SUPPLY CHAIN MANAGEMENT EXAM 4
QUESTIONS AND 100% CORRECT
ANSWERS!!
This obstacle to supply chain coordination falls into the category of?
Incentive obstacles
The sales typically measured by a manufacturer are...
A) the quantity sold to final customers (sell-through)
B) the quantity sold to distributors or retailers (sell-in)
C) the quantity reported by the salesperson
D) All of the above
E) None of the above
B) the quantity sold to distributors or retailers (sell-in)
The lack of coordination within a supply chain will result in a decrease in...
A) manufacturing cost
B) inventory cost
C) replenishment lead time
D) level of product availability
E) transportation cost
D) level of product availability
One replenishment system that assigns replenishment responsibility to a single entity in a
supply chain is...
A) coordinated stocking
B) a vendor managed inventory or continuous replenishment program
,C) a sell-in to sell-through system
D) owner managed inventory
B) vendor managed inventory or continuous replenishment program
Actions taken in the course of placing and filling orders that lead to an increase in
variability are referred to as...
A) incentive obstacles
B) information processing obstacles
C) operational obstacles
D) pricing obstacles
C) operational obstacles
A manufacturer with significant market power should use...
A) two-part tariffs and volume discounts to achieve coordination.
B) lot-size-based quantity discounts to achieve coordination.
C) forward-buying with retail coupons to achieve coordination.
D) liquidators and reverse-buying to achieve coordination.
A) two-part tariffs and volume discounts to achieve coordination
The practice of combining shipments for several retailers on the same truck is known as...
a milk run
The bullwhip effect causes...
A) maximization of supply chain surplus
B) less need for aggregate planning
C) different stages of the supply chain to have a very different estimate of what demand
looks like
D) improved accuracy of demand information within the supply chain
, C) different stages of the supply chain to have a very different estimate of what demand looks
like
Lot sized based quantity discounts reduce the bullwhip effect within the supply chain?
T/F
False
The bullwhip effect reduces the profitability of a supply chain by making it simpler to
provide a given level of product availability?
T/F
False
Supply chain coordination requires each stage of the supply chain to take into account the
impact its actions have on the other stages.
T/F
True
Improperly structured sales force incentives are a significant obstacle to coordination in
the supply chain?
T/F
True
The bullwhip effect moves a supply chain...
A) toward the efficient frontier by increasing cost and decreasing responsiveness
B) toward the efficient frontier by increasing cost and increasing responsiveness
C) away from the efficient frontier by decreasing cost and increasing responsiveness
D) away from the efficient frontier by increasing costs and decreasing responsiveness
QUESTIONS AND 100% CORRECT
ANSWERS!!
This obstacle to supply chain coordination falls into the category of?
Incentive obstacles
The sales typically measured by a manufacturer are...
A) the quantity sold to final customers (sell-through)
B) the quantity sold to distributors or retailers (sell-in)
C) the quantity reported by the salesperson
D) All of the above
E) None of the above
B) the quantity sold to distributors or retailers (sell-in)
The lack of coordination within a supply chain will result in a decrease in...
A) manufacturing cost
B) inventory cost
C) replenishment lead time
D) level of product availability
E) transportation cost
D) level of product availability
One replenishment system that assigns replenishment responsibility to a single entity in a
supply chain is...
A) coordinated stocking
B) a vendor managed inventory or continuous replenishment program
,C) a sell-in to sell-through system
D) owner managed inventory
B) vendor managed inventory or continuous replenishment program
Actions taken in the course of placing and filling orders that lead to an increase in
variability are referred to as...
A) incentive obstacles
B) information processing obstacles
C) operational obstacles
D) pricing obstacles
C) operational obstacles
A manufacturer with significant market power should use...
A) two-part tariffs and volume discounts to achieve coordination.
B) lot-size-based quantity discounts to achieve coordination.
C) forward-buying with retail coupons to achieve coordination.
D) liquidators and reverse-buying to achieve coordination.
A) two-part tariffs and volume discounts to achieve coordination
The practice of combining shipments for several retailers on the same truck is known as...
a milk run
The bullwhip effect causes...
A) maximization of supply chain surplus
B) less need for aggregate planning
C) different stages of the supply chain to have a very different estimate of what demand
looks like
D) improved accuracy of demand information within the supply chain
, C) different stages of the supply chain to have a very different estimate of what demand looks
like
Lot sized based quantity discounts reduce the bullwhip effect within the supply chain?
T/F
False
The bullwhip effect reduces the profitability of a supply chain by making it simpler to
provide a given level of product availability?
T/F
False
Supply chain coordination requires each stage of the supply chain to take into account the
impact its actions have on the other stages.
T/F
True
Improperly structured sales force incentives are a significant obstacle to coordination in
the supply chain?
T/F
True
The bullwhip effect moves a supply chain...
A) toward the efficient frontier by increasing cost and decreasing responsiveness
B) toward the efficient frontier by increasing cost and increasing responsiveness
C) away from the efficient frontier by decreasing cost and increasing responsiveness
D) away from the efficient frontier by increasing costs and decreasing responsiveness
