1. Consider a supply chain with one warehouse and N retail locations. How would high level of demand uncertainty by the customers at the retail locations influence your decisions on inventory holding location? a. Hold most inventory at the retail locations (downstream) b. Demand uncertainty has no effect on decisions on inventory holding locations c. Hold most inventory at the warehouse d. Hold inventory equally at both sets of locations

1. What is the value of postponement (or delayed differentiation) in mass customization? (please find out what mass customization means before answering this question)

	a.	Effective postponement of shipping a product for a specific customer until the latest possible point in the supply chain network enables mass customization
	b.	Effective postponement of differentiating a product for a specific customer until the latest possible point in the supply chain network enables mass customization
	c.	Effective postponement of storing a product for a specific customer until the latest possible point in the supply chain network enables mass customization
	d.	Effective postponement of producing a product for a specific customer until the latest possible point in the supply chain network enables mass customization

1. In its early years, Amazon.com used a single distribution center to fulfill demand received from all over the United States. This single, large location offers benefits of the following. (Select all that apply)

	a.	Order batching
	b.	Demand forecast updating
	c.	Multi-sourcing
	d.	Lower overhead costs
	e.	Statistical economies of scale