Supply Chain Management Midterm Exam Questions ^new^ ● 【OFFICIAL】

Apex Electronics

In the fast-paced world of , a fictional global tech giant, your midterm exam unfolds through the eyes of Leo, the Senior Operations Manager

• Answer: While small quantities reduce holding costs (less stock sitting on shelves), they drastically increase ordering costs (administrative work, shipping fees, receiving costs). The EOQ model finds the balance where the sum of these two costs is minimized.

Use Visuals:

Map out a sample supply chain (e.g., for a smartphone) to see how each stage interacts—this helps with "big picture" essay questions. What Is Supply Chain Management? - IBM supply chain management midterm exam questions

Leo laughed darkly. A lemonade stand as a metaphor for a multi-billion-dollar industry. He crunched the numbers: critical fractile = (2.00 - 0.57) / (2.00 - 0.25) ≈ 0.86. Optimal order: 27 cups. The membership broke even at 40 unsold lemons per week—about 8 days of overstock. Apex Electronics In the fast-paced world of ,

Question 10 (Bullwhip Effect Diagram)

Draw a simple four-tier supply chain (Retailer → Wholesaler → Distributor → Factory). Explain how a 5% increase in retail sales can lead to a 40% increase in factory orders. Name two strategies to mitigate this. Answer: While small quantities reduce holding costs (less

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Facility Location:

Using the Weighted Factory Location Model , how would you choose between three sites based on labor costs, currency stability, and proximity to markets? [19].