Supply Chain Management Midterm Exam Questions [work] -

needs to calculate the . He looks at his $185,000 inventory and applies a 25% cost factor. He also checks his Months of Stock to see how long his current supplies will last.

Supplier B is significantly cheaper despite the higher unit price, due to quality.

Professors frequently ask students to calculate forecasts using different time-series methods. Average of the past n periods. supply chain management midterm exam questions

The bullwhip effect occurs when small fluctuations in demand at the retail level cause progressively larger fluctuations upstream (wholesaler, distributor, manufacturer). Order batching, price fluctuations, and lack of information sharing are the main drivers.

Cycle stock is the inventory expected to be sold during a normal order cycle (e.g., the average inventory between deliveries). Safety stock is extra inventory held to protect against demand variability or supply lead time uncertainty. Cycle stock covers expected demand; safety stock covers the unexpected. needs to calculate the

(the difference between customer value and total supply chain cost) while improving customer satisfaction and reducing operational costs. 2. The Bullwhip Effect

Math-based questions test your calculation accuracy and financial literacy regarding operational costs. Question 4: Economic Order Quantity (EOQ) Supplier B is significantly cheaper despite the higher

A call center for a logistics company averages 60 active customer inquiries per hour. The average time to resolve an inquiry is 5 minutes (0.0833 hours). What is the average throughput rate (arrivals per hour)? Using Little’s Law: Inventory = Throughput Rate × Flow Time A) 12 per hour B) 300 per hour C) 720 per hour D) 5 per hour