ is NOT a key sourcing decision that is made within a firm?
Outsource
Procurement
Supplier selection
Produce high quality products
Cisco has outsourced almost all of its manufacturing. It does, however, have a sourcing strategy that varies by product type. For low-end products such as routers for home networks, Cisco aims for efficiency. These routers are produced and packed in what country that supports this strategy?
Italy
China
United States
Canada
________ identifies the difference between the planned production/inventories and the actual values.
Supplier reliability
Forecast error
Variance from plan
Supply quality
In the textbook, it mentions that Wal-Mart has mandated the use of a specific technology by its top 100 suppliers at the level of product cases. What is the technology?
RFID
ERP
SCM
EDI
________ typically measures the cost of bringing product into a facility as a percentage of sales or cost of goods sold (COGS)
Average outbound transportation cost
Average inbound transportation cost
Average incoming shipment size
Average inbound transportation cost per shipment
Blue Nile is an online retailer of diamonds that has used responsive transportation to ship diamonds to customers in the United States, Canada, and several countries in Europe and Asia. Which is the mode of transportation used with this strategy?
Sea
Rail
Internet
Air
