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Enviado por   •  3 de Julio de 2017  •  Ensayos  •  3.021 Palabras (13 Páginas)  •  200 Visitas

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FINAL EXAM KEY

SUPPLY CHAIN MANAGEMENT

Instrucciones:

  • Al  término del examen se devolverán las hojas de enunciados.
  • El uso de útiles es personal. No se permite el uso de ningún tipo de apuntes.
  • Redacte todas sus respuestas en el cuadernillo.
  • Escriba con lapicero y no con lápiz
  • Trabaje con orden y limpieza.
  • Durante la evaluación, los celulares deben permanecer apagados.
  • Duración: 120 minutos
  • Fecha: 04.07.2016

Note: This test will be written and answered in English, please write clearly and concise. Pay attention to proper grammar and spelling. Total marks: 100

PART I: THEORY

A. MULTIPLE CHOICE QUESTIONS                                                         18 MARKS

Identify correctly the concepts related to the supply chain management and choose the best alternative in each of the following:                                                                  

1. The use of differential pricing should                                                        3 marks

  1. decrease total profits for a firm.
  2. increase total profits for a firm.
  3. increase capacity for a firm.
  4. decrease capacity utilization for a firm.
  5. None of the above are true.

2. To successfully use revenue management when serving multiple customer segments, a firm must use which of the following tactics effectively?                 3 marks

  1. price based on the value assigned by each segment
  2. use different prices for each segment
  3. forecast at the segment level
  4. all of the above
  5. a and b only

3. Actions taken in the course of placing and filling orders that lead to an increase in variability are referred to as                                                                 3 marks

  1. incentive obstacles.
  2. information processing obstacles.
  3. operational obstacles.
  4. pricing obstacles.
  5. behavioral obstacles.

       

4. Aligning goals and incentives within the supply chain will                                 3 marks

  1. improve coordination within the supply chain.
  2. encourage every participant in supply chain activities to maximize total supply chain profits.
  3. reduce demand uncertainty.
  4. all of the above
  5. a and b only

5. Supplier characteristics such as lead time, reliability, quality, and design capability that impact the total cost of doing business with a supplier should be considered during the process of                                                                                  3 marks

  1. procurement.
  2. sourcing.
  3. supplier scoring and assessment.
  4. supplier selection.
  5. none of the above.

6. The role of sourcing planning and analysis is                                             3 marks

  1. to analyze spending across various suppliers and component categories to identify opportunities for decreasing the total cost.
  2. to analyze spending across various suppliers and component categories to identify opportunities for increasing the total cost.
  3. to enable orders to be placed and delivered on schedule at the lowest possible overall cost.
  4. to enable orders to be placed and delivered on schedule regardless of cost.
  5. none of the above.

B. TRUE/FALSE                                                                                  12 MARKS

1. Analyze the following statements and determine if they are TRUE (T) or FALSE (F).  

   

1. There are many supplier characteristics other than price, such as lead time, reliability, quality, and design capability that impact the total cost of doing business with a supplier.

T

2. When designing a sourcing strategy, it is important for a firm to be clear on the factors that have the least influence on performance and target improvement on those areas.

F

3. Exchange rates, taxes, and duties can be significant for a firm with a global manufacturing and supply base.

T

4. The fact that each stage in a supply chain forecasts demand based on the stream of orders received from the downstream stage results in an increase in forecast accuracy as we move up the supply chain from the retailer to the manufacturer.

F

5. Lot size based quantity discounts reduce the bullwhip effect within the supply chain.

F

6. Sharing of POS data helps reduce the bullwhip effect because it allows each stage of the supply chain to use orders from the previous stage to forecast future demand.

F

7. As the uncertainty of supply or demand grows, the required level of safety inventories increases.

T

8. Order fill rate is the fraction of product demand that is satisfied from product in inventory.

F

9. With continuous review, inventory is continuously tracked and an order for a lot size Q is placed at regular intervals of time.

F

10. Supply chain managers are able to increase their forecast accuracy as lead times decrease, which allows them to better match supply with demand and increase supply chain profitability.

T

11. Manufacturers can use buy-back contracts to increase their own profits as well as total supply chain profits.

T

12. A high level of product availability requires less inventory, which will keep costs down for the supply chain.

F

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