Operations Management: Purchasing And Supply Chain at TU München | Flashcards & Summaries

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TESTE DEIN WISSEN

The decision by Apple and Android-based device makers to allow developers to create and submit applications (apps) for devices is an example of outsourcing complementary goods or services to accomplish which ft he following?

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TESTE DEIN WISSEN

Speed up time to market for Apple or Android-based devices

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TESTE DEIN WISSEN

Which of the following attributes of a product or service would most support a decision to outsource its (or a subcomponent’s) production or provision?

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TESTE DEIN WISSEN

The product or service is complex and highly interconnected

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TESTE DEIN WISSEN
Reasons for the bullwhip effect
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TESTE DEIN WISSEN
Operational causes:
- Forecasting based on Orders instead of end customer demand
- Order batching
- Price fluctuation (Promotions, forward buying) 
- Higher lead Times 
- Rationing and shortage gaming (order more you Need bc you expect receive less) 

Behavioral causes:
- Cognitive limitations 
- Inability to coordinate (Lack of trust, Bad communication) 
Lösung ausblenden
TESTE DEIN WISSEN

Attributes of a commercial sourcing include

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TESTE DEIN WISSEN

Multiple suppliers of common products

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TESTE DEIN WISSEN

In general, which of the following attribute combinations makes a product the most difficult to manage from a supply chain perspective?

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TESTE DEIN WISSEN

Short lead times and constant, predictable demand

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TESTE DEIN WISSEN

Commercial aircraft manufacturers often experience significant growth in orders and production. Plagued by problems of overly long supply chains and too many suppliers, several of the large manufacturers have worked to streamline supply chains and reduce the complexity of component manufacturing. The sophisticated designs and the technology provided by suppliers are critical for the safety and success of commercial aircraft. In addition, it is expensive and complicated to modify existing supply chains. According to Kraljic’s matrix, what sourcing strategy should commercial aircraft manufacturers consider to meet their needs best?

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TESTE DEIN WISSEN

Critical/strategic: cooperation

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TESTE DEIN WISSEN

Which of the following is a limitation of the use of learning curves?

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TESTE DEIN WISSEN

Change in personnel, design, or procedure leave the learning curve unchanged

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TESTE DEIN WISSEN

Moo Town Pizza is a restaurant owned and operated by a local farm owner. The single restaurant is open on Thursday evenings from 5 to 10 p.m. All of the ingredients used to create the pizzas sold to customers are produced and sourced by the farm owner. The supply chain for Moo Town Pizza is best described as a(n):

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TESTE DEIN WISSEN

distribution supply chain.

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TESTE DEIN WISSEN

Sourcing manufacturing capability, as opposed to investing in manufacturing infrastructure, can have which of the following advantages?

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TESTE DEIN WISSEN

removes barriers to entry

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TESTE DEIN WISSEN

The demand for men’s razor blade refills is predictable, with lower average demand forecast error, low profit margins, and low stock-out rates. Which of the following statements is most likely TRUE for the supply chain of a company that provides razor blade refills for men’s shavers?

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TESTE DEIN WISSEN

The primary goal of the supply chain for razor blade refills is quick reaction to changes in demand

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TESTE DEIN WISSEN

Kanga Computing is a computer hardware company that sells devices for the residential market. The salespersons work for a monthly salary that is supplemented by a monetary incentive if their store location meets monthly sales targets. Each location has the ability, within a given range, to offer sale prices and discounts to customers. Approximately halfway through a sales month, decisions are made regarding what sales and discounts to offer customers in order to make sure that the monthly sales target is met. Which of the following is FALSE about the likely impact of the sales incentives, sale prices, and discounts offered by Kanga Computing store locations?

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TESTE DEIN WISSEN

Demand for Kanga Computing products increases toward the end of the month

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TESTE DEIN WISSEN

An assumption of EOQ is:

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TESTE DEIN WISSEN

Demand is variable

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Q:

The decision by Apple and Android-based device makers to allow developers to create and submit applications (apps) for devices is an example of outsourcing complementary goods or services to accomplish which ft he following?

A:

Speed up time to market for Apple or Android-based devices

Q:

Which of the following attributes of a product or service would most support a decision to outsource its (or a subcomponent’s) production or provision?

A:

The product or service is complex and highly interconnected

Q:
Reasons for the bullwhip effect
A:
Operational causes:
- Forecasting based on Orders instead of end customer demand
- Order batching
- Price fluctuation (Promotions, forward buying) 
- Higher lead Times 
- Rationing and shortage gaming (order more you Need bc you expect receive less) 

Behavioral causes:
- Cognitive limitations 
- Inability to coordinate (Lack of trust, Bad communication) 
Q:

Attributes of a commercial sourcing include

A:

Multiple suppliers of common products

Q:

In general, which of the following attribute combinations makes a product the most difficult to manage from a supply chain perspective?

A:

Short lead times and constant, predictable demand

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Q:

Commercial aircraft manufacturers often experience significant growth in orders and production. Plagued by problems of overly long supply chains and too many suppliers, several of the large manufacturers have worked to streamline supply chains and reduce the complexity of component manufacturing. The sophisticated designs and the technology provided by suppliers are critical for the safety and success of commercial aircraft. In addition, it is expensive and complicated to modify existing supply chains. According to Kraljic’s matrix, what sourcing strategy should commercial aircraft manufacturers consider to meet their needs best?

A:

Critical/strategic: cooperation

Q:

Which of the following is a limitation of the use of learning curves?

A:

Change in personnel, design, or procedure leave the learning curve unchanged

Q:

Moo Town Pizza is a restaurant owned and operated by a local farm owner. The single restaurant is open on Thursday evenings from 5 to 10 p.m. All of the ingredients used to create the pizzas sold to customers are produced and sourced by the farm owner. The supply chain for Moo Town Pizza is best described as a(n):

A:

distribution supply chain.

Q:

Sourcing manufacturing capability, as opposed to investing in manufacturing infrastructure, can have which of the following advantages?

A:

removes barriers to entry

Q:

The demand for men’s razor blade refills is predictable, with lower average demand forecast error, low profit margins, and low stock-out rates. Which of the following statements is most likely TRUE for the supply chain of a company that provides razor blade refills for men’s shavers?

A:

The primary goal of the supply chain for razor blade refills is quick reaction to changes in demand

Q:

Kanga Computing is a computer hardware company that sells devices for the residential market. The salespersons work for a monthly salary that is supplemented by a monetary incentive if their store location meets monthly sales targets. Each location has the ability, within a given range, to offer sale prices and discounts to customers. Approximately halfway through a sales month, decisions are made regarding what sales and discounts to offer customers in order to make sure that the monthly sales target is met. Which of the following is FALSE about the likely impact of the sales incentives, sale prices, and discounts offered by Kanga Computing store locations?

A:

Demand for Kanga Computing products increases toward the end of the month

Q:

An assumption of EOQ is:

A:

Demand is variable

Operations Management: Purchasing and Supply Chain

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