Supply Chain Management Midterm Exam Questions Official
Ordering Cost: ( 11.2 \times 50 = $560 ) Holding Cost: ( (447/2) \times 2.5 = 223.5 \times 2.5 = $558.75 ) Total: ( \approx $1,118.75 )
Most midterm questions will revolve around the "Pillars" or "Phases" of SCM. Familiarize yourself with these variations, as different textbooks use different labels:
Inventory is often the largest cost in a supply chain. Midterms heavily feature calculation-based questions on this topic.
: The "7-Cs" of Logistics—Connect, Create, Customize, Coordinate, Consolidate, Collaborate, and Contribute. Santa Clara University Sample Exam Questions supply chain management midterm exam questions
A) Just-in-Time (JIT) ✅ B) Make-to-Stock (MTS) C) Mass Production D) Bulk Ordering
A company wants to locate a central warehouse to serve three markets. Market A is at with a volume of 1,000 units. Market B is at with a volume of 2,000 units. Market C is at
Do you cut the supplier? Or do you implement a ‘corrective action plan’ that will take 8 months, during which forced overtime continues? Defend your decision using three distinct ethical frameworks: utilitarian, deontological, and virtue ethics. Then, propose a structural supply chain redesign that would make this trade-off obsolete.” Ordering Cost: ( 11
: Understanding effective management through Chain structure, Capacity, Coordination, and Competitiveness. Logistics Frameworks
: Connect, Create, Customize, Coordinate, Consolidate, Collaborate, and Contribute [35]. calculation walk-through for an EOQ or Center-of-Gravity problem?
What is Supply Chain Management? A Beginner's Guide - MANCOSA Market B is at with a volume of 2,000 units
) use the same time unit (usually annual) before plugging them into the EOQ formula. Match daily or weekly demand variations with the corresponding lead time units.
Looking beyond purchase price to consider shipping, tariffs, storage, and quality risks.