Question 1

Which of the following is considered a criticism of lean supply?

Accepted Answer

A)  It can make supply chains too rigid. 
B)  It can increases inventories. 
C)  It can slow processes. 
D)  It can increase cost of stock holding. 
A)  It can make supply chains too rigid. 
B)  It can increases inventories. 
C)  It can slow processes. 
D)  It can increase cost of stock holding.

Question 2

Where demand is uncertain, a key purchasing objective will be:

Accepted Answer

A)  Dependable delivery 
B)  Low price 
C)  High quality 
D)  Fast delivery 
A)  Dependable delivery 
B)  Low price 
C)  High quality 
D)  Fast delivery

Question 3

One of the great advantages of EDI is that it usually means that greater quantities of goods can be
ordered with more confidence that they will meet the needs of the operation.

Accepted Answer

A) True 
 B)False

Question 4

The Forrester effect shows that inaccuracies increase further upstream in the supply chain.

Accepted Answer

A) True 
 B)False

Question 5

Historically, which objective has been emphasised in purchasing theory and practice?

Accepted Answer

A)  Speed 
B)  Dependability 
C)  Quality 
D)  Price 
A)  Speed 
B)  Dependability 
C)  Quality 
D)  Price

Question 6

Expediters are said to 'chase' the order, an activity that adds no value to the transaction and is now
seen as a failure to improve the root cause of lateness.

Accepted Answer

A) True 
 B)False

Question 7

Single-sourcing from one supplier does NOT encourage which of the following outcomes:

Accepted Answer

A)  Potentially higher quality standards are possible 
B)  More economies of scale are possible 
C)  Greater confidentiality is possible 
D)  Contracts are easier to break off 
E)  Cooperation on new products and services is also easier 
A)  Potentially higher quality standards are possible 
B)  More economies of scale are possible 
C)  Greater confidentiality is possible 
D)  Contracts are easier to break off 
E)  Cooperation on new products and services is also easier

Question 8

In retail operations, the purchasing task is frequently combined with the sales and physical distribution task. This term is called:

Accepted Answer

A)  Materials management 
B)  Merchandising 
C)  Retail supply management 
D)  Retail procurement 
A)  Materials management 
B)  Merchandising 
C)  Retail supply management 
D)  Retail procurement

Question 9

Reduction in inventory is an important part of reducing supply chain pipeline time.

Accepted Answer

A) True 
 B)False

Question 10

The term used to describe the flexibility to deal with demand volatility in a supply chain is
responsiveness.

Accepted Answer

A) True 
 B)False

Question 11

Supply chains need to be sufficiently flexible to cope with demand uncertainty and the disruption that often stems from it. The term used to describe this type of responsive flexibility is:

Accepted Answer

A)  Robustness 
B)  Agility 
C)  Flexibility 
D)  Responsiveness 
A)  Robustness 
B)  Agility 
C)  Flexibility 
D)  Responsiveness

Question 12

If the operation is low cost and high utilisation and the market requirements are predictable with few changes, that is:

Accepted Answer

A)  Match 
B)  Mismatch 
A)  Match 
B)  Mismatch

Question 13

Supplier quality assurance (SQA) programmes monitor and improve the levels of supplier quality, partly by assessing capability in terms of:

Accepted Answer

A)  Procedures, training, equipment and price 
B)  Price, systems and delivery speed 
C)  Procedures, equipment, delivery speed and price 
D)  Systems, training, procedures and equipment 
A)  Procedures, training, equipment and price 
B)  Price, systems and delivery speed 
C)  Procedures, equipment, delivery speed and price 
D)  Systems, training, procedures and equipment

Question 14

The concept of lean supply can often be in conflict with moving towards agile supply chains.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is an element of the lean supply chain approach?

Accepted Answer

A)  Continuous improvement of supplier performance. 
B)  Breakthrough improvement of supplier performance. 
C)  Emphasis on pull planning and control. 
D)  Transparency in terms of costs, quality and delivery schedules. 
A)  Continuous improvement of supplier performance. 
B)  Breakthrough improvement of supplier performance. 
C)  Emphasis on pull planning and control. 
D)  Transparency in terms of costs, quality and delivery schedules.

Question 16

Is the supply chain relationship primarily B2B, B2C, C2B or C2C for an organisation involved in such things as EDI networks.

Accepted Answer

A)  B2C 
B)  C2C 
C)  C2B 
D)  B2B 
A)  B2C 
B)  C2C 
C)  C2B 
D)  B2B

Question 17

What term is commonly used to indicate that the management of the logistics chain is outsourced to a specialist logistics company?

Accepted Answer

A)  Outsource distribution 
B)  Logistics outsourcing 
C)  Distribution outsourcing 
D)  Third-party logistics 
A)  Outsource distribution 
B)  Logistics outsourcing 
C)  Distribution outsourcing 
D)  Third-party logistics

Question 18

It is becoming recognised that there are few benefits to be gained from the management of whole
supply chains.

Accepted Answer

A) True 
 B)False

Question 19

More vulnerable to disruption if a failure to supply occurs is a disadvantage of:

Accepted Answer

A)  Single-sourcing 
B)  Multi-sourcing 
A)  Single-sourcing 
B)  Multi-sourcing

Question 20

The process of shortening pipeline time is called:

Accepted Answer

A)  Supply chain time compression 
B)  Time reduction 
C)  Supply minimisation 
D)  Pipeline reduction 
A)  Supply chain time compression 
B)  Time reduction 
C)  Supply minimisation 
D)  Pipeline reduction

Exam 13: Aggregate Operations Planning and Master Scheduling

Which of the following is considered a criticism of lean supply?

Where demand is uncertain, a key purchasing objective will be:

One of the great advantages of EDI is that it usually means that greater quantities of goods can be ordered with more confidence that they will meet the needs of the operation.

The Forrester effect shows that inaccuracies increase further upstream in the supply chain.

Historically, which objective has been emphasised in purchasing theory and practice?

Expediters are said to 'chase' the order, an activity that adds no value to the transaction and is now seen as a failure to improve the root cause of lateness.

Single-sourcing from one supplier does NOT encourage which of the following outcomes:

In retail operations, the purchasing task is frequently combined with the sales and physical distribution task. This term is called:

Reduction in inventory is an important part of reducing supply chain pipeline time.

The term used to describe the flexibility to deal with demand volatility in a supply chain is responsiveness.

Supply chains need to be sufficiently flexible to cope with demand uncertainty and the disruption that often stems from it. The term used to describe this type of responsive flexibility is:

If the operation is low cost and high utilisation and the market requirements are predictable with few changes, that is:

Supplier quality assurance (SQA) programmes monitor and improve the levels of supplier quality, partly by assessing capability in terms of:

The concept of lean supply can often be in conflict with moving towards agile supply chains.

Which of the following is an element of the lean supply chain approach?

Is the supply chain relationship primarily B2B, B2C, C2B or C2C for an organisation involved in such things as EDI networks.

What term is commonly used to indicate that the management of the logistics chain is outsourced to a specialist logistics company?

It is becoming recognised that there are few benefits to be gained from the management of whole supply chains.

More vulnerable to disruption if a failure to supply occurs is a disadvantage of:

The process of shortening pipeline time is called:

Introduction to Operations Management

Competitiveness, Strategic Planning, and Productivity

Demand Forecasting

Product Design

Strategic Capacity Planning

Process Design and Facility Layout

Workjob Design

Location Planning and Analysis

Management of Quality

Statistical Quality Control

Supply Chain Management

Inventory Management

Material Requirements Planning and Enterprise Resource Planning

Just-In-Time and Lean Production

Job and Staff Scheduling

Project Management

Waiting-Line Analysis

Answers to Selected Problems

Tables

Working With the Normal Distribution

Filters