SCM Test Review
Study online at https://quizlet.com/_hmty4f
1. The policies, people, and decision rules that affect the culture and operation
of the business are considered:: Infrastructural Elements
2. Value Index: Importance times performance
3. Given the following historical demand, what is the naïve forecast for Week 5?
Week 1 = 9000
Week 2 = 7000
Week 3 = 5000
Week 4 = 3000
Week 5 = Predict using the naïve forecast: Naive forecast- use last week's forecast
Week 5= 3000
4. Given the following historical demand, what is the 4-period (n=4) moving
average forecast for Week 6?
Week 1 = 11000
Week 2 = 10000
Week 3 = 9000
Week 4 = 8000
Week 5 = 7000
Week 6 = Predict using the 4-period (n=4) moving average forecast: 8500
(7000+8000+9000+10000)/4
5. Given the following historical demand, what is the weighted moving average
forecast (0.4, 0.3, 0.3) for Week 6?
Week 1 = 3000
Week 2 = 5000
Week 3 = 7000
Week 4 = 9000
Week 5 = 11000
Week 6 = Predict using the weighted moving average forecast (0.4, 0.3, 0.3): -
Weighted moving average start from most recent data and work your way backwards.
(11000*.4)+(9000*.3)+ (7000*.3)= 9200
1/8
, SCM Test Review
Study online at https://quizlet.com/_hmty4f
6. The decision to purchase additional production machinery is considered a:: -
Structural decision
7. The opening video of Session 01 highlighted the position of a Merchandise
Planner, within Supply Chain at the company, Sephora. This Merchandise Plan-
ner, Brianna, mentions that to be successful in Supply Chain Management, one
should possess:: A curiosity for learning because Supply Chain Management involves "playing in the grey area"
where there are a range of possible answers to problems.
8. Session 02 featured Cedric Bandoh, who is a rising executive in Supply Chain
Management at Hewlett Packard. Cedric described the reason(s) that HP re-
cruits heavily from our Bauer Supply Chain Management majors as:: Many executives
at HP, including the VP of Procurement ("Buy" Function), have degrees from Bauer. Also, our SCM majors obtain the
breadth and depth of knowledge within their classes that have proven, over time, to enable our graduates to be
successful in their careers.
9. There will be six open book quizzes. Each quiz will consist of 20 multiple choice
questions that must be answered within 5 hours of starting the quiz.
Quiz 1 & 2 have due dates (on the schedule) before Exam 1.
Quiz 3 & 4 have due dates (on the schedule) before Exam 2.
Quiz 5 & 6 have due dates (on the schedule) before Exam 3.
Quizzes are always due to be COMPLETED no later than 11:59pm on the due
date.
The quiz grade will be visible in the "Grades" section the day after the Quiz Due
Date.
Details about the quiz results will ONLY be available:: The day after the due date for each
quiz as listed in the course schedule.
10. Bauer's Supply Chain Management student organization provides network-
ing opportunities and dinner meetings with hiring managers, Supply Chain
Management focused resume workshops and mock interviews facilitated by
hiring managers from the companies that hire our students, Supply Chain
Management Only recruiting events and job fairs, as well as fun social events.
And they have events that are open to all majors as well. If you are considering
becoming a Supply Chain Management major, this organization will help you
to learn more about the major and will prepare you to be successful in your
2/8
Study online at https://quizlet.com/_hmty4f
1. The policies, people, and decision rules that affect the culture and operation
of the business are considered:: Infrastructural Elements
2. Value Index: Importance times performance
3. Given the following historical demand, what is the naïve forecast for Week 5?
Week 1 = 9000
Week 2 = 7000
Week 3 = 5000
Week 4 = 3000
Week 5 = Predict using the naïve forecast: Naive forecast- use last week's forecast
Week 5= 3000
4. Given the following historical demand, what is the 4-period (n=4) moving
average forecast for Week 6?
Week 1 = 11000
Week 2 = 10000
Week 3 = 9000
Week 4 = 8000
Week 5 = 7000
Week 6 = Predict using the 4-period (n=4) moving average forecast: 8500
(7000+8000+9000+10000)/4
5. Given the following historical demand, what is the weighted moving average
forecast (0.4, 0.3, 0.3) for Week 6?
Week 1 = 3000
Week 2 = 5000
Week 3 = 7000
Week 4 = 9000
Week 5 = 11000
Week 6 = Predict using the weighted moving average forecast (0.4, 0.3, 0.3): -
Weighted moving average start from most recent data and work your way backwards.
(11000*.4)+(9000*.3)+ (7000*.3)= 9200
1/8
, SCM Test Review
Study online at https://quizlet.com/_hmty4f
6. The decision to purchase additional production machinery is considered a:: -
Structural decision
7. The opening video of Session 01 highlighted the position of a Merchandise
Planner, within Supply Chain at the company, Sephora. This Merchandise Plan-
ner, Brianna, mentions that to be successful in Supply Chain Management, one
should possess:: A curiosity for learning because Supply Chain Management involves "playing in the grey area"
where there are a range of possible answers to problems.
8. Session 02 featured Cedric Bandoh, who is a rising executive in Supply Chain
Management at Hewlett Packard. Cedric described the reason(s) that HP re-
cruits heavily from our Bauer Supply Chain Management majors as:: Many executives
at HP, including the VP of Procurement ("Buy" Function), have degrees from Bauer. Also, our SCM majors obtain the
breadth and depth of knowledge within their classes that have proven, over time, to enable our graduates to be
successful in their careers.
9. There will be six open book quizzes. Each quiz will consist of 20 multiple choice
questions that must be answered within 5 hours of starting the quiz.
Quiz 1 & 2 have due dates (on the schedule) before Exam 1.
Quiz 3 & 4 have due dates (on the schedule) before Exam 2.
Quiz 5 & 6 have due dates (on the schedule) before Exam 3.
Quizzes are always due to be COMPLETED no later than 11:59pm on the due
date.
The quiz grade will be visible in the "Grades" section the day after the Quiz Due
Date.
Details about the quiz results will ONLY be available:: The day after the due date for each
quiz as listed in the course schedule.
10. Bauer's Supply Chain Management student organization provides network-
ing opportunities and dinner meetings with hiring managers, Supply Chain
Management focused resume workshops and mock interviews facilitated by
hiring managers from the companies that hire our students, Supply Chain
Management Only recruiting events and job fairs, as well as fun social events.
And they have events that are open to all majors as well. If you are considering
becoming a Supply Chain Management major, this organization will help you
to learn more about the major and will prepare you to be successful in your
2/8
