Time left $1$:$54$:$06$

Question $1$

Not yet answered

Marked out of $1\mathrm{.}00$

Flag question

Question text

Predictable variability is

Question $1$Select one:

A$.$

change in demand that can be forecasted.

B$.$

change in demand that cannot be forecasted.

C$.$

change in demand that has been planned.

D$.$

change in demand that has been scheduled.

Question $2$

Not yet answered

Marked out of $1\mathrm{.}00$

Flag question

Question text

A firm can handle predictable variability by managing

Question $2$Select one:

A$.$

supply using capacity, inventory, trade promotions, and backlogs.

B$.$

supply using capacity, inventory, subcontracting, and backlogs.

C$.$

demand using short$-$term price discounts and trade promotions.

D$.$

supply using capacity, inventory, subcontracting, and backlogs and demand using short$-$term price discounts and trade promotions only

Question $3$

Not yet answered

Marked out of $1\mathrm{.}00$

Flag question

Question text

The disadvantage of building up inventory during the off season to meet demand during peak seasons and keep production stable year round is

Question $3$Select one:

A$.$

very low inventory costs because no inventory needs to be carried from period to period.

B$.$

very high inventory costs because inventory needs to be carried from period to period.

C$.$

in the fact that a firm could get by with a smaller, less expensive factory.

D$.$

in the fact that a firm could get by with a larger, more expensive factory.

Question $4$

Not yet answered

Marked out of $1\mathrm{.}00$

Flag question

Question text

A firm can vary supply of product by controlling

Question $4$Select one:

A$.$

production capacity and inventory.

B$.$

production capacity and price promotions.

C$.$

price promotions and inventory.

D$.$

production capacity and inventory promotions.

Question $5$

Not yet answered

Marked out of $1\mathrm{.}00$

Flag question

Question text

The capacity management approach that uses a temporary workforce during the peak season to increase capacity to match demand is

Question $5$Select one:

A$.$

time flexibility from workforce.

B$.$

the use of seasonal workforce.

C$.$

the use of subcontracting.

D$.$

the use of dual facilities$$dedicated and flexible.

Question $6$

Not yet answered

Marked out of $1\mathrm{.}00$

Flag question

Question text

Customers substituting the firm's product for a competitor's product is

Question $6$Select one:

A$.$

market growth.

B$.$

stealing share.

C$.$

forward selling.

D$.$

forward buying.

Question $7$

Not yet answered

Marked out of $1\mathrm{.}00$

Flag question

Question text

Average inventory

Question $7$Select one:

A$.$

increases if a promotion is run during the peak period.

B$.$

increases if a promotion is run during the off$-$peak period.

C$.$

decreases if a promotion is run during the peak period.

D$.$

decreases if a promotion is run during the off$-$peak period.

Question $8$

Not yet answered

Marked out of $1\mathrm{.}00$

Flag question

Question text

Which factor favors promotion during low$-$demand periods?

Question $8$Select one:

A$.$

High margin

B$.$

High ability to steal market share

C$.$

High ability to increase overall market

D$.$

Low margin

Question $9$

Not yet answered

Marked out of $1\mathrm{.}00$

Flag question

Question text

Which approach to capacity management would use a part$-$time workforce to increase capacity flexibility by enabling the firm to have more people at work during peak periods?

Question $9$Select one:

A$.$

Time flexibility from workforce

B$.$

Use of seasonal workforce

C$.$

Use of subcontracting

D$.$

Use of dual facilities$$dedicated and flexible

Question $10$

Not yet answered

Marked out of $1\mathrm{.}00$

Flag question

Question text

Supply chains can influence demand by using

Question $10$Select one:

A$.$

production capacity and inventory.

B$.$

pricing and other promotions.

C$.$

price promotions and inventory.

D$.$

production capacity and inventory promotions.

Question $11$

Not yet answered

Marked out of $1\mathrm{.}00$

Flag question

Question text

The bullwhip effect causes

Question $11$Select one:

A$.$

maximization of supply chain surplus.

B$.$

improved accuracy of demand information within the supply chain.

C$.$

different stages of the supply chain to have a very different estimate of what demand looks like.

D$.$

less need for aggregate planning.

Question $12$

Not yet answered

Marked out of $1\mathrm{.}00$

Flag question

Question text

The bullwhip effect decreases

Question $12$Select one:

A$.$

product availability.

B$.$

manufacturing cost.

C$.$

replenishment lead time.

D$.$

transportation cost.

Question $13$

Not yet answered

Marked out of $1\mathrm{.}00$

Flag question

Question text

The bullwhip effect

Question $13$Select one:

A$.$

positively impacts performance at every stage.

B$.$

hurts the relationships between different stages of the supply chain.

C$.$

enhances the relationships between different stages of the supply chain.

D$.$

results in improved on$-$time order delivery.

Question $14$

Not yet answered

Marked out of $1\mathrm{.}00$

Flag question

Question text

The lack of supply chain coordination on various measures of performance has costs associated with it$.$