BUAD 331 EXAM 3 QUESTIONS WITH VERIFIED
ACCURATE ANSWERS
Which of the following is not a technique for fulfilling customer orders? - Answers -
Supply cycle time
Ted's Wicked Dive Shop needs to put together a re-order plan for breathing regulators.
Given that this product is high cost and highly customized in order to meet the unique
demands of different divers, Ted should realize which of the following strategies? -
Answers -Order regulators based on actual customer orders and work with supplier to
quickly configure and ship the regulators directly to customers
If average daily demand for a product is 5 units and average lead-time for an order to
arrive is 7 days, what is the re-order point (ROP) for the product? - Answers -35 units
Ted and his friend Matt start a new company called Crabman Auto Parts. They have
heard about agile order fulfillment and are interested in implementing it to decrease
costs.
Which of the following best describes the strategy Crabman Auto Parts should follow to
take advantage of agile order fulfillment? - Answers -Synchronize information exchange
across the supply chain and form strategic relationships with key customers and
suppliers
The move to lean and then responsive value creation requires a paradigm shift from a
______ mentality to a customer ______ mentality. - Answers -Product-focused push,
demand-focused pull
Ted wanted to paint his upstairs hallway. He selected 4 different colors of brown/beige
and chose "Puppy Paws," which Lowe's mixed for him on site. This method of order
fulfillment is an example of ______. - Answers -Manufacturing or form postponement
Ordering supplies twice per year vs. four times per year can result in _______ due to
______? - Answers -Higher inventory carrying costs, and higher average inventory
levels
What are the four stages in the Product Life Cycle? - Answers -Introduction
Growth
Maturity
Decline
What type of supply chain would be most appropriate during the introductory and growth
stages due to demand being highly unpredictable? - Answers -Response
ACCURATE ANSWERS
Which of the following is not a technique for fulfilling customer orders? - Answers -
Supply cycle time
Ted's Wicked Dive Shop needs to put together a re-order plan for breathing regulators.
Given that this product is high cost and highly customized in order to meet the unique
demands of different divers, Ted should realize which of the following strategies? -
Answers -Order regulators based on actual customer orders and work with supplier to
quickly configure and ship the regulators directly to customers
If average daily demand for a product is 5 units and average lead-time for an order to
arrive is 7 days, what is the re-order point (ROP) for the product? - Answers -35 units
Ted and his friend Matt start a new company called Crabman Auto Parts. They have
heard about agile order fulfillment and are interested in implementing it to decrease
costs.
Which of the following best describes the strategy Crabman Auto Parts should follow to
take advantage of agile order fulfillment? - Answers -Synchronize information exchange
across the supply chain and form strategic relationships with key customers and
suppliers
The move to lean and then responsive value creation requires a paradigm shift from a
______ mentality to a customer ______ mentality. - Answers -Product-focused push,
demand-focused pull
Ted wanted to paint his upstairs hallway. He selected 4 different colors of brown/beige
and chose "Puppy Paws," which Lowe's mixed for him on site. This method of order
fulfillment is an example of ______. - Answers -Manufacturing or form postponement
Ordering supplies twice per year vs. four times per year can result in _______ due to
______? - Answers -Higher inventory carrying costs, and higher average inventory
levels
What are the four stages in the Product Life Cycle? - Answers -Introduction
Growth
Maturity
Decline
What type of supply chain would be most appropriate during the introductory and growth
stages due to demand being highly unpredictable? - Answers -Response
