SCMT2103 PLANNING & SOURCING
(EXAM 2) QUESTIONS AND ANSWERS
Simplified SCOR model - Correct Answers -Using simplified SCOR model for better
understanding
Four categories of operations:
1_ Plan
2_ Source
3_ Make
4_ Deliver
1 Plan - Correct Answers -Operations needed to plan and organize.
* Demand forecasting
* Product pricing
* Inventory management
2 Source - Correct Answers -Operations including necessary activities to acquire inputs
to create products or services.
* Procurement
* Credit and collections
Procurement - Correct Answers -Acquisition of materials and service
Credit collections - Correct Answers -Acquisition of cash
3 Make - Correct Answers -Operations required to develop and build products and
service the supply chain is providing
* Product design
* Production management
, * Facility and management
4 Deliver - Correct Answers -Operations of receiving customer orders and delivering the
products to customers.
* Order Management
* Product delivery
And Delivery scheduling
* Return processing
Core connections between companies in supply chain - Correct Answers -*
Management
* Product delivery
* Return processing
Demand Forecasting and planning (Plan) - Correct Answers -All forecasts deal with four
major variable that combine to determine what market conditions will be like.
1 Supply
2 Demand
3 Product characteristics
4 Competitive environment
Supply - Correct Answers -Determined by the number of producers of a product and by
the lead times.
More producers shorter lead times, more predictable the variable.
Few suppliers or longer lead times, more potential fir uncertainty in market.
Demand - Correct Answers -Demand growing or declining?
Yearly or Quarterly rate of growth or decline?
market is mature and demand is steady predictable for years?
Seasonal demand! like skis and heating oil in winter, tennis rackets and sun screen in
summer
New product or service with not much data and customers are getting introduced to it?
Product characteristics - Correct Answers -Features of a product that influence
customer demand.
(EXAM 2) QUESTIONS AND ANSWERS
Simplified SCOR model - Correct Answers -Using simplified SCOR model for better
understanding
Four categories of operations:
1_ Plan
2_ Source
3_ Make
4_ Deliver
1 Plan - Correct Answers -Operations needed to plan and organize.
* Demand forecasting
* Product pricing
* Inventory management
2 Source - Correct Answers -Operations including necessary activities to acquire inputs
to create products or services.
* Procurement
* Credit and collections
Procurement - Correct Answers -Acquisition of materials and service
Credit collections - Correct Answers -Acquisition of cash
3 Make - Correct Answers -Operations required to develop and build products and
service the supply chain is providing
* Product design
* Production management
, * Facility and management
4 Deliver - Correct Answers -Operations of receiving customer orders and delivering the
products to customers.
* Order Management
* Product delivery
And Delivery scheduling
* Return processing
Core connections between companies in supply chain - Correct Answers -*
Management
* Product delivery
* Return processing
Demand Forecasting and planning (Plan) - Correct Answers -All forecasts deal with four
major variable that combine to determine what market conditions will be like.
1 Supply
2 Demand
3 Product characteristics
4 Competitive environment
Supply - Correct Answers -Determined by the number of producers of a product and by
the lead times.
More producers shorter lead times, more predictable the variable.
Few suppliers or longer lead times, more potential fir uncertainty in market.
Demand - Correct Answers -Demand growing or declining?
Yearly or Quarterly rate of growth or decline?
market is mature and demand is steady predictable for years?
Seasonal demand! like skis and heating oil in winter, tennis rackets and sun screen in
summer
New product or service with not much data and customers are getting introduced to it?
Product characteristics - Correct Answers -Features of a product that influence
customer demand.
