Quiz Q&A
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Indiana University Of Pennsylvania *
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468
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Industrial Engineering
Date
Feb 20, 2024
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7
Uploaded by DeanRedPanda2923
Quiz 1: 1.
Customers exaggeraƟng their orders in response to anƟcipated or real shortages of supply is called "gaming." True False 2.
When a supply chain experiences the Bullwhip effect, the demand order variabiliƟes are amplified as they move down the supply chain: True False 3.
Porter's 5 Primary Value Adding acƟviƟes include all of the following SCM components except Outbound LogisƟcs OperaƟons Inbound LogisƟcs Purchasing 4.
The Bullwhip phenomenon first got its name because of which company/product? Volvo's green cars Toshiba's DVDs Cisco's routers P&G's diapers 5.
According to Swanson et al.'s paper in 2018, key areas of SCM include all of the following, : Humanitarian logisƟcs Cost AccounƟng Risk management Sustainability 6.
When the complexity arises due to the cause and effect being separated by Ɵme and place, we call it: Detailed Complexity Supply Complexity Systemic Complexity Dynamic Complexity
7.
The end-of-quarter or end-of-month order surges result in a phenomenon called: Cricket bat Tennis racket Baseball bat Hockey sƟck 8.
(Just to make sure you were alert during the Beer Game) Who played the role of the Customer in the Game InternaƟonal students Undergraduate students Graduate students Faculty member 9.
Which of the following supply chains have experienced the Bullwhip effect according to the arƟcle you read? Grocery Electronics PharmaceuƟcal None of the above three All of the above three 10.
The "Boiled Frog" syndrome explains all of the below except: IrraƟonal decision-making Lack of communicaƟon Lack of empathy/I am my posiƟon FixaƟon mainly on sudden events 11.
Which of the following is not one of the important aspects of a supply chain manager's job as described in the "Supply Chain in 10 Minutes" video? Network design and LocaƟon Planning Designing products RelaƟonships and CollaboraƟons MiƟgaƟng risk
12.
Which of the following is not a typical cycle in supply chains? Replenishment cycle Procurement cycle Manufacturing cycle Fiscal cycle 13.
Which of the following is NOT true based on the discussions/examples in class? The supply chain of simple products like a pencil is typically restricted to just one country Apple looks at metrics pertaining to people and the planet, in addiƟon to profit, while selecƟng and retaining suppliers McDonald's expects its suppliers to have a 99.8% order fill rate Walmart has over 5,000 retail stores and about 200 distribuƟon centers in the US 14.
Which of the following is NOT a cause for the Bullwhip effect? Order Batching or Lot Sizing Demand forecast updaƟng Just-in-Ɵme Ordering Price fluctuaƟon 15.
I said that the keyword in Supply Chain Management in terms of balancing decisions and performance metrics is: Profits Hiring people Trade-off Inventory Quiz 2 1.
Concurrent engineering involves which of the following funcƟons, in addiƟon to design/engineering: Purchasing None of the above ProducƟon All of the above MarkeƟng
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2.
Is this true in supply chains? When lot size goes up, inventory goes down True False 3.
Purchase orders are legally binding while requisiƟons are typically not. True False 4.
Reorder point calculaƟon depends on all of these except Service level Cost of the item Demand Lead Ɵme 5.
Advantages of making/buying over procuring include all of the following except BeƩer control of quality BeƩer project management--Timing/schedule BeƩer protecƟon of proprietary knowledge BeƩer economies of scale with more variety of products 6.
Match the following purchasing terminologies: __2__ Ideal for quick, small office purchases 1. Corporate Purchasing Card __3__ Ideal for a product ordered frequently 2. PeƩy Cash __1__ Ideal for traveling execuƟves 3. Blanket PO __4__ Ideal to use when buying from mulƟple suppliers 4. RFQ 7.
All of the following are advantages of e-procurement except: BeƩer reporƟng for management BeƩer accuracy and data integrity Greater ease of trackability of products Higher barrier for entry for suppliers 8.
RFPs are used when you know exactly what you are buying and RFQs are used when you need the supplier to provide the details True False
9.
Apple was successful in making in-house the modem chips for its iPhone 15 instead of buying them from their supplier, Qualcomm. True False 10.
Typical quesƟons asked in Value Analysis do not include: Could standard parts be replaced by non-standard parts? Could a cheaper part or material be used? Can a part be simplified? Is the funcƟon necessary? 11.
Which of the following is not part of the ISM code of ethics? Avoid improper reciprocal agreements Avoid conflict between personal interests and employer interests Avoid negoƟaƟng for discounts Avoid soliciƟng or accepƟng giŌs and favors 12.
Net 30 in Purchasing means: The customer will incur a penalty if they pay within 30 days The customer has 30 days to pay without a penalty The supplier will take 30 days to ship without a penalty The supplier will incur a penalty if they ship within 30 days Quiz 3 1.
Boeing's value creaƟon strategy for its passengers included all of the following EXCEPT: Increase in comfort and convenience (humidity and pressure) Use of hub and spoke networks as opposed to non-stop flights Reduce maintenance and replacement costs Reduce cost per seat mile in general 2.
Checking if you are reading WSJ/news: The UAW (auto workers union) strike finally ended earlier this week thereby alleviaƟng the supply chain problems of the last three weeks True False
3.
The supply chain efficiency of Boeing depends on synchronized just-in-Ɵme deliveries of all the secƟons from Ɵer 1 strategic partners. True False 4.
Dreamliner comprises 50% composite materials (15% aluminum and 12% Ɵtanium). True False 5.
The risk-sharing contracts of Boeing were accepted by suppliers for all of the following reasons EXCEPT: They could focus on a small part of the plane instead of an enƟre secƟon of the plane They could own their intellectual property PotenƟal increase in profits Increased revenues 6.
Boeing outsourced ____ % of development and producƟon acƟviƟes for 787 program. 90 70 80 60 7.
When you are engaging in supplier development, all of these are important steps EXCEPT? Forming a cross-funcƟonal team involving different areas of your business Engaging in benchmarking to see what other companies are doing ConducƟng Pareto analysis to idenƟfy criƟcal suppliers Exploring acquiring the company before conducƟng business with them 8.
Which of the following is NOT true about InternaƟonal Purchasing (IP) and Global Sourcing (GS)? Countertrade or barter can occasionally occur when a country does not have enough hard currency to import products There can be tariff and other barriers involved in IP and GS Only about 10% of the global GDP accounts for internaƟonal purchasing (IP) and global sourcing (GS) Challenges of IP and GS can be communicaƟon and currency fluctuaƟons 9.
Which of the following is NOT true about Single-sourcing vs mulƟple suppliers? It is easier to get quanƟty discounts if you pracƟce single-sourcing Single-sourcing can result in lower inbound transportaƟon costs Government regulaƟons may preclude the use of single-sourcing It is usually easy to have mulƟple suppliers when a product is patented
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10.
The Dreamliner was ideal for hub-to-hub operaƟons while the A-380 of Airbus is ideal for direct flights to mulƟple ciƟes. True False 11.
Which one of these is NOT one of the risk-miƟgaƟng strategies of Boeing? Placing the 787 project on the shelf for a few years Modifying the risk-sharing contract Having more proacƟve labor relaƟonship management Improving supply chain visibility 12.
Which of the following is NOT true? A company with ISO 9000 cerƟficaƟon can easily win the Malcolm Baldrige NaƟonal Quality Award within five years ISO 9000 is universal in applicaƟon while the CE Mark is more for the EU countries Third-party ISO 9000 registraƟon/cerƟficaƟon is the most versaƟle one that can help companies access markets anywhere in the world CE Mark is for specific products while ISO 9000 is for quality systems and processes 13.
Which of the following is NOT true about Boeing's reacƟon to the 787 supply chain problems? Have someone with supply chain experience placed at the helm Selling company at the boƩleneck stage Paid penalƟes for delays and engaged in damage control and public relaƟons Increased pay to union workers and agreed to decrease outsourcing