Supply Chain Management Midterm — Exam Questions
This report is structured to simulate a study guide or an instructor’s exam blueprint. It categorizes questions by topic, provides specific examples (Multiple Choice, Short Answer, and Quantitative/Problem Solving), and offers insights into what instructors are looking for in answers.
- (20 marks) Case: Supplier disruption and mitigation A manufacturer depends on a single overseas supplier for a critical component that comprises 40% of the product’s manufacturing cost. Lead time is 12 weeks, and the supplier has experienced recent disruptions (one-month production halt last year). The manufacturer currently holds 16 weeks of inventory cover. Discuss (structured, ~600–800 words) the strategic and tactical options to manage this supplier risk. Evaluate trade-offs (cost, service level, lead time, flexibility) and recommend a prioritized 12-month action plan with concrete steps, KPIs to track, and contingency triggers for escalation.
Total landed cost typically includes: A) Manufacturing cost only B) Transportation, tariffs, and inventory carrying costs C) Marketing and sales commissions D) Overhead but not duties supply chain management midterm exam questions
The Bullwhip Effect: You must be able to define this as the amplification of demand fluctuations as one moves upstream in the supply chain. Inventory Management and Metrics This report is structured to simulate a study
The 4 Major Decisions: Midterms often test your ability to balance Location, Production, Inventory, and Transportation. (20 marks) Case: Supplier disruption and mitigation A