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Exam (elaborations)

Test Bank for Designing and Managing the Supply Chain, 4th Edition by Simchi-Levi

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Test Bank for Designing and Managing the Supply Chain 4e 4th Edition by David Simchi-Levi, Philip Kaminsky and Edith Simchi-Levi. ISBN 7709 Full Chapters test bank included CHAPTER 1: INTRODUCTION TO SUPPLY CHAIN MANAGEMENT Chapter 1 Introduction 1.1 What Is Supply Chain Management? 1.2 The Development Chain 1.3 Global Optimization 1.4 Managing Uncertainty and Risk 1.5 Supply Chain Segmentation and Customer Value Proposition 1.6 The Evolution of Supply Chain Management 1.7 The Complexity 1.8 Key Issues in Supply Chain Management 1.9 Book Objectives and Overview Discussion Questions References CHAPTER 2: INVENTORY MANAGEMENT AND RISK POOLING Chapter 2 Introduction 2.1 Introduction 2.2 Single-Stage Inventory Control 2.2.1 Stable Demand—the Economic Lot Size Model 2.2.2 Known Demand Changing Over Time 2.2.3 The Effect of Demand Uncertainty 2.2.4 Single Period Models 2.2.5 Initial Inventory 2.2.6 The Newsvendor Model 2.2.7 Multiple Order Opportunities 2.2.8 Continuous Review Policy 2.2.9 Variable Lead Times 2.2.10 Periodic Review Policy 2.2.11 Service Level Optimization 2.3 Risk Pooling 2.4 Centralized Versus Distributed Systems 2.5 Managing Inventory In The Supply Chain 2.6 Practical Issues 2.7 Forecasting 2.7.1 Judgment Methods 2.7.2 Market Research Methods 2.7.3 Time-Series Methods 2.7.4 Causal Methods 2.7.5 Selecting the Appropriate Forecasting Technique Summary Discussion Questions References CHAPTER 3: NETWORK PLANNING Chapter 3 Introduction 3.1 Introduction 3.2 Network Design 3.2.1 Data Collection 3.2.2 Data Aggregation 3.2.3 Transportation Rates 3.2.4 Mileage Estimation 3.2.5 Warehouse Costs 3.2.6 Warehouse Capacities 3.2.7 Potential Warehouse Locations 3.2.8 Service Level Requirements 3.2.9 Future Demand 3.2.10 Model and Data Validation 3.2.11 Solution Techniques 3.2.12 Key Features of a Network Configuration SCP 3.3 Inventory Positioning and Logistics Coordination 3.3.1 Strategic Safety Stock 3.3.2 Integrating Inventory Positioning and Network Design 3.4 Resource Allocation Summary Discussion Questions References CHAPTER 4: SUPPLY CONTRACTS Chapter 4 Introduction 4.1 Introduction 4.2 Strategic Components 4.2.1 Supply Contracts 4.2.2 Limitations 4.3 Contracts for Make-to-Stock/Make-to-Order Supply Chains 4.4 Contracts With Asymmetric Information 4.5 Contracts for Nonstrategic Components Summary Chapter 4 Spreadsheet Discussion Questions References CHAPTER 5: THE VALUE OF INFORMATION Chapter 5 Introduction 5.1 Introduction 5.2 The Bullwhip Effect 5.2.1 Quantifying the Bullwhip Effect* 5.2.2 The Impact of Centralized Information on the Bullwhip Effect 5.2.3 Methods for Coping with the Bullwhip Effect 5.3 Information Sharing and Incentives 5.4 Effective Forecasts 5.5 Information for the Coordination of Systems 5.6 Locating Desired Products 5.7 Lead-Time Reduction 5.8 Information and Supply Chain Trade-Offs 5.8.1 Conflicting Objectives in the Supply Chain** 5.8.2 Designing the Supply Chain for Conflicting Goals 5.9 Decreasing Marginal Value of Information Summary Discussion Questions References CHAPTER 6: SUPPLY CHAIN INTEGRATION Chapter 6 Introduction 6.1 Introduction 6.2 Push, Pull, and Push–Pull Systems 6.2.1 Push-Based Supply Chain 6.2.2 Pull-Based Supply Chain 6.2.3 Push–Pull Supply Chain 6.2.4 Identifying the Appropriate Supply Chain Strategy 6.2.5 Implementing a Push–Pull Strategy 6.3 The Impact of Lead Time 6.4 Demand-Driven Strategies 6.5 The Impact of the Internet on Supply Chain Strategies 6.5.1 What Is E-Business? 6.5.2 The Grocery Industry 6.5.3 The Book Industry 6.5.4 The Retail Industry 6.5.5 Impact on Transportation and Fulfillment Summary Discussion Questions References CHAPTER 7: DISTRIBUTION STRATEGIES Chapter 7 Introduction 7.1 Introduction 7.2 Direct Shipment Distribution Strategies 7.3 Intermediate Inventory Storage Point Strategies 7.3.1 Traditional Warehousing 7.3.2 Cross-Docking 7.3.3 Inventory Pooling 7.4 Transshipment 7.5 Reverse Logistics 7.6 Selecting An Appropriate Strategy Summary Discussion Questions References CHAPTER 8: STRATEGIC ALLIANCES Chapter 8 Introduction 8.1 Introduction 8.2 A Framework for Strategic Alliances 8.3 Third-Party Logistics 8.3.1 What Is 3PL? 8.3.2 Advantages and Disadvantages of 3PL 8.3.3 3PL Issues and Requirements 8.3.4 3PL Implementation Issues 8.4 Retailer–Supplier Partnerships 8.4.1 Types of RSP 8.4.2 Requirements for RSP 8.4.3 Inventory Ownership in RSP 8.4.4 Issues in RSP Implementation 8.4.5 Steps in RSP Implementation 8.4.6 Advantages and Disadvantages of RSP 8.4.7 Successes and Failures 8.5 Distributor Integration 8.5.1 Types of Distributor Integration 8.5.2 Issues in Distributor Integration Summary Discussion Questions References CHAPTER 9: PROCUREMENT AND OUTSOURCING STRATEGIES Chapter 9 Introduction 9.1 Introduction 9.2 Outsourcing Benefits and Risks 9.3 A Framework for Buy/Make Decisions 9.4 Procurement Strategies 9.4.1 Supplier Footprint 9.5 E-Procurement Summary Discussion Questions References CHAPTER 10: COORDINATED PRODUCT AND SUPPLY CHAIN DESIGN Chapter 10 Introduction 10.1 A general framework 10.2 Design for logistics 10.2.1 Overview 10.2.2 Economic Packaging and Transportation 10.2.3 Concurrent and Parallel Processing 10.2.4 Standardization 10.2.5 Selecting a Standardization Strategy 10.2.6 Important Considerations 10.2.7 The Push-Pull Boundary 10.2.8 Case Analysis 10.3 Supplier integration into new product development 10.3.1 The Spectrum of Supplier Integration 10.3.2 Keys to Effective Supplier Integration 10.3.3 A “Bookshelf” of Technologies and Suppliers 10.4 Mass Customization 10.4.1 What Is Mass Customization? 10.4.2 Making Mass Customization Work 10.4.3 Mass Customization and Supply Chain Management Summary Discussion questions References CHAPTER 11: FLEXIBILITY Chapter 11 Introduction 11.1 Introduction 11.2 The Concept 11.3 The Impact 11.4 Flexible Operations 11.5 Process Flexibility 11.5.1 Set-Up Times and Costs 11.5.2 U-Shaped Production Lines 11.5.3 Workforce Cross-Training11 Summary Discussion Questions References CHAPTER 12: CUSTOMER VALUE Chapter 12 Introduction 12.1 Introduction 12.2 Product Innovation 12.3 Product selection and availability 12.4 Price and Brand 12.5 Value-Added Services 12.6 Relationships and Experiences Summary Discussion Questions References CHAPTER 13: RISK MANAGEMENT Chapter 13 Introduction 13.1 Introduction 13.2 Many Sources of Risks 13.3 The Risk Exposure Method 13.3.1 The Ford Motor Company 13.4 Managing the Unknown-Unknown 13.4.1 Capacity Redundancy 13.4.2 Speed in Sensing and Responding 13.4.3 Flexible Supply Chain Community 13.5 Managing Global Risks Summary Discussion Questions References CHAPTER 14: SUSTAINABLE SUPPLY CHAINS Chapter 14 Introduction 14.1 Introduction 14.2 Corporate Social Responsibility 14.3 Reducing Supply Chain Emissions 14.3.1 Short-Term Opportunities 14.3.2 Long-Term Opportunities 14.3.3 Analysis Summary Discussion Questions References CHAPTER 15: SMART PRICING Chapter 15 Introduction 15.1 Introduction 15.2 Price and Demand 15.3 New Frontier in Price Optimization 15.3.1 The Challenge and the Approach 15.3.2 Forecast and Price Optimization at Rue La La 15.3.3 Learning and Price Optimization at Groupon 15.4 Markdowns 15.5 Price Differentiation 15.6 Revenue Management 15.7 Smart Pricing 15.7.1 Differential Pricing 15.7.2 Dynamic Pricing 15.8 Impact of Strategic Consumer Behavior 15.9 Impact of the Internet 15.10 Caveats Summary Discussion Questions References CHAPTER 16: INFORMATION TECHNOLOGY AND BUSINESS PROCESSES Chapter 16 Introduction 16.1 Introduction 16.2 The Importance of Business Processes 16.3 Goals of Supply Chain it 16.4 Supply Chain Management System Components 16.4.1 Decision-Support Systems 16.4.2 IT for Supply Chain Excellence 16.5 Sales and Operations Planning 16.6 Integrating Supply Chain Information Technology 16.6.1 Implementation of ERP and DSS 16.6.2 “Best of Breed” versus Single-Vendor ERP Solutions Summary Discussion Questions References CHAPTER 17: TECHNOLOGY STANDARDS Chapter 17 Introduction 17.1 Introduction 17.2 It Standards 17.3 Information Technology Infrastructure 17.3.1 Interface Devices 17.3.2 System Architecture 17.3.3 Electronic Business 17.4 Web Services and Business Processes 17.4.1 SERVICE-ORIENTED ARCHITECTURE (SOA) 17.4.2 SOA and BPM 17.4.3 Microservices 17.5 Blockchain 17.5.1 The advantages 17.5.2 Challenges 17.5.3 Applications 17.5.4 Applications of Blockchain in SCM 17.6 Internet of Things 17.6.1 BlockChain and Internet of Things 17.6.2 Radio frequency identification* 17.6.3 RFID and Point-of-Sale Data 17.6.4 Business Benefits 17.6.5 Supply Chain Efficiency

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CSCP - Certified Supply Chain Professional
Course
CSCP - Certified Supply Chain Professional








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Institution
CSCP - Certified Supply Chain Professional
Course
CSCP - Certified Supply Chain Professional

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Uploaded on
June 28, 2023
Number of pages
51
Written in
2022/2023
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Exam (elaborations)
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Chapter 1
Test Bank Questions

T/F Questions

1. In a typical supply chain, raw materials are procured and items are produced at one or more
factories, shipped to warehouses for intermediate storage, and then shipped to retailers or
customers. (T)

2. The objective of supply chain management is to be efficient and cost-effective across the entire
system. (T)

3. The development chain is the set of activities and processes associated with established
products. (F)

4. The supply chain is a static system that remains largely stable over time. (F)

5. Many companies are discovering that effective supply chain management is the next step they
need to take in order to increase profit and market share. (T)

6. The development chain includes the set of activities associate with new product introduction.
(T)

7. The decision chain does not include decisions such as product architecture. (F)

8. Flexibility in the supply chain can be a tool to help a firm create a competitive advantage, reduce
cost and improve responsiveness. (T)

9. Sustainability in the supply chain includes corporate social responsibility and encompasses the
range of decisions that provide social and environmental benefits. (T)

10. In a typical supply chain, raw materials are procured and items are produced at one or more
factories, shipped to warehouses for intermediate storage, and then shipped to retailers or
customers. (T)




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