Question 1

Which of the following is the prescribed remedy when the bullwhip effect is caused by shortage gaming?

Accepted Answer

A) share demand information 
B) channel coordination 
C) increase capacity 
D) price stabilization 
E) allocate orders based on past demand 
A) share demand information 
B) channel coordination 
C) increase capacity 
D) price stabilization 
E) allocate orders based on past demand E

Question 2

A company is about to select a vendor for the outsourcing of all of its engineering,environmental,and CAD requirements.It has identified four criteria critical to the selection.These criteria,and their importance weights,appear below.Three firms,A,C,and E,have indicated that they are interested in this position.The company has scored each of the three candidates on these criteria,using a 1-10 scale,where 10 is best.Candidate A scored 7,7,7,and 5,respectively,on the four criteria.Candidate C scored 9,4,8,and 6.Candidate E scored 5,10,10,and 7.Which vendor has the highest composite score?

Accepted Answer

Company E has the highest composite score of 7.25

Question 3

If the variance of orders of a manufacturer equals 800,and the variance of orders of its supplier equals 750,what is happening at this part of the supply chain?

Accepted Answer

A) The bullwhip effect is present. 
B) The supplier is providing a dampening (anti-bullwhip)effect. 
C) The bullwhip measure for the supplier equals 1.067 
D) Neither amplification nor smoothing is present. 
E) Both amplification and smoothing are present. 
A) The bullwhip effect is present. 
B) The supplier is providing a dampening (anti-bullwhip)effect. 
C) The bullwhip measure for the supplier equals 1.067 
D) Neither amplification nor smoothing is present. 
E) Both amplification and smoothing are present. B

Question 4

The bullwhip effect describes the tendency for larger order size fluctuations in the supply chain as orders move from suppliers toward retailers.

Accepted Answer

A) True 
 B)False

Question 5

A grocery store is trying to find a new supplier for carrots.Its three most important supplier criteria are freshness,lot size,and cost,with factor weights of 0.6,0.1,and 0.3,respectively.What would a supplier with ratings of 6,8,and 10 in the three respective categories score as a weighted total?

Accepted Answer

A) 24 
B) 1 
C) 7.4 
D) 9.8 
E) 8 
A) 24 
B) 1 
C) 7.4 
D) 9.8 
E) 8

Question 6

Which of the following is NOT a remedy for the bullwhip effect?

Accepted Answer

A) share demand information 
B) channel coordination 
C) order batching 
D) price stabilization 
E) allocate orders based on past demand 
A) share demand information 
B) channel coordination 
C) order batching 
D) price stabilization 
E) allocate orders based on past demand

Question 7

What is the value of the bullwhip measure for a company with a standard deviation of demand equal to 20,and a variance of orders equal to 450?

Accepted Answer

A) 0.889 
B) 22.5 
C) 1.125 
D) 0.044 
E) 50 
A) 0.889 
B) 22.5 
C) 1.125 
D) 0.044 
E) 50

Question 8

Suppose that in month 1,both the retailer and the wholesaler in a supply chain ordered 20,000 units.Then in month 2,the retailer decreases its order size by 1000 units.If the wholesaler then decreases its order size in month 2 by 700 units,which of the following is TRUE?

Accepted Answer

A) The wholesaler is contributing to the bullwhip effect. 
B) The wholesaler is providing a dampening (anti-bullwhip)effect. 
C) The bullwhip measure for the wholesaler equals 0.70. 
D) Neither amplification nor smoothing is present. 
E) The wholesaler is providing both amplification and smoothing. 
A) The wholesaler is contributing to the bullwhip effect. 
B) The wholesaler is providing a dampening (anti-bullwhip)effect. 
C) The bullwhip measure for the wholesaler equals 0.70. 
D) Neither amplification nor smoothing is present. 
E) The wholesaler is providing both amplification and smoothing.

Question 9

Choosing suppliers simply based on the lowest bid has become a somewhat rare approach.

Accepted Answer

A) True 
 B)False

Question 10

In the disaster risk model,as the probability of a super-event (S)increases,the advantage of utilizing multiple suppliers increases.

Accepted Answer

A) True 
 B)False

Question 11

The U.S.________ program,designed to stimulate the economy and improve fuel efficiency,produced an unintended bullwhip effect in the automobile industry.

Accepted Answer

The answer of The U.S.________ program,designed to stimulate the economy...

Question 12

What value of the bullwhip measure would indicate that a dampening scenario exists?

Accepted Answer

A) greater than 1 
B) greater than 0 
C) less than 0 
D) less than 1 
E) 0 
A) greater than 1 
B) greater than 0 
C) less than 0 
D) less than 1 
E) 0

Question 13

Which of the following is NOT a potential cause of the bullwhip effect?

Accepted Answer

A) shortage gaming 
B) channel coordination 
C) order batching 
D) demand forecast errors 
E) price fluctuations 
A) shortage gaming 
B) channel coordination 
C) order batching 
D) demand forecast errors 
E) price fluctuations

Question 14

The primary trade-off in transportation mode analysis involves evaluating holding cost against the cost of shipping.

Accepted Answer

A) True 
 B)False

Question 15

When using the factor weighting approach,most companies will use the same list of criteria and the same criteria weights.

Accepted Answer

A) True 
 B)False

Question 16

Firms often use multiple suppliers for important components to mitigate the risks of total supply disruption.

Accepted Answer

A) True 
 B)False

Question 17

Identify at least four factors in addition to delivery speed (and its impact on holding cost)that may need to be considered when choosing the best mode of shipment.

Accepted Answer

The four presented in the text are: (1)o

Question 18

The Great East Japan Earthquake of 2011 was centered off of the Pacific coast of which region of Japan?

Accepted Answer

A) Kanto 
B) Chubu 
C) Tohoku 
D) Kansai 
E) Chugoku 
A) Kanto 
B) Chubu 
C) Tohoku 
D) Kansai 
E) Chugoku

Question 19

The primary trade-off in transportation mode analysis involves evaluating ________ against the cost of shipping.

Accepted Answer

The answer of The primary trade-off in transportation mode analysis...

Question 20

Consider the disaster risk decision tree model.Using the notation from the model,what is the expected monetary value (cost)of choosing two suppliers?

Accepted Answer

A) 2C 
B) [1-P(2)] × 2C + P(2)× (L + 2
C)  
C) 2C + SL 
D) P(2)× 2C + [1-P(2)] × (L + 2
C)  
E) 2C + (S+U2)L 
A) 2C 
B) [1-P(2)] × 2C + P(2)× (L + 2
C)  
C) 2C + SL 
D) P(2)× 2C + [1-P(2)] × (L + 2
C)  
E) 2C + (S+U2)L

Exam 21: Supply Chain Management Analytics

Which of the following is the prescribed remedy when the bullwhip effect is caused by shortage gaming?

If the variance of orders of a manufacturer equals 800,and the variance of orders of its supplier equals 750,what is happening at this part of the supply chain?

The bullwhip effect describes the tendency for larger order size fluctuations in the supply chain as orders move from suppliers toward retailers.

A grocery store is trying to find a new supplier for carrots.Its three most important supplier criteria are freshness,lot size,and cost,with factor weights of 0.6,0.1,and 0.3,respectively.What would a supplier with ratings of 6,8,and 10 in the three respective categories score as a weighted total?

Which of the following is NOT a remedy for the bullwhip effect?

What is the value of the bullwhip measure for a company with a standard deviation of demand equal to 20,and a variance of orders equal to 450?

Suppose that in month 1,both the retailer and the wholesaler in a supply chain ordered 20,000 units.Then in month 2,the retailer decreases its order size by 1000 units.If the wholesaler then decreases its order size in month 2 by 700 units,which of the following is TRUE?

Choosing suppliers simply based on the lowest bid has become a somewhat rare approach.

In the disaster risk model,as the probability of a super-event (S)increases,the advantage of utilizing multiple suppliers increases.

The U.S.________ program,designed to stimulate the economy and improve fuel efficiency,produced an unintended bullwhip effect in the automobile industry.

What value of the bullwhip measure would indicate that a dampening scenario exists?

Which of the following is NOT a potential cause of the bullwhip effect?

The primary trade-off in transportation mode analysis involves evaluating holding cost against the cost of shipping.

When using the factor weighting approach,most companies will use the same list of criteria and the same criteria weights.

Firms often use multiple suppliers for important components to mitigate the risks of total supply disruption.

Identify at least four factors in addition to delivery speed (and its impact on holding cost)that may need to be considered when choosing the best mode of shipment.

The Great East Japan Earthquake of 2011 was centered off of the Pacific coast of which region of Japan?

The primary trade-off in transportation mode analysis involves evaluating ________ against the cost of shipping.

Consider the disaster risk decision tree model.Using the notation from the model,what is the expected monetary value (cost)of choosing two suppliers?

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