Question 1

Which of the following is not a key step in designing effective supply chain partnerships?

Accepted Answer

A)   Devoting resources to coordination
B)   Assessing the value of the relationship
C)   Identifying operational roles and decision rights for each party
D)   Creating effective contracts
E)   Designing effective conflict resolution mechanisms

Question 2

Supply chain coordination improves if all stages of the chain take actions that are aligned and together decrease total supply chain surplus.

Accepted Answer

A) True 
 B)False

Question 3

Operational improvements that reduce lot sizes can dampen the bullwhip effect by

Accepted Answer

A)   decreasing the uncertainty of demand during the lead time.
B)   decreasing the amount of fluctuation that can accumulate between any pair of stages of a supply chain.
C)   discouraging retailers from artificially inflating their orders in the case of a shortage.
D)   allocating the available supply based on past retailer sales.
E)   none of the above

Question 4

Which of the following is not a reason cooperation and trust within the supply chain help improve performance?

Accepted Answer

A)   A more natural aligning of incentives and objectives is achieved.
B)   Action-oriented managerial levers to achieve coordination become easier to implement.
C)   An increase in supply chain productivity results, either by elimination of duplicated effort or by allocating effort to the appropriate stage.
D)   Appropriate pricing schemes are harder to achieve if both parties are aiming for the common good.
E)   A greater sharing of detailed sales and production information results.

Question 5

Which of the following is not an approach to improve coordination within the supply chain by aligning goals and incentives?

Accepted Answer

A)   Aligning incentives across functions
B)   Sharing point of sales (POS)  data
C)   Pricing for coordination
D)   Altering sales force incentives from sell-in to sell-through
E)   none of the above

Question 6

Forward buying results in

Accepted Answer

A)   a stabilized buying pattern.
B)   small orders during the promotion period followed by very small orders after that.
C)   small orders during the promotion period followed by large orders after that.
D)   large orders during the promotion period followed by very small orders after that.
E)   none of the above

Question 7

Situations in which the pricing policies for a product lead to an increase in variability of orders placed are referred to as

Accepted Answer

A)   incentive obstacles.
B)   information processing obstacles.
C)   operational obstacles.
D)   pricing obstacles.
E)   behavioral obstacles.

Question 8

What is the impact of lack of coordination on the performance of the supply chain?

Accepted Answer

A lack of coordination occurs either bec...

Question 9

Sharing point of sales (POS) data across the supply chain can help reduce the bullwhip effect because

Accepted Answer

A)   each stage of the supply chain uses orders from the previous stage to forecast future demand.
B)   all supply chain stages can forecast future demand based on final customer demand.
C)   all stages can respond to the same change in customer demand.
D)   all of the above
E)   B and C only

Question 10

The lack of supply chain coordination on various measures of performance has costs associated with it.Which of the following is one of these costs?

Accepted Answer

A)   Inventory
B)   Reliability
C)   Transportation
D)   Quality

Question 11

The lack of supply chain coordination on various measures of performance has costs associated with it.Which of the following is one of these costs?

Accepted Answer

A)   Quality
B)   Reliability
C)   Manufacturing
D)   Pricing

Question 12

A lack of coordination occurs either because

Accepted Answer

A)   different stages of the supply chain have objectives that conflict.
B)   the policies of most firms are contrary to cooperation.
C)   information moving between stages gets delayed and distorted.
D)   all of the above
E)   A and C only

Question 13

The impact of the lack of coordination on supply chain processes decreases for the following measure

Accepted Answer

A)   manufacturing cost.
B)   level of product availability.
C)   transportation cost.
D)   replenishment lead time.

Question 14

A lack of coordination occurs either because different stages of the supply chain have objectives that conflict or because information moving between stages gets delayed and distorted.

Accepted Answer

A) True 
 B)False

Question 15

Improperly structured sales force incentives are a significant obstacle to coordination in the supply chain.

Accepted Answer

A) True 
 B)False

Question 16

When a single stage controls replenishment decisions for the entire chain,the problem of multiple forecasts is magnified and coordination within the supply chain follows.

Accepted Answer

A) True 
 B)False

Question 17

The bullwhip effect moves a supply chain

Accepted Answer

A)   away from the efficient frontier by increasing cost and decreasing responsiveness.
B)   away from the efficient frontier by decreasing cost and increasing responsiveness.
C)   toward the efficient frontier by increasing cost and decreasing responsiveness.
D)   toward the efficient frontier by increasing cost and increasing responsiveness.
E)   none of the above

Question 18

Incentives that focus only on the local impact of an action result in decisions that minimize total supply chain profits.

Accepted Answer

A) True 
 B)False

Question 19

Without collaborative planning,sharing of POS data does not guarantee coordination.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following is not an approach to achieve coordination by improving the accuracy of information available to different stages in the supply chain?

Accepted Answer

A)   Sharing point of sales (POS)  data
B)   Implementing collaborative forecasting and planning
C)   Designing single stage control of replenishment
D)   Pricing for coordination
E)   none of the above

Exam 10: Coordination in a Supply Chain

Situations in which the pricing policies for a product lead to an increase in variability of orders placed are referred to as

Correct AnswerverifiedShow Answer

Without collaborative planning,sharing of POS data does not guarantee coordination.

Correct AnswerverifiedShow Answer

What is the impact of lack of coordination on the performance of the supply chain?

Correct AnswerverifiedA lack of coordination occurs either bec...View AnswerShow Answer

Which of the following is not an approach to achieve coordination by improving the accuracy of information available to different stages in the supply chain?

Correct AnswerverifiedShow Answer

A lack of coordination occurs either because

Correct AnswerverifiedShow Answer

Supply chain coordination improves if all stages of the chain take actions that are aligned and together decrease total supply chain surplus.

Correct AnswerverifiedShow Answer

A lack of coordination occurs either because different stages of the supply chain have objectives that conflict or because information moving between stages gets delayed and distorted.

Correct AnswerverifiedShow Answer

Improperly structured sales force incentives are a significant obstacle to coordination in the supply chain.

Correct AnswerverifiedShow Answer

Incentives that focus only on the local impact of an action result in decisions that minimize total supply chain profits.

Correct AnswerverifiedShow Answer

Operational improvements that reduce lot sizes can dampen the bullwhip effect by

Correct AnswerverifiedShow Answer

Which of the following is not an approach to improve coordination within the supply chain by aligning goals and incentives?

Correct AnswerverifiedShow Answer

The lack of supply chain coordination on various measures of performance has costs associated with it.Which of the following is one of these costs?

Correct AnswerverifiedShow Answer

The bullwhip effect moves a supply chain

Correct AnswerverifiedShow Answer

Sharing point of sales (POS) data across the supply chain can help reduce the bullwhip effect because

Correct AnswerverifiedShow Answer

When a single stage controls replenishment decisions for the entire chain,the problem of multiple forecasts is magnified and coordination within the supply chain follows.

Correct AnswerverifiedShow Answer

Forward buying results in

Correct AnswerverifiedShow Answer

Which of the following is not a key step in designing effective supply chain partnerships?

Correct AnswerverifiedShow Answer

Which of the following is not a reason cooperation and trust within the supply chain help improve performance?

Correct AnswerverifiedShow Answer

The impact of the lack of coordination on supply chain processes decreases for the following measure

Correct AnswerverifiedShow Answer

The lack of supply chain coordination on various measures of performance has costs associated with it.Which of the following is one of these costs?

Correct AnswerverifiedShow Answer

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A lack of coordination occurs either bec...
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