Question: For each question, please select the single correct answer from the given choices. 1. Which of the following locations will you be managing in this

For each question, please select the single correct answer from the given choices. 1. Which of the following locations will you be managing in this game? (a) Factory (b) Distributor (c) Wholesaler (d) Retailer (e) I will be randomly assigned to one of these four roles

2. You will manage the same location within the same supply chain throughout the game. (a) True (b) False

3. What factors determine your locations total cost in this game

(a) Inventory holding cost (b) Backlogging cost (c) Inventory holding cost and backlogging cost (d) Ordering cost

4. What is your objective as the manager of a location in this game?

(a) To minimize your locations cumulative inventory holding cost (b) To maximize revenue (c) To help minimize your supply chains cumulative inventory holding and backlogging cost

5. Suppose at the end of week 1 you have 100 units of inventory, and at the end of week 2 you have 50 units of backlog in your location. What is your local cumulative inventory holding and backlogging cost at the end of week 2?

(a) $1*100 +$1*50 = $150 (b) $0.5*100+ $1*50 = $100 (c) $1*100 +$2*50 = $200 (d) $1*100 +$0.5*50 = $125

6. When you place an order (or make a production decision), how long does it take to receive the order?

(a) 2 weeks of order processing delay (info delay) plus 2 weeks of shipment delay (b) 2 weeks of order processing delay (info delay) plus 1 week of shipment delay (c) 1 weeks of order processing delay (info delay) plus 1 week of shipment delay

7. There are several supply chains each managed by 4 participants in this class. The supply chain that achieves the lowest cumulative cost wins the game. (a) True (b) False

8. If I am assigned to manage the factory, I can observe customer demand at my retailer, i.e., point of sales (POS) data. (a) True (b) False

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