Question: 1. Supply Chain management definitions: Risk Pooling a. Software that manages supply chain management b. Uses radio frequency to transmit product information to a receiver
1. Supply Chain management definitions: Risk Pooling
| a. | Software that manages supply chain management | |
| b. | Uses radio frequency to transmit product information to a receiver | |
| c. | Direct, computer to computer transmission of transactions between organizations | |
| d. | Holding safety stocks in one central location rather than in multiple locations | |
| e. | Demand/order variability gets progressively larger the further back in a supply chain |
2. Supply Chain management definitions: RFID
| a. | Uses radio frequency to transmit product information to a receiver | |
| b. | Direct, computer to computer transmission of transactions between organizations | |
| c. | Another term for the Bullwhip Effect | |
| d. | Software that manages supply chain management | |
| e. | Holding safety stocks in one central location rather than in multiple locations |
3. Using the Factor-Rating table below, if the highest score is the preferred option, which is the preferred city to build?
| Factor | Weight | Moncton | Winnipeg |
| Operating Costs | 30 | 7.0 | 6.0 |
| Building Costs | 25 | 5.0 | 6.0 |
| Size | 15 | 8.5 | 8.0 |
| Traffic Volume | 10 | 7.5 | 7.0 |
| Parking access | 20 | 6.0 | 7.0 |
| Total | 100 |
| a. | Moncton | |
| b. | Winnipeg | |
| c. | Both are equal | |
| d. | Not enough information is provided |
4. The Bullwhip effect is a desirable outcome in a supply chain
True
False
5. Bullwhip Effect: The demand/order variability gets progressively smaller, the further back in the supply chain
True
False
6. Using the Centre of Gravity method based on the table below, what is the x-bar, y-bar value?
| City | x value | y value | Quantity |
| Montreal | 120 | 30 | 50 |
| Toronto | 110 | 70 | 100 |
| Vancouver | 130 | 130 | 150 |
| Edmonton | 40 | 60 | 200 |
| a. | 111, 65 | |
| b. | 80, 89 | |
| c. | 89, 80 | |
| d. | 50, 50 | |
| e. | 65, 111 |
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