EXAM 2 VERSION A1. You are SC manager at cellphone Inc. and part of your job is to make recommendations on fulfillment techniques for various products. Boss wants to know which products would be most appropriately serviced using lean technique. You tell him… B a basic phone with a high volume of predictable customer demand2. A SC that utilized an agile order fulfillment technique will A hold manufacturing until receiving actual customer orders3. Ted buys 50 gallons of milk and 20 cartons of hot coco. Students pay for their drink then ted mixes milk and powder then gives it to them. What kind of fulfillment technique is ted employing D hybrid lean and agile4. Ted is developing order strategy for breathing regulators that he sells in shop. Given that this product is high cost and highly customized, which strategy should ted use D order regulators based on actual customer demand and work with suppliers to quickly configure and ship regulators directly to customer5. The EOQ model attempts to A calculate the optimal amount of inventory to be reordered by balancing ordering costs with carrying costs6. Start new company called crabman auto parts. Heard about agile order and are interested in it to decrease costs. Which best describes the strategy crabman auto parts should follow to take advantage of agile order fulfillment D form strategic relationships with key customers and suppliers and synchronize information exchange with them to improve responsiveness and reliability7. In the above eoq, what is the eoq amount B 20 days worth inventory (day where triangle starts)8. In the above eoq, manger wants to optimize fulfillment. As a SCM consultant, what will you suggest to manager C lower cycle stock by reducing ordering/set up costs and lower safety stock by reducing demand and supply variance9. Avg daily demand for a product is 5 units and avg lead-time for an order to arrive is 6 days. SS is 100 units and avg inventory is 150 units. What is the re order point for the product C 130 units (Reorder point= LT x DD + SS= 6 x 5 +100= 130)10. Ordering supplies twice per year versus four times per year can result in __ due to ___? D higher inventory carrying costs, higher avg inventory levels11. Lean order fulfillment would be most appropriate for products with C high volume, predictable sales, low relative product cost, long product life cycle12. Assuming a constant rate of demand of 40 units per day, and a reorder point of 200 units of inventory, what is the avg lead time for receiving additional inventory D 5 days (200= LT x 40)13. Assuming constant rate of demand, how many units of inventory will be left by the end of day 9 in this cycle D 40 units14. Assumptions of the simple or naïve EOQ model include A no variation in demand or lead time15. In figure above, the point where the inventory carrying costs curve and the order/setup cost curve cross represents which of the following E EOQ16. Lean order fulfillment enables the EOQ point in the figure above to shift to the left by reducing A order or setup costs17. Mixing paint on site at Lowes D form postponement18. HP postponed final assembly of printers by delaying insertion of power supplies until orders were received from individual country markets. The benefit of this is B reduced SS requirements due to improved forecast accuracy19. Teds computer exploded. Order new one through UT and takes forever. If you were a supply chain manager at UT committed to changing process to optimize customer satisfaction at minimum additional cost, what you do first B negotiate with apple to standardize pricing to all UT users, the give them immediate access to actual demand and hold them responsible for direct delivery20. Referring to buyer and seller model above and teds example of replacing apple computer,apple contributes to the total order cycle time during which portion of the order cycle A order/receipt processing to order shipment21. Which is not one of the three questions you should ask when making order fulfillment decisions C how should we price the product22. Lean order fulfillment differs from traditional order fulfillment in that lean utilizes A smaller inventory deployment and shorter time between orders23. The best way to decrease SS is to A decrease demand and supply variation24. What is one major issue that still exists in a lean fulfillment model A inventory is still held in anticipation of customer orders25. Ted bought a new dishwasher at sears. Between placing order and it arriving, sears attached a black door to the dishwasher. How does sears benefit from postponement of this final step A lower safety stock26. Selling shirts on game day but waits to put final score until game is over and then sells them to people coming out of stadium. This is an example of C hybrid lean and agile27. Flat lines on graphs represents A amount of time product spends waiting for value to be added28. If you were put in charge of reducing amount of non value added time in supply chain, where would be best place to focus your attention for largest gains D decreasing amount of time finished products wait in warehouse before shipped to distribution center (regional stock)29. Time based competition is becoming standard in today’s marketplace. Which one of the factors below is not contributing to this C an increased level of product safety required in global markets30. Based upon discussion and class materials, proper pipeline mgmt. entails D improving visibility into demand and supply combined with faster order cycle time31. The time that workers spend waiting in warehouse for shipments of finished goods to arrive is an example of C non value added time32. Which is a key success factor in an agile supply chain strategy A a high degree of communication among supply chain members33. Adopting a full agile order technique, which case would exemplify the costs associated with this D case D (0 inventory) 34. A SC that utilized a traditional/anticipatory order and does not subscribe to lean principles will B minimize costs by buying building shipping and storing in large lot sizes in anticipation of demand35. SS is considered to be twice as expensive as CS because D CS often arrives late due to demand and supplier lead time variation36. One major obstacle preventing supply chain managers from making improvements in the way SC deliver value is an excessive
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