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Date Submitted: 06/10/2016 11:44 PM
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Supply Chain Management
Q1. When demand is steady, the cycle inventory for a given lot size (Q) is given by:
a. Q/4
b. Q/8
c. Q/6
d. Q/2
Q2. There are two firms ‘x’ and ‘y’ located on a line of distance demand(0-1) at ‘a’ and ‘b’ respectively, the customers are uniformly located on the line, on keeping the fact of splitting of market, the demand of firm ‘x’ will be given by:
a. (a+b)/2
b. a+(1-b-a)/2
c. (1+b-a)/2
d. a+(a-b)/2
Q3. Push process in supply chain analysis is also called:
a. Speculative process
b. Manufacturing process
c. Supplying process
d. Demand process
Q4. If the Throughput be ‘d’ and the flow time be ‘t’ then the Inventory ‘I’ is given by:
a. I *d=t
b. I=t+d
c. d=I*t
d. I =d*t
Q5. Forecasting method is:
a. Time series
b. causal
c. Qualitative
d. All the above
Q6. Component of order cost include:
a. Handling cost
b. Occupancy cost
c. Receiving costs
d. Miscellaneous costs
Q7. How many distinct types of MRO inventory are there?
a. One
b. Four
c. Three
d. Two
Q8. Supply chain driver is:
a. Inventory
b. Return ability
c. Fulfillment
d. All of above
Q9. SRM stands for:
a. Strategic Relationship Management
b. Supply Return ability Management
c. Supplier Relationship Management
d. None of the above
Q10. Discount factor equals to, where k is the rate of return.
a. 1/1+k
b. 2/1+k
c. 1/1-k
d. 1/2+k
Part Two:
Q1. Explain “zone of strategic fit”.
Q2. Explain “scope of strategic fit”.
Q3. What do you understand by “Stimulation Forecasting Method”?
Q4. Write a note on “Obsolescence (or spoilage) cost”.
Q5. Define “Square Law” in safety inventory of supply chain management.
Q6. What does the...