Posted: November 9th, 2015
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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