WorksheetsSupply Chain Characteristics and Strategies
Total questions: 17
Worksheet time: 17mins
Name
Class
Date
1.
Which of the following product characteristics are more conducive to a Responsive Supply chain? (select all that apply)
a)
predictable/stable demand
b)
low demand uncertainty
c)
high demand uncertainty
d)
high profit margins
e)
low profit margins
2.
Which of the following product characteristics are more conducive to an Efficient Supply chain? (select all that apply)
a)
predictable/stable demand
b)
low demand uncertainty
c)
high demand uncertainty
d)
high profit margins
e)
low profit margins
3.
When is a Decentralized Supply Chain more appropriate?
a)
When there are many points of sale
b)
When there is a low distribution cost per weight
c)
When you need less customized delivery
d)
When demand is more predictable
e)
When you are not as worried about lead times
4.
How do Efficient and Responsive supply chains relate to Centralized vs Decentralized strategies? (select all that apply)
a)
A centralized strategy needs an efficient supply chain
b)
A centralized strategy needs a responsive supply chain
c)
A decentralized strategy needs an efficient supply chain
d)
A decentralized strategy needs a responsive supply chain
e)
There is no correct answer here
5.
Why would a company consider Outsourcing? (select all that apply)
a)
lack of capacity in house
b)
to increase lead time
c)
supplier has better technical capabilities
d)
to focus more on core capabilities
6.
Why would a company want to Offshore? (select all that apply)
a)
To be closer to offshore customers
b)
Offshore has better cost/price
c)
Offshore has better technical capability
d)
Faster response to offshore customers
7.
Which of the following are pitfalls to Offshoring? (select all that apply)
a)
You may lose or forego the in-house ability to do the task
b)
Exchange rates can be volatile
c)
You give up some control over quality and cost
d)
You may not get a very detailed understanding on your overall product cost
8.
Which one of the following is NOT a cost factor when considering offshoring that is not captive?
a)
Export taxes
b)
Exchange rate exposure
c)
Real Estate costs
d)
Damage in transit
e)
Ocean transport costs
9.
Which conditions are more conducive to a Centralized supply chain? (select all that apply)
a)
Demand is stable
b)
You need higher product availability
c)
Many points of sale
d)
Low distribution complexity
10.
A centralized network configuration lends itself to which type of supply chain model?
a)
Short
b)
Responsive
c)
Efficient
d)
People-conscience
e)
Dynamic
11.
A functional product is likely to have? Choose the best answer.
a)
High demand uncertainity
b)
High product variety and low volume
c)
Short product life
d)
Low inventory costs
e)
Long lead times
12.
Which of the following is NOT a reason for outsourcing?
a)
To decrease lead times
b)
To reduce and control costs
c)
To decrease flexibility and speed
d)
To focus on core competencies
13.
Which of the following is NOT among the drivers of offshoring?
a)
Social drivers
b)
Political drivers
c)
Technology drivers
d)
Market drivers
14.
Which of these is NOT a cost driver for offshoring?
a)
Exchange rate fluctuations
b)
Falling communication costs
c)
Cost of risk in joint ventures
d)
Labor costs
15.
Which of the following is NOT a pitfall of offshoring? Choose the best answer.
a)
Inaccurate determination of overall product costs
b)
Lack of control over costs and quality
c)
Exchange rate volatility
d)
Political uncertainty in the target market
e)
Bogus Question: All of these statements are pitfalls of offshoring
16.
Which of the following is NOT a characteristic of a PULL system?
a)
Faster reaction to defects
b)
Operators only work when there is a signal to produce
c)
Focus on keeping individual operators and workstations busy
d)
There is no slack in the system
e)
None of these statements are correct
17.
Which of the following is an advantage of a Decentralized strategy compared to a Centralized strategy?
a)
Lower total inventory
b)
More complexity/coordination
c)
Shorter shipping distances
d)
Less complexity/coordination
e)
Lower scope for standardization of practices
100 %
