Supply Chain Management Midterm Exam Questions — Must Read
Amazon Fresh (grocery delivery) uses a cross-docking model, while a furniture store (IKEA) uses a traditional warehouse model. Contrast the supply chain characteristics of these two products that justify the different strategies.
TC=(10,000707.11×50)+(707.112×2)=707.11+707.11=$1,414.22cap T cap C equals open paren the fraction with numerator 10 comma 000 and denominator 707.11 end-fraction cross 50 close paren plus open paren 707.11 over 2 end-fraction cross 2 close paren equals 707.11 plus 707.11 equals $ 1 comma 414.22
SS=z×σL=1.645×24=39.48≈40 unitscap S cap S equals z cross sigma sub cap L equals 1.645 cross 24 equals 39.48 is approximately equal to 40 units
ROP=(d̄×L)+SS=450+40=490 unitscap R cap O cap P equals open paren d bar cross cap L close paren plus cap S cap S equals 450 plus 40 equals 490 units Part 3: Sourcing, Logistics, and Network Design supply chain management midterm exam questions
Y=(8×400)+(4×600)+(2×200)1,200=3,200+2,400+4001,200=6,0001,200=5.00cap Y equals the fraction with numerator open paren 8 cross 400 close paren plus open paren 4 cross 600 close paren plus open paren 2 cross 200 close paren and denominator 1 comma 200 end-fraction equals the fraction with numerator 3 comma 200 plus 2 comma 400 plus 400 and denominator 1 comma 200 end-fraction equals the fraction with numerator 6 comma 000 and denominator 1 comma 200 end-fraction equals 5.00 Coordinates Part 4: SCM Midterm Exam Cheat Sheet
A distributor faces an annual demand of 10,000 units for a product. The cost to place a single order is $50, and the annual holding cost per unit is $2. Calculate the Economic Order Quantity (EOQ) and the total annual inventory cost. Demand Forecasting Techniques
Given a daily demand of 50 units and a lead time of 4 days, calculate the Reorder Point (ROP). If the store wants a safety stock of 100 units to buffer against uncertainty, what is the new ROP? Amazon Fresh (grocery delivery) uses a cross-docking model,
: Connect, Create, Customize, Coordinate, Consolidate, Collaborate, and Contribute. Operational Definitions Fabrication : Changing the physical form of a product. : Combining two or more discrete products.
This is the quantitative heart of the midterm. You must show your work. Partial credit often comes from writing the correct formula.
Are there any specific mathematical formulas or concepts you find right now? Share public link The cost to place a single order is
Supply chain management (SCM) midterm exams typically cover foundational concepts, strategic frameworks, and analytical calculations. Based on exam patterns from
Ready to create a quiz? Use Canvas to test your knowledge with a custom quiz Get started
Explanation: Information is the crucial link. Without accurate, real-time data, facilities cannot schedule production, transportation cannot route effectively, and inventory cannot be optimized. Part 2: Short Answer & Analytical Questions Q3: The Efficiency vs. Responsiveness Spectrum
Ready to create a quiz? Use Canvas to test your knowledge with a custom quiz Get started
A) Facilities B) Sourcing C) Pricing D) Information