...Practice Examination Questions QUESTIONS ON SUPPLY CHAIN MANAGEMENT SCM 1: In a manufacturing plant, suppose fixed cost is $ 10,000/month. Variable Cost of production is $ 0.80 per unit and the selling price is $ 1.00 per unit. What is the breakeven point? Answer: 50,000 units per month Break Even Point = Fixed Cost / (Selling Price – Variable Cost) = 10000/((1.0 ‐0.8) = 50,000 SCM 2: In a manufacturing plant, suppose fixed cost is $ 5,000/month. Variable Cost of production is $ 0.60 per unit and the selling price is $ .95 per unit. The plant produces 20,000 units per month. What is the profit per month as a percentage of the total cost of production? The total cost includes fixed and variable costs. Answer: 11.76% Total Cost of production = 5,000 + 20,000 * 0.6 = 17,000 Total Revenue = 20,000 * 0.95 = 19,000 Profit as a % of cost = (19,000 – 17,000)/17,000 = 11.76% Note: A similar analysis will be required to find the selling price if the desired % of profit is given. SCM 3: A manufacturing company is considering two suppliers (A and B) to supply a component RQ‐237 for next one year. They have received the following quotes from the two suppliers. Supplier A: Fixed cost/year = $ 10,000; Variable cost per unit = $ 0.8 Supplier B: Fixed cost/year = $ 8,000; Variable cost per unit = $ 0.9 Which supplier should be used? Answer: The indifference point = 20,000 Use Supplier B if the demand is less than 20...
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...covered in the supply chain management course. The task also requires showing the understanding of the different supplies needed for delivering the product and how these supplies could be made sustainable. This analysis will enhance the student’s understanding of the issues often experienced when managing the internal and external supply chain which often fails to deliver the customers supply needs. As part of the assessment, students will need to draw a detailed computerised process map/model which takes into perspective the various interactions between the organisation, the customers and the suppliers. The headings that need to be covered in the report are: 1. Describe the product and its key characteristics with relation to the objective and perceived sources of quality explained in the textbook. How to answer the question: Students will need to research and find information about the product in addition to reflecting on the quality explanation from chapter 2 of the textbook. 2. Explain why it is important for organisations to continue innovating this product, how this innovation impacts the supply chain and the type(s) of product innovation categories this product went through during its lifecycle. This will need to be explained in relation to the chapters covered in the textbook. 1 How to answer the question: Students will need to research and explain why it is important to continue innovating this product and how this innovation will impact the supply chain. Students will...
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...Advanced Supply Chain Management Course overview Course code: 315.075.301 Course title: Advanced Supply Chain Management Credit points: 3 |Course |Campus |Career |School |Learning Mode | |Code | | | | | | |Understanding the supply chain |1 |Definitions of supply chain and its |Read Chapter 1 and answer the | | | | |characteristics |discussion questions | | |Supply Chain Performance: Achieving |2 |How to achieve strategic fit and scope through |Read Chapter 2 and answer the | | |Strategic Fit and Scope | |supply chain management |discussion questions | | |Supply Chain Drivers and Obstacles |3 |Deeper understanding of the elements of supply |Read Chapter 3 and answer the | | | | |chain performance |discussion questions | | |Designing distribution network and |4 |Significance of...
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...THE IMPACT OF SUPPLY CHAIN MANAGEMENT ON GOVERNMENT INSTITUTIONS A Research Dissertation by GEORGE FREDERICK JACOBSON STUDENT NO. 94032512 B. TECH: PURCHASING MANAGEMENT Submitted in partial fulfilment of the requirements for the degree MBA in the Business School Faculty of Management Sciences TSHWANE UNIVERSITY OF TECHNOLOGY Supervisor: Prof. J A Watkins Pretoria 4 June 2007 PUBLICATION OF DISSERTATION The attention of the reader is specifically drawn to the fact that the national Government departments, who sanctioned this research study, specifically requested that the work should not be published due to the sensitivity of ongoing remedial actions. DECLARATION OF COPYRIGHT I hereby declare that this dissertation submitted for the degree (Magister Technologia) at the Tshwane University of Technology, is my own original unaided work and has not previously been submitted to any other institution or higher education. I further declare that all sources cited are cited or quoted are indicated or acknowledged by means of a comprehensive list of references. G.F. JACOBSON Copyright© Tshwane University of Technology (2007) i DEDICATION This study is dedicated to my family and friends for their love and support through this process allowing me to grow as a person. ii ACKNOWLEDGEMENTS I would like to express my sincere gratitude and appreciation to the following: My Lord and Saviour, Jesus Christ for His continued blessings...
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...| |UNIVERSITI TUNKU ABDUL RAHMAN (UTAR) | | | | | |FACULTY OF ACCOUNTANCY AND MANAGEMENT (FAM) | Unit Plan | |Unit Code & |UKTS2113 SUPPLY CHAIN MANAGEMENT | | |Unit Title: | | | |Course of Study: |Bachelor of International Business (Hons) | | | | | | |Year of Study: |Year 2 | | | | | | |Year and Semester: |201601 ...
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...Student Assignment Covering Form |Course/Unit Information | |Course |Pearson (Edexcel) BTEC Level 7 – Diploma / Extended Diploma in Strategic Management & | | |Leadership | |Unit No. |Unit 14 | |Unit Name |Strategic Supply Chain Management and Logistics | |Unit code |D/602/2357 | |Batch |I 1501 – SSCML - Sredharran | |Instructor Information | |Name |Sredharran Sampath | |Phone |0529059903 | |Skype | ...
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...INTEGRATION OF SUPPLY CHAIN MANAGEMENT IN PUBLIC HEALTH: A case study of USAID SCMS Project, Nigeria. NAME: Ogbolu', B, Emeka Supply Chain Operation Department, John Snow Inc. Abuja, Nigeria ORGANIZATION: USAID Supply chain management system project, Nigeria PROBLEM OR ISSUE TO BE ADDRESSED “The more integration, the better the performance of the supply chain” (Bagchi et al., 2005). SCM concept is defined as “integration of business processes” (Cooper et al., 1997). According to Lee (2000) the integration of supply chain does not only reduce costs, but it also worth full for the company, and all its shareholders. The ideal condition is that the whole process across the supply chain is designed, managed and unified as a unit. However, different peoples have different opinions, some are disagree with that integration and close cooperation with suppliers and customers is the best resolution in every case. Bask and Juga (2001) think that we have to to reevaluate the dominant vision of integrated supply chain management and propose that polarization of strategies in supply chains can lead to separation and give rise to semi-integration rather than full integration. For others intensive integration might not be in every area of SCM but it can be in some special areas such as quality management and performance measurement while in other areas it is valuable to have limited integration. Bagchi and Skjoett Larsen 2002 suggest a contingency approach to supply chain integration...
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...Chapter 6 E-Supply Chains, Collaborative Commerce, and Corporate Portals Learning Objectives Upon completion of this chapter, you will be able to: 1. Define the e-supply chain and describe its characteristics and components. 2. List supply chain problems and their causes. 3. List solutions provided by e-commerce (EC) for supply chain problems. 4. Describe RFID supply chain applications. 5. Define c-commerce and list the major types. 6. Describe collaborative planning and collaboration, planning, forecasting, and replenishing (CPFR) and list the benefits of each. 7. Discuss integration along the supply chain. 8. Understand corporate portals and their types and roles. 9. Describe e-collaboration tools such as workflow software and groupware. 10. Describe Collaboration 2.0 technology and tools. Content Opening Case: Boeing’s Global Supply Chain for the Dreamliner 787 6.1 E-Supply Chains 6.2 Supply Chain Problems and Solutions 6.3 RFID as a Key Enabler in Supply Chain Management 6.4 Collaborative Commerce 6.5 Collaborative Planning, CPFR, APS, and PLM 6.6 Supply Chain Integration 6.7 Corporate (Enterprise) Portals 6.8 Collaboration-Enabling Environments and Tools Managerial Issues Closing Case: How Wal-Mart Uses EC in Its Supply Chain Answers to Section Review Questions Section 6.1 Review Questions 1. Define the e-supply chain and list its three major parts. It is...
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...CONTAMINATED CASE STUDY/RESEARCH. Question 1: Explain why the supply chain can dramatically impact a company's base performance ANS: Supply chain management involves the management of information flows between and among stages in a supply chain to maximize total supply chain effectiveness and profitability. The dozens of steps are required to achieve and carry out each of the above components. SCM software can enable an organization to generate efficiencies within these steps by automating and improving the information flows throughout and among the different supply chain components. If one member of the supply chain makes a reckless decision it can impact the entire supply chain. This is what happened with the china milk contamination and all of the players upstream and downstream in the supply chain from end consumer to the dairy farmers were impacted by one participants reckless decision. Question 2: list all the products that could possibly be affected by a problem in the U.S. Milk supply chain ANS: Products that could possibly be affected by a problem in the U.S. Milk supply chain are: -Milk -Cheese -Butter -Yogurt -Cottage cheese -Boxed Cereals -Cereal Bars -Sandwich Breads -Vegetarian Meat Products -If there were disruptions in the U.S. Milk supply the price of meat could also fall if dairy farmers were forced to slaughter the cattle for meat instead of milking them. Question 3: How can CRM help communicate issues in the supply chain? ANS: Customer relationship...
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...Supply Chain in the Food Industry by Abdelrahman Ahmed El-Hefny Bachelor Thesis submitted to the Operations Department at the Faculty of Management & Technology German University in Cairo Student registration number: 16-1841 Date: 29th May 2012 Supervisor: Professor Dr. Ehab Yaseen Table of Contents Table of Contents ............................................................................................................. ii Table of Tables ................................................................................................................ iv Table of Figures ................................................................................................................ v Abbreviation List ............................................................................................................. vi 1 Introduction .............................................................................................................. 1 2 Literature Review ..................................................................................................... 3 2.1 Overview on the Supply Chain..................................................................... 3 2.1.1 Definition of the Supply Chain......................................................... 3 2.1.2 Types of Supply Chain ..................................................................... 4 2.1.3 Supply Chain Processes ..........................................
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...Chapter 8 E-Supply Chain, Collaborative Commerce, and Intrabusiness EC Learning Objectives Upon completion of this chapter, you will be able to: 1. Define e-supply chain and describe its characteristics and components. 2. List supply chain problems and their causes. 3. List solutions to supply chain problems provided by EC. 4. Define c-commerce and list its major types. 5. Describe collaborative planning and Collaboration, Planning, Forecasting and Replenishing (CPFR), and list their benefits. 6. Define intrabusiness EC and describe its major activities. 7. Discuss integration along the supply chain. 8. Understand corporate portals and their types and roles. 9. Describe e-collaboration tools such as workflow and groupware. Content How General Motors Is Collaborating Online 1. E-Supply Chains 2. Supply Chain Problems and Solutions 3. Collaborative Commerce 4. Collaborative Planning, CPFR, and Collaborative Design 5. Internal Supply Chain Solutions, Intrabusiness, and B2E 6. Integration Along the Supply Chain 7. Corporate (Enterprise) Portals 8. Collaboration-Enabling Tools: From Workflow to Groupware Managerial Issues Real-World Case: Portal Speeds Product R&D at Amway Appendix 8a: Intranets Answers to Pause/Break Section Review Questions Section 8.1 Review Questions 1. Define the e-supply chain and list its three major parts. A supply chain that is managed electronically, usually using Web technologies...
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...Designing and Managing the Supply Chain David Simchi-Levi Philip Kaminsky Edith Simchi-Levi Solutions for Discussion Questions1 Kerem B¨lb¨l u u 1 We would like to thank Shiming Deng for his valuable contributions to the preparation of this manual. Chapter 1 Introduction to Supply Chain Management Discussion Questions Question 1 Pick any car model manufactured by a domestic auto maker. For example, consider the 2002 Ford Thunderbird. a. The supply chain for a car typically includes the following components: 1. Suppliers for raw materials 2. Suppliers for parts and subsystems 3. Automobile manufacturer (Ford, in this example). Within a company, there are also different departments, which constitute the internal supply chain: i. Purchasing and material handing ii. Manufacturing iii. Marketing, etc. 4. Transportation providers 5. Automobile dealers b. Many Þrms are involved in the supply chain. 1. Raw material suppliers. For instance, suppliers for steel, rubber, plastics, etc. 2. Parts suppliers. For instance, suppliers for engines, steering wheels, seats, and electronic components, etc. 3. Automobile manufacturer. For instance, Ford. 4. Transportation providers. For instance, shippers, trucking companies, railroads, etc. 5. Automobile dealers. For example, Hayward Ford. c. All companies involved in the supply chain want to maximize their respective proÞts by increasing revenue and decreasing cost. However, companies may employ different 2 strategies in order...
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...* Question 1 | | | ____________ looks at an entire market as having the same characteristics:Answer | | | | | | | Correct Answer: | e. Mass marketing | | | | | * Question 2 | | | An accelerated flow of funds through the supply chain can improve a firm's profitability by:Answer | | | | | | | Correct Answer: | c. Creating a positive cash flow provides financial opportunity | | | | | * Question 3 | | | The experience curve describes the relationship between:Answer | | | | | | | Correct Answer: | d. Costs and experience | | | | | * Question 4 | | | In terms of market coverage, ___________ distribution should be used for products with high value, exclusive branding:Answer | | | | | | | Correct Answer: | b. Selective | | | | | * Question 5 | | | In managing processes, the view that focuses on efficiency is:Answer | | | | | | | Correct Answer: | c. Transactional | | | | | * Question 6 | | | The customer service dimension of time is enabled by effective:Answer | | | | | | | Correct Answer: | e. Logistics | | | | | * Question 7 | | | Designing a competitive supply chain network is increasingly challenging because of:Answer | | | | | | | Correct Answer: | a. Increasing complexity and product proliferation | | | | | * Question 8 | | | _________ processes produce small quantities of...
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...First, this journal introduce what supply chain management is. Then, it has a research that study about the supply chain activities and integration, supply chain decision areas, information technology, and measuring supply chain performance. It has 7 research questions to examine. The following are the briefly version of the questions and answers. 1. What makes up the basic activities of supply chain management? Supply chain management includes five basic activities: planning and strategy formulation, sourcing, transformation process, delivery, and handling customer complaints and excess stocks. 2. How are these supply chain activities integrated? Get the various supply chain members to collaborate and work together. 3. What are the major decision areas related to supply chain management? Location, production, inventory, and transportation. 4. Are supply chains associated with sustainability? Green supply chains are associated with sustainability, that involve reducing waste, improving fuel efficiency of vehicles, telecommuting, eco-friendly packing materials, and energy-efficient facilities. 5. How does Information Technology play a role in supply chain management? It enables real-time, online communications throughout the supply chain. 6. How is supply chain management performance measured? It often measured by key performance indicators (KPIs). 7. How does Wal-Mart drive supply chain efficiency? Wal-Mart’s reduce their purchasing costs as much as...
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...The Fresh Connection Game Strategic Supply Chain Management SHT 4001 University of HUDDERSFIELD Name: Zhen Lei (Ray) ID: U1069600 Course: Transport & Logistics management Module Leader: Jayne Hemmingham Executive Summary The main purpose of this report is to discuss and introduce the experience of playing the fresh connection game with answering three main questions, The first one is to consider the competitive strategy of the team and evaluate the scope of team’s supply chain strategy was marching with its competitive strategy. The second is to utilize the financial information to analysis the situation of the business in the last round. Examples need to be explained how our team’s supply chain strategy influenced the financial performance of our team. The last point is to explain how the information can be used in the business to achieve sustainable improvements. The participants not only need to introduce their experience of the game but also demonstrate relevant academic theory and concepts. Introduction This report concentrates on reflecting on the experience of playing the fresh connection game experience. The fresh connection is a website which is one the strength of supply chain management researching environment and is played by both students and professionals. It provides a learning experience of supply chain. The students will make strategic decisions in the supply chain of the fresh connection which is based on a substantial producer of...
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