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- 1.Which of the following pertains to an efficient supply chain? A)It deals with innovative products B)The product life cycle will be short C)It is worthwhile to invest in good forecasting systems D)All of the above PS: OPTION D INCORRECT 2.Which of the following will have lesser bullwhip effect in a supply chain? A)Supply Chain co-ordination B)Opening more stocking points closer to the point of consumption C)Empowering the lower echelons of the inventory to take decisions on fulfilling the demand D)All of the above PS: OPTION B INCORRECT1.Which of the following pertains to an efficient supply chain? A)It deals with innovative products B)The product life cycle will be short C)It is worthwhile to invest in good forecasting systems D)All of the above 2.Which of the following costs do not come under inventory carrying cost calculation? A)Investment in a software for updating stock position online B)Investment in stores space C)Salaries of procurement personnel D)Cost of maintaining the inventory stocks 3.Which of the following will have lesser bullwhip effect in a supply chain? A)Supply Chain co-ordination B)Opening more stocking points closer to the point of consumption C)Empowering the lower echelons of the inventory to take decisions on fulfilling the demand D)All of the above15 What to purchase and when to purchase are strategic supply chain decisions. Select one: a. False b. True
- 2 ) While design for manufacturing often focuses on aspects of product fabrication, this type of analysis addresses many processes that can affect the supply chain. Explain how each of the factors of “Design for Manufacturing” can impact onthe supply chain process of Whirlpool Corporation. Note this is not an essay question.Q2. Compare the performance of the following two suppliers based on the SCOR model we covered in terms of reliability, responsiveness, and cost. Supplier1 Supplier2 Supplier3 Total perfect orders fulfilled 19 13 17 Sum of actual cycle times for all orders delivered 1 days 1,5 days 2 days Total number of orders 25 15 17 Total number of orders delivered 21 14 17 Unit Cost to plan and source 20 TL 20TL 19TL Unit Cost to deliver 5TL 5TL 5,2TL Unit Cost to return 4TL 4TL 4TLEcho’s revenue jumped 23 percent year over year in the third quarter to $691.5 million after declining 7 percent in the second quarter, as retail and industrial freight demand increased. “We’ve had strong truckload market conditions ever since the trough in April,” Waggoner said. Q3 truckload volume was up 13.6 percent from a year ago, and truckload revenue 32.3 percent. Can you infer the truckload average price change from the data above? Given these numbers, how much should the truckload volume increase for the prices to go back to where they were a year ago if the price elasticity of demand is -2?
- Question (1): Answer the following questions: Multiple- Choice Questions Decisions related to planning & control systems of operations ______________. Structure Infrastructure Product Technology. Process Technology. When managers Focus on Setting the direction for the entire company; this indicates_____________ Decisions. Strategic Tactical Trade-offs Competitive Question: Answer the following problem: A company makes bicycles has an annual demand of 5000. They want to determine Economic Order Quantity for bicycles which have an annual holding cost (H) of $5/unit, and an ordering cost (S) of $50. They want to calculate TC and the reorder point (R) if the purchasing lead time is 5 days.Q.7 How do supply chain management activities differ between services and manufacturing companies? In what ways are these activities alike? Q.8 Describe the four perspectives of the balanced scorecard. How is this model different from a set of world-class performance measures?Great American Inc. (GA), a California based construction company, has been buying wooden floor plate from Davidson Supply (DS) for the last 3 years. Mr. Gordon Shuttle, the GA Purchasing Director, so far, is satisfied with DS services, including product quality and on-time delivery services. Due to the keen competition in the industry in recent year, GA management decided to review DS’s overall supply performance.a) What kinds of challenges that GA should consider? b) If GA decides not to use DS’s supply in future, what will be GA’s otheroptions? c) What kinds of risks GA may face if taking such options?
- Q: 03. [10]Which is more effective technique; Push-based Supply Chain management or Pull-based Supply chain management? Provide a scenario where Push-based is effective and another scenario where pull-based could be effective. To the point answer is required.1. Supply Chain focuses only on the physical movement of material and supplies Select one: a. False b. True 2. One of the other departments or functions within an organisation is referred to as servitization. Which of the following statements describes servitization. Select one: a. A transformation process wherein production organisations embrace a service orientation and/or develop more and better services b. Selling the goods or services of the organisation c. Purchasing raw materials, machinery and equipment for the organisation d. Providing management with the relevant information that will enable it to manage effectively and efficiently 3. For each supply chain driver, managers must make tradeoffs between Select one: a. Efficiency and responsiveness b. Costs and benefits c. Time and responsiveness d. Cost and performance e. Value addition The Certainty in decision environment of strategic decisions alludes to: Select one: a. Costly…Jordan Airline routinely overbooks its flights from Dallas to Florida. Overbooking discounted seats can be expensive because providing a bumped passenger with a last-minute flight on a competing carrier can cost $2,200. A 150-passenger jet costs about $150,000 to operate from Raleigh to Atlanta. The average ticket price is $2,000. Table. The frequency of no-shows NO-SHOWS FREQUENCY 1 15 2 10 3 10 4 5 5 5 6 5 a. how many seats should be overbooked? (show your calculations) b. Korean Airline increased the average ticket price from $2,000 to $3,000 on its Atlanta/Seoul route for the holidays. How would the increased ticket price affect the number of seats overbooked? (show your calculations)