Supply Chain Management Midterm Exam Questions

1-b, 2-b, 3-b, 4-a, 5-c

A distributor experiences an average daily demand of 50 units with a standard deviation of 8 units. Lead time from the supplier is a constant 9 days. If the company targets a 95% service level (

Aligning implied demand uncertainty with supply chain responsiveness.

Define the "Triple Bottom Line" (3BL) in the context of sustainable supply chains. supply chain management midterm exam questions

C) Products are returned by consumers directly to the manufacturer.

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Which pillar of resilience focuses on the ability to detect disruptions through demand and visibility? A) Pillar 1: Vulnerability B) Pillar 3: Procurement C) Pillar 5: Demand & Visibility C) Pillar 5 1-b, 2-b, 3-b, 4-a, 5-c A distributor experiences

The local hospital uses 6,000 boxes of latex gloves per year. The ordering cost is $50 per order, and the holding cost is $2 per box per year. The supplier takes 5 days to deliver (lead time). Assume 300 working days per year.

Most midterm questions will revolve around the "Pillars" or "Phases" of SCM. Familiarize yourself with these variations, as different textbooks use different labels:

Pipeline Inventory Carrying Costs: Capital tied up in transit for weeks due to extended maritime lead times. Define the "Triple Bottom Line" (3BL) in the

Leo typed: “Yes. Starting today.”

In 2021–2022, global supply chains faced severe disruptions (e.g., container shortages, port closures, semiconductor crisis). Explain two root causes from a supply chain design perspective and recommend two strategies companies can adopt to build more resilient supply chains.

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A distributor sells 10,000 units of a product per year. The setup/ordering cost is $50 per order, and the annual holding cost per unit is $2. Calculate the Economic Order Quantity (EOQ) and the total annual inventory cost. Formula: