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SCMl 300l Examl 2l (Latestl 2026/l 2027l Update)l Review|l 100%l Verifiedl Questionsl &l Answersl |l Gradel A
Q:l Orderl sizel required=(Actuall Demand)/(Proportionl ofl Acceptablel Productl perl Order)
Answer:
Shrinkagel Calculation.l Mustl bel performedl atl everyl stagel ofl thel supplyl chainl inl upstreaml directionl (customerl backl tol manufacturer)
Q:l Consumerl demandsl 300l units.l Retaill storel allowsl 2%l theftl shrinkage
Answer:
300/(1-.002)=300/.98=306.12l orl 300/(100%-2%)=300/98%,l alwaysl roundl up,l inl thisl casel 307
Q:l Inventoryl future=l inventoryl present[(√warehousel future)/(√warehousel present)]
Answer:
Squarel Rootl Rule
Q:l bullwhipl effect
Answer:
thel phenomenonl inl supplyl chainsl wherebyl orderingl patternsl experiencel increasingl variancel asl youl proceedl upstreaml inl thel chain
Q:l Causesl ofl Bullwhipl Effect
Answer: 1 / 3
orderl batching,l forwardl buying,l rationing,l shortagel gaming
Q:l Everydayl Lowl Pricingl (EDLP)
Answer:
Whenl suppliersl resistl thel urgel tol havel salesl promotionsl andl insteadl offerl theirl lowestl pricesl eachl day,l buyersl dol notl seel anl advantagel tol buyingl inl bulk
Q:l vendorl managedl inventoryl systeml (VMI)
Answer:
Buyersl sharel inventoryl informationl withl suppliers.l Suppliersl inl turnl takel onl thel responsibilityl ofl managingl inventoryl levelsl forl buyerl byl placingl deliveries
Q:l Pushl System
Answer:
Al systeml inl whichl consumerl demandl isl knownl andl expected.l Asl al resultl al supplyl chainl willl preemptivelyl buyl materials,l manufacturel finishedl goods,l andl evenl deliverl theml tol al storel orl al pickingl andl packingl facilityl wherel consumersl canl buyl theml atl al laterl date.l Inventoryl isl "pushed"l towardl thel consumerl inl anticipationl ofl consumerl demand.
Q:l Characteristicsl ofl pushl system
Answer:
•l Al desirel forl finishedl goodsl tol bel immediatelyl andl readilyl availablel •l Opportunitiesl tol takel advantagel ofl quantityl discount •l Endl iteml arel standardizel withl littlel opportunityl forl customization •l Vulnerablel tol obsolescencel ofl inventory,l highl holdingl cost,l andl poorl demandl forecastsl thatl mayl resultl inl stockl outsl orl massivel overstocks
Q:l Pulll System 2 / 3
Answer:
Al systeml thatl isl activatedl byl consumerl demand.l Asl al resultl al supplyl chainl willl notl makel andl storel finishedl goodsl inventory.l Instead,l thel supplyl chainl willl waitl forl thel consumerl tol placel al specificl orderl andl onlyl thenl willl thel supplyl chainl reactl byl perhapsl buyingl rawl materialsl and/orl parts,l andl thenl assemblingl thel desiredl goods,l beforel quicklyl deliveringl theml tol thel consumer.l Inventoryl isl "pulled"l byl thel consumerl byl communicatingl al specificl desirel tol thosel inl thel supplyl chain.
Q:l Characteristicsl ofl pulll system
Answer:
•l Highl rawl materialsl inventoryl readilyl availablel tol producel al specificl consumerl orderl •l Endl itemsl veryl likelyl offerl al rangel ofl customizationl optionsl •l Vulnerablel tol suddenl increasel inl demand,l poorl forecastsl thatl mayl resultl inl poorlyl plannedl productionl systems/facilities
Q:l postponement
Answer:
Al systeml thatl combinesl pushl andl pulll -l pushingl productl elementsl thatl arel consideredl standardl andl thenl allowingl customersl tol pulll productl elementsl thatl canl bel customized.l Thosel productl elementsl thatl arel standardl willl bel producedl inl advanced,l andl thenl finall productionl willl bel delayedl (postponed)l untill thel consumerl placesl anl orderl thatl specifiesl thel customizedl elements.
Q:l Leanl Manufacturing
Answer:
Al productionl philosophyl thatl strivesl tol meetl consumerl demandl andl desiresl butl withl minimall inventoryl levelsl andl minimall supplyl chainl waste.Alsol calledl just-in-timel (JIT)l manufacturingl andl Toyotal Productionl Systeml (TPS)
Q:l Keysl tol Leanl Manufacturing
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