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Exam (elaborations)

MISC || with Error-free Answers.

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1. A major technique in DRP systems is the ____________ record. correct answers DRP 2. Customer purchases are generally part of _________ demand. correct answers Independent 3. The time-phased order point (TPOP) approach uses what type of data to determine requirements? correct answers Forcast 4. DRP systems can utilize both safety stock and safety lead time? (True/False) correct answers True 5. When stages of the supply chain are considered separately, sub-optimization is likely to occur? correct answers True 6. In general, shipping full loads will be less costly (per unit) than using the services of a less than carload (LCL) carrier? (True/False correct answers True 7. Warehouses are beneficial to customers in terms of both __________ and _________. correct answers Time and place utillity 8. When the safety stock requirements of several warehouses are consolidated to a single location the total required stock is likely to increase? (True/False correct answers false 9. Base stock systems reduce or eliminate the bullwhip effect? (True/False correct answers TRUE 10. Which one refers to reverse logistics? A) inbound distribution.

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Written in
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MISC || with Error-free Answers.


1. A major technique in DRP systems is the ____________ record. correct answers DRP


2. Customer purchases are generally part of _________ demand. correct answers Independent


3. The time-phased order point (TPOP) approach uses what type of data to determine
requirements? correct answers Forcast


4. DRP systems can utilize both safety stock and safety lead time? (True/False) correct answers
True


5. When stages of the supply chain are considered separately, sub-optimization is likely to occur?
correct answers True


6. In general, shipping full loads will be less costly (per unit) than using the services of a less
than carload (LCL) carrier? (True/False correct answers True


7. Warehouses are beneficial to customers in terms of both __________ and _________. correct
answers Time and place utillity


8. When the safety stock requirements of several warehouses are consolidated to a single location
the total required stock is likely to increase? (True/False correct answers false


9. Base stock systems reduce or eliminate the bullwhip effect? (True/False correct answers
TRUE


10. Which one refers to reverse logistics?
A) inbound distribution.

, B) outbound distribution.
C) Vendor Managed Inventory (VMI).
D) returned goods.
E) retracing the steps in a supply chain. correct answers D) returned goods.


11. One technique for stabilizing the information flow to the Master Scheduler and to the Shop
Floor is firm planned orders (shipments) logic. What is firm planned orders (shipments) logic?
A) To release the purchase orders to the suppliers.
B) To confirm shipment date to the customer.
C) To convert the Planned Order Release in MRP records to Scheduled Receipts.
D) To convert the Planned Shipments in DRP records to In Transit.
E) To allow the scheduler to review the implication of not changing the planned orders
(shipments). correct answers E) To allow the scheduler to review the implication of not changing
the planned orders (shipments).


12. Gathering information from a number of distribution locations and aggregating it at the
manufacturing facility is called:
A) Implosion.
B) Explosion.
C) Break-bulk.
D) Risk-pooling.
E) Inventory rebalancing. correct answers A) Implosion.


13. The local warehouse manager was able to identify several products purchased late in the
month by some large customers. This produced a different demand pattern in the forecast than
the constant weekly demand throughout the month that came from a standard forecasting
software package. The manager modified the forecasts to closely match demand with supply at
this location. This example shows the linkages between:A) Distribution Requirement Planning
and Demand Management.
B) Distribution Requirement Planning and the Marketplace.

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