Project #34451 - Advanced Supply Chain Management

Question 1

 

Main Limitation of Mass production is the wide range of product verity

 

True

 

False

 

Question 2

 

In Just-in-time inventory, Inventory is kept its minimum, only replenish as it is used

 

True

 

False

 

Question 3

 

Lean planning mainly applies to situation where demand is unpredictable, replenishment lead time is short

 

True

 

False

 

Question 4

 

Principles of Lean Consumptions provide what’s wanted where its wanted exactly when its wanted

 

True

 

False

 

Question 5

 

Customer service dimension is characterized in a supply chain is delivery reliability and responsiveness.

 

True

 

False

 

Question 6

 

Contemporary third-party logistics has existed since about 1975

 

True

 

False

 

Question 7

 

There are always predictable but inevitable changes in supply chain relationships.

 

True

 

False

 

Question 8

 

The increased demand fluctuation, and global market competition are not very common in today’s supply chain.

 

True

 

False

 

Question 9

 

Products with very short life cycles require innovation and short production lead times.

 

True

 

False

 

Question 10

 

Enhanced communications across organizations in a supply chain is only dependent on the technological capabilities of the organizations.

 

True

 

False

 

Question 11

 

What is the best statement that describes synchronized collaboration?

 

 

It is better than any other collaborations

 

Only defense industry can have this type of collaboration

 

It requires more information sharing among partners

 

VMI is an example of mutual collaboration

 

It has very high level of collaboration but only in few areas

 

Question 12

 

What is not a source of supply chain uncertainty?

 

 

Weather

 

Earthquake

 

Machine breakdown

 

Concept design

 

Politics

 

 

 

Question 13

 

Who is in charge of inventory decision making in VMI?

 

 

Vendor

 

Retailer

 

Both first and second answers

 

Neither

 

Customer

 

Question 14

 

Which one is not a roadblock to EDI implementation?

 

 

Security

 

Compatibility

 

Reliable data

 

Required infrastructure

 

Cost of VAN

 

Question 15

 

Which one has minimal impact on reverse logistics?

 

 

Corporate civic responsibility

 

Business vision

 

Cost of reverse logistics

 

A ban on disposals

 

New environmental regulations

 

Question 16

 

Which one activity has the profound impact on reverse logistics operation?

 

 

Refurbish

 

Gate keeping

 

Re sell

 

Transport

 

Recycle

 

Question 17

 

A ____________ encompasses all activities associated with the flow and transformation of goods from the raw material stage, through to the end user, as well as the associated information flows.

 

 

Production line

 

Supply chain

 

Marketing channel

 

Warehouse

 

None of the above

 

Question 18

 

The correct sequence of an organization’s supply chain from a systems perspective is:

 

 

Delivery to customers, acquisition of resources, transformation process

 

Transformation process, delivery to customers, acquisition of resources

 

Transformation process, acquisition of resources, delivery to customers

 

Acquisition of resources, transformation process, delivery to customers

 

None of the above

 

Question 19

 

Characteristics of good measures of logistics are all but

 

 

Quantitative

 

Invisible

 

Easily understandable

 

Multidimensional

 

Measures customer expectations

 

Question 20

 

Typically, which one of the following life cycle phases has the most influence on the overall system?

 

 

Manufacturing

 

Operations

 

Retirement

 

Detailed Design

 

Requirements definition

 

 

 

Question 21

 

Supportability includes all of the following except

 

 

Inventory analysis

 

Operator task analysis

 

Investment analysis

 

Maintenance task analysis

 

Reparability analysis

 

 

 

Question 22

 

The typical aim of the push approach to supply chain management is:

 

 

To reduce costs of distribution

 

To enhance product and service quality

 

To reduce costs of new product development

 

Both the first and third answer above

 

None of the above

 

Question 23

 

A good requirement analysis should not have

 

 

Fixed problem statement

 

Ambiguous problem statement

 

Any product requirements

 

Solutions at the end

 

Many alternatives to analyze

 

 

 

Question 24

 

Mature design is the one that

 

 

Matures over time

 

Meets customer requirements only

 

Is ready to view by QC people

 

Is the best design

 

Has met all requirements and is tested, verified & validated

 

 

 

Question 25

 

An organization’s ability to respond to changes in demand with respect to volume and variety refers to ___________.

 

 

Responsiveness

 

Leanness

 

Agility

 

Relevancy

 

Just-in-time

 

Question 26

 

What is not an advantage of a vendor if VMI is in place with its retailers?

 

 

Lower inventory cost

 

Better market information

 

Closer ties with the retailers

 

Better scheduling & planning

 

Improved control

 

Question 27

 

There are a number of key influences on the selection of distribution strategy. Which of the following is generally recognized as a key influence?

 

 

Buyer behavior

 

Producer's needs

 

Product type

 

Product price

 

All of the above

 

 

 

Question 28

 

A supply chain system that buys ingredients with cash, manufactures products (3 days production time), and then sells to individual customers. What value of the following “cash to cash cycle time” is better for this company?

 

 

4 days

 

1 week

 

2 weeks

 

1 month

 

1 year

 

 

 

Question 29

 

For a total customized product, which one of the following production system is appropriate?

 

 

Make to order

 

Assemble to order

 

Make to stock

 

Engineer to order

 

None of the above

 

 

 

Question 30

 

Better collaboration between design and production is required to improve:

 

 System reliability, producibility, testability, Accountability ; Design feasibility

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Question 1

 

Describe the ‘Newsvendor model’. How Newsvendor model can be a decision tool to determine the optimal ordering quantity of a product. How you determine the ordering quantity using Z-value and normal distribution parameters, such as (μ, σ)? Show the equation.

 

 

Question 2

 

Describe the strength and weakness of any four transportation mode favoring the future business solution.

 

 

Question 3

 

How shorter product life cycle can impact on the production process? Explain with an example.

 

 

Question 4

 

What is an Intermodal activity? Describe the role of Intermodal Facility in The Global Supply Chain System.

 

 

Question 5

 

Warehouse Location

 

 

 

Question 6

 

Process evaluation

 

 

Question 7

 

Manufacturing Process

 


 

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Due By (Pacific Time) 07/01/2014 11:00 pm
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