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1、Supply Chain Management ExerciseTrue or FalseA supply chain includes only the organizations directly involved in supplying components needed for manufacturing.Answer: FalsseDifficuulty: ModerrateA supplly chaain coonsistts of all ppartiees invvolvedd, dirrectlyy or iindireectly, in ffulfillling a cu

2、sstomerr requuest.Answer: TrueeDifficuulty: ModerrateA supplly chaain coould bbe morre acccurateely deescribbed ass a suupply netwoork orr suppply weeb.Answer: TrueeDifficuulty: ModerrateThe objjectivve of everyy suppply chhain iis to maximmize tthe ovveralll valuue gennerateed.Answer: TrueeDifficuu

3、lty: EasyThe objjectivve of everyy suppply chhain iis to maximmize tthe vaalue ggeneraated ffor thhe mannufactturingg compponentt of tthe suupply chainn.Answer: FalsseDifficuulty: ModerrateAll suppply cchain activvitiess withhin a firm belonng to one oof thrree maacro pprocessses CRM, ISCMM and SRM.

4、Answer: TrueeDifficuulty: EasyThere iis a cclose conneectionn betwween tthe deesign and mmanageement of suupply chainn flowws andd the succeess off a suupply chainn.Answer: TrueeDifficuulty: EasyA compaanys compeetitivve strrategyy defiines tthe seet of custoomer nneeds that it seeeks tto sattisfy t

5、hrouugh itts prooductss and serviices.Answer: TrueeDifficuulty: EasyThe vallue chhain eemphassizes the cclose relattionshhip beetweenn all the ffunctiional strattegiess withhin a compaany.Answer: TrueeDifficuulty: ModerrateA compaanys produuct deeveloppment strattegy ddefinees thee set of cuustomeer

6、 neeeds thhat itt seekks to satissfy thhroughh its produucts aand seervicees.Answer: FalsseDifficuulty: ModerrateA compaanys produuct deeveloppment strattegy sspeciffies tthe poortfollio off new produucts tthat iit willl tryy to ddeveloop.Answer: TrueeDifficuulty: EasyA compaanys supplly chaain sttr

7、ateggy speecifiees howw the markeet willl be segmeented and hhow thhe prooduct will be poositiooned, priceed, annd proomotedd.Answer: FalsseDifficuulty: EasyA compaanys supplly chaain sttrateggy detterminnes thhe natture oof proocuremment aand trranspoortatiion off mateerialss as wwell aas thee manu

8、ufactuure annd disstribuution of thhe prooduct.Answer: TrueeDifficuulty: EasyThe deggree oof suppply cchain respoonsiveeness shoulld be consiistentt withh the impliied unncertaainty.Answer: TrueeDifficuulty: EasyThe deggree oof suppply cchain respoonsiveeness does not neeed too be cconsisstent with

9、the iimplieed unccertaiinty.Answer: FalsseDifficuulty: ModerrateThe twoo majoor typpes off faciilitiees aree disttributtion ssites and sstoragge sittes.Answer: FalsseDifficuulty: ModerrateInventoory iss an iimporttant ssupplyy chaiin driiver bbecausse chaangingg inveentoryy poliicies can ddramattica

10、llly altter thhe suppply cchains effficienncy annd ressponsiivenesss.Answer: TrueeDifficuulty: ModerrateInformaation is pootentiially the bbiggesst driiver oof perrformaance iin thee suppply chhain aas it direcctly aaffectts eacch of the oother driveers.Answer: TrueeDifficuulty: EasyThe higgh utiili

11、zattion ffaciliity wiill haave noo moree diffficultty resspondiing too demaand flluctuaationss thann one with a lott of uunusedd capaacity.Answer: Falsse Difficuulty: EasyStock kkeepinng uniit (SKKU) sttoragee is tthe waarehouusing methoodologgy thaat usees a ttradittionall wareehousee to sstore all

12、 oof onee typee of pproducct toggetherr.Answer: TrueeDifficuulty: ModerrateWarehouuse unnit sttoragee is tthe waarehouusing methoodologgy thaat usees a ttradittionall wareehousee to sstore all oof onee typee of pproducct toggetherr.Answer: FalsseDifficuulty: ModerrateDistribbutionn occuurs beetweenn

13、 everry paiir of stagees in the ssupplyy chaiin.Answer: TrueeDifficuulty: ModerrateDistribbutionn onlyy occuurs beetweenn manuufactuuring and cconsummers iin thee suppply chhain.Answer: FalsseDifficuulty: ModerrateCompaniies inn the same indusstry ooften selecct verry diffferennt disstribuution netw

14、oorks, becauuse thhe chooice oof thee disttributtion nnetworrk cann be uused tto achhieve a varriety of suupply chainn objeectivees rannging from low ccost tto higgh ressponsiivenesss.Answer: TrueeDifficuulty: ModerrateThe maiin advvantagge of a disstribuution netwoork wiith loocal sstoragge is that

15、 it caan lowwer thhe delliveryy costt and proviide a fasteer ressponsee thann otheer nettworkss.Answer: TrueeDifficuulty: ModerrateWhen deesigniing suupply chainn netwworks, comppaniess mustt builld apppropriiate fflexibbilityy to hhelp ccounteer fluuctuattions in exxchangge rattes annd demmand aacr

16、osss diffferentt counntriess.Answer: TrueeDifficuulty: ModerrateInventoory annd faccilityy costts inccreasee as tthe nuumber of faacilitties iin a ssupplyy chaiin inccreasee. Answer: TrueeDifficuulty: ModerrateTranspoortatiion coosts iincreaase ass the numbeer of facillitiess is iincreaased.Answer:

17、FalsseDifficuulty: ModerrateWhen faaced wwith aa netwwork ddesignn deciision, the goal of a managger iss to ddesignn a neetworkk thatt miniimizess the firms cossts whhile ssatisffying custoomer nneeds in teerms oof demmand aand reesponssiveneess.Answer: FalsseDifficuulty: HardThe suppply cchain netw

18、oork iss desiigned to maaximizze tottal prrofitss, takking iinto aaccounnt thee expeected margiin andd demaand inn eachh markket, vvariouus loggisticcs andd faciility costss, andd the taxess and tarifffs att eachh locaation.Answer: TrueeDifficuulty: EasyDecisioons maade duuring the ssupplyy chaiin d

19、essign pphase regarrding signiificannt invvestmeents iin thee suppply chhain, such as thhe nummber aand siize off plannts too builld, thhe nummber oof truucks tto purrchasee or llease, and whethher too builld or leasee wareehousee spacce, caannot be allteredd in tthe shhort tterm.Answer: TrueeDiffic

20、uulty: ModerrateDecisioons maade duuring the ssupplyy chaiin dessign pphase regarrding signiificannt invvestmeents iin thee suppply chhain, such as thhe nummber aand siize off plannts too builld, thhe nummber oof truucks tto purrchasee or llease, and whethher too builld or leasee wareehousee spacce,

21、 raarely remaiin in placee for severral yeears.Answer: FalsseDifficuulty: ModerrateDecisioons maade duuring the ssupplyy chaiin dessign pphase regarrding signiificannt invvestmeents iin thee suppply chhain, such as thhe nummber aand siize off plannts too builld, thhe nummber oof truucks tto purrchas

22、ee or llease, and whethher too builld or leasee wareehousee spacce, deefine the bboundaaries withiin whiich thhe suppply cchain must compeete.Answer: TrueeDifficuulty: ModerrateLong-teerm coontraccts foor botth warrehoussing aand trranspoortatiion reequireementss willl be mmore eeffecttive iif thee

23、demaand annd priice off wareehousiing doo not changge in the ffuturee or iif thee pricce of warehhousinng goees up.Answer: TrueeDifficuulty: EasyLong-teerm coontraccts foor botth warrehoussing aand trranspoortatiion reequireementss willl be mmore eeffecttive iif eitther ddemandd or tthe prrice oof w

24、arrehoussing ddrops in thhe futture.Answer: FalsseDifficuulty: ModerrateThe preesent valuee of ffuturee cashh flowws is foundd by uusing a disscountt facttor.Answer: Truee Difficuulty: ModerrateThe ratte of returrn k iis alsso refferredd to aas thee pressent vvalue of caapitall.Answer: FalsseDifficu

25、ulty: EasyA negattive NNPV foor an optioon inddicatees thaat thee optiion wiill loose mooney ffor thhe suppply cchain.Answer: TrueeDifficuulty: ModerrateThe deccisionn withh the lowesst NPVV willl provvide aa suppply chhain wwith tthe hiighestt finaanciall retuurn.Answer: FalsseDifficuulty: Moderrat

26、eIn reallity, demannd andd pricces arre higghly uuncerttain aand arre likkely tto fluuctuatte durring tthe liife off any supplly chaain deecisioon.Answer: TrueeDifficuulty: ModerrateThe goaal of aggreegate plannning iis to satissfy deemand in a way tthat mminimiizes pprofitt.Answer: FalsseDifficuult

27、y: EasyAggregaate pllanninng is a proocess by whhich aa comppany ddetermmines levells of capaccity, produuctionn, subbcontrractinng, innventoory, sstockoouts, and eeven ppricinng oveer a sspeciffied ttime hhorizoon.Answer: TrueeDifficuulty: ModerrateAggregaate pllanninng sollves pprobleems innvolvii

28、ng agggregaate deecisioons raather than stockk keepping uunit (SKU) levell deciisionss.Answer: TrueeDifficuulty: EasyForecassting errorrs aree deallt witth in aggreegate planss usinng eitther ssafetyy backklog oor saffety ccapaciity.Answer: FalsseDifficuulty: ModerrateSafety invenntory is deefinedd

29、as iinventtory hheld tto sattisfy demannd thaat is higheer thaan forrecastted.Answer: TrueeDifficuulty: EasySafety capaccity iis deffined as caapacitty useed to satissfy deemand that is loower tthan fforecaasted.Answer: FalsseDifficuulty: EasyCompaniies shhould work with downsstreamm parttners to pr

30、roducee foreecastss and with upstrream ppartneers too deteerminee consstrainnts whhen dooing aaggreggate pplanniing.Answer: TrueeDifficuulty: EasyThe agggregatte plaan shoould bbe vieewed pprimarrily aas an in-hoouse ttool tthat ddoes nnot neeed too be ccommunnicateed to supplly chaain paartnerrs.An

31、swer: FalsseDifficuulty: EasyGiven tthat fforecaasts aare allways wrongg to ssome ddegreee, thee aggrregatee plann needds to have some flexiibilitty buiilt innto itt if iit is to bee usefful.Answer: TrueeDifficuulty: ModerrateWith suupply and ddemandd manaagemennt deccisionns beiing maade inndepennd

32、entlly, itt is eeasierr to ccoordiinate the ssupplyy chaiin, thherebyy incrreasinng proofit.Answer: FalsseDifficuulty: ModerrateA firm can vvary ssupplyy of pproducct by contrrollinng prooductiion caapacitty andd inveentoryy.Answer: TrueeDifficuulty: EasyA firm that uses flexiible wwork hhours from

33、the wworkfoorce tto mannage ccapaciity too bettter meeet deemand is ussing aa seassonal workfforce.Answer: FalsseDifficuulty: ModerrateOfferinng a ppromottion dduringg a peeak peeriod that has ssignifficantt forwward bbuyingg creaates eeven mmore vvariabble deemand than beforre thee prommotionn.Answ

34、er: TrueeDifficuulty: EasyAveragee inveentoryy decrreasess if aa prommotionn is rrun duuring the ppeak pperiodd and increeases if thhe proomotioon is run dduringg the off-ppeak pperiodd.Answer: FalsseDifficuulty: EasyPromotiing duuring a peaak demmand mmonth may ddecreaase ovveralll proffitabiility

35、if a signiificannt fraactionn of tthe deemand increease rresultts froom a fforwarrd buyy.Answer: TrueeDifficuulty: HardAs forwward bbuyingg becoomes aa smalller ffractiion off the demannd inccreasee fromm a prromotiion, iit is less profiitablee to ppromotte durring tthe peeak peeriod.Answer: FalsseD

36、ifficuulty: HardAs the produuct maargin decliines, promooting durinng thee peakk demaand peeriod becommes leess prrofitaable.Answer: TrueeDifficuulty: EasyCycle iinventtory eexistss becaause pproduccing oor purrchasiing inn largge lotts alllows aa stagge of the ssupplyy chaiin to explooit ecconomiie

37、s off scalle andd incrrease cost.Answer: FalsseDifficuulty: ModerrateA lot oor battch siize iss the quanttity tthat aa stagge of the ssupplyy chaiin eitther pproducces orr purcchasess at aa giveen timme.Answer: TrueeDifficuulty: ModerrateCycle iinventtory iis thee physsical invenntory in thhe supppl

38、y cchain due tto eitther pproducction or puurchasses deemandeed by the ccustommer.Answer: TrueeDifficuulty: ModerrateThe invventorry proofile is a plot depiccting the llevel of innventoory ovver tiime.Answer: TrueeDifficuulty: EasyA discoount iis vollume-bbased if thhe priicing scheddule oofferss di

39、sccountss baseed on the qquantiity orrderedd in aa singgle loot.Answer: FalsseDifficuulty: HardA discoount iis vollume-bbased if thhe disscountt is bbased on thhe tottal quuantitty purrchaseed oveer a ggiven periood, reegardlless oof thee numbber off lotss purcchasedd overr thatt periiod.Answer: Tru

40、eeDifficuulty: EasyPricingg scheeduless withh all unit quanttity ddiscouunts eencourrage rretaillers tto inccreasee the size of thheir llots, whichh reduuces tthe avveragee inveentoryy and flow time in a supplly chaain.Answer: FalsseDifficuulty: ModerrateSafety invenntory is innventoory caarriedd fo

41、r the ppurposse of satissfyingg demaand thhat exxceedss the amounnt forrecastted foor a ggiven periood.Answer: TrueeDifficuulty: ModerrateSafety invenntory is caarriedd becaause ddemandd foreecastss are accurrate aand a produuct shhortagge mayy resuult iff the foreccast ddemandd exceeeds tthe acctua

42、l demannd.Answer: FalsseDifficuulty: ModerrateRaisingg the levell of ssafetyy inveentoryy incrreasess prodduct aavailaabilitty andd thuss the margiin cappturedd fromm custtomer purchhases.Answer: TrueeDifficuulty: ModerrateRaisingg the levell of ssafetyy inveentoryy incrreasess inveentoryy holdding

43、ccosts.Answer: TrueeDifficuulty: EasyCarryinng exccessivve invventorry cann helpp counnter ddemandd volaatilitty wheen neww prodducts come on thhe marrket.Answer: FalsseDifficuulty: ModerrateThe apppropriiate llevel of saafety invenntory is deetermiined bby thee unceertainnty off bothh demaand annd

44、suppply aand thhe dessired levell of ccycle invenntory.Answer: FalsseDifficuulty: ModerrateAs the uncerrtaintty of supplly or demannd groows, tthe reequireed levvel off safeety innventoories increeases.Answer: TrueeDifficuulty: ModerrateAs the desirred leevel oof prooduct availlabiliity inncreasses,

45、 tthe reequireed levvel off safeety innventoory deecreasses.Answer: FalsseDifficuulty: Easy Lead tiime iss the gap bbetweeen wheen an orderr is pplacedd and when it iss receeived.Answer: TrueeDifficuulty: EasyPeriodiic revview ppoliciies reequiree moree safeety innventoory thhan coontinuuous rreview

46、w poliicies for tthe saame leevel oof prooduct availlabiliity.Answer: TrueeDifficuulty: EasyWhen ussing aa conttinuouus revview ppolicyy, a mmanageer hass to aaccounnt forr the uncerrtaintty of demannd durring tthe leead tiime annd thee reviiew inntervaal.Answer: FalsseDifficuulty: EasyMultiplly Cho

47、oiceWhich oof thee folllowingg is nnot a stagee withhin a typiccal suupply chainn?CustomeersRetaileersWholesaalers/DistrributoorsManufaccturerrsAll of the aabove are sstagess withhin a typiccal suupply chainn.Answer: eDifficuulty: EasySupply chainn proffitabiility isnot corrrelatted too the valuee g

48、eneeratedd by tthe vaariouss stagges off the supplly chaain.the tottal prrofit to bee sharred accross all ssupplyy chaiin staages.the diffferennce beetweenn the revennue geeneratted frrom thhe cusstomerr and the ooveralll cosst acrross tthe suupply chainn.the tottal reevenuee geneeratedd by tthe dii

49、stribbutor stagee of tthe suupply chainn.b and cc onlyyAnswer: eDifficuulty: DiffiicultSuccesssful ssupplyy chaiin mannagemeent reequirees whiich off the folloowing decission pphasess?supply chainn straategy/desiggnsupply chainn plannningsupply chainn operrationnall of the aabovea and bb onlyyAnswer

50、: dDifficuulty: ModerrateThe objjectivve of custoomer oorder entryy is ttoget thee corrrect oorderss to ccustommers bby thee prommised due ddate aat thee loweest poossiblle cosst.maintaiin a rrecordd of pproducct recceipt and ccompleete paaymentt.maximizze thee convversioon of custoomer aarrivaals t

51、oo custtomer orderrs.ensure that orderrs aree quicckly aand acccurattely eentereed andd commmunicaated tto othher afffecteed suppply cchain proceesses.none off the aboveeAnswer: dDifficuulty: EasyThe pussh/pulll vieew of the ssupplyy chaiin is usefuul wheen connsiderring sstrateegic ddecisiions rrel

52、atiing too suppply chhain ddesignn, beccauseit cateegorizzes prrocessses baased oon wheether they are iinitiaated iin ressponsee to oor in anticcipatiion off custtomer orderrs.it speccifiess the roless and respoonsibiilitiees of each membeer of the ssupplyy chaiin.it cleaarly ddefinees thee proccess

53、ess invoolved and tthe owwners of eaach prrocesss.it focuuses oon proocessees thaat aree exteernal to thhe firrm.it focuuses oon proocessees thaat aree inteernal to thhe firrm.Answer: aDifficuulty: HardWhich oof thee folllowingg stattementts aboout puull prrocessses iss accuurate?May alsso be referr

54、red tto as specuulativve proocessees.Executiion iss inittiatedd in aanticiipatioon of custoomer oorderss.At the time of exxecutiion, ddemandd mustt be fforecaast.May alsso be referrred tto as reacttive pprocessses.None off the abovee are accurrate.Answer: dDifficuulty: EasyWhich oof thee folllowingg

55、 stattementts aboout puush prrocessses iss accuurate?May alsso be referrred tto as specuulativve proocessees.Executiion iss inittiatedd in rresponnse too custtomer orderrs.At the time of exxecutiion, ddemandd is kknown with certaainty.May alsso be referrred tto as reacttive pprocessses.None off the

56、abovee are accurrate.Answer: aDifficuulty: EasySupply chainn macrro proocessees incclude whichh of tthe foollowiing?Customeer Rellationnship Managgementt (CRMM)Internaal Suppply CChain Managgementt (ISCCM)Supplieer Rellationnship Managgementt (SRMM)all of the aabovenone off the aboveeAnswer: dDiffic

57、uulty: EasyA compaanys compeetitivve strrategyy definess the set oof cusstomerr needds thaat it seekss to ssatisffy thrrough its pproduccts annd serrvicess.specifiies thhe porrtfoliio of new pproduccts thhat itt willl try to deevelopp.specifiies hoow thee markket wiill bee segmmentedd and how tthe p

58、rroductt willl be ppositiioned, pricced, aand prromoteed.determiines tthe naature of prrocureement and ttranspportattion oof matterialls as well as maanufaccture and ddistriibutioon of the pproducct.determiines hhow itt willl obtaain annd maiintainn the approopriatte sett of sskillss and abiliities

59、to meeet cuustomeer neeeds.A compaanys supplly chaain sttrateggydefiness the set oof cusstomerr needds thaat it seekss to ssatisffy thrrough its pproduccts annd serrvicess.specifiies thhe porrtfoliio of new pproduccts thhat itt willl try to deevelopp.specifiies hoow thee markket wiill bee segmmented

60、d and how tthe prroductt willl be ppositiioned, pricced, aand prromoteed.determiines tthe naature of prrocureement and ttranspportattion oof matterialls as well as maanufaccture and ddistriibutioon of the pproducct.determiines hhow itt willl obtaain annd maiintainn the approopriatte sett of sskillss

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