Flervalsfrågor, logistics

What is the MAD for this set of data of e(t)? e[t] = error during time period t -1; +3; 0; -2 ; +3 A. 9 B. 1.8 C. 1 D. 0.96

B. 1.8

Warehouse unit storage is the warehousing methodology that uses a traditional warehouse to store all of one type of product together A. TRUE B. FALSE

B. FALSE

A supply chain includes only the organizations directly involved in supplying components needed for manufacturing A. True B. False

B. False

A supply chain involves the constant flow of information, product, and funds between different stages and is typically static A. True B. False

B. False

Every supply chain must include all 5 stages A. True B. False

B. False

The ____ has established six international pallet size standards. A. United Nations B. International Standards Organization C. World Trade Organization D. International Chamber of Commerce

B. International Standards Organization

Entirely dependent on the transportation and logistics industries for demand base A. Green products B. New shipping technologies and need for cost savings among customers drive growth C. Consumer products D. No idea

B. New shipping technologies and need for cost savings among customers drive growth

Which is not an attribute for a SKU? A. Size or color B. Price C. Packaging D. Location

B. Price

A facility with little excess capacity will likely be more efficient per unit of product it produces than one with a lot of unused capacity A. FALSE B. TRUE

B. TRUE

Failure to comply with labeling guidelines can result in surcharges, administrative fees, or penalty charges. A. FALSE B. TRUE

B. TRUE

Information is potentially the biggest driver of performance in the supply chain as it directly affects each of the other drivers A. FALSE B. TRUE

B. TRUE

The major drivers of supply chain performance are facilities, inventory, transportation, and information. A. FALSE B. TRUE

B. TRUE

Match the manufacturing strategy with the industry A. Agrifood industry (supermarkets) B. Construction industry C. Automotive industry D. PC industry (like Dell) 1. MTS 2. ATO 3. MTO 4. ETO

1. A 2. D 3. C 4. B

Match the concept with its definition A. the standard deviation of demand relative the average demand B. the production lead time to delivery lead time 1. P/D ratio 2. Relative demand volatility (RDV)

1. B 2. A

Match the function of a packaging with one of its concept associated A. Toxicity B. Facilitate distribution C. Graphic design 1. Logistical distribution 2. Marketing distribution 3. Environmental function

1. B 2. C 3. A

If the actual demand for a period is 100 units but forecast demand was 90 units. The forecast error is A. 10 B. -10 C. 90 D. 100

A. 10

At Mid-term, Master Planning deals with A. All of the 3 together B. Production C. Procurement D. Distribution

A. All of the 3 together

Which of the following is not a major driver of supply chain performance? A. All of the above are major drivers of supply chain performance B. Inventory C. Transportation D. Information

A. All of the above are major drivers of supply chain performance

Companies using seasonal inventory will maintain a level inventory increase rate of production for periods of high demand A. FALSE B. TRUE

A. FALSE

Cycle inventory is inventory that is built up to counter predictable variability in demand A. FALSE B. TRUE

A. FALSE

Which term is most closely associated with a tracking signal? A. MAD B. MSE C. MBA D. MAPE

A. MAD

P/D ratio <1 and high RDV is proper of A. MTO B. ATO C. ETO D. MTS

A. MTO

Which is a package design attribute? A. Moisture B. Protection for content C. Easy to pile, load/unload, move and inspect D. Total Cost

A. Moisture

The forecasting framework illustrates the sequence that should be followed. According to the framework, the step after the forecast interval is established is: A. Select the forecasting technique B. Determine the forecast purpose C. Collect and analyze data D. Initialize the forecast

A. Select the forecasting technique

Direction of coordination, Type of information exchange or Network Structure are A. Structural attribute of a SC B. Functional attribute of a SC

A. Structural attribute of a SC

All stages of an enterprise are involved, either directly or indirectly, in fulfilling a customer request A. TRUE B. FALSE

A. TRUE

Seasonal inventory is inventory that is built up to counter predictable variability in demand A. TRUE B. FALSE

A. TRUE

The components of inventory decisions include cycle inventory, safety inventory, seasonal inventory, and sourcing A. TRUE B. FALSE

A. TRUE

The high utilization facility will have difficulty responding to demand fluctuations A. TRUE B. FALSE

A. TRUE

The two major types of facilities are production sites and storage sites A. TRUE B. FALSE

A. TRUE

When a unit load is secured to a pallet, it is more difficult for pilferage to take place. A. TRUE B. FALSE

A. TRUE

______ occurs at the retailer/distributor interface and includes all processes involved in replenishing retailer inventory A. The replenishment order cycle B. The customer order cycle C. The manufacturing cycle D. The procurement cycle

A. The replenishment order cycle

A supply chain consists of all parties involved, directly or indirectly, in fulfilling a customer request A. True B. False

A. True

The difference between the value of the product and its price remains with the customer as consumer surplus A. True B. False

A. True

Which is not a function of Quick Pallet Maker? A. Vehicle Handling Design B. Pallet loading C. Cost Optimization D. Package design

A. Vehicle Handling Design

CTP _________ conventional ATP checks fail A. can be applied when B. is always applied when C. is an improved algorithm that is used when D. is just applied in MTS strategy when

A. can be applied when

All raw materials, work in process, and finished goods within a supply chain are known as A. inventory B. information C. customers D. facilities

A. inventory

The method that considers several variables that are related to the variable being predicted is A. multiple regression. B. all of the answers C. exponential smoothing. D. weighted moving average.

A. multiple regression.

Available-to-promise (ATP) functionality is related with the portion of the _____ inventory that is not already allocated to specific demands and still available to satisfy new demands or demand configuration changes A. on-hand B. in-transit C. physical D. total

A. on-hand

MTS is defined as a _______ manufacturing strategy A. push B. hybrid C. pull D. inefficient

A. push

When all the different stages of a supply chain work toward the objective of maximizing total supply chain profitability, rather than each stage devoting itself to its own profitability without considering total supply chain profit, it is known as A. supply chain coordination B. revenue management C. aggregate planning D. Forecasting

A. supply chain coordination

______ operates on a weekly or daily time horizon and deals with decisions concerning individual customer orders A. supply chain operation phase B. supply chain strategy phase C. Supply chain planning phase

A. supply chain operation phase

If a company designs products in Germany but outsource the production in France and sells them just in Spain, the focal firm is: A. The Spanish company B. The German company C. The French company

B. The German company

Which of the following statements is false? A. perishable products require special packaging as they move from source to customer B. a products chemical characteristics have little to no influence on the way the product is handled C. "some products can be exposed to freezing weather D. the various properties of goods must be made known to consumers to help them make the correct buying decision and properly care for the product

B. a products chemical characteristics have little to no influence on the way the product is handled

ATO production _____________ degree of customization of the product. A. prevents from any B. allows for a certain C. allows for any D. is contrary to any

B. allows for a certain

Which one aims principally to protect the product? A. transport packaging B. consumer packaging C. the load unit

B. consumer packaging

In MTS strategy, the CODP is positioned ______ in the supply chain A. upstream B. downstream C. anywhere D. inexistent

B. downstream

The places in the supply chain network where product is stored, assembled, or fabricated are known as A. inventory B. facilities C. transportation D. information

B. facilities

Which of the following is false? A. labeling requirements within a particular country can vary from state to state (province to province) B. pictures are preferable to words for labeling a product C. package labeling is usually done at the end of the assembly line D. labeling regulations may differ from country to country

B. pictures are preferable to words for labeling a product

A qualitative forecast A. is a forecast that is classified on a numerical scale from 1 (poor quality) to 10 (perfect quality). B. predicts the direction, but not the magnitude, of change in a variable. C. is a forecast that is based on econometric methods. D. predicts the quality of a new product.

B. predicts the direction, but not the magnitude, of change in a variable.

Biodegradable plastics cost ____ as much as conventional plastics. A. four times B. two times C. five times D. three times

B. two times

What is the MSE for this set of data e[t]? e[t] = error during time period t -1; +3; 0; -2; +3 A. 2.3 B. 5.75 C. 4.6 D. 1.8

C. 4.6

Which component of the supply chain decision-making framework would be established first? A. Supply chain strategy B. Customer strategy C. Competitive strategy D. Supply chain structure

C. Competitive strategy

Which of the following statements would be true regarding delivery lead time in an ETO environment? A. Delivery lead time is shorter than an ATO item B. Delivery lead time is shorter than for a MTO item C. Delivery lead time is longer than an ATO item D. Delivery lead time is equal as a MTS item

C. Delivery lead time is longer than an ATO item

Which measure do not contribute to reduce bullwhip effect A. Every day low prices B. Policies to control returns C. Increasing safety stocks D. Sharing end-customer real demand

C. Increasing safety stocks

The match strategy when process are ___________ and products are ________ is "agile supply chains". A. Functional; Stable B. Functional; Evolving C. Innovative;Evolving D. Innovative;Stable

C. Innovative;Evolving

Short term regular variations related to the calendar or time of day is known as A. Trend B. Cycles C. Seasonality D. Random variations

C. Seasonality

Metal or wooden bars to elevate the product for the material handling equipment to pick it up A. Platforms B. Pallet C. Skids D. ISO containers

C. Skids

A regression model is used to forecast sales based on advertising dollars spent. The regression line is y=500+35x and the coefficient of determination is .90. Which is the best statement about this forecasting model? A. For every 35 spent on advertising, sales increase by 1. B. The coefficient of correlation between sales and advertising is 0.81. C. The correlation between sales and advertising is positive. D. Even if no money is spent on advertising, the company realizes $35 of sales.

C. The correlation between sales and advertising is positive.

According to the Pegels' framework, A. Trend and unexplained variance can be additive or multiplicative B. Cyclical and seasonality can be additive or multiplicative C. Trend and seasonality can be additive or multiplicative D. Cyclical and Trend can be additive or multiplicative

C. Trend and seasonality can be additive or multiplicative

A forecast that projects a company's sales is a(n): A. associative model. B. technological forecast. C. demand forecast. D. economic forecast.

C. demand forecast.

The root-mean-square error is a measure of A. moving average periods. B. sample size. C. forecast accuracy. D. exponential smoothing.

C. forecast accuracy.

The warehousing methodology in which all the different types of products needed to perform a particular job or satisfy a particular type of customer are stored together is A. cross-docking B. stock keeping unit (SKU) storage C. job lot storage D. warehouse unit storage

C. job lot storage

Which of the following is NOT a time-series model? A. exponential smoothing B. moving averages C. linear regression D. naïve approach

C. linear regression

The cyclical component of time-series data is usually estimated using A. linear regression analysis. B. moving averages. C. qualitative methods. D. exponential smoothing.

C. qualitative methods.

The set of business processes required to purchase goods and services is known as A. seasonal inventory B. safety inventory C. sourcing D. cycle inventory

C. sourcing

Which of the following is a characteristic of a facility with excess capacity? A. will likely be more efficient per unit of product B. will have difficulty responding to demand fluctuations C. would be very flexible and to respond to wide swings in the demands placed on it D. would be considered a high utilization facility

C. would be very flexible and to respond to wide swings in the demands placed on it

Forecasting drives all the key business functions. Among the following cases, select the cases that are the least suited for the use of quantitative forecasting. (1) Demand of radically innovative new products (2) Supply of agricultural products (3) Demand of commodities (4) The rate of new product production A. (3) B. (2) and (4) C. (1) and (2) D. (1)

D. (1)

Which is NOT correct about Value to weight Ratio of a product? A. If volume increases, so does transportation & storage costs B. If 10% of capacityis unused, transport cost are 10% higher C. If weight increases, so does transportation & storage costs D. + compact is the design of unit load, storage costs increase

D. + compact is the design of unit load, storage costs increase

The demand for period t-2 and t-1 is 10 and 12 cases respectively. As per naïve method, the demand for next period 't' is A. 10 B. 14 C. 11 D. 12

D. 12

If demand is 106 during January, 120 in February, 134 in March, and 142 in April, what is the 3-month simple moving average for May? A. 126 B. 138 C. 142 D. 132

D. 132

P/D ratio >1 and high RDV is proper of A. MTO B. MTS C. ETO D. ATO

D. ATO

Pallets with at least 3 vertical sides are called A. Skids B. Platforms C. Pallet D. Box-Pallet

D. Box-Pallet

Supply chain surplus involves what two parts? A. Manufacturing cost and selling price B. Customer value and high quality products C. Reliable transportation and supply chain cost D. Customer value and supply chain cost

D. Customer value and supply chain cost

Outsourcing the administration, maintenance and warehousing of pallet is A. Pallet renting B. Pallet BnB C. Pallet outsourcing D. Pallet pooling

D. Pallet pooling

Which component of the supply chain decision-making framework would be used to reach the performance level dictated by the supply chain strategy? A. Replenishment strategy B. Customer strategy C. Supply chain strategy D. Supply chain structure

D. Supply chain structure

The Mode of Transport & Type of delivery operation is proper of the following key component A. The Material Management of the SC B. All are correct C. The transportation of the goods and services D. The physical Distribution of the SC

D. The physical Distribution of the SC

Which is not a synonym of the customers side in supply chain? A. Downstream B. Outbound C. Demand side D. Upstream

D. Upstream

Which of the following statements regarding perishable products is false? A. they require special storage B. they require special monitoring C. they require special loading D. all of the above are true

D. all of the above are true

A dry bulk materials ____ is important for determining the quantity that can be stored in a given location. A. market value B. specific gravity C. viscosity D. angle of repose

D. angle of repose

____ systems consider the reverse flow of products, their reuse, and the marketing and distribution of recovered products. A. open-loop B. eco- C. dynamic D. closed-loop

D. closed-loop

____ refers to materials used for the containment, protection, handling, delivery, and presentation of goods. A. materials management B. materials handling C. procurement D. packaging

D. packaging

Supply chain collaboration is done exchanging: A. Item demand B. Production costs C. Inventory levels D. Supply capacity

D. supply capacity

The decision phases in a supply chain include A. production scheduling B. customer relationship management C. supply chain orientation D. supply chain operation

D. supply chain operation

A forecasting technique consistently produces a negative tracking signal. This means that A. the forecasting technique consistently under predicts. B. the MSE will also consistently be negative. C. the MAPE will also consistently be negative. D. the forecast technique consistently over predicts.

D. the forecast technique consistently over predicts.

Linear regression is most similar to A. the weighted moving average method of forecasting. B. the simple moving average method of forecasting. C. the naïve method of forecasting. D. the trend projection method of forecasting.

D. the trend projection method of forecasting.

Moving inventory from point to point in the supply is known as A. information B. facilities C. inventory D. transportation

D. transportation

Decomposing a time series refers to breaking down past data into the components of A. constants and variations. B. strategy, tactical, and operational variations. C. long-term, short-term, and medium-term variations. D. trends, cycles, seasonal and random variations.

D. trends, cycles, seasonal and random variations.

Packaging is a coordinated system of preparing goods for _________ , secure, efficient and effective __________ , transport, distribution, storage, retailing, consumption and recovery, reuse or _________ combined with maximizing consumer value, sales and hence profit (Saghir, 2002).

safe handling disposal