Supply Chain Management&Statistical Quality Control

3224 Words13 Pages
Examination Paper of Supply Chain Management

IIBM Institute of Business Management
Examination Paper

MM.100

Supply Chain Management
Section A: Objective Type (30 marks)




This section consists of Multiple Choice questions& Short Answer type questions.
Answer all the questions.
Part One questions carry 1 mark each & Part Two questions carry 2 marks each.

Part One:
Multiple Choices:
1. When demand is steady, the cycle inventory for a given lot size (Q) is given by
a. Q/4
b. Q/8
c. Q/6
d. Q/2
2. There are two firms ‘x’ and ‘y’ located on a line of distance demand(0-1) at ‘a’ and ‘b’ respectively, the customers are uniformly located on the line, on keeping the fact of splitting of market, the demand of firm
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Is commonality justified across all variants?
3. At what cost of commonality will complete commonality be justified?
4. At what cost of commonality will commonality across the low-volume variants be justified?
Caselet 2
An electronic manufacturer has outsourced production of its latest MP3 player to a contract manufacturer in Asia. Demand for the players has exceeded all expectations whereas the contract manufacturers sell three types of players- a 40-GB player, a 20-GB player, 6-GB player. For the upcoming holiday season, the demand forecast for the 40-GB player is normally distributed, with a mean of 20,000and a standard deviation Dard deviation of 11,000, and the demand forecast for the 6GB player has a mean of 80,000 and a standard deviation of 16,000. The 40-GB player has a sale price of $200, a production cost of $100, and a salvage value of $80 .The 20-GB player has a price of
$150, a production cost of $70, and a salvage value of $50.
3
IIBM Institute of Business Management

Examination Paper of Supply Chain Management

1. How many units of each type of player should the electronics manufacturer order if there are no capacity constraints?
2. How many times of each type of player should the electronics manufacturer order if the available is 140,000? What is the expected profit?

END OF SECTION B
Section C: Applied Theory (30 marks)





This section consists of Long Questions.
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