Exam 21: Supply Chain Management Analytics

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

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The bullwhip effect can occur when orders decrease as well as when they increase.

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When determining storage locations in a warehouse with a single dock,the items that should be placed closest to the dock are those that have the highest:

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Identify the four primary causes of the bullwhip effect and the remedy for each.

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In the disaster risk decision tree model,a(n)________ disrupts all suppliers simultaneously.

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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? 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?

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The items listed below are stored in a one-dock warehouse.In what order should they be placed in the warehouse (moving from closest to the dock to furthest away from the dock)? The items listed below are stored in a one-dock warehouse.In what order should they be placed in the warehouse (moving from closest to the dock to furthest away from the dock)?

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Unfortunately,not many supply chain metrics exist that can be effectively used to evaluate performance within a company and for its supply chain partners.

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

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

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

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

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The items listed below are stored in a one-dock warehouse.In what order should they be placed in the warehouse (moving from closest to the dock to furthest away from the dock)? The items listed below are stored in a one-dock warehouse.In what order should they be placed in the warehouse (moving from closest to the dock to furthest away from the dock)?

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Suppose that a firm incurs a demand variance of 400 units per week,and the variance of orders that it places equals 750 per week.What is the value of the bullwhip measure for this company?

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An industrial producer is searching for a supplier for ball bearings.Its three most important supplier criteria are price,quality,and delivery reliability.The firm has decided that quality and delivery reliability should carry the same weight,and that each of them are twice as important as price.If the weights sum to 100%,what would a supplier with ratings of 40,90,and 75 in the three respective categories score as a weighted total?

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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?

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Consider a supply chain where a manufacturer sells to a distributor who sells to a wholesaler who sells to a retailer.Last year,the retailer's weekly variance of demand was 4000 units.The weekly variance of orders was 5000;8000;12,000;and 17,000 units for the retailer,wholesaler,distributor,and manufacturer,respectively.(Note that the variance of orders equals the variance of demand for that firm's supplier. ) (a)Calculate the bullwhip measure for the retailer. (b)Calculate the bullwhip measure for the wholesaler. (c)Calculate the bullwhip measure for the distributor. (d)Calculate the bullwhip measure for the manufacturer. (e)Which firm appears to be contributing the most to the bullwhip effect in this supply chain?

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What technique does the text use to determine the best number of suppliers to manage disaster risk?

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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.

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Briefly describe how to conduct the factor weighting approach to supplier evaluation.

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