Question

22) The aggregate production/operations plan is done at the detail level of individual products and services.

Select one:

A. True

B. False

23) Which mode of transportation (shipping system) would be most appropriate for a supply chain with a low price strategy and a 'make to forecast' macro OPSCM model?   

Select one:

a. water

b. hand delivery / expedited

c. highway truck

d. air

24) Which is not a valid purpose for holding inventory in the supply chain?

Select one:

a. to take advantage of economic order sizes

b. all of them are valid reasons

c. to meet variances in customer demand

d. to reduce the cost of OPSCM

25) An estimation of the cost of not having sufficient inventory can be determined accurately as part of the inventory analysis.

Select one:

True

False

26) Which of these sourcing strategies would be appropriate if the contract duration is short and the transactions cost is high?

Select one:

a. VMI

b. Keiretsu networks

c. RFP

d. spot purchase

27) In the Week #2 case study, Campbells Soup needed a market responsive OPSCM strategy.

Select one:

True

False

28) The goal of sales and operations planning (SOP) is to meet all demand to maximize revenue.

Select one:

True

False

29) The Wk#1 'Triple A' case advocated the concentration of OPSCM effort on efficiency to reduce cost as a path to success.

Select one:

True

False

30) Which sourcing situation would need the most personal attention between buyer and seller?

Select one:

a. spot purchases

b. acquisition of office supplies

c. electronic catalogs

d. suppliers of key components

e. All of them would need the same amount of attention.

31)       There were not many differences in the Week #3 case study on Zara and the Week #4 case on Li Fung in their approach to owning and controlling their OPSCM resources.

Select one:

True

False

32) In the week #7 case study on Red Wing Shoes SOP implementation, which was not a key learning takeaway?

Select one:

a. patience is a virtue - its a long journey

b. be accountable - take it seriously

c. all were key takeaways

d. Celebrate success along the way

e. it doesn't need top executive support

Answer 1

22) The aggregate production/operations plan is done at the detail level of individual products and services.

Select one:

A. True

B. False - Thus is the answer for the question, because :

Aggregate production / operations plan is the sales and operations plan in practice at level 1 of hierarchy. Aggregate production plan aims at matching demand and capacity. This plan is evolved from the business plan that is expressed in terms of product groups and not in terms of individual products and items.

23) Which mode of transportation (shipping system) would be most appropriate for a supply chain with a low price strategy and a 'make to forecast' macro OPSCM model?   

Select one:

a. water

b. hand delivery / expedited

c. highway truck - This is the answer for the question

d. air

Macro Operations, Project and Supply Chain Management ( OPSCM ) model is cover small unit of operations. It is a mini operating model with flexible supplier contract and relationship and manufacturing closer to the point in purchase. Road freight is the most common mode of transportation, it is very cost effective, quick and scheduled delivery, flexible services, track and trace of cargo and track, etc..Road transportation is very suitable for macro operations supply chain especially truck travelled through highways.

24) Which is not a valid purpose for holding inventory in the supply chain?

Select one:

a. to take advantage of economic order sizes

b. all of them are valid reasons - This is the answer for the question

c. to meet variances in customer demand

d. to reduce the cost of OPSCM

Valid purpose for holding inventory in the supply chain is to maintain efficiency in production and sales operations by reducing cost, making or creating increase in demand for the particular product in the market and to take advantage of economic needs, bulk purchase helps the organization to lower their procurement cost, etc..

( This is our limit kindly repost the rest of the questions )