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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