Dear students, Here you can read MGMT614 – Supply Chain Management Current Solved Final Term Paper 2021. Previously we have shared Mid-Term Solved Grand Quiz for your better help and understanding. You can also see the Solved paper of MGT101 – Financial Accounting-I Current Solved Final Term Solved Paper 2021. Subscribe our YouTube Channel for future updates.
Question No 1:
The cost of a long-term (Raise For Success) lease for a facility is ______ as
compared to input market rates.
- Very Low
- Lower
- Higher
- Too High
Question No 2:
Holt Model of (Raise For Success) forecasting is used to when there are:
- No trends or seasonality
- No trends but seasonality
- Trends but no seasonality
- Trends and seasonality
Question No 3:
Which of the following (Raise For Success) is not based on forecasting?
- Scheduling
- Inventory
- Sales
- Hiring
Question No 4:
Typically the aggregate (Raise For Success) planning time horizon is:
- 1 – 3 months
- 3 – 18 months
- 18 – 36 months
- At least 3 years
Which of the following is/are inappropriate to use in Linear (Raise For Success) Programming for aggregate planning?
- Decision variables
- Objective function
- Constraints
- Beginning Inventory
All of the following approaches can be used to manage capacity to (Raise For Success) meet predictable variability of demand except:
- Time flexibility for workforce
- Use of seasonal Workforce
- Use of sub-contracting
- Use of single facility
Question No 7:
Carrying low levels of (Raise For Success) inventory requires _____ to vary with
seasonal variation in demand to meet the demand.
- Sales
- Supplies
- Capacity
- Profit
Question No 8:
To impressive (Raise For Success) information accuracy all of the following are
helpful except:
Sharing point of same data and inventory information.
Collaborating forecasting and planning.
Multi-stage control of
Question No 9:
- Information sharing
- Discrete information Correct
- Operational improvements
- Stabilization of prices
Which of the following is (Raise For Success) an appropriate cycle time in supply chain?
- Inventory replenishment cycle time
- Manufacturing cycle time
- Sale to cash cycle time Correct
- Order fulfillment cycle time
What happens to the supply chain profit if each stage of the supply chain (Raise For Success) makes its pricing decisions independently _____ with the object of maximizing its own profit?
- Supply chain profit increases
- Supply chain profit decreases
- Supply chain profit remains the same
- Supply chain profit is independent of such decisions
Question No 12:
Random components (Raise For Success) of demand uncertainly is usually estimated by:
- Standard deviation of demand
- Probability of demand
- Average demand
- Forecasting demand
The cumulative normal distribution function its denoted by F
() and is the (Raise For Success) probability that a normally distributed random variable takes on
a value less than or equal to:
- a
- m
- o
- All of the given options
Question No 14:
The expected total quantity ordered during the season with
two orders is _____ that (Raise For Success) of with a single order for the same cycle service
level:
- Greater than Correct
- Less than
- Equal to
- Independent of
Question No 15:
In product based (Raise For Success) tailored sourcing low volume products with uncertain
demand are obtained from:
- A flexible source
- An efficient source Correct
- An uncertain source
- Multiple sources
Question No 16:
Which of the following (Raise For Success) is not a mode of transportation?
- Water Correct
- Rail
- Truck
- None of the above options
Which of the following (Raise For Success) network structures has the least inventory requirement?
- Direct shipping Correct
- Tailored Network
- Central DC with Cross Dock
- Shipping via DC using milk Runs
Which of the following factors should be considered when the making (Raise For Success) sourcing decisions?
- Replenishment lead time
- One-time performance
- Inbound transportation cost
- All of the given options Correct
In product categorization (Raise For Success) for supply chain “Bulk Purchase Items” are _____ critical and ____ value.
- Low, low
- Low, high Correct
- High, Low
- High, High
Question No 20:
Which of the (Raise For Success) following is not a type of auctions?
- American auctions Correct
- English auctions
- Dutch auctions
- Vickery auctions
The following conditions (Raise For Success) the revenue management has a greater impact on the supply chain profitability except:
- The value of the product varies in different market segments Correct
- The product is not perishable
- Demand has seasonal peaks
- The product is sold both in bulk and the spot market
Revenue management is the use of ________ to increase the profit generated (Raise For Success) from a finished of supply chain assets.
- Cost Correct
- Revenue
- Pricing
- Demand
The basic trade-off (Raise For Success) consider during overbooking of perishable assets is between.
- Under capacity and over supply Correct
- Inventory waste and inventory shortage
- Over production and inventory waste
- All of the given options
Question No 24:
Shifting demand from (Raise For Success) peak to off peak season is done by:
- Increasing demand
- Dropping production
- Discounting
- All of the given Correct
Question No 25:
Which of the following (Raise For Success) is not the an emerging trend in IT
Question No 26:
Which of the (Raise For Success) following is not true for IT formulation
technological in the supply chain?
- IT system must address the company key success factors
- To implement IT, take incremental steps
- Align the level of sophistication with the need for sophistication Correct
- Let IT systems to rule decisions
Question No 27:
Which of the following (Raise For Success) is included in matrices for
- Energy consumption
- Greenhouse gas
- Waste generations
- All of the above options Correct
Question No 28:
Which of the following (Raise For Success) are the factors that drive focus on
sustainability except:
- To increase the risk in supply chain
- To improve the financial performance of supply chain
- To attracts the customer who value the sustainability
- To make the world more sustainable
Question No 29:
What are perishable assets? How pricing and revenue
management is (Raise For Success) done for perishable assets?
Question No 30:
Which auction (Raise For Success) management must takes the leverage Supply
Chain Profitability?
Answer:
Inventory management must take the leverage Supply Chain
Profitability. (Raise For Success) Let’s say you have just two hours’ worth of stock sitting in a
car factory, with the aim of keeping the costs of storage low.
- Supplier Cash Control
- Operating Expenses Control
- Customer Cash Control
Question No 31:
Explain what is car inventory? Find the cycle inventory for
a product at (Raise For Success) retail store whose demand per period is 100 units and supplied in
batches of size 140?
Answer:
Cycle inventory or Cycle stock inventory is the portion of
inventory that a seller cycles through to fulfill regular sales orders. It (Raise For Success) represents
a part of a business standing inventory. Cycle inventory is used and replaced
by new items, or turned over. For instance, in a retail setting, the store
should include items in the storeroom and on its shelves at brick and mortar locations.